At the height of the pandemic, industrial real estate was at a premium. With everyone everywhere buying everything online, warehouses, distribution systems and logistics centers were in high demand. So was land zoned for industrial use and infill spaces that could be converted. Simultaneously, the demand for office space reduced as remote work replaced commuting to the office. … [Read more...] about Shifting Supply and Demand
Rockefeller Group
Rockefeller Group Acquires 6-Acre Parcel In Clark County, Nev. For $4.26 Million; Will Develop 134,100 SF Distribution Center
Rockefeller Group, the U.S. real estate developer, owner and operator, announced today that it has purchased a 6-acre parcel in the North Las Vegas industrial submarket for $4.26 million. The company will develop Nellis Logistics Center, a 134,100-square-foot speculative distribution facility on the property, which is located at the southwest corner of North Nellis Boulevard … [Read more...] about Rockefeller Group Acquires 6-Acre Parcel In Clark County, Nev. For $4.26 Million; Will Develop 134,100 SF Distribution Center