Colliers International – Las Vegas Closes $16M Sale of Matter Real Estate Group’s Foremost Industrial Property Matter

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LAS VEGAS, Sept. 24, 2018 – Colliers International – Las Vegas is pleased to announce that Matter Real Estate Groups’ newly constructed 155,790-square-foot class A industrial building located at 4325 Corporate Center Drive has been sold to Christie Lites – the largest stage lighting company in North America. Jerry Doty of Colliers International represented the buyer Christie Lites, and Dan Doherty, Paul Sweetland and Chris Lane represented the seller, Matter Real Estate Group.

Doherty Industrial Group initially recognized the opportunity of this site as they sold the parcel three separate times prior to brokering it to Centra Property Group, LLC. Matter Real Estate Group acquired Craig shortly after its formation. The building, which is adjacent to the 1.2 million square foot Las Vegas Corporate Center in North Las Vegas, allows immediate access to Interstate 15 via the Craig Road interchange and is minutes to the Las Vegas “Strip” and McCarran International Airport.

Doherty Industrial Group had the opportunity to assist in the building design specifications of Matter’s first industrial development project in Las Vegas. The state-of-the-art building was designed and constructed to meet the demands of light distribution and manufacturing companies in the Las Vegas market.

Christie Lites, a current Colliers client, found the design and construction of the Matter @ Craig property to be well suited for the regional requirements of their global stage lighting company.

For more information about Colliers International – Las Vegas, visit https://www2.colliers.com/United-States/Cities/Las-Vegas.

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About Colliers International Group Inc.

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

For further information, please contact:

Courtney Goffstein, Marketing Manager
Las Vegas, Colliers International
Phone: 702-836-3710
Email: courtney.goffstein@colliers.com

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