CBRE’s Industrial & Logistics – Higgins|Toft|Zaher – Strong Close for Q3 2023

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SALES:

SCSP3, LLC purchased approximately 127.73 acres of vacant land located at S. Las Vegas Blvd. & Cactus Ave. for $172 million. Kevin Higgins, SIOR, of CBRE represented the buyer.

AXA Real Estate Investment Managers US, LLC purchased an approximately 151,200 sq. ft. industrial building at LogistiCenter at Sunset located at 6550 Bruce St. for $45.1 million. Kevin Higgins, SIOR, Garrett Toft, SIOR, Sean Zaher & Jake Higgins for CBRE represented the seller.

Columbia Nevada Carey Industrial, LLC purchased approximately 86.16 acres of vacant industrial land located at W. Carey Ave. & Simmons St. for $22.0 million. Kevin Higgins, SIOR, of CBRE represented the buyer.

SFG Properties, LLC purchased approximately 4.86 acres of vacant industrial land located at 4820 E. La Mancha Ave. for $4.46 million. Kevin Higgins, SIOR, of CBRE represented the buyer.

Exchange Resources, Inc. purchased an approximately 6,554 sq. ft. industrial building located at 6440 Schirlls St. for $2,599,000. Jake Higgins of CBRE represented the buyer.

LEASES:

An undisclosed user leased approximately 583,320 sq. ft. of industrial space at Vantage North located at I-15 & Hollywood Blvd. in North Las Vegas. Kevin Higgins, SIOR, of CBRE represented the lessor.

United Parcel Service, Inc. renewed and expanded their lease of approximately 247,122 sq. ft. of industrial space at Lone Mountain Corporate Center located at 2855 E. Lone Mountain Rd. in North Las Vegas. Garrett Toft, SIOR, of CBRE represented the lessor.

AG Light & Sound, Inc. renewed their lease of approximately 237,858 sq. ft. of industrial space at Lone Mountain Corporate Center located at 4660 Berg St. in North Las Vegas. Sean Zaher of CBRE represented the lessor.

An undisclosed user leased approximately 165,542 sf. ft. of industrial space at Becknell Blue Diamond located at 5675 La Costa Canyon Ct. in Las Vegas. Kevin Higgins, SIOR, of CBRE represented the lessee.

West Shore Home, LLC leased approximately 56,816 sq. ft. of industrial space at South 95 Logistics located at E. Lake Mead Pkwy. & 8th St. in Henderson. Jake Higgins of CBRE represented the lessor.

DHL Express (USA), Inc. leased approximately 53,159 sq. ft. of industrial space at Beltway Business Park located at Edmond St. & Badura Ave. in Las Vegas. Kevin Higgins, SIOR, of CBRE represented the lessee.

Legends Hospitality, LLC sub-leased approximately 40,000 sq. ft. of industrial space at Pacific Business Center located at 1070 Mary Crest Rd. in Henderson. Jake Higgins & Kelsey Higgins of CBRE represented the sub-lessor.

Ashley Global Retail, LLC renewed their lease of approximately 21,765 sq. ft. of industrial space at Silverado Business Park located at 4168 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the lessor.

Zitro USA Inc. leased approximately 13,156 sq. ft. of industrial space at Hughes Airport Center located at 823 Pilot Rd. in Las Vegas. Kelsey Higgins & Jake Higgins of CBRE represented the lessor.

HME, Inc. renewed their lease of approximately 8,706 sq. ft. of industrial space at Silverado Business Park located at 4168 N. Pecos Rd. in Las Vegas. Sean Zaher of CBRE represented the lessor.

Redfern Enterprises, Inc. renewed their lease of approximately 8,706 sq. ft. of industrial space at Silverado Business Park located at 4168 N. Pecos Rd. in Las Vegas. Sean Zaher of CBRE represented the lessor.

James Bianchi leased approximately 6,854 sq. ft. of office space at Hughes Airport Center located at 731 Pilot Rd. in Las Vegas. Jake Higgins of CBRE represented the lessor.

Crow Enterprises, Inc. renewed their lease of approximately 6,370 sq. ft. of industrial space at Silverado Business Park located at 4114 N. Pecos Rd. in North Las Vegas. Sean Zaher of CBRE represented the lessor.

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