Clarion Partners has purchased the Golden Triangle Logistics Center, a Class A industrial portfolio in North Las Vegas, Nevada, for $205.6 million, according to published reports. The portfolio totals approximately 1.3 million square feet of distribution space and is positioned within a master-planned logistics setting in the North Las Vegas industrial corridor.
The Golden Triangle Logistics Center comprises three large-scale distribution facilities located at 2655, 2815 and 3375 E. Washburn Road in North Las Vegas. Together, the buildings span roughly 64.5 acres, providing a sizable, contiguous footprint geared toward regional and national logistics users.
At the time of the sale, the campus was reported to be 84% leased, reflecting established tenancy while still offering remaining availability for future occupants. The properties offer modern distribution specifications, including clear heights ranging from 36 to 37 feet, which support high-cube warehouse and racking configurations.
Building features also include ESFR sprinkler systems designed for enhanced fire protection, expansive truck courts to accommodate trailer maneuvering and staging, and 189 dock-high loading positions that support high-throughput distribution operations. The complex also offers a secured trailer storage yard, providing additional on-site capacity for fleet and trailer parking.
The logistics center benefits from direct access to Interstate 15 and the Clark County 215 Beltway, positioning tenants to efficiently reach major population centers across the Western United States. This regional connectivity underpins the portfolio’s role as a hub for distribution and fulfillment activity serving multiple western markets.
On the capital markets side, Newmark represented the seller, Washington Capital, in the transaction. Executive Managing Director Andrew Briner and Vice Chairman Ken White led the assignment on behalf of Washington Capital, while Newmark Co-Head of U.S. Capital Markets Kevin Shannon provided executive oversight for the deal.
Newmark reported that the sale of Golden Triangle Logistics Center is the largest industrial transaction completed in the Las Vegas metro since 2023. The combination of institutional ownership, large-scale modern facilities and strong interstate access underscores the ongoing investor focus on well-located logistics assets in the Vegas industrial market.
