Sam’s Real Estate Business Trust signed a 10-year $5,885,616 lease for the 133,764-square-feet of retail space inside the Wal-Mart-anchored Tropicana Centre at 5101 S. Pecos Ave. in Las Vegas. Gregg Williams represented himself as lessee; Colliers International’s Joe Bonifatto and Frank Marretti represented the lessor, Tropec LLC. The reported average rent equals 37 cents per square foot.Tropicana Centre Signs $5.8 Million Retail Lease
Sam’s Real Estate Business Trust signed a 10-year $5,885,616 lease for the 133,764-square-feet of retail space inside the Wal-Mart-anchored Tropicana Centre at 5101 S. Pecos Ave. in Las Vegas. Gregg Williams represented himself as lessee; Colliers International’s Joe Bonifatto and Frank Marretti represented the lessor, Tropec LLC. The reported average rent equals 37 cents per square foot.
