DIG Sells 109,189 SF City Centre Place Office Building in Downtown Las Vegas

by Amy Works

LAS VEGAS — Dornin Investment Group (DIG) has completed the disposition of City Centre Place, an office building located at 400 S. Fourth St. in downtown Las Vegas. California-based Ally Investments acquired the asset for $15.2 million.

The six-story City Centre Place features 109,189 square feet of Class A office space. At the time of sale, the property was 36 percent occupied. Onsite amenities include an atrium, attached parking garage, controlled access, monument signage and security.

Marc Magliarditi and Travis Landes of CBRE represented the seller in the transaction.

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