May 21, 2026 - 03:10

A well-known office park just east of the Las Vegas Strip is on the verge of changing hands. The Hughes Center, a sprawling commercial campus that once housed major corporate tenants, has attracted a potential buyer, according to sources familiar with the deal. The property, located near the intersection of Flamingo Road and Paradise Road, has seen better days as the pandemic shifted work habits and left many office buildings across the valley struggling with vacancy.
The complex covers roughly 20 acres and includes several low-rise office buildings, parking structures, and retail space. It was once a hub for law firms, financial services, and technology companies. But like many older suburban office parks, it has faced rising competition from newer, amenity-rich developments in the southwest and Summerlin areas. The potential sale signals that investors are still looking for opportunities in the Las Vegas market, even as the office sector remains under pressure.
Details about the buyer and the proposed price have not been disclosed. Real estate brokers familiar with the property say the deal could close within the next few weeks. The Hughes Center is located just minutes from the Strip, giving it a prime location for redevelopment or conversion to mixed-use space. Local officials have been pushing for more residential and entertainment options in that corridor, which could make the site attractive for a new vision.
The sale would mark the end of an era for a property that once symbolized corporate growth in Las Vegas during the 1990s and early 2000s. As the city continues to diversify its economy beyond gaming and tourism, the fate of the Hughes Center will be watched closely by those tracking the health of the local commercial real estate market.
June 12, 2026 - 02:35
George Floyd Square redevelopment rejected: Minneapolis business owners left in limboMinneapolis city officials have voted against a proposed redevelopment plan for George Floyd Square, the intersection where Floyd was murdered by police in 2020. The decision leaves local business...
June 11, 2026 - 21:09
How ‘Stop! That! Train!’ Producer Unapologetic Projects Built a Business Model on Diverse Voices and AudiencesChris Quintos Cathcart and Tyler Boehm, the co-CEOs of Unapologetic Projects, have carved out a distinct space in the entertainment industry by refusing to treat diversity as an afterthought. For...
June 11, 2026 - 00:37
Gemini App Gains Business Profile ToolsGoogle has announced it will integrate Google Business Profile management features directly into its Gemini app, with the rollout beginning this month. The update adds two key capabilities: a...
June 10, 2026 - 00:45
Roundup: Existing home sales / Faith Technologies / University Lakes updateSales of previously owned homes in the United States climbed in May, reaching their strongest pace since December. The annualized rate settled at approximately 4.17 million units, according to...