• "Since we started the development process, there hasn't been a single day where I've questioned the decision we made to go with SunCap." Steve Salvatore, Magna Automotive
  • "Provided a turn-key solution for planning, designing and building this facility on a virgin site and delivered within one year of ground breaking ... on time and on budget." Mike Tarulli, Senior Vice President, Corporate Real Estate, North America, HSBC Bank USA
  • "You assembled a great team of experts and everyone performed admirably..." Ed Bennett, Chief Administration Officer, NASCAR
  • "We couldn't have done it without you." Larry E. Teel, Executive Vice President, Fischer & Company
  • "We knew our challenges would be many, but you proved time and again that we made the right decision in our selection of developers." Ed Bennett, Chief Administration Officer, NASCAR
  • "We know how difficult the permitting process was but you and your team performed admirably on this build to suit development and got us in on time and on budget." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "Not only are you good at what you do, you make it fun on a day to day basis." Carole Kent, Investment Limited Partner, J.C. Bradford & Co
  • "I also want to thank you personally for your honesty and integrity throughout the process. In the end, you made all of us look good at NASCAR." Ed Bennett, Chief Administration Officer, NASCAR
  • "Your hands-on management of the project and your "can do" attitude were key to the success." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "You consistently delivered the quality service, teamwork, expertise, and product that one would expect from a first rate developer." Stan Ciepcielinski, CFO, Glenayre
  • "Has been our partner in the truest sense of the word." Jon Morris, Managing Partner, Morris, York, Williams, Surles and Brearley, LLP
  • "Outstanding work that you and your organization did in our new corporate headquarters." Scott Ambler, CFO, RSI, Inc.
  • "SunCap has demonstrated an ability to successfully navigate the most complicated entitlement processes and developments in a wide array of markets." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We believe them to be one of the top developers based in our market and look forward to our continued successful relationship." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We found your team at SunCap to be an excellent group with which to work throughout the entire process. We appreciated the open lines of communication that were maintained during all negotiations." Project Manager, Pacolet Milliken Enterprises
  • "Your access to capital, ability to mitigate any issues that arose and determination to close on the site were significant factors resulting in a most successful transaction." Project Manager, Pacolet Milliken Enterprises
  • "It was critical that you performed as you initially claimed you would - you definitely did so and exceeded our expectations on all accounts." Project Manager, Pacolet Milliken Enterprises
  • "From the outset of our dealings with SunCap, it was clear that they were in command of the resources to close quickly without the encumbrances of an investment committee or board approval." President, Weber USA Corporation
  • "The level of communication and professionalism from the SunCap group gave us every confidence the transaction negotiation and resolution would be positive." President, Weber USA Corporation
  • "SunCap Property Group fostered a relationship built on trust and open communication. Any issues or concerns were quickly resolved." Assistant Secretary, The Nolim Group
  • "From initial meeting to real estate closing, SunCap Property Group managed the due diligence process with professionalism and a sense of urgency, which resulted in a successful transaction for both parties." Assistant Secretary, The Nolim Group

News

SunCap Property Group and Colony NorthStar Purchase North Las Vegas Site

March 2018

SunCap Property Group and Colony NorthStar have formed a joint venture and purchased 40 acres in Las Vegas, NV. The site is located at the southeast corner of the intersection of N. Las Vegas Boulevard and N. Lamb Boulevard.

Plans call for development of a Class A light industrial campus to be named SunPoint Crossing. The campus will accommodate 752,838 square feet across three buildings. Planned buildings are divisible to 35,000 square feet. Buildings feature tilt-up concrete construction, 32-foot clear heights, ESFR sprinklers, plentiful dock-height and grade level doors with trailer parking throughout.

Construction is slated to begin in Summer 2018 with delivery of shell buildings in Summer 2019.

This is SunCap's third project in the Las Vegas Valley since the company's inception in 2009. In 2014 SunCap completed a 295,000-square-foot distribution center in Henderson, NV and in 2016 SunCap developed SunPoint Business Center, an industrial facility at 2695 Lamb Boulevard. SunPoint Crossing represents the second interaction between Colony Northstar and SunCap. Colony Northstar purchased SunPoint Business Center in 2017.

"As evidenced by our history of development and investment here, SunCap firmly believes in the strength of the Las Vegas market," said Mike Orr, SunCap Property Group, "We are excited about this partnership with Colony and intend to expand the relationship into other markets."

Jeremy Green and Tyler Ecklund with CBRE's Las Vegas office will be responsible for marketing the development to prospective tenants.

"Supply in this North Las Vegas market is limited with high demand for Class A industrial space," commented Jeremy Green, CBRE First Vice President. "SunPoint Crossing fulfills a recognized need in a submarket that absorbed over 5.7 million square feet in 2017."