DP Partners recently acquired 19.89 acres of improved land in the North Las Vegas industrial corridor it plans to develop as an industrial park. The LogistiCourt at Lincoln, as the development has been labeled, will involve an investment of $37 million.
“Because the infrastructure improvements are complete and the land is pad-ready,” said Bradley J. Myers, partner-Las Vegas for DP Partners, “we plan to develop three speculative buildings totaling 408,750 square feet.”
The facilities, which will be built simultaneously, will be suitable for tenants requiring 15,000 square feet and 50,000 square feet of industrial/office/warehouse space, Myers added. It can also provide facilities up to 210,000 square feet in Building B, a cross-dock facility. Building C will be a 123,750 square-foot, rear-loaded facility.
The LogistiCourt will be located in Clark County at the southwest corner of the Cheyenne Avenue and Lincoln Road intersection within two miles of Interstate Highway 15.