Hobby Lobby Stores signed a 12-year $6,642,000 lease for 64,795 square feet of retail space inside Rainbow Promenade, on 22 acres, at 2051 N. Rainbow Blvd. in Las Vegas. Avison Young’s Liz Clare and Jackie Young represented the lessor, CW Capital Asset Management; Dunbar Commercial’s Bill Dunbar represented the lessee. The reported average rent equals 72 cents per square foot.
