Elite Foods Signs $469,929 Lease

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ArroyoNorthBusinessCenter1Elite Foods LLC signed 86-month $469,929 lease for 8,535 square feet of industrial space inside in EJM Development Co.‘s Arroyo North Business Center II at 6560 Tioga Way, Suite 130, in Las Vegas. Newmark Grubb Knight Frank’s Richard Luciani and Jeff Barton represented the lessee; Colliers International’s Spencer Pinter represented the lessor, EJM Arroyo North II Property LLC. The reported average rent equals 64 cents per square foot triple net.