CBRE Las Vegas Industrial and Logistics 3rd Quarter 2019 Transactions

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SALES:

BKM Capital Partners purchased The Pacific Business Center, an approximately 898,389 SF business park, from Northwestern Mutual Life Insurance Company for $111,250,000. Kevin Higgins, SIOR, and Garrett Toft, SIOR, of CBRE represented the Seller.

Richard Peterson purchased an approximately 25,248 SF NNN investment office building located at 1711 Whitney Mesa Dr. for $3,725,000. Kevin Higgins, SIOR & Sean Zaher of CBRE represented the Seller.

 

EBS Realty Partners, LLC purchased approximately 4.5 acres of vacant industrial land on Lone Mountain Rd. & Berg St. for $1,666,170. Garrett Toft, SIOR of CBRE represented the Buyer. EBS Realty Partners, LLC has plans for a future industrial development.

General Gifts, Inc. purchased approximately 4.19 acres of vacant industrial land located on Emerald Dr. & Stephanie St. for $1,150,000. Kevin Higgins, SIOR, of CBRE represented the Seller.

Summerlin Offices, LLC purchased approximately 3.46 acres of vacant industrial land located on Eastern Ave. & Warm Springs Rd. for $1,300,000. Garrett Toft, SIOR & Keith Spencer of CBRE represented the Seller.

Design Source Interiors, LLC purchased approximately 2.23 acres of vacant land located on Rafael Rivera Way and I-215 for $1,100,000. Zac Zaher of CBRE represented the Seller.

Annallen, LLC purchased approximately 0.97 acres of vacant industrial land located at 9540 S. Decatur Blvd. for $285,000. Zac Zaher of CBRE represented the Seller.

LEASES:

Packaging Corporation of America leased approximately 95,513 SF of industrial space in Northgate Distribution Center located at 5840 Donovan Way in North Las Vegas. Jake Higgins of CBRE represented the Lessor and Kevin Higgins, SIOR, and Zac Zaher of CBRE represented the Lessee.

Anson & Higgins Plastic Surgery Associates, LP renewed their lease of approximately 11,827 SF and expanded an additional 5,519 SF of office space in Durango Medical Plaza located at 8530 W. Sunset Rd. in Las Vegas. Kevin Higgins, SIOR, and Sean Zaher of CBRE represented the Lessee.

Imax Exhibitions, Inc. leased approximately 16,529 SF of industrial space in Speedway Commerce Center located at 6895 Speedway Blvd. in North Las Vegas. Sean Zaher of CBRE represented the Lessee.

Homefoam Corporation leased approximately 12,077 SF of industrial space at Silverado Business Park located at 4114 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

HME, Inc. leased approximately 8,706 SF of industrial space in Silverado Business Park located at 4168 Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

CNC Waterjet, LLC renewed their lease of approximately 8,548 SF of industrial space in Silverado Business Park located at 4168 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

Scriptdash, Inc. dba Alto Pharmacy leased approximately 4,987 SF of office space in Hughes Airport Center located at 600 Pilot Rd. in Las Vegas. Sean Zaher of CBRE represented the Lessor.

Blue Man Vegas, LLC renewed their lease of approximately 4,460 SF of industrial space in Harmon Warehouse Center located at 4301 S. Valley View Blvd. in Las Vegas. Sean Zaher of CBRE represented the Lessor.

Vegas Jeep Tours, LLC leased approximately 4,231 SF of industrial space in Harmon Warehouse Center located at 4301 S. Valley View Blvd. in Las Vegas. Sean Zaher of CBRE represented both the Lessor and Lessee.

Papillon Airways, Inc. leased approximately 3,095 SF of office space in Hughes Airport Center located at 680 Pilot Rd. in Las Vegas. Jake Higgins of CBRE represented the Lessor.

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