Dalfen Industrial acquires Las Vegs industrial property

Dalfen Industrial announced that it acquired an industrial property in Las Vegas’ top-performing southwest submarket. This deal was sourced off-market, and the transaction was facilitated by Colliers.

West AB Business Center is a 43,600-square-foot facility with immediate access to the Las Vegas Strip, Interstate 15 and I-215 freeways, and Harry Reid International Airport. Notable tenants in the area include FedEx, Sunbelt Rentals and a variety of Strip-oriented service businesses.

“Strong demand drivers in Las Vegas coupled with limited competitive supply in the area make this acquisition a great addition to our Las Vegas portfolio,” said John Endres, market lead for Las Vegas at Dalfen Industrial. “We are seeing robust demand for functional industrial products under 50,000 square feet in our local portfolio and across the country. This building is very well located and is perfectly configured to meet that demand.”