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October 22, 2020
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Vegas Office Complex Trades in $27 Mil Deal


Greystone Office Park, a 222k sf, five-building office and retail pad complex in Las Vegas, recently sold for $27 mil, or $121/sf. The asset is situated on more than 13 acres at 1800-2030 East Flamingo Rd.

Developed in 1982 and 1986, Greystone Office Park is 2.5 miles from McCarran International Airport and two miles east of the world-famous Las Vegas Strip. Desert Springs Hospital Medical Center is directly south of the property and Kindred Hospital is adjacent.

The park has a diverse and loyal base of quality, long-term government, professional, medical and non-profit tenants; the largest being Clark County Family Services. Clark County will continue to utilize and further expand into this complex, which provides them with a centralized location for additional services.

Tina D. Taylor with Marcus & Millichap, along with associated firm Institutional Property Advisors, represented the seller and procured the buyer in the deal.

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