Newmark Knight Frank Represents $59.25 Million Sale of Retail Center on Las Vegas Strip

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Newmark Knight Frank (NKF) announces the $59.25 million sale of Silver City Plaza, a 41,583-square-foot retail center on the northern end of the Las Vegas Strip. The retail center, which is located at 3001 South Las Vegas Boulevard, includes seasoned anchor tenants Ross Dress for Less and Walgreens as well as Denny’s, 7-Eleven and others. Senior Managing Director Rob Ippolito of NKF’s Capital Markets group cooperated with local market expert, Executive Managing Director Frank Volk to represent the California-based seller, PASSCO Companies, LLC in the sale to the buyer, Regal Acquisitions.

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