LAS VEGAS, NV–Tropicana Beltway Shopping Center, a 617,821 square foot asset, was sold for $59 million to The Krausz Cos. located in San Francisco.
LUCESCU REALTY represented the seller, Weingarten Realty, a real estate investment trust, headquartered in Houston, TX.
The property is 99.68% leased with 92.8% of the leased GLA occupied by regional and national tenants including Bank of America, IHOP, Starbucks and Del Taco.
LUCESCU REALTY is an investment real estate services firm headquartered in Newport Beach, CA with regional offices in Phoenix, Arizona and Las Vegas.