Patriot Real Estate Acquires Las Vegas Office Building

Patriot Real Estate Acquires Las Vegas Office Building

Patriot Real Estate Holdings has acquired Marnell Corporate Center 5, a five-story, Class A office building in Las Vegas. At the time of the sale, the 110,974-square-foot property was 88 percent leased. According to Clark County public records, the asset traded for $31.9 million. The same source also reveals that the property is subject to a Wells Fargo Bank loan. A Cushman & Wakefield team brokered the transaction on behalf of TA Realty, which was the previous owner, CommercialEdge data …