Panattoni Lands $1.6 Million Lease

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Panattoni Lands $1.6 Million LeaseSimplex Grinnell signed a 5-year, $1,604,576 lease for 30,467 square feet of industrial space inside the 5-year-old Airport Technology Center, on 2.51 acres, at 1545 Pama Lane in Las Vegas. Colliers International’s Pat Marsh and Grant Traub represented the lessor, Panattoni Development Co. The reported average rent equals 88 cents per square foot triple-net.