Rainbow Office, Residential Portfolio Sold for $7.5 Million

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RainbowOasisCenterSTORE Capital Acquisitions LLC bought an 8-home, one-office portfolio totaling 69,173-square-foot at 2975 S. Rainbow Blvd. in Las Vegas and the surrounding vicinity for $7,506,450, or $938,306-per-unit, from CMA Industries LLC and Solutions Holdings LLC. Sun Commercial Real Estate’s Cathy JonesPaul MiachikaJessica Cegavske, and Roy Fritz represented the seller. The sale includes the 24-year-old 38,784-square-foot Rainbow Oasis Center, on 2.96 acres, which was 56% occupied at the time of sale.