CREXi Completes $63M Las Vegas Portfolio Auction

CREXi Completes $63M Las Vegas Portfolio Auction

Marina Del Rey, CA-based CREXi concluded the online auction of 11 properties on behalf of Clark County, NV. Bidders in the $63 million total sale included private investors, developers and multiple publicly-traded builders and REITs, with heavy competition continuing...
Clarion Acquires Reno’s Lear Industrial Center for $117M

Clarion Acquires Reno’s Lear Industrial Center for $117M

Clarion Partners LLC has acquired Lear Industrial Center in Reno, NV, for $117 million. The seller, Panattoni Development Company, originally developed the four-building, Class A, multi-tenant business park totaling 1.4 million square feet between 2005 and 2008. The...