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Investment firm gets office in Vegas

October 11, 2010

Stoneridge Capital Partners, a real estate investment firm based in Newport Beach, has acquired a 100,000-square-foot office building in Las Vegas for an undisclosed price.

Sunset Pilot Plaza, a three-story building, was developed in 2008 within the 3.3 million-square-foot Hughes Airport Center business park, according to a news release issued Monday.

The property, at 280 Pilot Road, is near Interstate 215, Interstate 15, Las Vegas Boulevard and McCarran International Airport.

Stoneridge Capital Partners declined to reveal the amount it paid to purchase the building, spokesman Nick Kopingasaid.

The acquisition of Sunset Pilot Plaza brings to more than $200 million Stoneridge Capital's acquisitions in the past 18 months. The firm's portfolio includes more than 1 million square feet of retail, office, hotel and multi-family holdings in California, Arizona, Nevada, Hawaii and Colorado.

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— Imran Vittachi

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