Business Services Industry
Sources Say Trizec Properties Close to Deal to Sell Las Vegas Shopping Center.
Knight Ridder/Tribune Business News, December, 2003
By Chris Jones, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Dec. 18--A trio of independent sources close to the deal have confirmed Trizec Properties within the next few days will likely complete a deal to sell its Desert Passage at Aladdin shopping center to a group of East Coast investors.
A pair of sources said the $235 million deal, which was first reported by the Review-Journal in September, will close today or Friday. A third source was more cautious, however, saying the sale is likely to wrap up "before Monday" but could be pushed back until the middle of next week.
"There's been a little last-minute haggling, but it's very, very close," a source said.
All three individuals confirmed the...
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