(To read more on the industrial market, click here.)

LAS VEGAS-CIP Real Estate and Buchanan Street Partners have expanded a development opportunity within Hughes Airport Center by acquiring two parcels contiguous to its existing parcel. The joint venture paid $6.5 million for a 39,995-sf office/flex building on 2.32 acres and an adjacent 1.79-acre land parcel. The seller was Las Vegas-based Windrock Enterprises LLC.

The properties total 4.11 acres and are located on the northeast corner of Bermuda Road and Pamalyne Avenue (6770 Bermuda Rd.) within Hughes Airport Center. The property sits adjacent to a 4.22-acre parcel already owned by the partnership.

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