EBS Realty Breaks Ground on Apex Ridge Logistics Park in North Las Vegas

Campus to Bring More Than 1.3 Million Square Feet of Class A Industrial to Market

EBS Realty (EBS), a Southern California-based industrial real estate investment, development, and management platform, and its investment partner, Penwood Real Estate Investment Management, have started construction on its two-building logistics park called Apex Ridge Logistics Park in North Las Vegas. The campus as planned will total more than 1,358,005 square feet of space.

“Apex Ridge represents a significant milestone for EBS Realty Partners as we continue to deliver premier industrial assets in one of the West’s most dynamic logistics corridors. This modern industrial park will provide state-of-the-art, class-A space to North Las Vegas’ Apex submarket—positioned perfectly to meet the growing demands of e-commerce, manufacturing, and distribution,” said EBS Principal and Co-Founder Quinn Johnson.

EBS is developing the entire park on spec. The buildings are flexibly designed to cater to a broad range of potential users, that may include e-commerce, manufacturing, and distribution.

North Las Vegas Mayor Pamela Goynes-Brown shared, “We are excited to welcome EBS Realty and Penwood Real Estate Investment Management to North Las Vegas. They are a great fit for our Apex Industrial Park and bring exactly the kind of job-creating investment our community has been building toward.”

She added, “Over the past decade, the City has worked hard to create a business environment that is responsive, collaborative and hungry for exactly this kind of investment, and today’s groundbreaking is proof that it’s working. When the logistics hubs are ready to open their doors, the City of North Las Vegas will be there to connect future employers with the local talent this community has to offer.”

The more than 90-acre class A industrial campus will encompass two buildings at 755,628 square feet and 602,377 square feet. The project is located within the Apex/North Las Vegas submarket, the growing epicenter of e-commerce/logistics within the southwest Nevada region. Its strategic location provides quick access to the I-15 freeway via Las Vegas Blvd. Corporate neighbors already include Smith’s-Kroger, Air Liquide, DHL, and Crocs.

North Las Vegas has captured the interest of developers for many reasons. The area benefits from proximity to a great labor pool supported by a business-friendly environment. For this reason, the city has gained from phenomenal growth and investment. Over the past ten years, the city has recruited companies to North Las Vegas that created more than 63,000 new jobs.

Apex Ridge, when completed, will provide a significant increase to EBS’ expanding list of successful industrial developments located across Southern Nevada. All told, EBS is currently delivering or advancing more than 2.6 million square feet of class A industrial space across eleven projects.

About EBS Realty Partners: Based in Southern California, EBS is a principal commercial / industrial real estate development company. Co-managed by Quinn J. Johnson, JD, and Patrick C. Remolacio, SIOR, CCIM, EBS has successfully developed facility types ranging from state-of-the-art commerce and last-mile logistics warehouse facilities to industrial business parks, temperature-controlled food facilities, and specialized manufacturing and processing plants. The company’s commitment to operating in a persistent state of value engineering and risk management continues to set it apart. www.ebsrp.com