CapRock Partners to Develop Three-Building, 230,262 SF Industrial Park in Southwest Las Vegas
LAS VEGAS — CapRock Partners has completed the acquisition of a 12.9-acre parcel at the junction of South Riley Street and West Hacienda Avenue in Southwest Las Vegas. Additionally, the company has successfully petitioned to rezone of the site to allow for the development of a three-building industrial park.
The speculative industrial park will include:
- A 132,450-square-foot facility with 28-foot clear heights, five grade-level doors and 26 dock-high doors
- A 75,836-square-foot building with 24-foot clear heights, five grade-level doors and 22 dock-high doors
- A 21,976-square-foot property with 24-foot clear heights, one grade-level door and two dock-high doors
The industrial park will also feature a 180-foot shared truck court, more than 200 parking spaces and ESFR sprinklers. Each building is also divisible down to approximately 10,000-square-foot units.
Constructed is slated to begin in early summer, with completion scheduled for early spring 2022. The project team includes Lee & Sakahara as architect, Fulcrum Construction as general contractor and Kimley Horn as civil engineer.
Brendan Keating and Amy Ogden of Logic Commercial Real Estate represented the undisclosed seller, while Rob Lujan, Xavier Wasiak and Jason Simon of JLL represented CapRock in the land acquisition. Additionally, JLL is overseeing leasing of the property.