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Burnham Urban Retail Group Awarded Retail Listing for Verge in Las Vegas.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Verge Living Corporation President Darren Dunckel announced today the hiring of Burnham Urban Retail Group as the listing broker for 30,000 square feet of retail at Verge in Las Vegas, a mixed-use condominium and retail project that will break ground in summer 2007.

Verge, a $135 million development, will be located at the northeast corner of Main Street and Bonanza Road and include 296 for-sale condominiums (starting at 600 square feet), above the first-floor retail space. The project will be built to LEED green building specifications and is expected to be complete in third quarter 2008.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Liz Clare, senior associate, CCIM CCIM Certified Commercial Investment Member
CCIM Centro Cultural Islámico de México
CCIM Client Component Installation Manager (Microsoft)
CCIM Comité Consultatif pour l'Informatique Médicale
CCIM Command Computer Input Multiplexer
, with the Burnham Urban Retail Group's Las Vegas division, the retail component will be marketed to a vibrant mix of tenants including specialty boutique, art galleries, coffee shops and other retail services.

"Verge is expected to set a new standard for mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses.  in downtown Las Vegas Downtown Las Vegas can have several meanings depending on how it is used.

It can mean:
  • The business area around City Hall
  • The downtown casino area.
For articles that include information about this area see:
  • Las Vegas, Nevada
 and the tenant mix will reflect this," said Clare. "We look forward to finding quality tenants that will support the needs of the area and ultimately bring downtown Las Vegas to life.

"The Urban Retail Group at Burnham stands alone when it comes to downtown retail," said Dunckel. "All you have to do is look at where they are and who their clients are." Residents of Verge will enjoy quality amenities including a fitness center with indoor racquetball racquetball, sport played indoors by two or four players, combining elements of court handball and such racket games as squash racquets. It is played on a standard handball court 40 ft (12.2 m) long, 20 ft (6.  courts; a rooftop pool and spa; a lap pool; and a pet park.

Burnham Urban Retail Group provides marketing and advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 to retail developers throughout the West, and formally expanded into Las Vegas through the recent merger between Burnham Real Estate and RL Moore and Associates in 2006.

Burnham Real Estate * ONCOR International provides comprehensive real estate services to clients throughout the southwestern United States and internationally through ONCOR International. Headquartered in San Diego, the company has five regional offices in Southern California and one in Las Vegas. Company services include traditional brokerage along with corporate services, asset services, capital markets, advisory services, strategic corporate consulting and project management. The Burnham web address is www.burnhamrealestate.com.

This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause Verge Living Corp.'s and/or Emvelco Corp.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market completion. You should independently investigate and fully understand all risks before making investment decisions.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 21, 2007
Words:463
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