LAS VEGAS – Recent approval from the Clark County Commission paves the way for Miltson Consulting to proceed with the second phase of its Mountain West Industrial Park in the southwest part of Las Vegas.
Miltson Consulting owner Jonathan Schwartz said the second phase of the ongoing project will add 19.3 acres and another 352,000 square feet of industrial space to the overall development on Patrick Lane, just west of Rainbow Boulevard.
With the Clark County Commission approving a zone change on Nov. 21 enabling the project to move forward, Schwartz said construction on the second phase should start in late 2024 and be complete by late 2025.
Phase II tenants can lease spaces spanning from 7,150 to more than 110,000 square feet. When complete, the Mountain West Industrial Park will include more than 605,000 square feet of multi-tenant light distribution space on 36 acres of land.
“Occupancy rates for quality industrial developments like this are very high in the southwest part of town,” Schwartz said. “This development is designed to service high demand in this rapidly growing area of the Las Vegas Valley.”
CBRE’s Willmore Industrial and Logistics Team oversees marketing and leasing for Mountain West Industrial Park, which is just north of the 215 Beltway and about 9 miles west of Harry Reid International Airport.
“The expanding southwest submarket of Las Vegas has seen a constant and increasing demand for industrial space and is underserved for this type of product,” said Dean Willmore, executive vice president at CBRE in Las Vegas. “Future tenants at Mountain West Industrial Park will benefit from its functional design, nearby amenities, direct freeway access and our strong local workforce. It will feature best-in-class specifications, including dock-high and grade-level loading doors, 24-foot to 30-foot clear heights, abundant parking, heavy power and an ESFR sprinkler system.”
The first two buildings in the first phase of Mountain West Industrial Park are open and fully leased. Tenants include Mechanical Products Nevada, US Pharmatech Inc. and Spreadshirt.
About Miltson Consulting, Inc.
Miltson Consulting is a real estate development company and asset manager based in Las Vegas and focusing on retail, office and industrial projects. The company delivers complete solutions tailored to each design plan. Owned by Jonathan Schwartz, who has a background as an attorney and is a third-generation real estate developer, Miltson Consulting is committed to excellence in developing and redeveloping multi-tenant projects throughout Southern Nevada, using the latest and proven processes and an experienced team. His approach stems from his late father, Milton Schwartz, a well-known and successful business leader and serial entrepreneur who took pride in always doing the right thing in business, and in life.
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