Prologis Starts Spec Industrial Project in North Las Vegas

Developer Prologis has officially begun development on its speculative industrial park at Pecos and Gowan roads, meaning that it is the first property of its kind to be constructed in Las Vegas since the economic downturn. Prologis is gambling on the fact that the local industrial market, still reeling from the fact that Las Vegas was dropped as the possible location of the Tesla Gigafactory that eventually went to Reno, still has need for a large-scale asset.

Prologis Inc. has started construction of a 464,203-square-foot speculative industrial park at Pecos and Gowan roads, the first property of its kind to be developed in the area since the recession. The REIT is counting on continued local demand, despite ¬†Tesla’s recent decision to bypass Las Vegas and pick Reno as the site of its giant battery factory.

Located at 3700 Bay Lake Trail in North Las Vegas, the Prologis Las Vegas Corporate Center has an estimated delivery date of February 2015.

The property will feature 112 dock doors, 36-foot minimum clear heights, 56-foot by 60-f00t column spacing, 1,800 square feet of office space, 316 parking stalls, 37 trailer parking stalls, 4,000 amps of power, concrete tilt-up construction, full concrete truck courts and the ESFR Sprinkler System.

The 27.9-acre site in North Las Vegas offers ready access to I-15. Prologis Las Vegas Corporate Center will feature electric utilities provided by NV Energy, water and sewer services by Clark County Water Reclamation and the city of North Las Vegas, gas provided by Southwest Gas, and telephone service by Century Link.