Cliff Booth Of Westmount Realty Capital Acquires Lillard Drive Industrial Portfolio For $88.5M

The Lillard Drive Industrial portfolio, located at 350, 360 & 450 Lillard Drive in Sparks, NV, consists of three buildings totaling 809,138 square feet. The property was sold for $88,500,000, resulting in a price per square foot of $109.38.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $88,500,000
• Buyer: Cliff Booth - Westmount Realty Capital
• Seller: Sean Dalfen - Dalfen Industrial
• Square Footage: 809,138
• Price per Square Foot: $109.38
• Market: Sparks, NV

Cliff Booth represented Westmount Realty Capital in this transaction, while Sean Dalfen represented Dalfen Industrial. The properties were acquired by Dalfen Industrial in 2016 for $55.3 million prior to their recent sale.