Yes, Las Vegas Strip assets are prime real estate, but they’re not the only game around. Arguably the gaming capital of the world, the Strip represented almost $6.6 billion in commercial gaming revenue in 2018. That’s a huge sum, to be sure, but it’s only about 15 percent of the nationwide total for commercial gaming revenue in 2018.
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Retailer Express to close around 100 stores by 2022, reports the Wall Street Journal. Some tech companies are choosing to work in old industrial buildings instead of traditional office spaces, according to The New York Times. These are today’s must reads from around the commercial real estate industry.