Closes on 86-acre land acquisition for the development of 1.5+ million s.f. Windsor Commerce Park
LAS VEGAS, Nevada – LPC Desert West, the Southwest division of Dallas-based Lincoln Property Company, has completed an 86-acre land acquisition in North Las Vegas for the development of Windsor Commerce Park. At eight buildings and almost 1.6 million square feet, the Class A project represents the LPC’s first-ever ground-up industrial development in the state of Nevada.
“Our presence in Nevada as an owner and property manager goes back several years. In that time we have come to know and appreciate the state’s long-term potential as a true industrial powerhouse,” said LPC Senior Executive Vice President David Krumwiede. “We’re excited to apply our decades of development expertise here as we continue to grow our local footprint.”
Windsor Commerce Park adds to the 4.54 million square feet of industrial space that LPC currently owns and manages in Nevada. The project is located on the northeast corner of Carey Avenue and Simmons Street, directly across the street from North Las Vegas Airport. At completion, Windsor Commerce Park will total 1,585,440 square feet and eight Class A industrial buildings ranging from 397,440 square feet to 49,920 square feet. The buildings will feature up to 36’ clear height, 24’ tall glass entries, touchless technology and large clerestory windows providing sky views and shifting natural light.
Windsor Commerce Park, which was named after the adjacent Windsor Park residential community, will bring over 1,500 jobs to the area.
Construction on Windsor Commerce Park is scheduled to begin Q1 2023 and complete Q4 2024. LPC plans to build all eight buildings in one phase. The buildings are designed by architect Lee & Sakura. A general contractor will be selected in mid-October.
To discuss leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.