Panattoni to sell industrial portfolio to raise cash

August 2008
Las Vegas Business Press (10712186);8/11/2008, Vol. 25 Issue 32, p10
This section offers news briefs on the commercial real estate sector in Las Vegas, Nevada. Panattoni Development Co. has decided to sell seven industrial buildings totaling 2.02 million square feet in Reno and Las Vegas in order to raise cash. Rancho Torre Development completed phase one of an office-retail complex project. A 10-year lease for office space has been signed by Mzima-Colocation Acquisition Co.


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