NAI NBS' Fuller, Bartocci Represent Landlord in 9K SF Lease at 200 Grand, Vancouver

International Air Academy (IAA) has leased 9,026 sf at 200 Grand Avenue and will move into the space June 1. NAI Norris, Beggs & Simpson Vice President Tamara Fuller and Senior Salesperson Doug Bartocci represented the landlord, JH Kelly LLC.

“200 Grand offers an excellent location for International Air Academy, given the easy access to and from Hwy 14 and the retail amenities adjacent to this site,” Fuller said.

The overall 200 Grand site comprises approximately 5.4 acres and is immediately adjacent to the popular Grand Central retail development off of Highway 14. JH Kelly LLC is collaborating with Grand Central developer Killian Pacific on the commercial and potential retail development of the remaining 200 Grand acreage.

200 Grand, which was built in 1996, also currently houses Westmar (now Worley Parsons) Engineering and Occuscreen LLC. Upon occupancy by IAA, the building will have about 5,000 sf available.

Precise Buys Vancouver Industrial Building for $4.225M

Precise, a local precision grinding company with about 20 employees, has purchased the 64,400 sf industrial building at 5600 NE 121st Ave. for $4.225 million.

NAI Norris, Beggs & Simpson Senior Salesperson Garret Harper represented the buyer. The seller was Elixir Industries Inc., based in California, which manufactures aluminum extrusions and other metal fabrications.

Though the building was never on the market, Elixir was planning on closing its Vancouver facility, and Precise owner Rick Jones was looking for some expansion space. Precise will move to the building in May and use the majority of the space, while subleasing out roughly 25,000 sf.

5600 NE 121st, which is in the Orchards area, was built in the mid-‘90s and is a larger building for the Vancouver market, Harper said.

"It is great to see a local company making a significant investment and believing in its long-term growth here in Clark County," Harper said.