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Newmark announces the company has arranged the $17.1 million sale of a prime 7.8-acre site, strategically located on the northeast corner of Maule Ave and Gagnier Blvd. in Las Vegas, Nevada, along the 215 Beltway, adjacent to the Durango Casino and UnCommons.

Newmark’s Michael Stuart represented the buyer, The NRP Group, which plans a four-story, 390-unit residential community on the site. The NRP Group expects to break ground in the third quarter of 2025, with first occupancy scheduled for 2027.