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| Planned Silver State Commerce Center to be located off Alexander Road and North 5th Street in North Las Vegas, NV |
Las
Vegas, NV - Seefried Industrial Properties and Clarion Partners, LLC have
acquired a 150-acre land site that paves the way for Silver State Commerce
Center, a multi-phase distribution complex that when complete, will
incorporate approximately 2,588,801 square feet of office and warehouse space.
Located
off Alexander Road and North 5th Street, the first phase of
development will include buildings consisting of 367,600 square feet, 291,564
square feet and 174,615 square feet, respectively.
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| Scott Irwin |
“We
are pleased to have closed on one of the largest remaining developable sites in
the City of North Las Vegas," says Scott Irwin, SVP for
Seefried.
"The site has excellent access and
infrastructure, and coupled with its close proximity to downtown Las Vegas, we are very
optimistic about the long-term success of the project.
"The
Las Vegas market continues to experience strong user demand and net absorption;
we expect this trend to continue for the foreseeable future'
"This is Seefried’s first acquisition in the Las Vegas market and we plan to grow our presence in this market.”
"This is Seefried’s first acquisition in the Las Vegas market and we plan to grow our presence in this market.”
Robert
Jacob Architect
will be the architect and Taney Engineering will be the civil engineer for the
first phase of this project.
Phase
1 of 3 for Silver State Commerce Center is scheduled for shell completion
during the third quarter of 2020.
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| Ferdinand Seefried |
About
Seefried Properties:
Seefried
Properties was founded in 1984 by Ferdinand Seefried and is still 100
percent privately owned today. The firm focuses on industrial development
in core markets and build-to-suits with corporate tenants and users in first
and second-tier markets.
Seefried's
development, construction, leasing, property management and accounting teams
firmly believe that client relationships are solidly built on trust and further
developed by each individual experience.
Seefried
is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth,
Chicago and Phoenix. Seefried Properties has built over $6 Billion
in development volume in 25+ markets across the U.S.
CONTACTS:
Scott
Irwin
Senior
Vice President – Southern California
Seefried
Industrial Properties
+1
562 484 8761
Barb
Bennett
Marketing
Coordinator
Seefried
Industrial Properties, Inc.
3333
Riverwood Parkway SE, Suite 200
Atlanta,
Georgia 30339
Office: (770)
702-8207
Mobile:
(520) 661-9641
E-mail: bbennett@seefriedproperties.com
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