LAS VEGAS – Brass Cap Development, a local industrial development firm, is nearing completion on their latest project Brass Diablo, a $5-million industrial complex situated in the booming southwest part of the valley.
Located at the southwest corner of Diablo Drive and Edmond Street, Brass Diablo features +/- 25,000 square feet of industrial space with only +/- 10,000 square feet remaining for lease. LM Construction Company, the construction firm designing and building Brass Diablo, used an innovated tool, Tilt Insulating Panel System, which allowed the crews to lift the warehouse walls in one day.
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.
“The Southwest continues to be an in demand Submarket as the area allows for businesses to take advantage of the nearby amenities including easy access to the valley’s main freeways, close proximity to the Resort Corridor as well as the many retail, restaurants and residential neighborhoods nearby,” said Larry Monkarsh, partner at Brass Cap Development.
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.
Bleu Blanc Rouge, a Las Vegas based caterer, has already leased +/- 15,000 square feet at Brass Diablo. Brokers Paul Sweetland, SIOR, Dan Doherty, SIOR, Chris Lane, CCIM, and Jerry Doty of Colliers International will handle the leasing opportunities for the remaining 10,000 square feet.
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 2020. 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.
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