REBusinessOnline

Positive Investments Sells Bonneville Square Office Building in Downtown Las Vegas for $14.9M

Bonneville-Square-Las-Vegas-NV

The Federal Public Defender’s office anchors Bonneville Square, a 92,402-square-foot office building in downtown Las Vegas.

LAS VEGAS — Positive Investments, a Southern California-based real estate investment and management company, has completed the sale of Bonneville Square, a five-story office building in downtown Las Vegas. An undisclosed buyer acquired the asset for $14.9 million.

Located at 411 E. Bonneville Ave., the property features 92,402 square feet of office space and is within walking distance of more than 40 law firm offices, 16 government offices and six courthouses. The Federal Public Defender’s office anchors the building, which was 79 percent occupied at the time of sale.

Mark Schuessler and Mike Tabeek of Newmark Knight Frank represented the seller in the deal.

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