Cushman & Wakefield Arranges $12.9 Million Sale of Craig Promenade Shopping Center in North Las Vegas

Big Lots anchors Craig Promenade, an 81,057-square-foot shopping center in North Las Vegas, Nevada. Big Lots anchors Craig Promenade, an 81,057-square-foot shopping center in North Las Vegas, Nevada.

North Las Vegas, Nev. — Cushman & Wakefield has arranged the sale of Craig Promenade, a neighborhood shopping center located in North Las Vegas, Nevada.

Liberty Crossing Apartments LLC, an entity formed by Precision Equity, purchased the asset from RREF-II KI Promenade, an entity formed by Rialto Capital Advisors. The acquisition price was $12.6 million. Michael Hackett, Ryan Schubert and Lauren Tabeek of Cushman & Wakefield represented the seller in the deal. Big Lots anchors the 81,057-square-foot retail center, which sits on 7.6 acres. The property was 84.8 percent occupied at the time of the sale.

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