Link Logistics has acquired Skyline Industrial Portfolio, which consists of six industrial buildings totaling 350,712 square-feet across 18.41 acres in the Southwest submarket of Las Vegas, for approximately $80,000,000. The portfolio is is 100% leased to 14 tenants and institutionally managed.
With over 1,000 employees throughout the U.S., Link Logistics is an institutional industrial real estate company that owns 545 million square-feet of logistics real estate.
“The Las Vegas industrial market continues to boast solid fundamentals and strong demand,” said J.R. Cisneros, Vice President of Investments for the Las Vegas market at Link Logistics. “The addition of these functional buildings with attractive specifications for tenants is very exciting for us as we continue to execute our market investment strategy of adding high-quality infill properties to our Las Vegas footprint.”
Colliers’ Western Region Industrial Capital Markets Group, comprised of Michael Kendall, Gian Bruno, and Kenny Patricia, partnered with Colliers’ Las Vegas market experts Dan Doherty, Paul Sweetland, Chris Lane, and Jerry Doty in marketing the portfolio. Colliers exclusively sold the portfolio on behalf of the private seller.