The Pauls Corp. bought 36.95 acres of land at the southeast corner of Lone Mountain Road and Berg Street in North Las Vegas for $7.5 million, or $202,977-per-acre, from the Meldrum Family Trust. CBRE’s Donna Alderson and Greg Tassi represented the buyer. The Pauls Corp. is planning to construct approximately 675,000 square feet of industrial distribution space with an estimated completion date of the fourth quarter of 2015. CBRE’s Donna Alderson and Greg Tassi will be marketing the property upon completion.
