Las Vegas Sands buys buildings in southwest valley for future headquarters

Las Vegas Sands buys buildings in southwest valley for future headquarters

Article brief provided by Las Vegas Review-Journal
  • Eli Segall, Las Vegas Review-Journal
October 20, 2021 6:44 PM
  • Eli Segall, Las Vegas Review-Journal

Months after reaching a multibillion-dollar deal to sell its Strip properties, Las Vegas Sands Corp. has bought a new corporate headquarters in the southwest valley.

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The casino operator purchased two office buildings and a parking garage on Durango Drive just south of Hacienda Avenue, property records indicate. The $21.55 million purchase closed last month.

According to a marketing brochure, one office building spans 31,647 square feet, the other 79,109 square feet.

Las Vegas Sands is exiting the Strip with its $6.25 billion sale of The Venetian, Palazzo and former Sands Expo and Convention Center, but its office deal shows the casino giant won’t be completely gone from Southern Nevada as it focuses operations on Asia.