Colliers' Doherty Sweetland Doty (DSD) Industrial Group turned 2025 into a high-volume year, closing 119 industrial transactions that moved roughly 4.3 million square feet across the Las Vegas market. The haul ranged from single-asset sales to a three-building portfolio that sold for $175 million, plus several long-term leases that kept institutional buyers and major users in play. Those results helped the team earn a Phoenix & Southwest Top Broker nod.
ConnectCRE Spotlights DSD's Banner Year
According to Connect CRE, the DSD group brought 119 deals to the closing table in 2025, totaling 4,273,629 square feet. The profile lists team members Dan Doherty, Paul Sweetland and Jerry Doty alongside Morgan Elson, Zach McClenahan and Elizabeth Elliott, and cites those transactions as central to the Top Broker award.
$175 Million Las Vegas Logistics Center Deal
Colliers represented the Las Vegas Logistics Center, a fully leased, three-building portfolio totaling about 1,046,211 square feet, in a sale to NorthPoint Development for $175 million, according to Colliers. The company noted the assets sit near I-15 and Harry Reid International Airport and include tenants such as Amazon, and local reporting described the trade as one of the market’s largest infill industrial transactions of 2025. The Las Vegas Review-Journal confirmed the buyer and price.
Notable Single-Asset Trades and Leases
As Connect CRE reports, the team represented Overton Moore Properties in the $18.4 million sale of an 85,531-square-foot building at 30 Conestoga Way to Joola Pickleball. A listing on LoopNet confirms the building’s 85,531-square-foot footprint and recent build-to-suit specs.
The DSD group also brokered a 10-year, 92,073-square-foot lease at 3131 Polaris to Freeman, a deal flagged by BLT Enterprises on LinkedIn.
What It Means for the Market
Taken together, the transactions highlight persistent investor appetite for infill, well-specified industrial product in Southern Nevada, where yard space and dock-ready buildings remain scarce. Market coverage of the North Las Vegas trade framed the sale as evidence that institutional capital is still active in the region, as reported by CoStar.
For brokers and investors watching Southern Nevada, DSD’s 2025 ledger is a reminder that quality industrial product, from big-box portfolios to modern infill buildings, continues to command attention and capital. The team's Top Broker recognition helps cement Las Vegas's place on the map for industrial dealmaking heading into 2026.
