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May 18, 2024
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Lincoln Property Company Locks Up 562k sf of Pre-Leasing at 1.6 msf North Las Vegas Industrial Development

4/25/24

Lincoln Property Company has secured 561.7k sf in pre-leases at Windsor Commerce Park, a 1.585 msf industrial development in North Las Vegas. The commitments bring the company’s first-ever ground-up industrial endeavor in the state of Nevada to more than 35% pre-leased, approximately ten months before the project is scheduled to complete.

Through pre-lease commitments, Lincoln has fully leased its largest building at Windsor Commerce Park, the 397.4k sf Building G, to a major HVAC supplier. The 296.4k sf Building A, located at 2750 Simmons St, is now 55% pre-leased to a worldwide e-commerce shipping specialist.

Located on 87 acres at the northeast corner of Carey Ave and Simmons St, directly across from North Las Vegas Airport, Windsor Commerce Park at build-out will consist of eight state-of-the-art buildings. All buildings are under construction now, with completion scheduled for Q1 2025. When finished, they will join more than 4.5 msf of industrial space already owned and managed by Lincoln in Nevada.

“Having tenants commit to Windsor Commerce Park well before construction is complete underscores the significant pent-up demand in Las Vegas for this kind of modern, Class A industrial product,” said David Krumwiede, Senior Executive Vice President at Lincoln. “It is also a testament to the quality of this development, which has been designed to offer tremendous flexibility meeting the broad needs of the market.”

Kevin Higgins, Garrett Toft, Jake Higgins and Kelsey Higgins from CBRE serve as the exclusive leasing brokers for Windsor Commerce Park and represented Lincoln in all lease transactions.

Buildings at Windsor Commerce Park range from 49.9k sf to 397.4k sf. The Class A project will feature the latest in distribution and fulfilment advantages, including up to 36’ clear height, rear loading and cross dock configurations, ESFR sprinkler systems, 2,000 amp to 4,000 amp capacity, and large clerestory windows providing sky views and offering shifting natural light within building interiors.

Lincoln is also incorporating speculative office suites into every building at Windsor Commerce Park, offering speed-to-market solutions for tenants of all types and sizes.

Windsor Commerce Park is visible from U.S. Route 95, with immediate access to the freeway and North Las Vegas Airport. It offers a direct connection to Reno and Northern California, and puts the Ports of Los Angeles and Long Beach within just over a five-hour drive.





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