[New post] Intercontinental Pays $81Mln for Las Vegas-Area Distribution Facility

Dan Moynihan posted: "Intercontinental Real Estate Corp. has paid $81 million, or $551/sf, for 11500 Bermuda Road, a 147,000-square-foot distribution facility in the Las Vegas suburb of Henderson, Nev. The Boston investment manager bought the property, near interstates 15 a" New post on Commercial Real Estate Direct Intercontinental Pays $81Mln for Las Vegas-Area Distribution Facility by Dan Moynihan Intercontinental Real Estate Corp. has paid $81 million, or $551/sf, for 11500 Bermuda Road, a 147,000-square-foot distribution facility in the Las Vegas suburb of Henderson, Nev. The Boston investment manager bought the property, near interstates 15 and 215 and U.S. Route 95, from its developer, Panattoni Development Co., which recently had completed it. The property, […] Read more of this post Dan Moynihan | November 3, 2021 at 10:44 am | Categories: General News | URL: https://wp.me/pcdE10-2jll Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/11/03/intercontinental-pays-81mln-for-las-vegas-area-distribution-facility/