ElmTree Funds Acquires Industrial Property In North Las Vegas, NV For $63.5M

650 East Owens Avenue, North Las Vegas, Nevada 89030, United States

$63,500,000

$432/SF

Building Size

147,000 SF

Asset Type

Industrial

Closing

Sep 12, 2022

AI

The industrial property located at 650 E. Owens Ave in North Las Vegas, NV has been sold for $63,500,000. The property spans 147,000 square feet, resulting in a price per square foot of $432. The transaction took place on September 13, 2022. Doug Roberts captured an image of the property.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $63,500,000
Address: 650 E. Owens Ave, North Las Vegas, NV
Market: North Las Vegas, NV
Image captured by: Doug Roberts
Transaction Date: September 13, 2022
Buyer: ElmTree Funds
Seller: Panattoni Development Co. Inc - Doug Roberts
Tenant: Amazon
Square Footage: 147,000
Price per Square Foot: $432

The buyer of the property is ElmTree Funds, while Panattoni Development Co. Inc represented the seller, Doug Roberts. Additionally, the property is currently occupied by Amazon as a tenant.

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