CBRE Las Vegas Industrial and Logistics 4th Quarter 2019 Transactions

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SALES:

Clarion Partners purchased approximately 149.13 acres of vacant industrial land located at North 5th St. & Craig Rd. for $58,000,000. Clarion Partners plans to develop a 9 building project totaling 2.6 millions square feet. Kevin Higgins, SIOR, and Garrett Toft, SIOR, of CBRE represented the Buyer.

Viva Bulgaria!!!, LLC purchased approximately 36.45 acres of vacant industrial land located at E. El Campo Grande Ave. & Shatz St. for $14,100,000. Kevin Higgins, SIOR, of CBRE represented the Seller.

East Craig Road Owner, LLC purchased approximately 88,915 SF of industrial buildings located at 3935, 3955 & 3975 E. Craig Rd. for $10,449,765. Sean Zaher, of CBRE represented the Buyer.

Dermody Partners purchased approximately 9.49 acres of vacant industrial land located at Sunset Rd. & Surrey St. Dermody Partners plans to develop a State-of-the-Art ±151,200 SF industrial facility. Kevin Higgins, SIOR, of CBRE represented the Seller.

Helix Electric of Nevada, LLC purchased an approximately 27,799 SF flex building and adjacent ±2.27 acres of vacant land in Aircenter Sunset located at 3058 & 3048 E. Sunset Rd. for $4,450,000. Garrett Toft, SIOR & Jake Higgins of CBRE represented the Seller.

FB Taylor Holdings, LLC purchased approximately 10.35 acres of vacant industrial land located at Mt. Hood St. & E. Washburn Rd. for $3,250,000. Kevin Higgins, SIOR, of CBRE represented the Seller.

Danny Thistle purchased an approximately 20,020 SF industrial building located at 2240 Crestline Loop for $2,350,000. Sean Zaher of CBRE represented the Seller.

LEASES:

TemperPack Technologies, Inc. renewed their lease of approximately 75,560 SF and expanded an additional 60,000 SF of industrial space at Craig Industrial Center located at 4390 Flossmoor St. in North Las Vegas. Garrett Toft, SIOR, of CBRE represented the Lessee.

US Department of Veterans Affairs renewed their lease of approximately 60,610 SF at Northern Beltway Industrial Center located at 5406 E. El Campo Grande Ave. in North Las Vegas. Kevin Higgins, SIOR, of CBRE represented the Lessor.

Southwestern Furniture of Wisconsin, LLC leased approximately 21,765 SF of industrial space at Silverado Business Park located at 4168 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

Gencos USA, LLC leased approximately 12,000 SF of industrial space at Suncrest Commerce Center located at 1051 Mary Crest Rd. in Henderson. Sean Zaher of CBRE represented the Lessee.

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

Sin City Scenic, Inc. leased approximately 8,246 SF of industrial space at Harmon Warehouse Center located at 4301 S. Valley View Blvd. in Las Vegas. Sean Zaher of CBRE represented the Lessor.

Crow Enterprizes, Inc. leased approximately 6,370 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.

Biddergy of Nevada, LLC leased approximately 6,400 SF of industrial space at GBS Industrial Center located at 4724 Mitchell St. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

Con-Quip Services, LLC leased approximately 6,022 SF of industrial space at Silverado Business Park located at 4168 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

International Expo Services, Inc. leased approximately 5,704 SF of industrial space at Pacific Business Center located in Henderson. Jake Higgins of CBRE represented the Lessor and the Lessee.

M&T Expo, LLC leased approximately 5,600 SF of industrial space at GBS Industrial Center located at 4620 Mitchell St. in North Las Vegas. Sean Zaher of CBRE represented the Lessor.

Smith’s Food & Drug Centers, Inc. renewed their lease of approximately 2,418 SF of industrial space at Harmon Warehouse Center located in Las Vegas. Sean Zaher of CBRE represented the Lessor.

John J. Kennedy, LTD leased approximately 1,190 SF of office space in Pacific Business Center located at 1175 American Pacific Dr., in Henderson. Jake Higgins of CBRE represented the Lessor.

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