AEW buys Vista Commons Vegas Retail Center for $56M ($567psf) from MIG

AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas. MIG Real Estate sold the asset for $56.1 million, according to CommercialEdge information. JLL represented the seller.

MIG had acquired the retail center in January 2011 for $24.3 million from GGP, according to CommercialEdge information. In 2018, the property became subject to a 10-year, $26.2 million loan originated by Truist Bank.

MIG Real Estate
Phillip Matchett | Director, Investments-Commercial
AEW Capital Management
Tom Mullahey | Head of Western U.S. Acquisitions

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