Las Vegas, NV-- Voit Real Estate Services has just completed its first investment acquisition in more than five years, according to Robert D. Voit (middle right photo), CEO and Founder of Newport Beach, Calif.-based Voit Real Estate Services.
The firm has acquired Cheyenne Technology Center (formerly called North Port Business Center),(top left photo) a 172,328 square-foot industrial business park in North Las Vegas, Nev., for $11.9 million from an institutional lender.
This transaction by Voit, a firm that has owned and developed more than 24 million square feet of commercial real estate valued in excess of $2 billion during its 40-year history, demonstrates confidence in the new opportunities arising from the most recent market cycle, according to Voit.
“We have confidence in the Las Vegas market and we believe that the market has reached its bottom, creating the right timing for this acquisition,” noted Mr. Voit.
Information on leasing the property is available from Garrett Toft at (702) 734-4503 or gtoft@voitco.com.
For a complete copy of the company’s news release, please contact:
Contact:
Judith Brower or Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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