Land around the Las Vegas stadium site has been selling for high prices. A few months before the stadium’s groundbreaking, Global Trust Group acquired a 2.5-acre parcel just north of the stadium site. The property sold for $7.25 million, or $2.9 million an acre. Osprey Real Estate Capital and Huntington Hotel Group acquired a 2-acre industrial site just west of the stadium site in late November. The property sold for $6.5 million, or $3.15 million per acre. That’s roughly 12 times the average price of land in the valley this year as tracked by Colliers International.
MORE STORIES
![recommend 1](https://www.reviewjournal.com/wp-content/uploads/2024/06/19328080_web1_STOCK-METRO-PHOTO-BT007c.jpg?h=100)
Police investigate shooting involving officers in east Las Vegas
![recommend 2](https://www.reviewjournal.com/wp-content/uploads/2024/06/19323412_web1_fireworks.stacked.jpeg?h=100)
‘We will be out watching’: Las Vegas police confiscate illegal fireworks
![recommend 3](https://www.reviewjournal.com/wp-content/uploads/2024/06/19286537_web1_1-Rivers.jpg?h=100)
CARTOONS: Why Biden gets free drinks at the bar
![recommend 4](https://www.reviewjournal.com/wp-content/uploads/2024/06/19325149_web1_Biden27.jpg?h=100)
EDITORIAL: Courts again stand in way of Biden’s student loan scheme
![recommend 5](https://www.reviewjournal.com/wp-content/uploads/2024/06/19318672_web1_lombardomay23.jpg?h=100)
LETTER: On Trump, Lombardo and proof
![recommend 6](https://www.reviewjournal.com/wp-content/uploads/2024/06/19318666_web1_cali.flag_.jpg?h=100)
LETTER: What will the California government mess up next?