Two national chains scoop up land parcels in Las Vegas at strong 3.7% and 4.1% cap rates.
The retail market is heating up in Las Vegas. CAI Investments has developed and sold two of the land parcels in its larger 3883 Flamingo Center mixed-use project in Las Vegas, which will include a hotel and apartment units …Read More >

The Palms Casino is getting a new neighbor. Developers are working on a new project that will include restaurants, apartments and a hotel.
Christopher Beavor, CEO of CAI Investments, said more industries are moving out of the area, making room for projects like his.
He showed FOX5 renderings of the development near Flamingo and Valley View. Beavor …Read More >

Construction of a mixed-use project next to the Palms is underway, with Chick-fil-A, an upscale hotel and a luxury apartment complex set to start taking shape this year, developers said.

WHAT: Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading Mexican quick service restaurant* (MQSR), is celebrating the official grand opening of its newest Arizona location in Goodyear (1901 North Pebble Creek Parkway) with a ribbon cutting ceremony.

Construction is underway on a 17-story non-gaming hotel on Flamingo Road, next door to the Palms resort just west of the Las Vegas Strip.
The project, called 3883 Flamingo, sits on almost 9 acres and will include multifamily housing and retail, according to the developer, CAI Investments, which hosted a groundbreaking ceremony on Friday. Tenants at …Read More >

By Roland Murphy for Arizona Builder’s Exchange
Tempe’s Development Review Commission will consider plans for a new 18-story Westin Hotel at 11 E. 7th St. at its Sept. 26th meeting.
The project will feature between 260-290 rooms, 1,800SF of retail space, 1,400SF of restaurant and 12KSF of conference area. The total planned building area is nearly …Read More >