U.S. Postal Service Leases Additional Las Vegas Warehouse Space In Anticipation Of Busy Holiday Season

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LAS VEGAS (Oct. 6, 2020) – Colliers International | Las Vegas announced the Willmore Industrial Team represented the transaction that secured the United States Postal Service (USPS) approximately 118,000 square feet of additional warehouse and distribution space to be used as a peak season annex to process packages during the holiday season.

Located in the Foreign Trade Zone near Spencer Street and Sunset Road, the +/- 163,000 square-foot industrial center is a privately fenced, bulk distribution facility which features dock-hi truck loading doors with pit levelers in addition to the 12-foot by 14-foot grade level roll-up doors, which will provide USPS a secure location for its anticipated uptick in operations throughout the Las Vegas valley.

USPS’ newly acquired warehouse and distribution space is located at 6650 Spencer Street, which is located just east of the James C. Brown Jr. Regional Post Office on Sunset Road and Paradise Road. The Willmore Industrial team at Colliers International represented the landlord.

For more information about the Willmore Industrial Team properties, visit https://www2.colliers.com/en/experts/dean-willmore.

About Colliers International

Colliers International (NASDAQ, TSX: CIGI) is a leading real estate 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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PRESS CONTACT

Maddie Skains, MassMedia

702-433-4331

mskains@massmediacc.com

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