Las Vegas Motor Speedway $54 Million Commerce Center II Completed
Friday, February 9th, 2007
Las Vegas Motor Speedway real estate $54 Million Speedway Commerce Center II completed construction by Harsch Investment Properties. The Speedway Commerce Center adds 523,000 square feet of Speedway submarket of industrial warehouse space.
The Speedway Commerce Center is 1.4 million square foot, 95 acre, purchased from Bruton Smith of Speedway Motorsports in 2001 for $44 million. The primary tenant is Shelby Automobiles with 140,000 square feet.
Harsch in Las Vegas, Nevada expects to receive later this month the certificate of occupancy for eight buildings. TWC Construction was general contractor. They also built Henderson Commerce Center and Cheyenne Commerce Center and for Harsch.
Harsch has purchased Las Vegas, Nevada real estate for the past 10 years totaling 6.5 million square feet. There is also industrial space of 1 million square feet. They purchased this Las Vegas real estate for $32 a square foot.
This is a different commercial product type from Speedway I.


Stardust Las Vegas real estate set for mid March implosion to make way for the luxury resort