After a busy couple of weeks marked with the $87,000,000 sale of Best in the West shopping center by Weingarten to Vestar and the $89,059,000 Hughes Airport Center sale, CRE closings slowed considerably during the holiday shortened week. The 2 largest transactions were a pair of mini storage facilities including the Stor-Mor Mini Storage located at 4680 West Craig Road ($7,000,000) and Lone Mountain Storage at 4850 North Jones Blvd ($9,000,000).

Other notable sales (week of 2/20-2/23/18):

• Fremont Manor (apartments), Downtown Las Vegas $2,350,000
• Winterwood Plaza (retail), Nellis & Sahara $3,750,000

Finally, 303 Water Street, a 30,000+ sf office building in downtown Henderson went back to the bank in a foreclosure sale.