CapRock Partners, an industrial real estate investment and development firm, has announced it has commenced construction on CapRock Tropical Logistics, a two-building, 1.1 million-square-foot logistics complex in North Las Vegas.
The global pandemic and desire for more space and isolation appears to have benefited Lake Las Vegas in a strong way in 2020 and the lakeside community is on pace to have its best year since prior to the Great Recession more than a decade ago.
For the first time in its seven-year history, the Silver Nugget Awards event was held virtually. Area homebuilders, homeowners, architects and designers logged onto their computers to find out who won this year. Although, there was no bar or dinner, there were wine gift baskets delivered to the winners and DJ Chris Cox warmed things up at the online party before the announcements.
A report released Friday by Las Vegas Realtors shows local home prices rising while the housing supply keeps shrinking, putting the local housing market in the unusual position of looking a lot like the rest of the country.
The luxury new-home market and price point just below $1 million continues to be strong despite the ongoing coronavirus pandemic and builders say they don’t expect it to slow through the end of the year and into 2021.
America Nevada Co. and First Federal Realty DeSimone celebrated the groundbreaking of the Fort Apache Professional Park on the southeast corner of Fort Apache Road and West Martin Avenue on Oct. 29.
It’s a home of understated sophistication, built with quality luxury materials and thoughtfully designed. The owners who built the 6,903-square-foot home in Ascaya in 2017 worked with Las Vegas-based Sun West Custom Homes to create a comfortable modern nest atop the Henderson hilltop. It was one of the first homes in the new luxury residential community that is off Horizon Ridge Parkway east of Green Valley Parkway.
ARES Nevada, an affiliate of Advanced Rail Energy Storage (ARES), has announced the groundbreaking for its first GravityLineTM merchant energy storage facility. The 50 MW facility will be able to provide 15 minutes of regulation services at full capacity — supporting renewable energy integration across the Western U.S.
The CEO of Monster Inc. has sold his Henderson home for $7 million as the luxury market sets a record despite the coronavirus pandemic. That’s the third highest price paid for a valley home this year in a transaction that closed Oct. 16.