CapRock Partners has acquired a 12.95-acre industrial parcel in southwest Las Vegas. After successfully petitioning the rezoning of the site, CapRock Partners acquired the land from a local investment group for an undisclosed amount to develop a three-building industrial park totaling 230,000 square feet.
Situated at the junction of South Riley Street and W. Hacienda Avenue, the property sits amid residential neighborhoods and dispersed office buildings. Initially zoned for office development, CapRock Partners leveraged its development expertise to re-zone the site for industrial use. The firm worked closely with Clark County and the site’s neighbors to design three freestanding class A spec buildings with high-end finishes and an exterior façade that will seamlessly integrate with its surroundings. The property provides direct access to the 215 beltway and is minutes from luxury Southwest neighborhoods such as Summerlin, Nev., which was named the National Association of H
