Las Vegas speculative project is poised to break groundFebruary 2021
SunCap Property Group is pleased to announce it has purchased 39 acres for development of SunPoint West, a six-building speculative industrial project totaling 730,000 square feet in North Las Vegas. The site was purchased jointly with Diamond Realty Investments. Positioned at the intersection of West Cheyenne Avenue and Coleman Street, the complex is strategically located in one of the Valley's most in-demand submarkets. SunPoint West will target distribution and warehouse users with buildings ranging from 55,000 to 238,00 square feet. Sitework is scheduled to begin in April with the first building shell delivering by the end of 2021.
The Doherty Industrial Team with Colliers represented SunCap on the transaction.
Previous SunCap Las Vegas Valley projects include several large institutional grade build-to-suits; SunPoint Crossing, a 752,000-square-foot industrial complex; and SunPoint Business Center, a 312,000-square-foot industrial facility on Lamb Boulevard.