{"id":1004412919,"date":"2020-04-08T04:41:42","date_gmt":"2020-04-08T12:41:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004412919"},"modified":"2020-04-08T04:41:42","modified_gmt":"2020-04-08T12:41:42","slug":"las-vegas-airport-warehouse-trades-for-16m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/las-vegas-airport-warehouse-trades-for-16m\/","title":{"rendered":"Las Vegas Airport Warehouse Trades for $16M"},"content":{"rendered":"<div id=\"attachment_1004413012\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004413012\" data-attachment-id=\"1004413012\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/las-vegas-airport-warehouse-trades-for-16m\/1856-e-pama-lane-image-via-google-maps\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1586351007&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1856 E. Pama Lane. Image via Google Maps\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1856 E. Pama Lane. &lt;i&gt;Image via Google Maps&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg?w=800\" class=\"wp-image-1004413012 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/1856-E.-Pama-Lane.-Image-via-Google-Maps.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004413012\" class=\"wp-caption-text\">1856 E. Pama Lane. <i>Image via Google Maps<\/i><\/p><\/div>\n<p>BKM Capital Partners has sold a 17,047-square-foot warehouse near McCarran International Airport in Las Vegas to a private investor for $16 million, according to public records. The buyer received acquisition financing from the previous owner.<\/p>\n<p>The property, located within the Spencer Airport Center at 1856 E. Pama Lane, comprises the eastern half of a larger, 31,231-square-foot structure. The building has a single dock-high loading door and a drive-in door. BKM remains the owner of the western component and the industrial park\u2019s six other buildings.<\/p>\n<p>Las Vegas\u2019 industrial market had been making steady gains toward the end of 2019, as the city grew in importance as a regional distribution hub. Industrial developers <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-las-vegas-industrial-completions-of-2019\/\">added close to 5 million square feet<\/a> of new product to the metro last year, accounting for more than 6 percent of the market\u2019s inventory.<\/p>\n<p>While Las Vegas has been hard hit by the novel coronavirus, its presence as a regional industrial player could soften the overall blow on Sin City\u2019s economy. Demand from many industrial users\u2014particularly e-commerce tenants\u2014is likely to remain strong, as consumer behavior continues to shift <a href=\"https:\/\/www.commercialsearch.com\/news\/bracing-for-a-wave-of-missed-retail-rents\/\">away from brick-and-mortar retail<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seller BKM Capital Partners provided the new owner with financing for the 17,000-square-foot industrial asset.<\/p>\n","protected":false},"author":861,"featured_media":1004413012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1593,21742,15],"tags":[33648],"class_list":["post-1004412919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-las-vegas","category-latest","category-west","tag-bkm-capital-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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