Acquisition.
The Larkin Industrial Group of NAI Vegas represented the buyer, MBS Standoffs in the acquisition of the Henderson Freeway Crossings, Building C in Henderson Nevada. This Single Tenant Shell Building has 19,280 square feet and was purchased for $2,506,400.
The Larkin Group was able to ensure that the buyer’s 1031 exchange requirements were met for an all cash transaction. MBS Standoffs will operate their West Coast distribution center from this new Henderson Location.
“The NAI Vegas Industrial Group found an amazing opportunity for MBS-Standoffs.com in Southern Nevada. Through a tax deferred 1031 exchange, the company was able to purchase a Henderson facility at an extremely low-cost basis. We are excited about a great real estate decision for our new west coast distribution Hub.” Stated Jean-Phillippe Merminod, Owner of MBS-Standoffs.com.
“Inventory and rising prices are a challenge in the industrial market today. End users, such as MBS-Standoffs.com, are having a difficult time identifying office/warehouse properties to purchase. We’re working with several companies that could easily double in size, but they cannot locate a property to purchase.” – Phillip Keuch of the Larkin Industrial Group at NAI Vegas.
NAI Vegas | Las Vegas Industrial Group
The Larkin Group at NAI Vegas are professional industrial investment advisors with experience in buying, selling, leasing, tenant representation and management in addition to site acquisition, new construction, and property management procurement.