REBusinessOnline

Gindi Capital Acquires Las Vegas Strip Property for $172M

The acquisition includes 3743 Las Vegas Blvd. (pictured) and adjacent properties totaling 700 feet of street frontage.

LAS VEGAS — Gindi Capital, a privately held investment company, has acquired a 9.5-acre property on the Las Vegas strip for $172 million from FX Luxury Las Vegas, an affiliate of Spectrum Group Management. The property is located at 3743-3759 Las Vegas Blvd., adjacent to Gindi’s other holdings on the strip, and contains 700 feet of street frontage. Gindi Capital is working with its development and design teams to plan a new flagship retail, entertainment and dining experience inside the building.

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