New York Real Estate Journal

GFI Realty Services arrange $25 million sale of a 154,000 s/f newly constructed warehouse/distribution asset

March 22, 2022 - Outside The Region

Henderson, NV GFI Realty Services, LLC announced that it has closed on the $25 million sale of a 154,481 s/f newly constructed warehouse/distribution asset located at the intersection of East Bruner Ave. and Amigo St. The GFI team of Joshua Peck and Susan Annis represented the buyer, Invesco Real Estate. The seller is Brass Cap.   

The newly constructed facility is well situated in a market where the industrial sector is trending toward growth in 2022.

“With the continued job creation and expanding demographics in the Las Vegas MSA, Henderson is the ideal area to facilitate the expansion of the industrial needs of this market,” said Peck. 

“The Las Vegas industrial market is seeking to attract more business with its favorable location, being within a day’s drive to Southern California and portions of Arizona,” said Annis.? “It is very exciting to be part of this major West Coast logistics hub.”

Invesco Ltd, is an Atlanta based investment management company with branch offices in twenty countries.  

Brass Cap Development was founded in 2015 when four partners identified a growing need for industrial space in the Las Vegas Valley.