 |
Gary Kobus
|
LAS
VEGAS, NV, April 17, 2024 – Full-service commercial real estate
firm Lincoln Property Company (Lincoln) has secured 561,742
square feet in pre-leases at the 1,585,440-square-foot Windsor Commerce Park in
North Las Vegas.
The commitments
bring the company’s first-ever ground-up industrial endeavor in the state of
Nevada to more than 35% pre-leased, approximately 10 months before the project
is scheduled to complete.
 |
David Krumwiede
|
Through
pre-lease commitments, Lincoln has 100% leased its largest building at Windsor
Commerce Park, the 397,440-square-foot Building G, to a major HVAC supplier.
The 296,400-square-foot Building A, located at 2750 Simmons St., is now 55%
pre-leased to a worldwide e-commerce shipping specialist. |
| Kevin Higgins |
“Our
regional team has executed this development plan impeccably, adjusting
construction schedules and sequencing building deliveries to meet the immediate
tenant requirements of these two entities,” said Gary Kobus, Senior
Managing Director at Lincoln.
“This early and
robust leasing interest bodes well for Windsor Commerce Park and its ability to
bring new companies and new jobs to North Las Vegas.”
Located
on 87 acres at the northeast corner of Carey Avenue and Simmons Street,
directly across from North Las Vegas Airport, Windsor Commerce Park at
build-out will total 1,585,440 square feet in eight state-of-the-art buildings.
 |
| Jake Higgins |
All
buildings are under construction now, with completion scheduled for Q1 2025.
When finished, they will join more than 4.5 million square feet of industrial
space already owned and managed by Lincoln in Nevada.
“Having
tenants commit to Windsor Commerce Park well before construction is complete
underscores the significant pent-up demand in Las Vegas for this kind of
modern, Class A industrial product,” said David Krumwiede, Senior
Executive Vice President at Lincoln.
“It is also a
testament to the quality of this development, which has been designed to offer
tremendous flexibility meeting the broad needs of the market.”
Kevin
Higgins,  |
Garrett Toft
|
Garrett Toft, Jake Higgins and Kelsey Higgins
from CBRE serve as the exclusive leasing brokers for Windsor Commerce Park and
represented Lincoln in all lease transactions.
Buildings
at Windsor Commerce Park range from 49,920 to 397,440 square feet.
The Class A
project will feature the latest in distribution and fulfilment advantages,
including up to 36’ clear height, rear loading and cross dock configurations,
ESFR sprinkler systems, 2,000 amp to 4,000 amp capacity, and large clerestory
windows providing sky views and offering shifting natural light within building
interiors.
 |
Kelsey Higgins
|
Lincoln
is also incorporating speculative office suites into every building at Windsor
Commerce Park, offering speed-to-market solutions for tenants of all types and
sizes.
“We
believe this project has been very successful due to not only its location but
also the variety of size and buildings that Windsor Commerce Park is offering
its users,” said Kevin Higgins.
Windsor
Commerce Park is visible from U.S. Route 95, with immediate access to the
freeway and North Las Vegas Airport. It offers a direct connection to Reno and
Northern California, and puts the Ports of Los Angeles and Long Beach within
just over a five-hour drive.
To
discuss Nevada development, investment or property management opportunities
with Lincoln, call David Krumwiede or John Orsak at (602) 912-8888.
CONTACT:
Stacey Hershauer
focusAZ
P 480.600.0195
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