Panattoni acquires foreclosed industrial property in Las Vegas

09/4/2009 | Las Vegas Review-Journal

Panattoni Development acquired distressed and bank-owned property near the Las Vegas Beltway and Buffalo Drive for $7.3 million. The property is an office and industrial project. "There's not that many for-sale buildings in the southwest. Once we move through this, there's not going to be a lot of competition. You can't say that in North Las Vegas," said Doug Roberts, senior vice president for Panattoni.

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