VanTrust recently completed the construction of the fourth building at Tropical Distribution Center. Tropical IV is a 246,400-square-foot, Class A, industrial building with convenient access to Interstate 15 and 215 via Tropical Parkway. It is part of the 120-acre Tropical Distribution Center, a 1.6-million-square-foot, multi-building industrial park in North Las Vegas with national tenants, including Sephora.
“North Las Vegas is truly becoming the elite industrial market in Nevada and Tropical IV is well-positioned among the new industrial facilities in the area,” said Jenna Borcherding, VanTrust Real Estate Director of Development. “At just under 250,000 square feet, it provides a large, flexible space with all of the modern amenities and features current mid-size users demand. We’re thankful for all of our partners who delivered this building to market and we look forward to announcing our tenant very soon.”
Tropical IV was designed by HPA Architecture, and Martin-Harris Construction served as general contractor. This modern industrial product features 36-foot clear heights with 43 dock high doors and two grade level doors, as well as a large truck court, 51 trailer parking spaces and 203 automobile parking spaces.
The North Las Vegas submarket continues to see record industrial activity. In 2021, North Las Vegas saw 8.3 million SF of net absorption, and the entire Southern Nevada market saw 11.6 million SF. North Las Vegas is also experiencing record-low vacancy rates, closing 2021 with a 1.3 percent vacancy rate for industrial properties.
VanTrust’s work in North Las Vegas also includes Northgate Distribution Center; which was named Industrial Park of the Year at the 2022 NAIOP of Southern Nevada Spotlight Awards. Northgate is an eight-building, 3.5 million square foot industrial park. VanTrust also recently announced that work will soon begin at Vantage North, which is planned to include more than 4.5 million SF of state-of-the-art distribution facilities.
Frisco Station, the 242-acre, $1.8 billion mixed-use project that wraps around the Dallas Cowboys’ Star complex just west of the Dallas North Tollway, has landed its first business tenants. Partner Van Trust Real Estate is also moving into a 5,000-square-foot space. Read the full article on Dallas News.
VanTrust Real Estate, LLC (VanTrust), a full-service commercial real estate development company, will break ground in April on a 621,874-square-foot speculative industrial building in the East Dallas suburb of Forney. Located at the intersection of U.S. Highway 80 and South Gateway Boulevard, the Forney Distribution Center will tap into the industrial market that continues to …
VanTrust recently broke ground on a 1,006,880-square-foot speculative industrial building in southern Dallas. Located just south of Interstate 20, DalParc Logistics Center is a part of a planned 200-acre logistics park, anchored by Amazon and L’Oreal, that will serve the growing e-commerce, logistics and manufacturing markets in North Texas. “Southern Dallas is experiencing tremendous industrial …
VanTrust Real Estate completes construction of Tropical Distribution Center Building IV
VanTrust recently completed the construction of the fourth building at Tropical Distribution Center. Tropical IV is a 246,400-square-foot, Class A, industrial building with convenient access to Interstate 15 and 215 via Tropical Parkway. It is part of the 120-acre Tropical Distribution Center, a 1.6-million-square-foot, multi-building industrial park in North Las Vegas with national tenants, including Sephora.
“North Las Vegas is truly becoming the elite industrial market in Nevada and Tropical IV is well-positioned among the new industrial facilities in the area,” said Jenna Borcherding, VanTrust Real Estate Director of Development. “At just under 250,000 square feet, it provides a large, flexible space with all of the modern amenities and features current mid-size users demand. We’re thankful for all of our partners who delivered this building to market and we look forward to announcing our tenant very soon.”
Tropical IV was designed by HPA Architecture, and Martin-Harris Construction served as general contractor. This modern industrial product features 36-foot clear heights with 43 dock high doors and two grade level doors, as well as a large truck court, 51 trailer parking spaces and 203 automobile parking spaces.
The North Las Vegas submarket continues to see record industrial activity. In 2021, North Las Vegas saw 8.3 million SF of net absorption, and the entire Southern Nevada market saw 11.6 million SF. North Las Vegas is also experiencing record-low vacancy rates, closing 2021 with a 1.3 percent vacancy rate for industrial properties.
VanTrust’s work in North Las Vegas also includes Northgate Distribution Center; which was named Industrial Park of the Year at the 2022 NAIOP of Southern Nevada Spotlight Awards. Northgate is an eight-building, 3.5 million square foot industrial park. VanTrust also recently announced that work will soon begin at Vantage North, which is planned to include more than 4.5 million SF of state-of-the-art distribution facilities.
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