California Investor Acquires Cartier Industrial Center In Las Vegas For $17.34M

The transaction involves the off-market acquisition of the Cartier Industrial Center located at 2635 North Lamb Boulevard, Las Vegas, NV. The property is categorized as industrial, encompassing a total area of 74,700 square feet and transacted at a price of $17,340,000, which equates to a price per square foot of $232.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,340,000
• Sale Date: 12/16/2024
• Address: 2635 North Lamb Boulevard
• Market: Las Vegas, NV
• Square Footage: 74,700
• Price per Square Foot: $232
• Brokers: Chris Lexis, James Griffis & Joe Leavitt - Avison Young
• Buyer: California-based private investor

The brokerage firm Avison Young facilitated this transaction, representing the California-based private investor, who acquired the property through an off-market deal. This highlights the involvement of key personnel in completing the acquisition successfully.