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SPARKS, NEV. — BIG Shopping Centers USA and Red Development have completed the sale of Legends at Sparks Marina, a 41-acre mixed-use development in northern Nevada, to Alturas Capital Partners for $103 million. Kyle Miller and Rob Ippolito of Newmark represented the seller in the deal.
Located at 1310 Scheels Drive, Legends at Sparks Marina features 421,479 square feet that was 95.8 percent leased at the time of sale. Current tenants include Galaxy Theatres, Burlington, H&M, Nike, Sephora, Defy, Calendar’s and Yard House, which is currently under construction.