An Atlanta real estate firm has purchased two industrial buildings near Nellis Air Force Base for more than $90 million.
MDH Partners announced Monday that it acquired two multi-tenant properties in the northeast Las Vegas Valley that span more than 500,000 square feet combined.
The firm said the deal marks its entry into Nevada.
MDH vice president James Hwang said in a news release that the buildings, at Cheyenne Avenue and Marion Drive, in Sunrise Industrial Park, are well-located and have a diversified mix of tenants.
The new landlord did not announce its purchase price. But property records show that MDH bought the buildings for $94 million total.
The sale closed last month.
MDH says it owns or manages around 35 million square feet of real estate in 18 states. Last year alone, it acquired more than 9 million square feet of industrial space.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.
