GID Investment Advisors Acquires Industrial Asset From Blackstone For $27.3 Million In North Las Vegas

The property asset involved in this transaction is an industrial facility located at 1220 Trade Drive in North Las Vegas, NV, spanning a total area of 155,387 square feet. The transaction was completed for a price of $27,300,000.00.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,300,000.00
• Buyer: GID Investment Advisors
• Seller: Blackstone
• Transaction Date: 02/25/2025
• Market: North Las Vegas, NV
• Units: 155,387

GID Investment Advisors acted as the buyer in this transaction, acquiring the property from the seller, Blackstone. The sale brings together two significant entities in the real estate investment sector.