CBRE Arranges Sale of Six-Building Henderson, Nevada Portfolio
The Henderson, Nevada Green Valley Corporate Center, a six-building real estate office portfolio totaling 347,015 square feet, sold for $114.5 million. Kingsbarn Realty Capital purchased the properties from JMA Ventures and Blue Vista Capital Management. The transaction is the largest office portfolio sale in Henderson this year. CBRE’s Tyler Ecklund, James Griffis, Brad Peterson, Darren Lemmon and Justin Witt represented the seller in the transaction.
“This Green Valley Corporate Center portfolio is part of a larger office portfolio adjacent to the I-215 beltway,” said Ecklund. “With the purchase of these six properties, new ownership has secured a significant presence within the master-planned community of Green Valley, an established submarket that is well sought after by tenants.”
Green Valley Corporate Center is located near the intersection of Interstate 215 and St. Rose Parkway, near Green Valley Ranch Resort Spa and Casino, Bath & Body Works and Shake Shack. The property was 94 percent occupied at the time of the sale.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.