The Berg Team of Sperry Van Ness represented Rainbow Structures LLC in the sale of the SWC of Rainbow Blvd and Windmill Lane.The parcel size is 3.75 acres and sold for $2,500,000, or $667,000 an acre. The parcel is a hard corner and is located adjacent to Southwest Marketplace, which is one of the busier Smith’s Centers in Las Vegas.The approximate aggregate value of the transaction equates to $15.30 per square foot of land.
