Desert Oak Development Signs 26-Month Lease

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Desert Oak Development Signs 26-Month LeaseDesert Oak Development Inc. signed a 26-month $40,250 lease for 2,400 square feet of industrial space at 1959 Whitney Mesa Drive in Henderson. Colliers International’s Eric Molfetta represented the lessee; Lee & Associates’ Chris Lexis represented the lessor, SHO Properties LLC. The reported average rent equals 65 cents per square foot triple net.