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Apex Industrial Park in north Las Vegas real estate was purchased by Kapex LLC for $69 million. This piece of Las Vegas land was a 3,250 acre tract or $21,230-per-acre, from Kerr-McGee Corp. Kapex, whose partners include Jerry Snyder, Dave Carver, Adam Titus and Ken Templeton, with Las Vegas commercial development plans to spend another $31 million developing Apex Park.

“The Apex industrial park has long been viewed as an ideal industrial site, but the lack of utilities has delayed the real estate development,” said Titus. “The first phase of our project will include 400 acres of land in Las Vegas that is currently served by utilities.”

Apex property is located along the westside of Interstate-15 from the Las Vegas Speedway to the U.S. 93/I-15 intersection. It consists of two parcels of M-2 zoned heavy industrial land with a well, paved service road, water storage tank and a septic system. (more…)

The Village at Queensridge, a mixed-use Summerlin Las Vegas real estate development by Peccole Nevada Corp. at the northeast corner of Alta Drive and Rampart Boulevard, is ready for the next phase of construction.

Grading permits for the Village at Queensridge in Summerlin are expected to be pulled within the next 45 days, an executive for the project said.

Culvert work is virtually complete for the 30-acre real estate parcel that has a wash running through it, said President Frank Pankratz of Executive Home Builders.

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Brickwater Las Vegas homes a mid-rise condominium real estate project by NOTEWARE Development announced phase 1 sales soon. Last fall, prominent national real estate developer Jim Noteware of Houston-based NOTEWARE Development partnered with K&S Mesa Verde, LLC, an entity controlled by Edward Kalikow of the Kalikow Group and Eugene Shalik of Shalik Realty Ventures, to purchase 10 acres of prime Las Vegas real estate one block east of the Las Vegas South Strip. Both New York-based private equity firms specialize in real estate development. (more…)

Las Vegas Nevada Real Estate Luxury Home Sales Aug 29 - Sept 4

Million dollar Luxury Las Vegas homes sales last week:

$1.65 million, Eagle Hills In Summerlin Las Vegas Real Estate, 4,517 square feet, 4 bedroom, 3.5 bath.

$2.7 million, Queensridge Real Estate, 6,208 square feet, 4 bedrooms, 4.5 bath, office, mountain views and custom loft with up to 25-foot ceilings.

$1.41 million, Regency At The Lakes Real Estate, 5,387 square feet, 5 bedroom, 6 bath, double lot, marble flooring, large secondary bedrooms.

$1.55 million, Henderson Real Estate, 6,545 square feet, 5 bedroom, 4.5 bath, five fireplaces, marble floors, 1.4-acre horse property with guard gate, master bedroom with balcony.

$1.27 million, The Vineyards Real Estate, 3,888 square feet, 4 bedroom, 3.5 bath, upgrades and an outdoor kitchen.

$2.3 million, Southern Highlands Las Vegas Real Estate, 6,375 square feet, 6 bedroom, 6.5 bath, travertine and wood, detached casita.

$1.48 million, MacDonald Highlands Ranch Real Estate, 4,450 square feet, 5 bedroom, 4.5 bath, waterfall, spa and pool.

$1.24 million, Southwest Las Vegas Real Estate, 4,524 square feet, 4 bedroom, 4.5 bath, spa and pool.

$1.75 million, Southwest Las Vegas, 6,624 square feet, 4 bedroom, 5.5 bath, custom Las Vegas home with guest house.

Selling, buying or refinancing a piece of Las Vegas Real Estate today? Visit Fine Homes Real Estate for more information and VIP representation by a Las Vegas Luxury Real Estate REALTOR for investment Las Vegas Real Estate, 1031 exchange, condos such as Trump Tower, Turnberry, Allure, Panorama Tower, The Signature MGM Residences, W Residences, RED Rock real estate, commercial, residential and Las Vegas land.

Luxury Las Vegas homes sales for September 5 - September 11 2006.