Commercial real estate news releases from Avison Young

Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.

Avison Young announces $13.5 million sale of 18.93 acres in Las Vegas

Avison Young announces $13.5 million sale of 18.93 acres in Las Vegas 2 mai 2023

Land will be developed as West Coast HQ for Alton Industries

Las Vegas, NV – Avison Young announced today the $13.6 million sale of an 18.93-acre land parcel located on Whitney Mesa Drive near Sunset Boulevard and Mountain Vista Street in Henderson, NV. The sale was a land assemblage totaling three parcels. 

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, Alton Industries.

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 200,000-square-foot facility for use as its West Coast headquarters. 

“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. 

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.

www.avisonyoung.com

For more information:

Media Contact: 
Darcie Giacchetto, Media Relations Specialist – Southwest: +1.949.278.6224