{"id":1004659586,"date":"2023-04-28T03:48:27","date_gmt":"2023-04-28T11:48:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004659586"},"modified":"2023-04-28T03:51:13","modified_gmt":"2023-04-28T11:51:13","slug":"lincoln-property-breaks-ground-on-1-6-msf-las-vegas-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-breaks-ground-on-1-6-msf-las-vegas-project\/","title":{"rendered":"Lincoln Property Breaks Ground on 1.6 MSF Las Vegas Project"},"content":{"rendered":"<div id=\"attachment_1004659587\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004659587\" data-attachment-id=\"1004659587\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-breaks-ground-on-1-6-msf-las-vegas-project\/lpc-windsor-ground-breaking-2023\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg\" data-orig-size=\"1365,1023\" 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;1&quot;}\" data-image-title=\"Windsor Commerce Park ground breaking ceremony. Image courtesy of LPC Desert West\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Windsor Commerce Park ground breaking ceremony. Image courtesy of LPC Desert West&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg?w=1024\" class=\"wp-image-1004659587 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg?w=300\" alt=\"Windsor Commerce Park ground breaking ceremony. Image courtesy of LPC Desert West\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg 1365w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/LPC-Windsor-Ground-Breaking-2023-e1682676097794.jpg?resize=1024,767 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004659587\" class=\"wp-caption-text\">Windsor Commerce Park groundbreaking ceremony. <em>Image courtesy of LPC Desert West<\/em><\/p><\/div>\n<p><strong>Lincoln Property Co.<\/strong>\u2019s Southwest division <strong>LPC Desert West<\/strong>, has broken ground on Windsor Commerce Park, a 1.6 million-square-foot industrial campus in North Las Vegas.<\/p>\n<p>LPC <a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-to-build-1st-industrial-development-in-las-vegas\/\">purchased the site<\/a> in August 2022 for the construction of its first ground-up industrial project in Nevada, for which the company paid $22 million, Clark County records show. The campus will come online in the third quarter of 2024.<\/p>\n<p>The project, which encompasses eight buildings across an 86-acre site, has been designed by <strong>Lee &amp; Sakahara Architects<\/strong>.<strong> R&amp;O Construction<\/strong> will serve as general contractor.<\/p>\n<hr \/>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/will-cre-construction-hold-steady-in-2023\/\">Will CRE Construction Hold Steady in 2023?<\/a><\/p>\n<hr \/>\n<p>Upon completion, the Class A buildings in Windsor Commerce Park will range between 49, 920 square feet and 397,440 square feet and will feature 36-foot clear heights, 24-foot-tall glass entries and touchless technology. The property will also include speculative office suites. Vice Chairmen Kevin Higgins and Garrett Toft, Senior Vice President Jake Higgins, alongside Associate Kelsey Higgins with <strong>CBRE<\/strong> will handle leasing efforts for the property.<\/p>\n<p>The site is located at 2898 W. Carey Ave., less than 5 miles from downtown Las Vegas and has access to State Route 95. The industrial park will be situated 2 miles from the North Las Vegas Airport. The surrounding area includes companies such as US Foods, PFS Distribution Center, GT Ventures and FedEx, among others.<\/p>\n<p>Windsor Commerce Park will expand Lincoln Property&#8217;s existing 4.5 million-square-foot industrial portfolio in Nevada. Earlier this year, the company also broke ground on a project in Arizona. <a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-breaks-ground-on-7-msf-phoenix-project\/\">Goodyear AirPark<\/a> will encompass a total of 7 million square feet.<\/p>\n<h2>Industrial development in Las Vegas<\/h2>\n<p>CommercialEdge data shows that Las Vegas had 33 industrial properties under construction as of April, totaling 9.2 million square feet, and 52 projects in the planning and prospective stages, set to add approximately 18.5 million square feet to the existing inventory.<\/p>\n<p>Earlier this year, <strong>DIV Industrial<\/strong> announced plans to develop <a href=\"https:\/\/www.commercialsearch.com\/news\/div-industrial-to-build-1-7-msf-las-vegas-campus\/\">EL Dorado Valley Logistics Center<\/a>, a 1.7 million-square-foot industrial campus in Henderson, Nev. Last month CapRock Partners completed two warehouse and distribution <a href=\"https:\/\/www.commercialsearch.com\/news\/caprock-delivers-las-vegas-industrial-parks\/\">facilities in Las Vegas<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Windsor Commerce Park marks the company\u2019s first ground-up industrial endeavor in Nevada.<\/p>\n","protected":false},"author":2829,"featured_media":1004659587,"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":[32789,32838,34331],"class_list":["post-1004659586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-las-vegas","category-latest","category-west","tag-cbre","tag-lincoln-property-company","tag-lpc-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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