A decision has been made on what to do with Tony Hsieh's Estate two years after his unexpected death.
According to a spokesperson, the estate made the decision to "initiate a marketing process and offer for sale some of the real estate it holds in downtown Las Vegas to allow potential new owners to carry on what Tony started, accelerate momentum, and continue to spur development and growth in the area."
The statement goes on to say that Hsieh had invested more than $350 million into DTP Companies, acquiring more than 100 properties and developing iconic communal sites such as Container Park and Fergusons Downtown.
The estate, along with Heish's family, tried to continue his mission following his death in 2020, with a diligent process underway to ensure the company continues to succeed and thrive throughout the community.
Both parties ultimately came to a conclusion to allow some of the properties to be sold before it was announced Friday.
All companies under the DTP umbrella remain open for business and are operating as usual, the estate says, with updates being provided as the sale process continues.
It is still unclear how many properties are intended to be sold.