Westport Properties will begin construction in Q1 of 2023 at the corner of Volunteer Boulevard and Chapparal Street in Henderson, NV.
HENDERSON, Nev., Dec. 6, 2022 /PRNewswire-PRWeb/ -- Westport Properties, a premier owner/operator of industrial, self storage and multifamily assets nationally, has announced plans to develop a new industrial facility on a recently acquired land parcel in Henderson, Nevada.
Westport Properties will begin construction in Q1 of 2023 on a 67,400-square-foot single tenant industrial building located at the corner of Volunteer Boulevard and Chapparal Street in Henderson. The building will feature 32-foot clear height, secured truck court, ESFR sprinklers, six dock doors, and 3,000 square feet of office space. Completion of this building is scheduled for Q4 of 2023, Amy Ogden of Logic Commercial Real Estate will oversee leasing of the single tenant building.
"This is our second development in the West Henderson submarket in 2022. We are committed to growing our portfolio through development and delivering unique investment opportunities to our capital partners," said Charles Byerly, CEO of Westport Properties. "Westport Properties will continue development across the great Las Vegas market where vacancy rates remain extremely low and lease rates continue to rise. Westport's focus is on the Western United States, in low vacancy markets, where we can provide state-of-the-art industrial buildings for users and owners. We are pleased to close 2022 with a record amount of developments for our company, we are poised to deliver additional investment opportunities to our capital partners in 2023."
About Westport Properties
Founded in 1985, Westport Properties ("WPI") is an owner-operator of self storage, multifamily and industrial properties across the United States. The Company is a fully integrated operator that develops, acquires and manages its portfolio as well as providing third-party management services. As of January 2022, WPI has approximately 12 million square feet of self storage space under management and its total assets under management is approaching $2.7 billion with its US Storage Centers brand as well as over 750 multifamily units in two states while employing over 600 people nationwide. WPI is a founding partner of the 501(c)3 Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)3 that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $13M and Charity Storage has raised over $500K.
Media Contact
Jason Lopez, Westport Properties, 949-748-5919, [email protected]
SOURCE Westport Properties
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