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GLVAR Announces Sale Of HQ Property – Prepares To Occupy New Building

GLVAR building rendering final 2016[4]The Officers and Directors of the Greater Las Vegas Association of REALTORS® (GLVAR) are pleased to announce the sale of its longtime home at 1750 East Sahara Avenue to Laborers’ International Union North America, Local 872 (LIUNA, Inc.) for $2,750,000.

There will be no disruption in services to GLVAR’s 14,000-plus members as the purchase agreement contains a lease back provision allowing GLVAR to remain at the East Sahara location until construction of its new building on Rainbow Boulevard, just north of Sunset Road, is completed in the coming months.

GLVAR was represented in the transaction by David R. Scherer of Newmark Grubb Knight Frank, while LIUNA was represented by Peter Guzman.


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