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Since October, I have averaged one sale per month.  True, sales prices have been trending downward, but what was once a rapid pace of decline seems to be flattening.  I am fortunate to represent SAXA, Inc., the number one developer of small office buildings in Las Vegas.  They built a superior product in excellent locations around the valley.  While many developers and sellers have unrealistic expectations of market demand, SAXA is planted in reality and working with their lenders to sell what little inventory remains on the market.

Durango Village is a garden style office development located on Durango Drive and Patrick Lane in the Southwest. The project is strategically located equal distance from Southern Hills, San Martin and Spring Valley and offers easy access to the 215 Beltway. Durango Village is home to an array of professional business owners and now real estate owners. Seven of the 12 buildings have been sold to the likes of doctors, dentists, attorneys, insurance companies and more.

Durango Village was recently completed and is nearly sold out. The project offers 1,200 to 25,000 square feet of space for sale. Each building is delivered in grey shell condition, which means that you purchase a space that you can customize to your specifications. Each unit comes with covered parking and signage on the building as well as on the monument sign prominently located on Durango. The two-story building has common rest rooms on each floor and an elevator.

Just this March, Durango Village won the NAIOP Spotlight Award for best Small Office Building in Las Vegas.

For more information on the remaining space at Durango Village contact Miriam Campos-Root, CCIM, LEED AP or Dana Berggren at (702) 363-7600.