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5/11/26
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A fully leased, 78.7k sf institutional-quality manufacturing facility in Reno traded hands in a recent $12.15 mil ($154/sf) transaction. The property, located at 4975 Energy Way, west of McCarran Blvd and south of I-80.
The property is secured by a long-term lease to ALS USA, a subsidiary of publicly traded ALS Limited. The lease extends through 2030, offering stable, predictable cash flow and income durability in a supply-constrained industrial market.
Situated on 3.31 acres, the facility features 24-foot clear heights, functional manufacturing specifications, and 37 on-site parking spaces. Its strategic location supports regional manufacturing and distribution operations and benefits from Reno’s continued emergence as a core Western U.S. industrial market.
The Colliers team of Mike Kendall, Greig Lagomarsino, Gian Bruno, Nick Mascheroni, Kenny Patricia, Scott Scharlach, Kylie Jones, Chris Fairchild, and Casey Scott represented both the buyer, a private investor, and the seller, Lowenberg Corporation. According to Colliers, investor interest in the asset was driven by its secured income stream, modern building features, and exposure to a market characterized by resilient tenant demand and long-term growth drivers.
The Reno industrial market recorded approximately 3.1 msf of net absorption during the first quarter of 2026, with an additional 1.9 msf of new product expected to be delivered by year-end. Despite new supply, vacancy remains historically low, and leasing activity continues to be supported by manufacturing, advanced technology, and logistics users seeking proximity to West Coast population centers at a relative cost advantage.
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