LAS VEGAS – Brass Cap Development commenced construction on Brass Diablo, a $5-million industrial project formerly known as Diablo Triangle.
Brass Diablo, located at the southwest corner of Diablo Drive and Edmond Street, offers +/- 22,000 square feet of industrial space the building can accommodate up to two tenants.
“The location of Brass Diablo will provide great opportunities for the future tenants. The property has easy access to the valley freeways and is near the newly-formed Stadium District which has seen a substantial increase in real estate interest,” said Jason Kuckler, partner at Brass Cap Development.
Brass Diablo is one of many projects taking shape within the valley by Brass Cap Development. Adjacent to Brass Diablo is another notable Brass Cap project, Southwest Industrial Center, formerly known as Nevada State Industrial Park, which was recently sold to East Group Properties.
Brass Cap Development has multiple industrial real estate projects in its pipeline totaling more than 50 acres throughout key submarkets in Southern Nevada such as Southwest Las Vegas and West Henderson.
“We’ve witnessed an exponential growth in demand for mid-bay industrial space in Southern Nevada over the past five years,” Kuckler said. “As the valley recovers from the pandemic, we expect the growth to continue throughout the market.”
Brass Diablo is being designed and built by LM Construction Company, LLC and is expected to be completed by Q4 2020. +/- 15,000 square feet have been leased leaving +/- 7,000 square feet of prime industrial space for lease at Brass Diablo. Brokers Paul Sweetland, SIOR, Dan Doherty, SIOR, Chris Lane, CCIM, and Jerry Doty of Colliers International have been brought on to handle sales and leasing for the project.
About Brass Cap Development
Brass Cap Development, founded in 2015, specializes in industrial investment, development, consulting, and management services in Southern Nevada as well as other Western states. They are currently developing industrial projects in Boise, Reno, St. George, and Salt Lake City. Tim Castello, Mike Chernine, Jason Kuckler and Larry Monkarsh, the principals of the Company, are all veterans of real estate development. Brass Cap’s bailiwick consists of site selection, entitlements, site plans and design, schedules, budgets, and full development services. Brass Cap Development is focused on speculative development, build to suits and fee development projects. For more information, visit brasscap.com.
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Maddie Skains, MassMedia