The purchase came in two pieces. In September, WCM paid $97million for six of the buildings. The pension advisor paid $29million for the remaining two buildings this month, according toMichael Ross, an SVP of Colliers International's Downtown LosAngeles office and a broker on the deal.

Ross says the office park is located in an expanding area withinthe Las Vegas Valley. The "project has been met with great demandwith tenants ranging from Subway to Pulte Homes," Ross adds.

The area's office market has held up reasonably well,considering the hit some property types have taken of late.According to Colliers International's Las Vegas third-quartermarket report, the office market experienced a 1% dip in vacancyrates and a slight increase in rental rates.

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