City Center West B was built in 1999. The sellers acquired the building in 2002 for $20.8 million, the same year it acquired the twin City Center West A office building for $21.67 million on behalf of T REIT and tenant-in-common investors. City Center West A was re-traded in August 2005 for $30.8 million.
Tenants at City Center West B include Bank West of Nevada, IBM, and Mutual of Omaha Insurance Co. Occupancy was not immediately available.
Bill Palmer and John Sedar of the Palmer Team Inc. had the disposition assignment. Darryll Goodman of Triple Net Properties represented the sellers.
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