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Las Vegas Motor Speedway real estate $54 Million Speedway Commerce Center II completed construction by Harsch Investment Properties. The Speedway Commerce Center adds 523,000 square feet of Speedway submarket of industrial warehouse space.

The Speedway Commerce Center is 1.4 million square foot, 95 acre, purchased from Bruton Smith of Speedway Motorsports in 2001 for $44 million. The primary tenant is Shelby Automobiles with 140,000 square feet.

Harsch in Las Vegas, Nevada expects to receive later this month the certificate of occupancy for eight buildings. TWC Construction was general contractor. They also built Henderson Commerce Center and Cheyenne Commerce Center and for Harsch.

Harsch has purchased Las Vegas, Nevada real estate for the past 10 years totaling 6.5 million square feet. There is also industrial space of 1 million square feet. They purchased this Las Vegas real estate for $32 a square foot.

This is a different commercial product type from Speedway I.

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Las Vegas McCarran Airport passenger traffic rises in 2006 to 46.2 million.

The increase from 2005 is 4.4 percent with a large growth expected in 2007. There will be more Las Vegas hotel rooms and more residents flying in and out of Vegas. The fourth quarter saw an increase of 7.9 percent increase to 3.5 million from 2005.

The fifth largest airline, American, decreased 11.6 percent to 2.3 million passengers.

Delta Airlines decreased 9.6 percent to 2.4 million people.

Southwest Airlines showed the highest increase at McCarran Airport for 11.3 percent for 13.9 million.

New Orleans and Denver were new destinations from Las Vegas by Southwest at McCarran. Regional and low cost airlines

Low-cost and regional airlines like Southwest led the way at McCarran in 2006.

Last year both Stardust Las Vegas and Lady Luck in downtown closed to make way for re development. There were less rooms for travelers.

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Canyon Creek Development’s Vintage Valley neighborhood in the Estates at Southern Highlands golf club community, is presenting a 6,670-square-foot villa-home with four bedrooms, 6 1/2 baths, library, media room and wine cellar.

The luxury home for sale in Southern Highlands at the Tuscan inspired enclave is within a private gated community of homes.

Southern Highlands Las Vegas luxury homes in Canyon Creek real estate is unveiling a new home for sale within the Estates at the Southern Highlands golf club at 6,670 square foot luxury home and majestic villa with four bedrooms, 6 1/2 baths, wine cellar, library and media room.

Custom designer interior touches include flooring and cabinetry, alder wood doors and beams, custom cabinetry and flooring, chip-edged travertine and granite countertops.

The Vintage Valley home-estate in Las Vegas, Nevada real estate is priced at $3.5 million.

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Las Vegas Nevada Real Estate

Las Vegas Luxury Homes Sales For Jan 23 - Jan 29

$1.15 million, Summerlin Real Estate, 4,144 square feet, 4 bedrooms, 3.5 baths, balcony, covered patio, imported tile floors, fire pit, spa, fountains, gazebo and views.

$1.95 million, Lake Las Vegas Real Estate, 4,847 square feet, 4 bedrooms, 4.5 baths, marble floors, $700,000 in upgrades, wine room, cherry cabinets, waterfalls, pebble-tech beach entry pool, slide and spa.

$1.07 million, Red Rock Country Club Real Estate, 3,147 square feet, 3 bedrooms, 3.5 baths, casita with stone flooring, travertine flooring, entertainer’s wet bar, office, mountain and golf views.

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