Artemis Real Estate Purchased North Las Vegas Warehouses

The $190 million deal involves two industrial facilities in the Apex Industrial Park.

Updated on Oct. 14, 2026 in Commercial

Artemis Real Estate Purchased North Las Vegas Warehouses

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Artemis Real Estate Partners acquired two industrial buildings in North Las Vegas for a total of $190 million in September 2026. The transaction includes 1.2 million square feet of warehouse space leased to DHL along Interstate 15.

Why it matters

This significant investment in the Apex Industrial Park underscores the continued demand for large-scale logistics infrastructure in Southern Nevada. The deal completes the exit of developer VanTrust Real Estate from these specific holdings as they look for future regional projects.

The transaction closed in September 2026 for two industrial buildings totaling 1.2 million square feet of space. The two facilities sold for $118.2 million and $74.2 million, respectively, bringing the total acquisition cost to $190 million.

The players

Artemis Real Estate Partners

A Washington, D.C.-based investment firm that manages institutional capital across diverse property sectors including industrial, multifamily, and office.

VanTrust Real Estate

A full-service real estate development company that specializes in the acquisition and construction of large-scale industrial parks and logistics centers.

DHL

A global logistics and supply chain provider that operates as the primary tenant for the acquired warehouse facilities in North Las Vegas.

The details

Artemis Real Estate Partners acquired the two warehouse facilities from developer VanTrust Real Estate. The properties are strategically positioned along Interstate 15, approximately 20 miles from the Las Vegas Strip, and currently house operations for DHL. This sale marks the divestment of VanTrust Real Estate’s remaining holdings within the Apex Industrial Park development site.

The sale of the two industrial buildings officially closed in September 2026.

The Home Front

This transaction aligns with broader regional trends of increased industrial absorption near major logistics arteries like Interstate 15. It reflects a continued institutional preference for large-scale distribution space in the Southern Nevada market.

Residents should anticipate continued heavy vehicle traffic along the Interstate 15 corridor as logistics activity remains high at the Apex Industrial Park. Property owners near industrial zones can track long-term zoning and infrastructure updates through the City of North Las Vegas planning portal.

The takeaway

Large-scale industrial sales often signal a shift in long-term logistics capacity and employment density for nearby areas. Homeowners in proximity to major transit corridors should monitor city planning meetings for future expansion or infrastructure projects.