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5/06/25
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In a Las Vegas industrial trade, an 83.3k sf, Class A facility in shell condition sold for $24.1 mil, or about $290/sf. We’re told that this is one of the highest price-per-square-foot transactions in the Las Vegas market for a shell industrial building of this size.
Located at 7180 Myers St in the highly desired Southwest submarket, the property offers immediate access to a wealth of nearby amenities and major transportation corridors. It is situated approximately one mile from I-215 and 5.5 miles from I-15, placing it in a strategic logistics hub centrally positioned between Green Valley and Summerlin. The facility falls under Clark County jurisdiction and is zoned (IP) Industrial Park.
The state-of-the-art building is designed to meet the needs of modern industrial users, offering flexible space in one of Southern Nevada’s fastest-growing corridors.
Pat Marsh and Sam Newman of Colliers represented the unnamed buyer in the transaction. Brian Riffel and Tyler Jones of Colliers repped the seller, Habitat Development. Riffel notes that the transaction is a testament to the strength of Las Vegas’s industrial sector and the premium placed on well-located, newly constructed Class A facilities.
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