Centra Point Changes Hands

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centraThe Brookhollow Group and PCCP LLC are proud to announce the acquisition of Centra Point. Centra Point is a 383,000 square foot Class A office park located on the southern beltway “curve” in Las Vegas, Nevada.  Centra Point offers a strategic location in the booming Southwest Office Market between the master-planned communities of Summerlin and Green Valley while being just minutes away from the world-famous Las Vegas “Strip” and McCarran International Airport.

“We’ve had our eye on this asset for a long time now,” said Jeff Kaplan, a partner with The Brookhollow Group. “The quality of product, its unmatched location, prime visibility from the southern beltway curve and being in the center of Las Vegas’s fastest growing office markets all played a factor in our decision to aggressively pursue and ultimately acquire Centra Point.”  The acquisition demonstrates the continued trend of activity in the Southwest Las Vegas Office market.

“We are very excited to have the opportunity to work with The Brookhollow Group and help them re-position the asset,” said Nicholas Barber, a Director with Cushman and Wakefield. “The new ownership has the working capital, local presence and a strong sense of the Las Vegas Office market to make instant decisions on all leasing transactions. This is something that both Tenants and the brokerage community will benefit greatly from.” Major renovations will begin immediately and shall include upgraded lobbies and restrooms, landscape renovation, exterior building painting and exterior common area upgrades, spec suites and a new on-site leasing and management office. To learn more, visitwww.centrapointatthecurve.com.

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