Add Row
Add Element
cropper
update
Jacks Commercial Real Estate, Inc.
Logo design for Jacks Commercial Real Estate, Inc.
update
Add Element
  • Home
  • Categories
    • Office Real Estate
    • Retail Real Estate
    • Industrial Real Estate
    • Hospitality & Multifamily
    • Real Estate Market Trends
    • Commercial Real Estate Investment & Development
    • Sustainability & Smart Buildings
    • Leasing Strategies & Tenant Relations
    • Property Management Best Practices
    • Other News
September 29.2025
2 Minutes Read

Lincoln Property's New 1.6 MSF Las Vegas Industrial Development Fuels Local Demand

Las Vegas Industrial Development at sunset, sleek white building

Lincoln Property Breaks Ground in Nevada’s Industrial Market

In a notable expansion of industrial space, Lincoln Property Company has successfully delivered the Windsor Commerce Park, marking its debut ground-up industrial project in Nevada. Built on an 86-acre site strategically located between Carey Ave. and Simmons St., this development spans 1.6 million square feet across eight Class A industrial buildings, designed to cater to a variety of tenants.

Key Features of Windsor Commerce Park

The industrial campus offers a range of facilities, with building sizes ranging from 49,920 square feet to 397,440 square feet. Each building boasts modern features, including:

  • Rear loading and cross-docks: Ensuring efficient logistics and transportation.
  • 4,000 amps power capacity: Supporting high-demand users.
  • 36-foot clear heights: Ideal for maximizing storage and operational efficiency.
  • Move-in ready office suites: Attracting businesses looking for a seamless transition.

With construction starting in April 2023, the project is already approximately 50% leased. Notable tenants include a major HVAC supplier and a global e-commerce shipping company, confirming the park's appeal to prominent industry players.

Location and Strategic Advantage

Situated at 2550 Simmons St., Windsor Commerce Park benefits from prime accessibility. Adjacent to the North Las Vegas Airport and a short distance from major road networks like Interstate 15 and Interstate 515, it positions itself as a logistical hub conducive to trade and commerce.

The Growing Demand for Industrial Space in Las Vegas

The Las Vegas industrial market continues to exhibit strong demand. According to CBRE’s recent report, the second quarter of 2025 marked the metro's 50th consecutive quarter of positive absorption, evidenced by 1.5 million square feet absorbed in the first half of the year. However, construction has slowed significantly, dropping 65% year-over-year. This creates a sense of urgency for businesses seeking to secure space in this competitive landscape.

Conclusion: An Exciting Development for the Local Economy

The establishment of Windsor Commerce Park not only enhances the industrial capacity of Las Vegas but also promises to contribute to the local economy through job creation and increased business activities. As Lincoln Property continues to build its presence in Nevada, this project is a testament to the region's robust growth potential in the industrial sector.

Industrial Real Estate

0 Comments

Write A Comment

*
*
Related Posts All Posts
09.26.2025

New 1 MSF Industrial Project Launches in Chicago: What You Need to Know

Update Chicago's Industrial Boom: A New MilestoneHillwood Investment Properties and Clarius Partners have announced the launch of a substantial 970,123-square-foot speculative industrial project in University Park, Illinois. This development, known as the University Park Logistics Center, is significant not only for its sheer size but also for its strategic timing amidst a burgeoning industrial market in the Chicagoland area.Maximizing Opportunities in a Competitive MarketWith Chicago's industrial real estate currently brimming with activity—4.6 million square feet of speculative space underway—this project stands out due to its scale. Only two other developments are larger than 800,000 square feet, highlighting the rarity and potential competitiveness of Hillwood and Clarius's endeavor. Erik Foster from Avison Young, who facilitated the joint venture, emphasized that the companies aim to leverage the momentum generated by favorable market conditions.Strategic Location for Optimal AccessibilityStrategically located at 5258 University Parkway, the logistics center offers quick access to Interstate 57 and is well-positioned between downtown Chicago and O'Hare International Airport. Its proximity to significant industrial players, including Amazon and Home Depot, further cements its attractiveness for potential lessees. The facility will feature extensive amenities including 162 loading docks, 40-foot clear heights, and ample parking for cars and trailers, optimizing it for modern logistics operations.Looking to the Future: Trends in Industrial DevelopmentThis ambitious project is not an isolated endeavor. Reflecting a growing trend, it underscores the continued demand for industrial space in regions with high logistics potential. As e-commerce continues to thrive, more companies seek efficient distribution centers close to urban populations. The anticipated completion of the University Park Logistics Center in the third quarter of 2026 positions it well to meet this ongoing demand, ensuring its viability long into the future.Conclusion: Capitalizing on Chicago's GrowthAs industrial development continues to flourish in Chicago, Hillwood and Clarius are poised to capitalize on this growth with their new logistics center. With a robust local economy and increasing demand for industrial facilities, stakeholders are advised to keep an eye on developments like this one, which could signal important trends shaping the future of commercial real estate in the region.

09.23.2025

EJF Capital's $115 Million Refinancing: What It Means for Industrial Real Estate

Update Understanding EJF Capital's $115 Million Refinancing Deal Recently, EJF Capital, in partnership with North Signal Capital, secured a significant refinancing package of $115 million for their 1.3 million-square-foot industrial portfolio located in Hardeeville, South Carolina. This impressive portfolio includes three warehouses which are part of the expansive RiverPort Commerce, projected to cover around 4.4 million square feet upon completion. This deal, arranged by JLL Capital Markets, included financial backing from Synovus and City National Bank, effectively replacing a previous construction loan. Strategic Location Benefits The newly acquired financing comes at a pivotal moment as the industrial market displays robust activity in the metro Savannah area. Positioned just ten miles from the Port of Savannah, as well as being close to critical interstate highways, this location is poised for growth and attracts significant tenant interest. A report from JLL highlighted that Savannah achieved record industrial absorption rates in early 2025, with over 4.2 million square feet absorbed within the first half of the year. This statistics illustrate a distinct opportunity for future investments. Market Insights and Future Prospects While the Savannah market recorded a slight increase in industrial vacancy rates—up to 11.4 percent—the demand remains resilient. The growth trajectory is supported by a balanced construction pipeline that promises further developments in the coming year. Local industrial growth, alongside competitive financing options, indicates a bright future for the broader industrial sector in the Southeast. Final Thoughts and Industry Implications As EJF Capital continues to expand its industrial footprint, this financing milestone reflects broader trends in the commercial real estate market, particularly in the industrial segment. Stakeholders and investors can view this as a barometer for ongoing investment viability and market health in the region. Given the strategic positioning and demonstrated demand, recent financing activities highlight the potential for ongoing industrial success in the area.

09.15.2025

Nuveen Invests $21M in Jacksonville: What It Means for Industrial Real Estate

Update Nuveen's Strategic Acquisition in Jacksonville's Industrial Sector In a notable transaction indicative of the industrial real estate market's resilience, Nuveen, a global investment manager, has acquired a significant industrial property in Jacksonville, Florida, for approximately $21.1 million. This acquisition expands Nuveen's footprint in a region poised for continued growth in industrial space demand. The Significance of Jacksonville's Market Trends According to recent data from Cushman & Wakefield, Jacksonville has seen its industrial vacancy rate increase to 7.6 percent year-over-year as of June, representing a rise of 270 basis points. This spike coincides with a wave of new developments, as over half of the newly completed industrial properties in the second quarter remained vacant. Despite these challenges, rents have held steady at around $7.84 per square foot, signaling persistent demand even as supply increases. What This Acquisition Means for Investors Nuveen's investment comes at a time when many investors are taking a cautious approach. The rise in vacancy rates could indicate an over-saturation in the market, yet full leasing by reliable tenants, such as healthcare distribution giant Henry Schein at the newly purchased facility, can be seen as a mitigating factor. Investors are likely to analyze such acquisitions closely to determine their risk-to-reward ratios. Future Prospects for Industrial Real Estate With over 4.2 million square feet of space currently under construction in the Jacksonville area, experts suggest that the market may well adapt to this rising supply with a healthy demand, especially in sectors like healthcare and logistics that have seen growth during recent economic fluctuations. Given that Nuveen already manages a substantial $34 billion in industrial assets, their commitment to this market could further drive innovation and improvements in industrial property management practices. Conclusion: Keeping a Close Eye on Jacksonville For those invested or interested in the commercial real estate sector, understanding Jacksonville's evolving landscape is vital. While the market presents challenges, the strategic moves by firms like Nuveen suggest that opportunities remain. As the industrial sector evolves with new demands and conditions, being informed is essential for making astute investment decisions.

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*