LAS VEGAS, NEV., February 13, 2020 – Harsch Investment Properties has completed development of a 168,000-square-foot Speedway Commerce Center IV, located at 6101 North Hollywood Boulevard, adding to the existing 2.65 million-square-foot Speedway Commerce Center, which brings the total holdings in North Las Vegas to four million square feet.
JLL’s Jason Simon, Rob Lujan and Xavier Wasiak are overseeing leasing at the property. The team recently completed three leases at Speedway Commerce Center IV, totaling 76,926 square feet, bringing the property to 46 percent occupancy. Q Corporation signed a 37,918-square-foot lease. Proslat signed a lease for 15,738 square feet. Vogue Tyres signed a lease for 23,270 square feet.
Speedway Commerce Center IV features ready to move in modern turn-key office build-out in each unit, 32-foot minimum warehouse clear height, 1.4/1,000 square foot parking ratio, 50-foot concrete aprons, LED warehouse and office lighting, ample dock-high and grade level loading, ESFR Sprinklers with K17 rating, 60-foot speed bays, energy efficient evaporative coolers and every feature an occupier could expect from a modern class “A” project.
“We continue to see high demand for well-located, premier industrial facilities in the Las Vegas area,” said Reed Gottesman, Senior Vice President/Regional Manager, Harsch Investment Properties. “Speedway Commerce Center IV is ideal for mid-sized firms looking for new, modern industrial space in one of the premier strategic logistic locations and business-friendly environments.”
Speedway Commerce Center IV is ideally located just off of the I-15 Freeway and the 215 Beltway, providing convenient access to major Southwest and West Coast cities.
“Demand for mid-bay product can’t be overstated,” said Simon. “Speedway Commerce Center IV is another example of Harsch delivering on its promise to deliver class “A” product to meet the needs of occupiers in the regional Southwest.”
About Harsch Investment Properties
Harsch Investment Properties is a privately-owned real estate company that acquires, manages and develops properties for its own portfolio. The company owns and operates 27 million square feet of office, multi-tenant industrial, multi-family and retail properties in six western states. Headquartered in Portland, Oregon, Harsch has regional offices in Portland, Seattle, the San Francisco Bay Area, Sacramento, Las Vegas, and San Diego. Harsch opened its office in Las Vegas in 1994 and now it owns and operates over 1 billion dollars of real estate in the valley.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.