Cushman & Wakefield advises sale of 441,569 SF Class A industrial park in Las Vegas

New Safari Business Park landlord retains Cushman & Wakefield for Project Leasing

Cushman & Wakefield announced today the firm has represented Prologis, Inc., the global leader in logistics real estate, in the acquisition of the Safari Business Park, a 441,569-square-foot industrial park in Las Vegas, Nevada. The asset consists of five multi-tenant buildings located at 7650-7850 Dean Martin Dr, positioned at the Interstate 15 and Blue Diamond Rd interchange. The seller was Black Bongo, LP.

Greg Tassi, SIOR, Donna Alderson and Nick Abraham with Cushman & Wakefield in Las Vegas represented the buyer in the acquisition. The firm was also retained for Project Leasing, an effort being led by Tassi and Abraham together with Mathias Hughes and Lisa Brady of Prologis.

The park was approximately 82% leased at the time of sale, with available leasable suites currently ranging in size from ±10,280 square feet to ±15,303 square feet. Each suite features multiple dock loading doors and one grade door. The property can accommodate a multitude of industrial uses including e-commerce and logistics.

Safari Business Park features a total of 92 dock high loading doors, 4 grade level loading doors, 24-foot minimum clear heigh, ESFR fire sprinkler system, and recessed storefront entries with accents.

Conveniently located in the southwest industrial submarket at the Blue Diamond Road/I-15 interchange, the location is adjacent to a significant amount of existing/future industrial developments with convenient access to McCarran International Airport, Allegiant Stadium and the Las Vegas Strip. It is also surrounded by many corporate neighbors.