Work is underway on a warehouse that could help ease Southern Nevada’s shortage of large-scale industrial space.
Dermody Properties announced on April 7 that it started construction of its 381,804-square-foot LogistiCenter Cheyenne on 20 acres at 4025 E. Cheyenne Ave.
The property will put tenants within a day’s drive of key West Coast markets including Los Angeles, Phoenix and Salt Lake City, and within two days of a 17-state regional market.
“Las Vegas is the economic hub of our state and is a great platform for regional distribution,” CEO Michael Dermody said.
Added Patrick Gallagher, a partner in Dermody’s Southwest regional office: “In today’s resurging economy, our clients are looking more and more for modern facilities in strategic markets for a good value. Providing this caliber of facilities, in transportation-advantaged locations such as Las Vegas, has been the foundation of our company.”
Construction is scheduled for completion in October. The center will feature a 32-foot interior clear height, 80 trailer stalls and 248 car stalls.
The space will help ease what local real estate observers say is a shortage of large-scale industrial space that’s keeping some big warehouse users from opening operations in Southern Nevada.
United Construction Co. of Nevada is the general contractor. Colliers International brokers Susan Borst and Dan Doherty are marketing the property.
Gallagher and Brendan Egan, Dermody’s West region development director, are managing the project.
Clubhouse plan unveiled
A large custom-home community in Henderson announced plans for a $25 million clubhouse.
The 22,000-square-foot clubhouse at Ascaya, a 313-lot development in the McCullough Mountains, was designed by Swaback Partners of Arizona. The firm’s other projects include Martis Camp at Lake Tahoe and Promontory’s Nicklaus Clubhouse in Park City, Utah.
A focal point of the Ascaya Clubhouse will be a resort-style pool that the community’s sales manager, Darin Marques, said will rival pools on the Strip. There also will be a separate area for swimming laps, as well as pool-side cabanas and an event lawn. Inside, the clubhouse will have a concierge desk; a gathering room with a bar and fireplace; an events room with Strip views; a children’s activity room; an exercise room and studio for yoga, pilates and dance; spa and treatment rooms; and tennis and basketball courts.
The clubhouse is scheduled to break ground in late 2015.
Ascaya’s first homes are also in development.
Brokerage honored
A local residential brokerage captured sales honors from its national office.
At Berkshire Hathaway HomeServices’ national conference in Las Vegas, the organization named Berkshire Hathaway HomeServices Nevada Properties and Berkshire Hathaway HomeServices Arizona Properties — both held by locally based Americana Holdings — the fourth-largest operation in the group’s global operation.
Americana Holdings’ offices sold $2.7 billion in real estate in 2014.
What’s more, the brokerage’s Shapiro &Sher Group ranked No. 2 in the country based on sales volume, with $184.3 million in luxury homes sold in Southern Nevada.
The company’s St. Rose office was No. 2 in units sold and N0. 6 in sales volume. Its Sahara Avenue office placed No. 6 in closings.
“These recognitions show our teams and their clients that no matter what the markets look like, we are a tenacious and effective advocate for our clients,” said Americana Holdings CEO Mark Stark. “Most of the other top awards are where you expect them to be … in California, New York, Chicago and other densely populated markets. But our teams in Nevada and Arizona sold a record $2.7 billion in real estate sales last year, demonstrating that success is achievable in any size market.”
Contact Jennifer Robison at jrobison@reviewjournal.com. Follow @J_Robison1 on Twitter.
