{"id":1004133647,"date":"2015-12-15T08:41:45","date_gmt":"2015-12-15T16:41:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004133647"},"modified":"2020-04-16T02:26:16","modified_gmt":"2020-04-16T10:26:16","slug":"cushman-wakefield-takes-faraday-future-to-vegas","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-takes-faraday-future-to-vegas\/","title":{"rendered":"Cushman &#038; Wakefield Takes Faraday Future to Vegas"},"content":{"rendered":"<p>By Barbra Murray, Contributing Editor<\/p>\n<div id=\"attachment_1004133650\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004133650\" data-attachment-id=\"1004133650\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-takes-faraday-future-to-vegas\/faraday-future-plant-north-las-vegas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg\" data-orig-size=\"1917,773\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1444930688&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Faraday Future Plant, North Las Vegas\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg?w=1024\" class=\"wp-image-1004133650 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg\" alt=\"Faraday Future Plant, North Las Vegas\" width=\"300\" height=\"121\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg 1917w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg?resize=300,121 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg?resize=768,310 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg?resize=1024,413 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Faraday-Future-Plant-North-Las-Vegas.jpg?resize=1536,619 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004133650\" class=\"wp-caption-text\">Faraday Future Plant<\/p><\/div>\n<p><a href=\"https:\/\/www.faradayfuture.com\/\" target=\"_blank\" rel=\"nofollow\">Faraday Future<\/a> has a massive development plan and it was Cushman &amp; Wakefield that paved the way for the billion-dollar first phase of the project to move forward. The commercial real estate services firm recently completed site selection and incentive negotiations for Faraday\u2019s 3 million-square-foot electric vehicle assembly plant, which will be erected in West Las Vegas.<\/p>\n<p>Faraday is preparing to introduce its brand and commence production of its electric cars. For ten months, C&amp;W combed the U.S. and parts of Mexico to find a location that would not only meet Faraday\u2019s long list of requirements, but provide additional advantages. C&amp;W\u2019s work included the appraisal of expected human resources costs and labor availability, access to supplier and customer markets, real estate and infrastructure suitability and incentives. It was a comprehensive research endeavor that ultimately led to the assessment of more than 100 brownfield and greenfield sites.<\/p>\n<p>North Las Vegas came out on top, offering a business-friendly environment, structured deal terms, and a host of other benefits, including close proximity to the West Coast Electric Highway, a stretch along Interstate 5 that is heavily peppered with vehicle charging stations.<\/p>\n<p>It was quite a competition. \u201cFew projects in the U.S. or world can match Faraday Future\u2019s in terms of its impact not only on a specific industry but on a community as well,\u201d Debra Moritz, leader of C&amp;W\u2019s Strategic Consulting practice, said in a prepared statement. Faraday\u2019s sprawling inaugural manufacturing facility, which will be developed in Apex Industrial Park, will yield more than 4,500 new jobs and indirectly spark the creation of additional positions through Faraday\u2019s supplier base and other independent businesses that will follow the company to Nevada.<\/p>\n<p>Faraday expects to kick off production of its electric vehicles in the next few years. And since the West Las Vegas facility marks only the initial phase of Faraday\u2019s development project, it could be that C&amp;W\u2019s work is not yet done.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The commercial real estate services firm recently completed site selection and incentive negotiations for Faraday\u2019s electric vehicle assembly plant.<\/p>\n","protected":false},"author":969,"featured_media":1004133651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21825,21748,1593,13,21742],"tags":[],"class_list":["post-1004133647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-finance","category-industrial","category-las-vegas","category-midwest","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cushman &amp; 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