{"id":1004557969,"date":"2021-11-17T05:20:58","date_gmt":"2021-11-17T13:20:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004557969"},"modified":"2022-12-08T16:55:36","modified_gmt":"2022-12-09T00:55:36","slug":"luxury-retailer-kicks-off-vegas-logistics-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/luxury-retailer-kicks-off-vegas-logistics-center\/","title":{"rendered":"Luxury Retailer Kicks Off Vegas Logistics Center"},"content":{"rendered":"<div id=\"attachment_1004557977\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tapestry-Fulfillment-Center-Rendering.-Image-Courtesy-of-Tapestry-e1637150574704.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004557977\" data-attachment-id=\"1004557977\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/luxury-retailer-kicks-off-vegas-logistics-center\/tapestry-fulfillment-center-rendering-image-courtesy-of-tapestry\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tapestry-Fulfillment-Center-Rendering.-Image-Courtesy-of-Tapestry-e1637150574704.jpg\" data-orig-size=\"1268,950\" 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=\"Tapestry Fulfillment Center Rendering. Image Courtesy of Tapestry\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Tapestry Fulfillment Center Rendering. Image Courtesy of Tapestry&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tapestry-Fulfillment-Center-Rendering.-Image-Courtesy-of-Tapestry-e1637150574704.jpg?w=1024\" class=\"wp-image-1004557977 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tapestry-Fulfillment-Center-Rendering.-Image-Courtesy-of-Tapestry-e1637150574704.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\"><\/a><p id=\"caption-attachment-1004557977\" class=\"wp-caption-text\">Tapestry Fulfillment Center. Image courtesy of Tapestry<\/p><\/div>\n<p>Tapestry, a New York-based luxury clothing and accessories retailer, has broken ground on a 788,000-square-foot fulfillment center in North Las Vegas, Nev. The company is working with Clarion Partners and Seefried Industrial Properties to deliver the project next year. The facility is set to bring 400 jobs to the city of North Las Vegas by 2029.<\/p>\n<p>The industrial facility will serve Coach and Kate Spade, two of the company\u2019s brands. The property will feature automated systems expected to handle 22.2 million units and store 4 million units for e-commerce and retail.<\/p>\n<p>The warehouse is designed to meet LEED Gold certification standards. Part of the strategy to lower the environmental impact includes rooftop solar panels, optimized irrigation systems and electric vehicle charging stations.<\/p>\n<p>The development site is located near East Tropical Parkway, less than 3 miles from Interstate 15, according to <em>8NewsNow<\/em>. The area is also home to several Amazon distribution centers and other large retailers, including Sephora.<\/p>\n<h2>A booming industrial market<\/h2>\n<p>Las Vegas\u2019 industrial market has had a particularly strong streak this year, also boosted by proximity to Southern California and Phoenix. Vacancy in the metro slid to 3.2 percent at the end of the third quarter, the metro&#8217;s lowest figure since 2006, according to a recent Colliers report.<\/p>\n<p>When it comes to construction activity, some 3 million square feet of industrial space was delivered in Las Vegas during this year&#8217;s third quarter. Most of it was in the rapidly growing North Las Vegas submarket, the same report indicates.<\/p>\n<p>Reflecting the submarket&#8217;s appeal, Clarion Partners\u2014who&#8217;s part of Tapestry&#8217;s project\u2014acquired a <a href=\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-pays-336m-for-las-vegas-industrial-park\/\">2.4 million-square-foot industrial portfolio<\/a> in North Las Vegas. The company paid $335.6 million to the International Union of Operating Engineers for Golden Triangle Industrial Park, a 130-acre property off Interstate 15.<\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial facility will serve Tapestry\u2019s Coach and Kate Spade brands.<\/p>\n","protected":false},"author":1366,"featured_media":1004557977,"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":[32790,32779,39726],"class_list":["post-1004557969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-las-vegas","category-latest","category-west","tag-clarion-partners","tag-leed","tag-seefried-industrial-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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