Freeman Decorating Inc. signed a 20-year, $7,888,200 lease for a 9.43-acre lot at 3845 Pioneer Ave. in Las Vegas. Colliers International’s Pat Marsh represented both the lessee and lessor, Panattoni Development Co. The reported average rent equals per square foot. 43,560 Panattoni originally bought the lot for $3,925,000 or $416,225 per acre.
