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Harsch Expands Henderson Commerce IV

HENDERSON, NV-The Portland, OR-based real estate firm's local executive tells GlobeSt.com the 250,000-sf expansion will include more office build-out than was included in the first phase.

By Brian K. Miller | Updated on December 29, 2006

(To read more on the industrial market, click here.)

HENDERSON, NV-Henderson Commerce Center IV will be expanded by 250,000 sf in 2007. The developer, Harsch Investment Properties of Portland, OR, will break ground in early 2007 and complete the work by the end of the year. As it currently stands, the development totals 360,000 sf and is about 80% leased.

John Ramous, Harsch’s regional vice president in Vegas, tells GlobeSt.com that expansion will consist of five new buildings ranging from 35,000 sf to 60,000 sf with 20-foot to 24-foot clear heights. While the first phase consisted mostly of mid-bay and distribution product, the latest phase will offer smaller, light industrial and office suites. Many of the units will be finished on a speculative basis with office build-outs ranging from 25% to 100% and unit sizes from 750 sf to 10,000 sf.

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