Commercial Real Estate 01-27-26

Credit: VanTrust Real Estate/Las Vegas Review-Journal

Sales Transactions

1. The 809.1KSF Lillard Drive Industrialportfolio in Sparks was recently purchased by Westmount Realty Capital. The assets are located at 350, 360 and 450 Lillard Dr. The portfolio was 90% leased at the time of the transaction.

Lease Transactions

2. DHL Supply Chain leased the two remaining vacant industrial buildings at Vantage North in the Apex Industrial Park in North Las Vegas, totaling approximately 1.2MSF. DHL will operate the buildings as a third-party logistics provider for an undisclosed client. The facilities, owned by VanTrust Real Estate, were completed in 2023 and 2024 and are located along Interstate 15, roughly 20 miles northeast of the Las Vegas Strip.

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