Tropical Smoothie signed a 10-year $692,000 lease for 2,580 square feet of retail space inside the 24-year-old Rainbow Springs Shopping Center, on 37.17 acres, at 3565 Rainbow Blvd. in Las Vegas. Avison Young’s Liz Clare and Jackie Young represented the lessor, W&W Partnership; Newmark Grubb Knight Frank’s Mike Zobrist represented the lessee. The reported average rent equals $2.24 per square foot.
