NAI Vegas Represented Seller of 42,000 SF Industrial Property
Leslie Houston with the Larkin Industrial Group at NAI Vegas did a fantastic job with our operational real estate by accommodating multiple stakeholders with various goals. Our lease renewal was satisfied while simultaneously disposing of a facility that was no longer useful. Thanks, Leslie and team, the sale provided funds for an upgraded corporate HQ.
NAI Vegas represented the seller of a 42,000 SF industrial property on 2.16 acres for $10,710,000 in the southwest industrial market of Las Vegas. Seller Gregg Benson, CFO of Origin Acoustics, said this about working with The Larkin Industrial Group at NAI. “Leslie Houston with the Larkin Industrial Group at NAI Vegas did a fantastic job with our operational real estate by accommodating multiple stakeholders with various goals. Our lease renewal was satisfied while simultaneously disposing of a facility that was no longer useful. Thanks, Leslie and team, the sale provided funds for an upgraded corporate HQ. The partners are very pleased.” ATI Windows purchased 4750 W Sunset Rd., a newly constructed shell facility, for buildout and occupancy.
PROPERTY HIGHLIGHTS
• High image Sunset Road frontage
• Prime southwest submarket
• Rare freestanding building
SALE HIGHLIGHTS
• Disposition of underutilized operational CRE
• Competing offers from mass marketing
• End-user selected for maximum value
Eric Larkin
Mr. Larkin joined NAI Vegas in 2013 with 7 years of experience coming from a regional brokerage firm specializing in representing institution landlords, REITs, insurance companies, lenders, receivers, and developers. Mr. Larkin’s extensive knowledge and understanding of investment analysis, property valuations, and lease negotiations has resulted in the completion of over 100 million dollars in transactions including leases, REO and distressed debt sales, trustee sales, and short sales.
Leslie Houston
Originally from Kansas City, Missouri, Leslie moved to Las Vegas in 2018 and began her journey to become a real estate professional. Over the last few years, Leslie has helped sell over 150 million worth of real estate. She quickly found her niche within NAI Vegas and it was apparent she was on a fast track to a successful real estate career, which is a direct reflection of motivation, hard work, and a competitive edge. Leslie is a member of CREW, CCIM, and NAIOP, actively serving on each of the organization’s community service committees. When not trying to conquer the commercial real estate world, you will generally find Leslie watching or playing a sport of any kind.
Michael Kenny
Michael has worked at NAI since 2015 specializing in the sale and leasing of industrial properties with a primary focus on tenant representation. During this time at NAI, he has been honored as Rookie of the Year and has been recognized as a consistent Top Producer. Over the past several years, along with his partner Eric Larkin, has been responsible for negotiating over 350 million in commercial real estate transactions totaling several million square feet.
About NAI Vegas and NAI Excel
NAI Excel and NAI Vegas are leading providers of Commercial Real Estate Services in the West. Operating as NAI Vegas in Nevada, and NAI Excel in Utah and Idaho, we are part of the NAI Global network covering nearly every major market nationally and across the globe. Serving both urban and rural markets, we leverage our resources to help you excel in your real estate goals. When you work with one of our team, you get the benefit of working with all of us.