NAI Vegas Sells ±109 Acres of Industrial Land
North Las Vegas, NV (August 12, 2022) – NAI Vegas is pleased to announce the sale of ±109.51 acres right off Interstate 15 and Pabco Road in North Las Vegas. The property sold for $4,000,000.
Erik Sexton and Camila Rosales of the Sexton Group, and Erik Larkin of Larkin Industrial Group, represented the seller in the transaction.
The subject property encompasses approximately 75 usable acres, is zoned M-2, Industrial, with I-15 frontage and includes a private Union Pacific rail spur.
“Every deal is a learning experience with its own set of challenges,” stated Sexton, “We put together a targeted marketing campaign around the rail access and generated multiple competing offers that pushed the closing price well above the list price.”
The buyer has not disclosed what they plan to do with the site.
Eric Sexton
Erik Sexton joined NAI Vegas in 2017 as a Senior Vice President and Industrial Specialist. He has more than 14 years experience in the leasing and sales of industrial and office spaces. During his real estate career, Mr. Sexton has represented a diverse segment of location and national companies that include Genesis Gaming, SME Steel, Ice Now, High Impact Signs, Next Century Rebar, JAMO Performance Exhaust, Chicago Exhibit Productions, Coca Cola, and 99 Cent Stores Only.. As a licensed agent, he has brokered more than 1.8 million square feet of commercial space totaling more than $335.7 million.
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.
Camila Rosales
Camila began her real estate career in property management before moving over to Commercial Sales and Leasing prior to joining NAI Vegas. Camila is a go-getter who specializes in assisting her clients analyze current investment properties and to increase portfolio opportunities. She graduated from the University of Nevada, Las Vegas with a Bachelor’s of Science in Business Administration making her the perfect addition to NAI Vegas and the investment team.
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.