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December 16, 2019
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TEXAS/SOUTHWEST NEWS
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Gindi Capital Pays $172 Mil for 9.5-Acre Site on the Las Vegas Strip

7/01/19

Gindi Capital has acquired a 9.5-acre property on the Las Vegas Strip for $172 mil. The site, is located at 3743-3759 Las Vegas Blvd, was sold by FX Luxury Las Vegas, an affiliate of Spectrum Group Management.

Located adjacent to Gindi Capitalís other holdings on the Strip, the property contains 700 feet of street frontage, doubling the companyís holdings on the high-profile street. Gindi is currently working with its development and design teams to unveil plans for a new flagship retail, entertainment and dining experience.

JLLís Vice Chairman of Retail Advisory Services Michael Hirschfield and his team will oversee leasing at the new development.





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