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December 5, 2009

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Expansion set for business center

Tuesday, Oct. 5, 1999 | 10:50 a.m.

Koll Development Co. said it commenced construction on Phase Two of the Koll Business Center.

Located on South Valley View Boulevard, between Post Road and Hinson Street in the southwest Las Vegas Valley, the 40-acre industrial park will encompass 625,000 square feet of eight Class A buildings. Construction cost for the entire project is estimated at $50 million.

The project is being built in four phases and will offer multi-tenant buildings for showroom, warehouse, distribution and light manufacturing uses. Phase Two of the complex is set for completion in December. Koll says 90 percent of the industrial park's first phase is currently leased.

Koll expects build-out of the project by 2002.

Koll is based in Newport Beach, Calif., and has 18 offices throughout the United States and Asia.

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