Brixton Capital acquires Las Palmas Village grocery-anchored retail center in Las Vegas for $29.4 million
Brixton Capital finalized the acquisition of Las Palmas Village, a 106,838-square-foot grocery-anchored retail center in Las Vegas, Nevada, for $29.4 million. The property, located at 415 E. Windmill Lane behind Las Vegas South Premium Outlets, benefits from a prime location just a five-minute drive from Harry Reid International Airport. Built in 1997, the center operates at 95% occupancy with a strong tenant mix anchored by Vons, alongside additional tenants including Taco Bell, Wells Fargo, and UPS. The acquisition expands Brixton Capital's retail portfolio in a high-traffic Las Vegas submarket known for tourism and local commerce. JLL served as the legal representative for the private seller during the transaction. The deal underscores Brixton Capital's strategic focus on grocery-anchored retail assets in gateway markets.
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