The Macy’s furniture-and-home outpost in Las Vegas Chinatown has a new landlord. Property records show the single-tenant building that houses Macy’s Home and Furniture sold in May for $14.7 million, with buyers Huan “Jeff” Mai and Qing Zhong also picking up a nearby cluster of restaurants in the same sweep. Macy’s says the deal does not affect store operations or its current lease at this time.
The transaction was recorded May 11 and lists Huan “Jeff” Mai and Qing Zhong as the buyers at $14.7 million, according to the Las Vegas Review-Journal. The same buyers also acquired an adjacent retail building – a row of eateries – for roughly $11 million, the Review-Journal reported.
LoopNet commercial property listings show the Macy’s building sitting on about 6.63 acres and measuring roughly 148,148 square feet, under parcel ID 162-18-105-002. The listing, which draws from Clark County tax and parcel data, identifies the property as a single-tenant storebuilding in the Central West Las Vegas submarket…