LAS VEGAS – Brass Cap Development, a leading developer of industrial space in the Las Vegas valley, continues to make strides in the commercial real estate development industry with the groundbreaking of Executive Airport Crossing, a new 70,000-square-foot West Henderson industrial project.
Located on Raiders Way and Dale Street, Executive Airport Crossing consists of two freestanding buildings that can be divisible from ±14,446 to ±40,000 square feet. Both buildings include dock and grade level loading areas.
Executive Airport Crossing received more than $5 million in investment funding in eight minutes on CrowdStreet, a real estate investing platform that gives investors direct access to individual commercial real estate investment opportunities. This is the first Brass Cap Development project that was funded through CrowdStreet.
“We are thrilled about the response we received from investors on CrowdStreet as it is truly a testament to the demand for industrial space in the expanding West Henderson Submarket,” said Mike Chernine, partner at Brass Cap Development. “Future buyers will love the location of this property as it will only enhance their business operations with the excellent visibility and access.”
Situated near the Raiders practice facility, Amazon, Krogers distribution center and Turano Baking Company, Executive Airport Crossing is also near the California state line with easy access to the I-15 freeway and 215 Beltway.
Brass Cap Development currently has more than 500,000 square feet of industrial planned in West Henderson which includes two projects on pace to break ground this year, Bromigo, a two-building 150,000-square-foot multi-tenant distribution center, and Bruner Industrial Park, a five-building flex and mid-bay project.
LM Construction Co, a Las Vegas-based construction company, is the design-build general contractor for Executive Airport Crossing and expects a June 2021 completion date.
Brokers Paul Sweetland, SIOR and Jerry Doty of Colliers International | Las Vegas have been brought on to handle all sales for the project. For more information on Executive Airport Crossing, visit https://brasscap.com/executive-airport-crossing/.
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. Brass Cap Development has now developed nearly a million square feet of industrial space across multiple states with another half million in the development pipeline for 2021. Tim Castello, Mike Chernine, Jason Kuckler and Larry Monkarsh, the principals of the company, are all veterans of real estate development. Brass Cap’s specialty consists of site selection, entitlements, site planning 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.
About LM Construction Company
LM Construction Company, founded in 1996 by Larry Monkarsh, is a premier full-service commercial builder in Las Vegas, NV that also provides services in Utah, Idaho and Arizona. LM offers a complete array of design and contracting services under one roof, suitable for all commercial, industrial, manufacturing and retail building needs. Having completed more than seven million square feet of commercial building and real estate development in Las Vegas, LM Construction is leading the way for the future of Las Vegas development. LM Construction employs a dedicated staff and coordinates your job with our entire production team, from the owners and tenants to the architects and engineers. For more information, visit https://www.lmconstructionco.com/.
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Maddie Skains, MassMedia