The Firm’s Multi-Market Industrial Experts Partnered to Execute the Sale of Matter Park’s Phase 1
Las Vegas, NV., February 3, 2023 – Colliers announced the sale of two buildings (Phase I) within the 300,754 square-foot, four-building industrial development, Matter Park at West Henderson. Buildings 3 and 4, located at 1379 and 1387 Raiders Way, Henderson, NV 89052, account for 237,630 square feet of the park’s entirety.
Colliers’ Western Region Industrial Capital Markets Group, comprised of Michael Kendall, Gian Bruno, and Kenny Patricia, partnered with Colliers’ Las Vegas market experts Dan Doherty, Paul Sweetland, Chris Lane, and Jerry Doty in marketing the property. Kendall exclusively listed the property and brokered the sale on behalf of the seller, Matter Gateway Corporate Center, LLC. Colliers’ Southern California-based industrial experts Scott Heaton and Matthew Erickson represented the buyer, PER Partners Limited, LP, who acquired the two buildings for an undisclosed figure.
“As one of the preeminent developers in Southern Nevada, Matter built a best-in-class industrial park that leased up in record time,” says Kendall. “The buyer views this project as irreplaceable real estate in the best submarket in Las Vegas that will only get more valuable with time.”
Positioned in one of the highest-performing industrial submarkets, with the closest connections to Southern California, the park benefits from the burgeoning Las Vegas economy and the strong industrial market conditions in both the Henderson and West Henderson submarkets.
“After an extensive search for industrial properties in the Western United States, PER Partners decided on the Matter Park Phase I project to complete their 1031 exchange and acquire a Class-A generational industrial asset,” said Erickson. “We are thrilled with the successful outcome we achieved for all involved.”
About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
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Ashley Jeanes
PR & Communications Specialist
U.S. Southwest Region
Ashley.Jeanes@colliers.com
