As part of a large mixed-use development, the property consists of one (1) four story office building (107,391 square feet), one (1) restaurant building (7,227 square feet) and excess land currently being used as surface parking.
Project Description
Douglas Wilson Companies (DWC) was tasked to take possession and control of all real and personal property known as the Rainbow Sunset Pavilion. All properties were vacant of any tenants due to neglect by the owner.
Scope of Work
DWC managed the day-to-day operations of the buildings. In order to facilitate continued occupancy, DWC had to reinstate all building services/amenities terminated by the owner. Additionally, DWC negotiated a letter of intent with a major tenant to occupy 60% of the building.
Project Resolution
The receiver was discharged.
Project Name
Rainbow Sunset Developers, LLC
Client
Eighth Judicial District Court, Clark County, Nevada
Location
Las Vegas, NV
