Becknell Industrial recently finished construction on the 106,705-square-foot Class A industrial building which is situated within the 297,243 square foot North Las Vegas Business Park.
Located in the rapidly expanding North Las Vegas Submarket, the property is positioned near the Las Vegas Motor Speedway and other high-profile regional distribution centers including Amazon, Bed Bath & Beyond, Sephora and more.
The popularity of this submarket is boasted through its ability to be a distribution hub that can service eight different markets within a one-day truck drive – an operational benefit that helped secure a buyer before the facility completed construction.
“The Las Vegas valley continues to be one of the most highly sought-after industrial markets in the region for owners/users, specifically those looking to relocate out of California. Becknell’s Class A building was uniquely positioned to satisfy this new emerging demand,” said Jerry Doty, SIOR, vice president of Colliers Las Vegas.
Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane, SIOR, CCIM and Jerry Doty, SIOR of Colliers Las Vegas represented the seller, Becknell Industrial, and Jake Higgins of CBRE represented the buyer, ClearBags, in this transaction.
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