Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada By: Newswire.com July 22, 2022 at 14:45 PM EDT CityWest Commons, Las Vegas, Nevada CityWest Commons, a three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada. LAS VEGAS - July 22, 2022 - (Newswire.com) Kingsbarn Realty Capital ("Company" or "Kingsbarn") announced the acquisition of a Class A, three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada (the "Property"). Formerly known as LaPour Corporate Center, Kingsbarn will rename the property CityWest Commons. CityWest Commons is LEED Certified and consists of approximately 67,415 square feet. CityWest is situated near "the curve" of the Las Vegas Beltway in the Southwest submarket where I-215 connects the Summerlin master-planned community in the West to Henderson and Green Valley Ranch in the Southeast. The Property enjoys superior accessibility and visibility in addition to numerous nearby amenities. "CityWest is 96% leased to high-quality tenants such as The State of Nevada, Chicago Title, and NV Energy," stated Kingsbarn CEO Jeff Pori. Chicago Title is rated A2 by Moody's, and NV Energy is a subsidiary of Berkshire Hathaway Energy, which is rated A3 by Moody's. "51% of the tenancy is investment-grade credit or government-related. We are pleased to be able to provide our investors with a very solid 1031 exchange replacement property," Pori further stated. CityWest Commons' desirable location, quality construction, and strong tenancy make this an attractive investment opportunity. Kingsbarn will offer the Property for investment in a Delaware Statutory Trust structure, thereby making the fractional interests eligible as a 1031 exchange replacement property. About Kingsbarn Realty Capital Kingsbarn Realty Capital is a real estate centric investment house that provides institutional and accredited investors access to an array of alternative investments. Kingsbarn offers investments is private equity, exchange traded funds, traditional investment funds, private placements, and Delaware Statutory Trusts (DSTs). Kingsbarn's management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $1.5 billion of assets under management throughout the United States. Media Contact: Emma Williams/Holly Silvestri The Ferraro Group// 702-367-7771 emma@theferrarogroup.com / holly@theferrarogroup.com Press Release Service by Newswire.com Original Source: Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada By: Newswire.com July 22, 2022 at 14:45 PM EDT CityWest Commons, Las Vegas, Nevada CityWest Commons, a three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada. LAS VEGAS - July 22, 2022 - (Newswire.com) Kingsbarn Realty Capital ("Company" or "Kingsbarn") announced the acquisition of a Class A, three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada (the "Property"). Formerly known as LaPour Corporate Center, Kingsbarn will rename the property CityWest Commons. CityWest Commons is LEED Certified and consists of approximately 67,415 square feet. CityWest is situated near "the curve" of the Las Vegas Beltway in the Southwest submarket where I-215 connects the Summerlin master-planned community in the West to Henderson and Green Valley Ranch in the Southeast. The Property enjoys superior accessibility and visibility in addition to numerous nearby amenities. "CityWest is 96% leased to high-quality tenants such as The State of Nevada, Chicago Title, and NV Energy," stated Kingsbarn CEO Jeff Pori. Chicago Title is rated A2 by Moody's, and NV Energy is a subsidiary of Berkshire Hathaway Energy, which is rated A3 by Moody's. "51% of the tenancy is investment-grade credit or government-related. We are pleased to be able to provide our investors with a very solid 1031 exchange replacement property," Pori further stated. CityWest Commons' desirable location, quality construction, and strong tenancy make this an attractive investment opportunity. Kingsbarn will offer the Property for investment in a Delaware Statutory Trust structure, thereby making the fractional interests eligible as a 1031 exchange replacement property. About Kingsbarn Realty Capital Kingsbarn Realty Capital is a real estate centric investment house that provides institutional and accredited investors access to an array of alternative investments. Kingsbarn offers investments is private equity, exchange traded funds, traditional investment funds, private placements, and Delaware Statutory Trusts (DSTs). Kingsbarn's management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $1.5 billion of assets under management throughout the United States. Media Contact: Emma Williams/Holly Silvestri The Ferraro Group// 702-367-7771 emma@theferrarogroup.com / holly@theferrarogroup.com Press Release Service by Newswire.com Original Source: Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada
CityWest Commons, Las Vegas, Nevada CityWest Commons, a three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada. LAS VEGAS - July 22, 2022 - (Newswire.com) Kingsbarn Realty Capital ("Company" or "Kingsbarn") announced the acquisition of a Class A, three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada (the "Property"). Formerly known as LaPour Corporate Center, Kingsbarn will rename the property CityWest Commons. CityWest Commons is LEED Certified and consists of approximately 67,415 square feet. CityWest is situated near "the curve" of the Las Vegas Beltway in the Southwest submarket where I-215 connects the Summerlin master-planned community in the West to Henderson and Green Valley Ranch in the Southeast. The Property enjoys superior accessibility and visibility in addition to numerous nearby amenities. "CityWest is 96% leased to high-quality tenants such as The State of Nevada, Chicago Title, and NV Energy," stated Kingsbarn CEO Jeff Pori. Chicago Title is rated A2 by Moody's, and NV Energy is a subsidiary of Berkshire Hathaway Energy, which is rated A3 by Moody's. "51% of the tenancy is investment-grade credit or government-related. We are pleased to be able to provide our investors with a very solid 1031 exchange replacement property," Pori further stated. CityWest Commons' desirable location, quality construction, and strong tenancy make this an attractive investment opportunity. Kingsbarn will offer the Property for investment in a Delaware Statutory Trust structure, thereby making the fractional interests eligible as a 1031 exchange replacement property. About Kingsbarn Realty Capital Kingsbarn Realty Capital is a real estate centric investment house that provides institutional and accredited investors access to an array of alternative investments. Kingsbarn offers investments is private equity, exchange traded funds, traditional investment funds, private placements, and Delaware Statutory Trusts (DSTs). Kingsbarn's management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $1.5 billion of assets under management throughout the United States. Media Contact: Emma Williams/Holly Silvestri The Ferraro Group// 702-367-7771 emma@theferrarogroup.com / holly@theferrarogroup.com Press Release Service by Newswire.com Original Source: Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada