Pacific Electric Extends Palm Business Center Lease

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PalmsBusinessCenterIV_1Pacific Electric Inc. signed a 1-year $25,452 lease renewal for 3,330 square feet of industrial space inside the 23-year-old Palms Business Center IV, on 4.88 acres, at 2919 Meade Avenue in Las Vegas. Cushman & Wakefield-Commerce’s Leo Biedermann represented the lessor, Fisher Brothers Las Vegas LLC. The reported average rent equals 64 cents per square foot modified gross.