Thursday, August 22, 2024

Canadian developer Beedie breaks ground on new, 111,704 SF class “A” industrial condo project in North Las Vegas, NV

Ryan Beedie

LAS VEGAS, NV  Beedie, one of Canada’s leading industrial developers, has commenced construction on Lincoln by Beedie, marking their second state-of-the-art development in Nevada.

 Situated at 2942 Lincoln Road in North Las Vegas, this 111,704-square-foot, class 'A' industrial condominium will feature 10 premium units available for purchase, with completion anticipated by Q2 2025.

Lincoln by Beedie will feature tilt-up concrete construction, 28-foot clear height, LED lighting, dock levelers per unit, R-38 insulation, ESFR fire sprinklers, 400 amps, 277/480 volt, 3-phase power per unit, and ±1:1,000 SF of parking. Units range in size from 10,208 to 15,974 square feet.

Rob Lujan

“Our goal is to create the premier industrial property in a transformational market that continues to see strong demand,” said Ryan Beedie, President of Beedie. “With a longstanding track record in Western Canada, we are confident that Lincoln by Beedie will be successful based on its strategic location and demand.”

JLL’s team consisting of Rob Lujan, Jason Simon, and Danny Leanos are overseeing the sale of the units.

Jason Simon

“The Las Vegas industrial market continues to experience tremendous growth from a variety of sectors from e-commerce to manufacturing to owner-users,” said Rob Lujan, Senior Managing Director, SIOR, CCIM at JLL.  

“The city is perfect for the industrial industry with its access to labor, business friendly environment and central West Coast location.”

Lincoln by Beedie is ideally located along Lincoln Road in the East Cheyenne industrial corridor, just east of the I-15 freeway, providing quick and easy access to the entire Las Vegas market. The location also provides direct connectivity to California to the south and Utah to the north. 

 

Danny Leanos


CONTACT:

 David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

 

REIT buys Millenia Crossing shopping center located in Orlando, FL and adjacent to the Mall at Millenia

SOLD: Millenia Crossing shopping center
 located in Orlando and adjacent
to the Mall at Millenia,
 

ORLANDO, FL -- Plaza Advisors has brokered the sale of the

Millenia Crossing shopping center located in Orlando and adjacent to the Mall at Millenia, one of the country’s premier malls. The price was not disclosed.

 

Jim Michalak

The 100,385 square foot retail plaza was 96% occupied and is anchored by Nordstrom Rack, Party City and Modani Furniture. 


Notable inline tenants include Milan Laser Hair Removal, Destination XL, The Vitamin Shoppe and Relax the Back.

 

The Plaza Advisors team led by Jim Michalak and Jeff Berkezchuk represented the seller. The buyer is a publicly traded REIT that owns and operates a portfolio of high-quality retail assets in higher growth markets in the U.S.

 

“The irreplaceable location within the Millenia trade area and next to the high-performing Mall at Millenia resulted in a great deal of interest,” Berkezchuk said. “Millenia Crossing was attractive for a variety of reasons including its prime location, institutional quality improvements and strong in-place tenancy and cash flow.”


Jeff Berkezchuk


Plaza Advisors is a shopping center investment brokerage firm that specializes in the disposition of retail properties throughout the state of Florida.


 Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks. 

 

 


 



 CONTACT:


Jim Michalak

Managing Partner

Plaza Advisors

www.plazadvisors.com

 

4100 West Kennedy Boulevard, Suite 100

Tampa, FL 33609

Main: 813.837.1300 Ext. 1

jim.michalak@plazadvisors.com