Artemis Real Estate Acquired Industrial Hubs
The firm purchased two North Las Vegas industrial buildings for a combined $190 million in September 2026.
Updated on Oct. 14, 2026 in Commercial
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Artemis Real Estate Partners completed the acquisition of two industrial facilities in North Las Vegas for $190 million in September 2026. The 1.2 million-square-foot property portfolio was sold by developer VanTrust Real Estate.
Why it matters
The deal represents the final divestment of VanTrust Real Estate holdings within the Apex Industrial Park. The transaction highlights the significant industrial real estate investment activity occurring along the Interstate 15 corridor.
The two industrial properties encompass a total of 1.2 million square feet. They are situated 20 miles from the Las Vegas Strip along Interstate 15.
The players
Artemis Real Estate Partners
An investment firm headquartered in Washington, D.C., that focuses on acquiring commercial real estate assets.
VanTrust Real Estate
A full-service real estate development company that served as the developer and seller of the Apex Industrial Park properties.
DHL
A global logistics and courier company that serves as the tenant for the acquired warehouse facilities.
The details
The transaction involved two separate purchases, with the larger facility costing $118.2 million and the secondary building priced at $74.2 million. The warehouses are currently under lease to DHL.
Timeline
The sale of the industrial buildings closed in September 2026.
Culture Shift
This acquisition follows the established pattern of high-value industrial asset consolidation within the North Las Vegas logistics cluster. It reflects the broader industrial real estate development boom along the Interstate 15 corridor.
The transition in ownership of these major warehouse facilities maintains the ongoing presence of large-scale logistics operations in the area. Residents may see continued heavy vehicle traffic near the Interstate 15 access points serving the Apex Industrial Park.
The takeaway
Large-scale industrial acquisitions in the North Las Vegas region continue to reshape the local commercial real estate landscape. Investors monitoring this sector should track how changing ownership impacts regional logistics capacity and property valuations.
Further reading
For more on local market trends, visit Commercial.
Source note: This article includes information reported by Las Vegas Review-Journal.
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