LAS VEGAS, NV – More than a year after it unveiled plans for a warehouse project in North Las Vegas, a North Carolina developer is pushing ahead with another one in the city.
Charlotte-based SunCap Property Group teamed up to acquire 26 acres with plans for a two-building, 467,000-square-foot industrial complex, according to a news release last week from project partner GID.
The land, at the northeast corner of Cheyenne Avenue and Commerce Street, sold for $20 million, brokerage Cushman & Wakefield announced, saying it represented SunCap in the deal and was hired to lease out the project.
Construction of the project, called SunPoint Commerce Center, is expected to start this summer, GID said.
Read the entire article via the Las Vegas Review-Journal. Image via the Las Vegas Review-Journal.