Las Vegas, NV (June 18, 2019) — Las Vegas-based G2 Capital Development and LaPour Companies are pleased to announce their newest development project, Narrative. Narrative is a ±100,000 SF Class A office building located directly west of CreditOne Bank along the 215 beltway in the highly desirable Southwest Las Vegas submarket. Narrative represents the first true Class A Office development by private developers in Las Vegas post-recession.
“We look forward to creating an iconic building that will make a positive impact in our community and attract the type of tenants that will help take Las Vegas to the next level.” said Frank Marretti, Founder and Owner of G2 Capital Development.
Phase I will consist of a 4-story, state-of-the-art and design forward Class A office building and structured parking garage. The building will offer open floor plates and high ceilings allowing unlimited possibilities in workspace interiors for tenants. While still maintaining a connection to the outdoors through full height glass windows and terraces.
The Property is centrally located between the affluent Summerlin and Anthem/Green Valley master planned communities. Additionally, the Property offers convenient access to the Las Vegas Strip and McCarran International Airport in the city’s most desirable and best performing office submarket. This combined with the exceptional visibility from the 215 beltway and the accessibility of the Property from anywhere in the Las Vegas Valley make this project the only candidate for organizations seeking best-in-class office space. Ground breaking is set for September 1, 2019 with completion set for Summer 2020.
“We chose the location fronting I-215 near the Durango Interchange for our newest office offering because this is ground zero for the next wave of amenities being developed into a true live, work, play environment. Multiple high quality retail, entertainment and housing projects are either under construction or have been recently announced,” said Jeff LaPour President of LaPour Companies,” based on the early interest by companies seeking this type of space, It’s where everybody wants to be now.”
“For the last couple of years we have been making the case for developers to build new office space in the southwest sub-market and we are pleased to be working with G2 and LaPour on this new project. Preliminary interest has been strong. It is a big advantage that the project is shovel ready and can accommodate a Q2 2020 move in in the city’s tightest submarket. The Southwest Class A Office vacancy rate currently sits at 1.5% vacancy.” said Taber Thill Senior Vice President of Colliers international, the firm responsible for leasing the project.
To schedule an interview with an executive or for more information about G2 Capital Development, please contact Britni Hain at britni@g2capdev.com, 702-242-4211.
About G2 Capital Development
G2 Capital Development (“G2”) is a leading privately-owned commercial real estate development and investment firm based in Las Vegas. G2 is primarily a ground up developer, however G2 also provides a wide range of services that include investment offerings, advisory, brokerage, and asset management all across the Western United States. Founded by Frank Marretti, G2 has amassed a wealth of knowledge and experience across multiple real estate asset classes having developed, re-developed, purchased, financed, and brokered projects in excess of one billion dollars.
About LaPour Companies
Las Vegas based LaPour Companies (“LaPour”) is an opportunity driven real estate firm focused on industrial, office and hospitality investments and development in Nevada, Arizona, Colorado and California. LaPour Companies’ multi-product, 20-year development experience in the Southwest includes over three million square feet and 1,000 hotel rooms of development and acquisitions in addition to the entitlement and development of over 500 acres of vacant land.