LAS VEGAS (Nov. 12, 2020) – Colliers International | Las Vegas announced that Doherty Industrial Group represented Matter Real Estate Group in the sale of its last remaining industrial unit at Matter Business Park @ Warm Springs.
The 6,380 square-foot unit located at 7930 W. Warm Springs Road sold to Atlanta South, LLC for $1,097,360. The buyer was represented by Colliers International Las Vegas broker Brian Riffel, SIOR.
The unit, which was built in 2019, features grade and dock level loading doors and is part of a two-building industrial complex that sits on nearly 10 acres of land. The property is in close proximity to one of the valley’s main arterial highways, the 215 and 15 freeways, as well as the Resort Corridor. This sale closes out the final sale of fifteen units of a 131,783 two building project with units ranging from 6,000 to 21,886 square feet.
“Matter Business Park @ Warm Springs provided buyers a rare opportunity to purchase warehouse space in the highly desirable Southwest Submarket that includes features such as dock high loading doors, ESFR fire sprinklers, 24’ Clear Height and other highly sought after amenities,” said Paul Sweetland, SIOR. “We are honored to take part in obtaining full occupancy of this complex.”
Atlanta South, LLC will be joining other tenants including Ideal Investments and the exciting Scuderia Corsa Ferrari Racing Team, which recently relocated its headquarters from Los Angeles to Las Vegas.
The Doherty Industrial Group is also representing additional Matter Real Estate Group industrial complexes including Matter Park @ West Henderson and Matter Logistics Center @ West Cheyenne. For more information about these properties, contact Paul Sweetland at 702-836-3750.
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Colliers International (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment.
Maddie Skains, MassMedia