Invesco Real Estate and TA Realty Advisors have separately acquired a 10-building industrial portfolio in Las Vegas for $117 million from a private family trust in two separate transactions. The deal shows the strength of the Las Vegas industrial market.

Invesco purchased four of the trust's buildings totaling 651,210 square feet in North Las Vegas. TA Realty Advisors purchased the additional six buildings in the portfolio, which total 350,000 square feet and is based in Southwest Las Vegas.

Colliers International capital markets executive managing director Michael Kendall and associate Gian Carlo Bruno in Irvine partners with Spencer Pinter, Dan Doherty, Paul Sweetlands, Chris Lane and Jerry Doty of Las Vegas on this deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Las Vegas
Industrial
Capital Markets