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National  + Nevada  + Industrial  | 

Colony Industrial Acquires Las Vegas Industrial Portfolio

Los Angeles-based Colony Industrial acquired a two-building warehouse portfolio at Henderson Freeways Crossing in the Henderson submarket of Las Vegas. The project was developed by Panattoni.

The Class A light industrial buildings are located at 8385 and 8390 Eastgate Rd. These recently constructed buildings total 363,450 square feet, and are 45% leased to five tenants.

Colony NorthStar’s Lew Friedland says, “Las Vegas has the investment attributes we like – good growth, with low vacancies and strong demand for well-located, “last mile” warehouse space. This latest addition to our Las Vegas portfolio is strategically located near major roadways and near leading national and international corporations, and will help us achieve critical mass in this market.”

Colony Industrial, the industrial platform of Colony NorthStar, has completed three acquisitions in Las Vegas over the last year.

CBRE’s Kevin Higgins was the real estate broker on the transaction.

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Inside The Story

Connect With Colony Industrial’s FriedlandConnect With CBRE's Higgins 

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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