LBA Logistics has paid $27.85 million, or $153.36/sf, for the 181,600 square-foot industrial property at 1095 Spice Island Drive in Sparks, Nev. The Irvine, Calif., investment manager purchased the property from an unnamed seller in a deal brokered by NAI Alliance. It was built in 1989 on a 4.25-acre site that’s seven miles east of […]

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