Panattoni Acquires Two Industrial Buildings in Las Vegas
Deal News | Apr 25, 2025 | Panattoni Development Co LLC
Panattoni Development Co. LLC has acquired two industrial buildings located on a 7.2-acre site in southwest Las Vegas. This purchase marks a strategic expansion of its industrial property portfolio in this key market. The acquisition is part of Panattoni's ongoing efforts to enhance its footprint in high-demand locations across the United States, reflecting the growing investor interest in the industrial real estate sector. The details of the transaction, including the purchase price and any future plans for the properties, were not disclosed.
Sectors
- Industrial Real Estate
- Property Development
Geography
- United States – The transaction took place in Las Vegas, which is located in the United States.
- Las Vegas – The specific location of the industrial buildings is in southwest Las Vegas.
Industry
- Industrial Real Estate – The article is centered around the acquisition of industrial buildings, indicating activity in the Industrial Real Estate sector.
- Property Development – Panattoni Development Co. is involved in property development, as evidenced by its acquisition of real estate properties.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Panattoni Development Co. LLC | Buyer | Company | Panattoni Development Co. is a real estate development company specializing in industrial properties. |