Rainbow Sunset Retail Complex Sold for $8 Million

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Rainbow Sunset Retail Complex Sold for $8 MillionBrentwood Pavilion LLC bought the 7-year-old, 63,759-square-foot Rainbow Sunset Pavilion Retail Center, on 8.98 acres, at 6315 – 6485 South Rainbow Blvd. in Las Vegas for $8 million, or $125.47-per-square-foot, from Nakama LLC/Hillcrest Trust. The neighborhood strip retail center was 60% occupied at the time of sale. CB Richard Ellis’ Charles Moore, Michael Newman and Marlene Fujita represented the seller.