Commercial Real Estate 03-03-26

Aerial shot of industrial campus in south Reno
Credit: ConnectCRE

Sales Transactions

1. AEW Capital Management acquired the South Reno Industrial Portfolio, a three-building industrial campus totaling 392.9KSF at 12910, 12920 and 12930 Old Virginia Road in Reno fromWHI and McKenzie Properties. The portfolio spans nearly 20 acres and was 92.1% leased at the time of sale. The campus’s A, B and C buildings are 126.9KSF, 124.6KSF and 141.4KSF, respectively. Cushman & Wakefield’s Will Strong, Michael Matchett, Molly Miller, Jack Stamets, Madeline Warren, Jeff Chiate, Rick Ellison, Matthew Leuopold, Aubrie Monahan, Mike Nevis and Shawn Jaenson represented the sellers and procured the buyer. The property sold for $83.2M.

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