Kevin J. Higgins |
Las Vegas, NV – Kevin J. Higgins, Garrett Toft and Zac Zaher of Voit Real Estate Services’
Las Vegas office successfully directed the $9.1 million sale of a 147,903
square-foot multi-tenant industrial property in Las Vegas on behalf of the
seller, Terra Grandis, LLC & The Tiberti Company.
The buyer, BKM Capital Partners LP, intends on repositioning
the property for stabilization, according to Higgins, an Executive Vice
President in Voit’s Las Vegas office.
“This asset is in an
excellent location and was in need of a large capital commitment in order to
address some deferred maintenance,” stated Higgins.
“BKM Capital Partners will rebrand the project and
reposition vacant suites into the lease ready units the market has grown to
expect.
"Given the close proximity to
the resort corridor and the strong rebound underway in the local economy, BKM
Capital Partners should have no problems stabilizing the asset.”
Garrett Toft |
The property is
located at 4301 and 4325 S. Valley View
Blvd. in Las Vegas, Nevada.
For a complete copy of the company’s news release, please
contact:
Jessamyn J. Miller | Marketing Manager
Voit Real Estate Services
101 Shipyard Way | Newport Beach, CA 92663
T (949) 566-6422 | C (949) 929-7147
Voit Real Estate Services, Broker License #01333376
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