Doug Roberts, partner for the Nevada division of Panattoni Development Company, announced today the company recently finalized the sale of a 30,467-square-foot office and warehouse facility to The Trust of Antonio Quan Chan and Estrellita Lua Chan.
The property is located at 1545 Pama Lane in Las Vegas. The total value of the transaction was $3,429,000. Pat Marsh and Grant Traub of Colliers International – Las Vegas represented the seller, Panattoni Development Company. Steve Sauter of Marcus & Millichap represented the buyer, The Trust of Antonio Quan Chan and Estrellita Lua Chan. The sale closed on Dec. 27, 2012.
Panattoni Development Company (PDC) is a privately held, full-service development company founded in 1986 by Carl Panattoni. During the last five years, the firm has averaged nearly 10 million square feet of development annually, one of the most active records in the nation. PDC has developed and managed industrial, office and retail facilities in more than 100 markets throughout the United States. The firm is headquartered in Sacramento, Calif., and maintains more than 16 regional offices across the country. For more information about Panattoni Development Company, visit the company website at www.panattoni.com.