About

About The Company

IndiCap specializes in ground up joint venture, development management and build-to-suit industrial projects from 50k to 1mm+ square feet. IndiCap currently has over 7 million square feet of industrial product in its development pipeline.

Our Story

IndiCap Inc. is a privately held industrial development company. Indicap works to create synergistic investment opportunities bringing together all the needed elements for each project, including land acquisition, financing, engineering, design and contracting. The company has become known for its ability to find market opportunities and assets in an early stage and bring them from concept, through development, to disposition.

Indicap is an investor and owner of commercial real estate. It primarily invests capital alongside its institutional and private equity partners to develop industrial projects and will also serve as a fee developer for clients and owner-occupiers.

Company founding principals Mike Chernine and Jason Kuckler are experienced industry leaders with long tenures at Panattoni Development, LandBaron Pension Investments, and Brass Cap Development.  The founders have collectively developed over 10M+ square feet of commercial real estate throughout the industrial, office, retail spaces including, Nevada Industrial Center, Executive Airport Crossing, Sprint Building, Cheyenne Industrial Center, Southwest Premiere and many more.  

The IndiCap principals collectively have almost 60 years of combined experience in overseeing design, construction, funding and development of commercial and large scale residential real estate projects. We are continuing to enhance our Company with top shelf industry specialists.


Indicap is based in Las Vegas, Nevada, and focuses on real estate opportunities in markets including Arizona, Colorado, Nevada, Texas and Utah.

Our Process

Development is Real Estate Alchemy.

One can take the blank canvas of a piece of property and create a functioning economic engine. We established IndiCap to build relationships, build projects and build wealth for all involved. Development is a trade that is constantly being honed; it is part sheet music/part jazz. No two projects are alike as each come with its own nuances and challenges. There is the science of the engineering, the art of architecture, the rhythm of market data of market data, the mathematical review of the financial model…all working orchestrally to produce a well-planned project. It is a common industry maxim that location is key to real estate success, but timing may be of equal significance. We are currently in an industrial revolution of our own and IndiCap intends on being a part of it. 

Who We Are

Our Team

With decades of combined industry experience, our team is made up of industry experts.