Centra Properties

May 15, 2006 Posted In Economic News New Construction

The Las Vegas developer Centra Properties is selling off its Las Vegas construction company after two years of business.

When the developer launched a building division it was with the hopes that it would transform itself into a one stop shop for Las Vegas commercial development.

However having the Centra name was more of a curse than a blessing. The name brought the development company recognition, but rival developers were reluctant to hire a competitor to build their projects.