Las Vegas

LAS VEGAS-Despite the region's record pace of development--deliveries this year will top 5.5 million sf--vacancy remains below optimal levels, according to a new third quarter report.

LAS VEGAS-The Seattle, WA-based firm closes on seven of nine buildings for $97 million, with the remainder to close before the end of the year.

LAS VEGAS-The real estate and business development company closes on the first of three properties here that it will convert to its Siegel Suites brand of hotel-apartment hybrids.

LAS VEGAS-Three different ownership groups are looking to sell as one their six contiguous parcels. The acreage, abutting Interstate 15, could fetch $6 million per acre.

LAS VEGAS-With the casino operator's share price standing above the offer price, a Dubai World subsidiary attracts only 2.4% of the maximum number of shares it could have acquired.

LAS VEGAS-The $5.4-billion management led buy-out of Station Casinos will be considered for final approval by the Nevada Gaming Commission later this month.

LAS VEGAS-Marriott acknowledges investing $230 million for 16 acres across from the Las Vegas Convention Center en route to a 3,500-room casino-resort with 500,000 sf of meeting space.

LAS VEGAS-Absorption normalizes in the face of above-average construction activity, pushing vacancy to its highest point since the turn of the century, according to a new report.