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CapRock Partners announces the sales of CapRock Interchange Industrial Center, a 684,000-square-foot Class A industrial complex in North Las Vegas the firm developed in 2020 and 2021. It is CapRock’s first development outside of California.
Located within the North Las Vegas submarket, CapRock Interchange Industrial Center is positioned directly north of the I-15 and I-215 freeway interchange. The development includes two industrial warehouses. Building 1 is approximately 174,000 square feet and features 32-foot clear height, 39 dock high doors, 2 grade-level doors and 105 parking spaces. Building 2 is a 510,000-square-foot cross-dock building that features 36-foot clear height, 89 dock-high doors, 4 grade-level doors, 115 trailer parking stalls and 249 parking spaces.
At the time of sale, CapRock Interchange Industrial Center was 100% leased to BarkBox, Boxabl and Evanesce Packaging Solutions. Newmark represented CapRock in the sale transaction, led by Andrew Briner and Brett Hardy. Rob Lujan, Xavier Wasiak and Jason Simon of JLL represented CapRock. Terms of the sale transaction are not disclosed.
Including CapRock Interchange Industrial Center, CapRock has acquired, developed or is under construction on approximately 3.0 million square feet in the Las Vegas area since 2017.
Source: CapRock Partners
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