We are pleased to announce Artemis' $192.4 million acquisition of two Class A industrial facilities in North Las Vegas, Nevada in partnership with DIV Industrial.
“This acquisition underscores Artemis’ continued conviction in the long-term fundamentals of the U.S. bulk industrial sector, and we are excited to expand our presence in one of the Southwest’s most dynamic industrial markets,” said Jonathan Rainford, a Managing Director at Artemis Real Estate Partners.
Strategically located within Vantage North Logistics Park along the I-15 corridor, the two recently completed properties total 1.2 million square feet and are fully leased to investment-grade tenants:
• Vantage I: Acquired for $74.2 million, the 446,000-square-foot facility features modern logistics specifications.
• Vantage III: Acquired for $118.2 million, the 764,000-square-foot facility features extensive trailer storage and 12,000 amps of power, providing infrastructure to support the evolving needs of large-scale industrial, technology and data center-oriented users.