MVP REIT Pays $6.1 Million for Office Building

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MVP REIT Pays $6.1 Million for Office BuildingMVP REIT Inc.. bought a 5-year-old 22,000-square-foot Class A office building, on 1.55 acres, inside Corporate Park at 8905 W. Post Road in Las Vegas for $6.1 million,or $277-per-square-foot, from S E Property Investments LLC. The two-story buildingwas 91.08% leased at the time of sale. The acquisition was financed through theassumption of $3.5 million in existing debt and the transfer of approximately296,106 shares of the company’s common stock valued at $8.775 per share.