LAS VEGAS (May 10, 2021) – Doherty Industrial Group with Colliers Las Vegas announced it has fully leased the 727,926-square-foot Matter Logistics Center @ West Cheyenne only months after completion of the industrial development.
Doherty Industrial Group began securing tenants for the project while still under construction, ultimately fully leasing the project in under six months after completion.
“The project was extremely well designed and constructed and delivered during one of the most active real estate cycles in Las Vegas history. These factors as well as working with the great team at Matter Real Estate Group made it possible to stabilize the project in such a compressed timeframe,” said Jerry Doty, SIOR, vice president at Colliers Las Vegas.
Matter Logistics Center @ West Cheyenne is a five-building master planned development totaling 727,926 square feet located near Cheyenne Avenue and Allen Lane. With both mid-bay industrial and warehouse/distribution product, the project was able to attract both regional and local tenants with a variety of uses including third party logistics, e-commerce distribution, automotive and construction supplies, consumer products and more.
Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane, SIOR, CCIM and Jerry Doty, SIOR of Colliers Las Vegas represented Matter Real Estate Group. Doherty Industrial Group has secured a total of $494 million in transactions resulting in 12.2 million square feet of secured industrial property and a total of 161 transactions in 2020.
For more information about Doherty Industrial Group, visit www.industrial.vegas.
About Colliers International
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. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
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