Ogron Properties recently sold a 100,000-square-foot industrial hybrid building in North Las Vegas for $16.85 million. The property, which consists of 70% industrial space and 30% office space, was purchased by a tenants-in-common 1031 exchange buyer.
Located at the intersection of E. Craig Rd. and Bruce St., this high-growth trade area offers easy access to the I-15 Freeway via Craig Rd Interchange and is also conveniently located near the CC215 Beltway.
Andrey Mindirgasov from Colliers led the team that facilitated this successful transaction through a 1031 exchange process on behalf of Ogron Properties as they continue to develop retail properties in the surrounding area.
This recent sale highlights strong demand for commercial real estate in North Las Vegas as well as its strategic location with convenient access to major highways for transportation purposes.
