LAS VEGAS – Colliers International – Las Vegas is pleased to announce the successful leasing of Juliet’s ±322,560 SF distribution facility at Blue Diamond Business Center in the southwest submarket. The speculative industrial building was the first new development project located in the southwest submarket to be fully leased prior to completion this cycle. Blue Diamond Business Center is a ±110-acre master-planned business park encompassing over 1.5 million square feet of office/warehouse space. The project is located only ±0.75 miles from the Blue Diamond and I-15 interchange with easy access to McCarran International Airport and the Las Vegas Strip.
Blue Diamond Business Center was leased to five different tenants ranging in size from ±40,320 SF to ±120,000 SF. These new Blue Diamond Business Center tenants will benefit from the close proximity to the Las Vegas Strip, McCarran International Airport and immediate access to California via I-15. The influx of activity at this project, and the overall strong demand for industrial product, has led Juliet Companies to move forward with their next phase of development at Blue Diamond. This next phase will be known as the Blue Diamond Interchange Center. The new project will consist of four buildings ranging in size from ±55,000 square feet to ±190,512 square feet. These new buildings will provide industrial product in a variety of size ranges to meet the increased demand from local and regional companies in the southwest Las Vegas submarket.
Colliers International – Las Vegas’s Doherty Industrial Group was responsible for all of the leasing transactions at Blue Diamond Business Center. The team is led by Dan Doherty, SIOR, Executive Vice President of the industrial division of Colliers International. Dan has been one of the top five producers in the Las Vegas office for the past 14 years. Doherty and his team have brokered over 3.5 million square feet of industrial property over the past year. His industrial team includes: Senior Vice President Paul Sweetland, SIOR, Vice President Chris Lane, CCIM, and Associate Vice President Jerry Doty.
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Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $25 billion of assets under management from the world’s most respected institutional real estate investors.
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For further information, please contact:
Courtney Goffstein, Marketing Manager
Las Vegas, Colliers International