Southwest Las Vegas $7.5 million industrial project, San Tico, seeing steady progress

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Project from developer Brass Cap Development is scheduled to be completed September 2019

 

LAS VEGAS (June 20, 2019) – SanTico, a new $7.5 million industrial project in Southwest Las Vegas developed by Brass Cap Development continues to make steady progress.

SanTico, located at 6425 Santa Margarita Street near the northeast corner of Sunset and Rainbow, offers +/- 40,000 square feet of industrial mid-bay space divisible to two +/- 20,000 square foot buildings on 2.5 acres. The buildings are adjacent to the newly constructed headquarters for the Greater Las Vegas Association of Realtors.

“SanTico is moving along very nicely. Walls are being tilted, and the building is definitely beginning to take shape,” said Mike Chernine, partner at Brass Cap Development.

SanTico is being built by LM Construction Company and is expected to be completed by September 2019. Realcomm Advisors Brokers, Michael DeLew, SIOR, and Greg Pancirov, SIOR, have been brought on to handle the sale of the project as tenant availability remains.

Chernine adds, “There is an unmet demand for small industrial buildings for sale in the Southwest; this project will look to contribute towards the limited supply.”

About Brass Cap Development

Brass Cap Development, founded in 2015, specializes in industrial investment, development, consulting, and management services in Southern Nevada as well as other Western states. They are currently developing industrial projects in Boise, Reno, St. George, and Salt Lake City. Tim Castello, Mike Chernine, Jason Kuckler and Larry Monkarsh, the principals of the Company, are all veterans of real estate development. Brass Cap’s bailiwick consists of site selection, entitlements, site plans and design, schedules, budgets, and full development services. Brass Cap Development is focused on speculative development, build to suits and fee development projects. For more information, visit brasscap.com.

 

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