Home About Warehouse Leasing For Owners Market Insights Case Studies Contact

Las Vegas Industrial Real Estate Advisor

Jason
Helliwell

Industrial Real Estate Advisor

Helping warehouse owners, investors, developers, and tenants navigate the Las Vegas industrial market with precision, experience, and integrity. 100% industrial — no office, retail, or multifamily.

Industrial 101

NNN lease: tenant pays a share of property taxes, insurance, and common area maintenance on top of base rent.

20+
Years in Las Vegas CRE
$100M+
Transactions Completed
3
Specialist Practices
1k+
Clients Served
Jason Helliwell, Las Vegas Commercial Real Estate Advisor
20+ Years Experience

Southern Nevada's Commercial Real Estate Specialist

With over 20 years in Las Vegas commercial real estate, I've built my practice through one of the most dynamic periods in Southern Nevada's history — spanning the city's explosive growth, the GFC, and the extraordinary post-pandemic expansion of the industrial market.

Originally from the UK, I built my practice here from the ground up. That outside perspective — combined with deep local market knowledge — is what I bring to every client. I understand both why Las Vegas attracts capital from across the globe, and exactly where that capital should go once it arrives.

The practice is 100% industrial — no office, retail, or multifamily. That focus is deliberate: knowing every industrial park, vacancy, rental rate, sale comp, zoning regulation, truck route, and loading configuration in Las Vegas isn't possible while splitting attention across other asset classes.

I think in decades, not transactions. Every relationship — with a warehouse owner, an investor, a developer, a growing business — is built to lead to repeat leasing, acquisitions, dispositions, expansions, and referrals over many years, not a single closing.

You work directly with me. No junior associates, no handoffs.

Warehouse Leasing Industrial Acquisitions & Dispositions Tenant Representation Investor Advisory Industrial Properties Market Intelligence North Las Vegas West Strip Flex

License #S.0175415  ·  Elite Realty  ·  Las Vegas, Nevada

One Asset Class. Total Focus.

No office. No retail. No multifamily. Every hour goes into knowing the Las Vegas industrial market better than anyone else working it.

Industrial Acquisitions & Dispositions

Representing warehouse owners, investors, and developers through sales, purchases, and 1031 exchanges across every industrial submarket in Las Vegas — backed by current comps, zoning knowledge, and direct relationships with the buyer and seller pool.

Built on decades-long relationships, not one-off transactions →

Get a Property Snapshot

Warehouse & Industrial Leasing

Helping businesses secure warehouse, industrial, and flex space across the Las Vegas Valley — particularly the West Strip corridor. Spaces from 2,000 to 5,000 SF with direct landlord relationships, competitive NNN terms, and fast placement.

Real units, real pricing, updated weekly →

Search Warehouse Space

Industrial Market Intelligence

Vacancy, rental rates, sale comps, zoning, truck routes, and loading configuration — knowledge of every industrial park in the Las Vegas Valley, kept current through daily prospecting and boots-on-the-ground work, not secondhand data.

A direct conversation, not a canned market report →

Ask a Question
Aerial view of Las Vegas industrial park

The Right Space Is a Business Decision

Where your business operates shapes more than your bottom line — it affects how you attract good people, how efficiently your team works, and whether your space can grow with you. The right industrial space goes beyond square footage: truck access, power capacity, clear height, and zoning all matter.

Aerial view of completed warehouse buildings near Cheyenne, Las Vegas

Master the Art of Rethinking Space

Companies need, more than ever, to plan for uncertainty amid constantly shifting supply chain and operational demands. What does that mean for your warehouse footprint — and how your business actually uses it? Let's dig in.

Built on Expertise, Not Marketing

Local Expertise

Corridor-level understanding of Southern Nevada's commercial markets built through years of boots-on-the-ground work — from the West Strip to North Las Vegas's Rancho/Losee/Cheyenne-Craig corridor.

Strategic Negotiation

Focused exclusively on maximising client outcomes through preparation, market data, and experienced negotiation — whether securing lease terms or extracting full value from a sale.

Market Intelligence

Data-backed recommendations drawn from real-time market tracking and proprietary submarket analysis — so every recommendation is grounded in current fact, not outdated assumptions.

Long-Term Relationships

Building partnerships that extend beyond a single transaction. Clients from the 1990s still call first — because trust is earned through consistent, honest counsel, not commission-driven recommendations.

What's your building actually worth right now?

Most owners get their first real read on value when a broker shows up asking to list their building. I'd rather show you first — no commitment, no pressure.

I work the tenant side of industrial leasing every week across Las Vegas — which means I see who's actively looking for space, what they're willing to pay, and where the real demand is before it ever shows up in a market report. That's a different vantage point than most listing brokers have, and it's useful whether you're thinking about selling, leasing up a vacancy, or just want to know where you stand.

Recent comparable sales in your submarket and size band

Current vacancy and demand context for your building type

Whether tenant demand right now favors a quick lease-up or a sale

Directional Snapshot

Est. value range

Median $/SF, submarket

Submarket vacancy

Typical time on market

Based on tenant searches Jason is actively working in this size range and submarket.

This is a directional read built from submarket-level data. Industrial pricing varies a lot building to building — for a real number, I'll personally pull the closest comps to your address and walk you through what they mean. Free, no obligation, about 10 minutes.

Get My Personalized Comp Pull

20+ years in Las Vegas commercial real estate · Direct access to Jason, no junior associates

Real Deals. Real Outcomes.

A sample of transactions where market knowledge and precise placement made a measurable difference.

Industrial distribution warehouse in the Las Vegas desert

Pharmaceutical Distribution

California Operator Cuts Tax Bill & Rent in One Move

Relocated from Commerce, CA

A licensed pharmaceutical distribution company operating from a 12,000 SF facility in Commerce, California was paying $22.40/SF/YR plus California's 8.84% corporate tax and 13.3% personal income tax on owner draws. With distribution routes already covering the Southwest, Las Vegas was the logical hub.

Jason placed them in a 14,000 SF West Strip unit with 400A 3-phase power, temperature-controlled storage, and a secure access system — at $15.60/SF/YR NNN. The Nevada tax position eliminated over $180,000 in annual state tax liability for the principal shareholders.

$180K+
Annual Tax Saving
$98K
Lower Rent/Yr
6 wks
Move Complete
Aerial view of a Las Vegas logistics and distribution campus

E-Commerce Fulfilment

Brooklyn Brand Cuts Occupancy Cost by 40%

Relocated from Brooklyn, NY

A New York-based e-commerce brand fulfilling 800+ orders per day from a 9,000 SF Brooklyn warehouse was facing $28/SF/YR rent, a 6.5% New York corporate tax rate, and rising labour costs. The owner had been advised by an accountant that a Nevada entity could save the business significantly — but needed the right space first.

Jason secured them Suite 202 — 9,700 SF, full build-out with a front office, two grade-level doors for simultaneous loading and dispatch, and high-speed fibre available in the building. Total occupancy cost dropped by over 40% compared with Brooklyn.

40%
Lower Occupancy Cost
$0
Nevada Income Tax
9,700 SF
Full Build-Out
Industrial flex space entrance in Las Vegas

Custom Fabrication

Fabrication Shop Doubles Headcount After Right-Sizing

Expanded from Henderson to West Strip

A custom metal fabrication business outgrew their 3,500 SF Henderson unit and needed 3-phase power, serious clear height, and room for a CNC machine, welding bays, and a small showroom. Available industrial stock in Henderson had dried up and quotes were coming in above $18/SF.

Jason matched them to Suite 108 — 7,500 SF with 400A 3-phase, 14' clear height, full build-out including a front showroom and separate office, at $14.88/SF/YR. The business doubled its headcount within 12 months of moving in.

7,500 SF
New Facility
400A
3-Phase Power
Headcount Growth

Lease Negotiations & Tenant Representation

A snapshot of recent lease negotiations where preparation and market leverage delivered measurable savings for clients.

Case Study 01

Restaurant Lease Negotiation

ClientLocal Mexican Restaurant
Property TypeRetail / Restaurant
Size3,000 SF
LocationSouthwest Las Vegas
ChallengeSecure a new location while minimising build-out costs

Result

Negotiated a 5-year lease with over $70,000 in tenant improvement (TI) allowances, significantly reducing the client's upfront build-out costs.

Case Study 02

Pharmaceutical Company Relocation

ClientPharmaceutical Company
Property TypeManufacturing & Distribution
Size50,000+ SF
LocationLas Vegas (relocated from New York)
ChallengeRelocate manufacturing operations cost-effectively to Nevada

Result

Negotiated rent concessions, building maintenance concessions, and a free rent period — a total negotiated value of more than $1.7 million for the client.

Case Study 03

Warehouse Lease Negotiation

ClientFlooring Wholesaler
Property TypeWarehouse / Distribution
Size7,000 SF
LocationNear Allegiant Stadium, Las Vegas
ChallengeRelocate distribution operations from California cost-effectively

Result

Negotiated a reduced rental rate per square foot plus a free rent period, saving the client more than $117,000 over the lease term.

Las Vegas Industrial Market Insights

Analysis, data, and perspective on the Southern Nevada industrial real estate market.

Industrial

Las Vegas Industrial Market Report: Vacancy, Rents & Outlook

A comprehensive review of industrial performance across Las Vegas submarkets — absorption rates, asking rents, and where the market is heading as new product delivers.

Market Analysis · Jason Helliwell

Industrial

Warehouse Vacancy Trends: West Strip vs. North Las Vegas

Industrial vacancy in Las Vegas remains tight. A submarket-by-submarket breakdown of available square footage, asking rents, and absorption across key industrial corridors.

Market Data · Jason Helliwell

Leasing Guide

The Complete Industrial Leasing Guide for Las Vegas Businesses

Everything a business owner needs to know before signing a warehouse or flex lease in Southern Nevada — from zoning nuances to NNN expense structures and lease negotiation tactics.

Educational · Jason Helliwell

Investment

Cap Rate Analysis: What Las Vegas Industrial Properties Are Trading At

Current cap rate benchmarks by submarket and building class for industrial assets — with context on how debt costs and buyer demand are shifting valuations.

Investment Analysis · Jason Helliwell

Market Outlook

Southern Nevada Industrial Investment Outlook: The Next 24 Months

Where opportunity is concentrating in Las Vegas industrial real estate — development pipeline, population growth dynamics, and the submarkets best positioned for near-term performance.

Outlook Report · Jason Helliwell

Economic Trends

Why Businesses Are Expanding Into Las Vegas: The California Exodus Effect

Nevada's tax advantages and lower occupancy costs are driving a sustained influx of California and New York businesses. What it means for industrial tenants and investors right now.

Economic Analysis · Jason Helliwell

Play Market Update

Latest Las Vegas Industrial Market Update

Regular video market updates covering industrial trends across Southern Nevada. Subscribe for timely intelligence on the warehouse and industrial markets that matter to your leasing and investment decisions.

Each update covers current vacancy data, recent transactions, rental rate movement, and emerging opportunities across key Las Vegas industrial submarkets.

Subscribe on YouTube

Let's Talk Commercial Real Estate

Whether you're buying, leasing, investing, or exploring opportunities — let's discuss your goals and build a strategy that works.

Get In Touch

Direct access to Jason. No junior associates, no call centres.

helliwellcre@gmail.com 702-863-6001
Las Vegas, Nevada
Elite Realty  ·  License #S.0175415
J

Tenant, owner, or investor?Tap to ask Jason's assistant

J

Jason's Assistant

● Online now
Hi! I can help whether you're looking to lease industrial space, you own a property and want a valuation, you're an investor or developer, or you've got a general industrial real estate question. What brings you here?