Recent sales of business parks

Recent sales of business parks

Hughes Center, Las Vegas, Nevada

The Hughes Center in Las Vegas, Nevada to be sold for $347 million.  Crescent Real Estate Holdings, an investment firm owned by Barclays Capital and Goff Capital Partners, is selling the property to Blackstone.  A mile east of the Strip, off Flamingo Road, the center consists of 10 office buildings, 1.4 million square feet of space and several restaurants.

Click here for full article in VegasInc


Hoover Business Park, Hoover, Alabama

The Hoover Business Park, in Hoover, Alabama sold for $1.8 million.  Hoover Business Park LLC bought the three-building office and warehouse property in the 2500 block of Lorna Ridge Drive from Florida-based Cobb Investment Co. LLC and Armed Forces Museum of Alabama.

Click here for full article in Birmingham Business Journal


Lyon Business Park, Barking, east London, UK

Picton buys the Lyon Business Park in Barking, a multi-let distribution and warehouse scheme in east London for £9.48m.

Full article in requires registration.  Click here for link.


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