VanTrust recently completed the sale of Building IV at Tropical Distribution Center in North Las Vegas. The building was acquired by Utah-based data center developer Novva Data Centers, which has already begun work on a 100-megawatt facility that is aiming for a late 2023 opening.
Tropical Distribution Center Building IV is a 246,400-square-foot, Class A industrial facility with convenient access to Interstate 15 and 215 via Tropical Parkway. Designed by HPA Architecture and built by Martin-Harris Construction, Building IV is part of VanTrust’s 120-acre Tropical Distribution Center, a 1.6-million-square-foot, multi-building industrial park in North Las Vegas with national tenants, including Sephora.
“Novva Data Centers is one of the most innovative developers in their industry, and they have been searching for a Southern Nevada location for more than a year, and Tropical IV met all of their demands,” said Jenna Borcherding, VanTrust Real Estate Director of Development. “We’re proud to bring Novva to North Las Vegas and the Tropical Distribution Center.”
Novva Data Centers Founder and CEO Wes Swenson said his company considers the greater Las Vegas region as a critical market for its overall strategy to deliver state-of-the-art facilities with low latency and low operations costs to its clients. He said that his company sought out VanTrust early in the process of seeking Novva’s first Nevada location.
“VanTrust was terrific to work with in customizing the project to our needs. They anticipate the obstacles, and quickly solve any issues that are inevitable in such large projects,” Swenson said. “They worked right through the Covid-related supply chain and labor challenges. Their expertise in Southern Nevada is unparalleled, they saved us considerable time and money to quickly execute our vision, as we had a very compressed timeline.”
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 square feet of state-of-the-art distribution facilities.
Company to open in-house distribution and fulfillment center, creating 500 new jobs in Central Ohio. Just months after completing a 302,880-square-foot facility in New Albany, VanTrust Real Estate is pleased to announce that the entire building has been leased. Hims & Hers, a direct-to-consumer digital health and wellness company, has chosen the New Albany location for a …
Jenna Borcherding, Director, Development in the Phoenix office, was featured in the Commercial Executive Magazine for her work with NAIOP. Click Here to read the full article.
Congratulations to our very own Jenna Borcherding for her well-deserved recognition with the Phoenix Business Journal’s 40 Under 40 Awards program for her business success, community involvement, leadership, and positive influence in the industry. “I’m passionate about mentoring the next generation of professionals looking to enter the commercial real estate industry, as mentors have played …
VanTrust sells Tropical Distribution Center Building IV to Novva Data Centers
VanTrust recently completed the sale of Building IV at Tropical Distribution Center in North Las Vegas. The building was acquired by Utah-based data center developer Novva Data Centers, which has already begun work on a 100-megawatt facility that is aiming for a late 2023 opening.
Tropical Distribution Center Building IV is a 246,400-square-foot, Class A industrial facility with convenient access to Interstate 15 and 215 via Tropical Parkway. Designed by HPA Architecture and built by Martin-Harris Construction, Building IV is part of VanTrust’s 120-acre Tropical Distribution Center, a 1.6-million-square-foot, multi-building industrial park in North Las Vegas with national tenants, including Sephora.
“Novva Data Centers is one of the most innovative developers in their industry, and they have been searching for a Southern Nevada location for more than a year, and Tropical IV met all of their demands,” said Jenna Borcherding, VanTrust Real Estate Director of Development. “We’re proud to bring Novva to North Las Vegas and the Tropical Distribution Center.”
Novva Data Centers Founder and CEO Wes Swenson said his company considers the greater Las Vegas region as a critical market for its overall strategy to deliver state-of-the-art facilities with low latency and low operations costs to its clients. He said that his company sought out VanTrust early in the process of seeking Novva’s first Nevada location.
“VanTrust was terrific to work with in customizing the project to our needs. They anticipate the obstacles, and quickly solve any issues that are inevitable in such large projects,” Swenson said. “They worked right through the Covid-related supply chain and labor challenges. Their expertise in Southern Nevada is unparalleled, they saved us considerable time and money to quickly execute our vision, as we had a very compressed timeline.”
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 square feet of state-of-the-art distribution facilities.
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VanTrust Leases New Albany Facility to Hims & Hers.
Company to open in-house distribution and fulfillment center, creating 500 new jobs in Central Ohio. Just months after completing a 302,880-square-foot facility in New Albany, VanTrust Real Estate is pleased to announce that the entire building has been leased. Hims & Hers, a direct-to-consumer digital health and wellness company, has chosen the New Albany location for a …
Jenna Borcherding, featured in the Commercial Executive Magazine
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