Intercontinental Real Estate Corporation has acquired a fully leased 147,000-square-foot class A warehouse and distribution facility in the Las Vegas submarket of Henderson, Nev.
Built by the seller, an Irvine, Calif.-based real estate development company, the newly constructed concrete tilt-up building at 11500 Bermuda Road has immediate access to I-15, I-215 and US-95, the primary north/south and east/west arterials in Las Vegas. Situated on a 38-acre site, the building features 36-foot clear heights, 14 dock-high and 12 drive-in doors. The property is 100 percent leased to a multi-national ecommerce retailer as a last-mile delivery facility.
In the past six months, Intercontinental has added last-mile delivery facilities in California, Colorado, Florida, Maryland and now Nevada to its growing portfolio of 31 million square feet of commercial and industrial space.
For the first half of 2021, consumers spent $408 billion through digital sales representing a
