News Summary
Rockefeller Group has sold a 104,440-square-foot industrial facility at 3130 N. Lamb Blvd. in North Las Vegas for $23.5 million. This modern distribution center features ample loading capabilities, a clear height of 32 feet, and robust power options, reflecting the growing demand for industrial real estate in the region. The Cheyenne Industrial Park site, designed for efficiency, is strategically located for logistics and distribution operations. The deal signifies continued interest in properties that accommodate modern business needs, contributing to local economic growth.
North Las Vegas
Rockefeller Group has successfully sold a 104,440-square-foot industrial building located at 3130 N. Lamb Blvd. within the Cheyenne Industrial Park for $23.5 million. The identity of the buyer has not been disclosed.
Details of the Facility
This modern distribution facility is designed for efficiency, featuring a clear height of 32 feet, which provides ample vertical space for storage and operations. The facility is equipped with 18 dock-high doors and two grade-level doors, facilitating easy loading and unloading of goods. Additionally, it includes a 135-foot gated truck court and 105 auto parking stalls to accommodate both trucks and vehicles of employees and visitors.
Power capabilities are robust, offering 2,000 amps of power, which supports a variety of industrial operations. The facility also contains 2,528 square feet of office space, providing necessary workspaces for administrative tasks.
Building Specifications
The buildings within Cheyenne Industrial Park were designed by HPA Architecture, with Martin Harris Construction serving as the general contractor. Both buildings in the park have a six-inch floor slab thickness to withstand heavy loads and include LED lighting for energy efficiency. Additional features include TPO roofing, ESFR sprinklers for fire safety, and evaporative coolers that enhance the internal climate control of the facility.
Significance of the Sale
The sale of this industrial building highlights the ongoing demand for industrial real estate in North Las Vegas and the surrounding areas. The growth of e-commerce and distribution centers has made properties like this one increasingly valuable for businesses looking to enhance their operations.
Background Context
Cheyenne Industrial Park is a strategically located industrial hub in North Las Vegas, designed to cater to the needs of various industries. Its proximity to major transportation routes enhances accessibility, making it an attractive site for logistics and distribution companies.
The transaction was facilitated by Jason Simon, Rob Lujan, and Danny Leanos from JLL, who represented the seller in the deal.
This recent sale reflects broader trends in the industrial real estate market, characterized by a strong appetite from buyers for properties that meet modern logistical requirements. Such transactions play a crucial role in shaping the economic landscape of North Las Vegas, contributing to job creation and the overall growth of the local economy.
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Additional Resources
- Rebusiness Online: Rockefeller Group Sells Industrial Building
- Wikipedia: North Las Vegas
- Data Center Dynamics: Novva Data Centers Buys Land
- Google Search: Industrial Real Estate in Las Vegas
- Review Journal: Developer Sells Land in Apex Industrial Park
- Encyclopedia Britannica: Las Vegas
- Connect CRE: NorthPoint Acquires Warehouse Portfolio
- Google Scholar: North Las Vegas Industrial Real Estate
Author: STAFF HERE LAS VEGAS WRITER
LAS VEGAS STAFF WRITER The LAS VEGAS STAFF WRITER represents the experienced team at HERELasVegas.com, your go-to source for actionable local news and information in Las Vegas, Clark County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Electric Daisy Carnival, World Series of Poker, and Consumer Electronics Show. Our coverage extends to key organizations like the Las Vegas Chamber of Commerce and Three Square Food Bank, plus leading businesses in hospitality and entertainment that power the local economy such as MGM Resorts International, Caesars Entertainment, and Las Vegas Sands. As part of the broader HERE network, we provide comprehensive, credible insights into Nevada's dynamic landscape.
