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9/30/16
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Griffin Capital just purchased IGT Corporate Center, a 222.3k sf, Class A office building in Las Vegas, for $66.5 mil, or $299/sf. The three-story building was sold by Panattoni Development.
Built in 2008, the property is situated on 12.7 acres at 6355 Buffalo Dr, within the highly desirable southwest submarket with easy access to the 215 and 15 freeways, McCarran International Airport, and the resort corridor. The property is 100 percent leased to IGT, the global leader in gaming, through 2030.
Kevin Shannon, Ken White, and Laura Stumm with NGKF Capital Markets, along with Barbara Emmons and Rebecca Perlmutter Finkel of CBRE, represented the buyer as well as well the seller in the deal.
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