Las Vegas land development and investment firm Cambridge Cos. has acquired a 17-acre industrial tract in Henderson.
The acquisition was assembled from property that was bank owned, real estate owned and private owned. The site will permit 330,000 square feet of big-box distribution, refrigerated storage, self-storage, and manufacturing, as well as other industrial uses.
The 17 acres face U.S. Highway 95 with access from Conestoga Way in Henderson. The site is also on the Canamex Corridor, which runs from Mexico to Canada, and the proposed Interstate 11.
Cambridge Cos. invests in multifamily, industrial, hospitality and gaming sectors in the Las Vegas region.
“Our team has over 20 years of experience in the Las Vegas market and submarkets,” Filipp Chebotarev, chief operating officer at Cambridge, said in a statement. “In Q3 2015, Las Vegas is a turning market; we’ve seen strong indicators of organic economic growth led by the industrial market recovery. This growth has translated across other property types, including SFR and multifamily.”
Michael Bash, partner at Cambridge, added, “At Cambridge, we attribute our success to key relationships with local brokers, an experienced local team, a strong research and analytics department, and strategic relationships with high net-worth investors as well as institutional clients.”
This site is available for lease, build to suit, or sale.
For more information, visit http://cambridge-companies.com/.