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A Division of Cultivate Ventures
Commercial
Sector:
Las Vegas, NV
Location:
July 2019
Investment Date:
1700 Industrial Road
PROJECT HIGHLIGHT
INVESTMENT SNAPSHOT
Future AUM:
$20 M
An adaptative reuse qualified opportunity zone investment developed a 64,000 sq. ft. industrial warehouse into a 600-unit industrial self-storage facility - owned and operated by our sister company 1700 Industrial Self Storage. The investment provides a single class of preferred equity and a separate class for hybrid preferred tax benefit investments, offering potential tax advantages and preferred returns for investors.
Project Status
Completed
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