Marnell Properties Taps Colliers International to Represent the Marnell Airport Center and Marnell Air Cargo Center

JOC Staff |
LAS VEGAS – September 28, 2010 – Marnell Properties has appointed Colliers International as its exclusive leasing agent as it moves forward with its plans for the Marnell Airport Center and Marnell Air Cargo Center. Colliers will be responsible for enhancing the presence and exposure for both flagship projects adjacent to McCarran International Airport.

“The Colliers International team understands our portfolio and is best equipped to handle a project of this size and caliber,” said David Simard, Senior Vice President of Marnell Properties. “We’re confident the new leasing team will actively and aggressively pursue prospective tenants.”

Suzette La Grange, Senior Vice President at Colliers International will lead the leasing efforts. With extensive experience in both office and industrial developments, La Grange has been involved in lease transactions totaling more than seven million square feet.

La Grange says the two projects’ attributes provide a great foundation for attracting new tenants. Nearly 81,000 square feet has been constructed and leased in the Marnell Airport Center. The master planned airport development sits on approximately 14 acres adjacent to McCarran International Airport. The first of three 81,000 square foot three-story office buildings is complete. The Center will also have a 10,000 square foot single-story office building. All buildings offer build-to-suit potential for tenants who require unique building features.

“This distinctive project is minutes from the Las Vegas Strip; allows for easy accessibility to major connectors; and is walking distance to McCarran Marketplace master-planned retail and commercial center,” said La Grange. “It’s an ideal location next to one of the busiest airports in the nation.”

In addition to the Marnell Airport Center, Colliers will also handle leasing of the Marnell Air Cargo Center, which is slated for completion in October 2010, and will be home to on-tarmac air cargo operations for notable tenants such as FedEx and Southwest Airlines among others. The project features two buildings totaling more than 200,000 square feet.

About Colliers
Colliers International is a global leader in real estate services with more than 15,000 professionals operating out of 480 offices in 61 countries. As a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), Colliers offers the stability of a strong financial partner and significant local ownership providing clients with accountability and enterprising real estate solutions. Colliers provides a full range of services to real estate users, owners and investors worldwide including: global corporate solutions; sales and lease brokerage; property and asset management; project management; hotel investment sales and consulting; property valuation and appraisal services; mortgage banking and insightful research. The Lipsey Company and National Real Estate Investor magazine ranked Colliers International as the world’s number two commercial real estate brand.


About Marnell Properties
Marnell Properties is a real estate development company that focuses on acquisition, development and management of commercial, revenue-producing real estate holdings and long-term portfolios. The company specializes in acquiring sites in high-impact areas and bringing to the commercial real estate market quality, location and lifestyle in all its development projects. A division of Marnell Companies, a leading consulting, architectural, design and construction firm, Marnell Properties is located at 222 Via Marnell Way, Las Vegas, Nevada 89119. For more information, visit www.marnellproperties.com.