{"id":1004338439,"date":"2019-07-16T01:43:58","date_gmt":"2019-07-16T09:43:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004338439"},"modified":"2021-05-15T04:59:56","modified_gmt":"2021-05-15T12:59:56","slug":"harsch-investment-begins-vegas-industrial-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/harsch-investment-begins-vegas-industrial-project\/","title":{"rendered":"Harsch Investment Begins Vegas Industrial Project"},"content":{"rendered":"<div id=\"attachment_1004338454\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004338454\" data-attachment-id=\"1004338454\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/harsch-investment-begins-vegas-industrial-project\/speedway-iv-commerce-center-image-courtesy-of-harsch-investment-properties\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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;0&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;0&quot;}\" data-image-title=\"Speedway IV Commerce Center. Image courtesy of Harsch Investment Properties\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Speedway IV Commerce Center. Image courtesy of Harsch Investment Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png?w=800\" loading=\"lazy\" class=\"wp-image-1004338454 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/Speedway-IV-Commerce-Center.-Image-courtesy-of-Harsch-Investment-Properties.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004338454\" class=\"wp-caption-text\">Speedway Commerce Center IV. <em>Rendering&nbsp;courtesy of Harsch Investment Properties<\/em><\/p><\/div>\n<p>Harsch Investment Properties has broken ground on Speedway Commerce Center IV, a 167,444-square-foot industrial project in Las Vegas. The development, estimated to wrap up construction next spring, will add to the firm\u2019s existing 2.7 million-square-foot portfolio in the immediate area.<\/p>\n<p>JLL\u2019s Jason Simon, Rob Lujan and Xavier Wasiak are heading up leasing efforts for the property. The same team is also marketing Harsch\u2019s newly completed Speedway Commerce Center III. The two buildings, totaling 723,704 square feet, delivered in spring.<\/p>\n<p>Located at 6101 N. Hollywood Blvd., the 9.4-acre project site is within a mile of Interstate 15, less than 10 miles from the city center. The North Las Vegas submarket is the largest in the metro, home to more than a third of the market\u2019s total stock. The area also boasted the highest absorption in the first half of the year, according to a <a href=\"https:\/\/www2.colliers.com\/en\/Research\/Las-Vegas\/2019-Q2-Las-Vegas-Industrial-Market-Research-Report\" target=\"_blank\" rel=\"noopener\">recent report from Colliers International<\/a>.<\/p>\n<p>The developer\u2019s plans for Speedway Commerce Center IV call for minimum clear heights of 32 feet, an ESFR sprinkler system, 60-foot speed bays, evaporative coolers and parking at a ratio of 1.4 spaces per 1,000 square feet.<\/p>\n<p>Although the vast majority of Nevada\u2019s industrial inventory is concentrated in Las Vegas, development is occurring in other parts of the state. Last summer, Polaris Industries <a href=\"https:\/\/www.commercialsearch.com\/news\/ryan-cos-to-develop-nv-facility-for-polaris-industries\/\">broke ground on a 475,000-square-foot distribution center<\/a> 30 miles east of Reno.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plans for the development call for nearly 170,000 square feet of Class A space within the firm\u2019s Speedway Commerce Center.<\/p>\n","protected":false},"author":861,"featured_media":1004338454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,1593,21742,15],"tags":[32763,32804,32796],"class_list":["post-1004338439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-las-vegas","category-latest","category-west","tag-colliers-international","tag-harsch-investment-properties","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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