Intersection Equities, in partnership with Sundance Bay, has acquired Valley View Industrial, a 48,304-square-foot multi-tenant flex industrial facility in Southwest Las Vegas. The property at 5325 S. Valley View Blvd. sold for $8.75 million ($181 per square foot), strengthening Intersection’s commitment to the shallow-bay industrial sector.
Strategic Investment in a High-Growth Market
This marks Intersection’s seventh industrial investment and fourth in Las Vegas, reinforcing its focus on well-located properties with strong fundamentals. Valley View Industrial spans 1.9 acres and offers nine warehouse/office units ranging from 1,000 to 28,000 square feet. The property features:
- 14’ to 18’ clear heights
- 11 grade-level doors
- High-visibility hard-corner location with strong daily traffic
Growing Demand for Las Vegas Industrial Space
“The demand for shallow-bay industrial properties in Las Vegas keeps rising due to population growth, strong tenant demand, and a limited supply of new developments,” said Anton Myskiw, Associate at Intersection. “This acquisition aligns with our strategy to invest in prime locations with value-add potential.”
Rocco Cortese, CEO of Intersection, added, “Our investment in Valley View Industrial reflects our commitment to enhancing industrial properties in dynamic markets. Through strategic upgrades and hands-on asset management, we aim to drive long-term value for investors and tenants.”
Prime Location with Excellent Connectivity
Valley View Industrial sits near Highway 15 and Highway 593, offering quick access to the Las Vegas Strip and major transportation routes. Given the scarcity of similar industrial properties, the facility is expected to attract a wide range of tenants, including warehousing, manufacturing, and logistics businesses.
Planned Upgrades & Value-Add Strategy
Intersection Equities plans key property enhancements to elevate Valley View Industrial to an institutional-quality asset. Planned improvements include:
- Façade upgrades to modernize the exterior
- New exterior paint for a fresh, updated look
- Parking lot seal and stripe enhancements to boost curb appeal and long-term value
Transaction Details
Erik Sexton and Camila Rosales of NAI Excel represented the buyer in the transaction. The seller, Sanders Wyoming Trust, participated in the negotiations.