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5/03/23
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Alton Industries closed on the acquisition of an 18.93-acre land parcel located on Whitney Mesa Dr near Sunset Blvd and Mountain Vista St in Henderson, NV. The $13.6 mil transaction consisted of a land assemblage totaling three parcels.
Chicago-based Alton Industries is a leading global manufacturer in air compressors, wet/dry vacuums, industrial fans/air movers along with multiple other sectors. The company plans on building an approximately 200k sf facility for use as its West Coast headquarters.
Avison Young Principals Chris Lexis, Joe Leavitt and Scott Donaghe who are out of the firm’s Las Vegas office represented the sellers, Roseman University of Health Sciences and City of Henderson. The team also sourced the buyer in the deal.
“Las Vegas continues to attract out-of-state companies as it provides a business-friendly environment, an abundant labor force, and an affordable housing base for West Coast operations,” said Lexis.
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