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Nicola Wealth Real Estate grows Las Vegas Portfolio with another industrial acquisition [Canadian Business Journal (Canada)]

Jones Lang LaSalle Incorporated (JLL) 
Last jones lang lasalle incorporated earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jll.com
Las Vegas, NV, June 29, 2022 (GLOBE NEWSWIRE) — Nicola Wealth Real Estate (NWRE) has acquired 3814 Donna Street, located in Las Vegas, Nevada, just minutes from the I-15 and Las Vegas Boulevard.  This transaction, brokered by Chris Beets of System CRE Las Vegas and Rob Lujan of JLL, expands NWRE’s presence to nine properties in this market.This 9.14-acre site is situated in an established industrial node known as the North Las Vegas submarket and includes structures comprising 19,148 sf and ample yard space supporting the current use as an Industrial Outside Storage (“IOS”) facility.  The property provides the option to lease as an infill IOS facility or future redevelopment for a modern industrial distribution building.“We are excited to add 3814 Donna Street to our Vegas Portfolio,” highlights Matthew Schaeffers, Director of Acquisitions at Nicola Wealth Real Estate.  “Infill low site coverage IOS facilities are scarce in a low vacancy market such as Las Vegas.”“Given the property’s Show less Read more
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