The Bascom Group has sold The Edge at Traverse Point in Henderson Nevada for $60.7 million to New York-based private investor, Securities Properties. The Edge at Traverse Point is a 296-unit garden-style apartment complex.
Located at 1131 Wigwam Parkway, the property is located near Bruce Woodbury Beltway, Reunion Trails Park, Railroad Lake and the shops and restaurants along Wigwam Parkway. SP plans to implement a light industrial strategy.
Managing director Brian Anderson and associate director Jared Glover of Berkadia's Las Vegas office represented the seller.
|Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.