Developer breaks ground on new industrial project in Henderson

by · Las Vegas Review-Journal

Las Vegas developer Jeff LaPour has started construction on a new warehouse project in Southern Nevada, with plans for more in the works.

His namesake real estate firm announced this month that it broke ground on a roughly 146,000-square-foot industrial complex in Henderson called Black Mountain Commerce Center. The project site is at the southwest corner of Warm Springs and Eastgate roads, near Interstate 11.

Construction is expected to be finished in the first quarter of 2027.

Southern Nevada is packed with warehouses, but LaPour’s project is different from others in a key way. He is developing an industrial condo complex, meaning he is selling individual units.

According to the news release, units for sale range from 21,125 square feet “up to a full building opportunity.”

By comparison, warehouse developers in Southern Nevada routinely lease space in their buildings to tenants and then sell the properties to new landlords.

In the news release, LaPour’s firm said that owning space in the complex would let businesses build equity, have predictable occupancy costs, and gain potential tax advantages.

This isn’t the first industrial condo project locally in recent years.

Canadian developer Ryan Beedie broke ground in 2022 on a warehouse complex just north of Sunset Road between Buffalo Drive and Tenaya Way, in the southwest Las Vegas Valley, with plans to sell units to individual buyers.

A brochure for the project, Pioneer Business Center, shows that the first building is sold out and that a “limited number” of units are available in the second building.

LaPour is a longtime developer in Southern Nevada, with a portfolio that includes industrial, office and hotel projects. More buildings are on the way.

According to the recent news release, he is scheduled to break ground in the fourth quarter of this year on a roughly 56,670-square-foot industrial building near Nellis Air Force Base.

He also plans to start construction on a three-building industrial park in Henderson in late 2027.