By james art 
Cushman & Wakefield has announced that the members of its National Industrial Advisory Group (IAG) have been the sale of an industrial portfolio for filling a total value of approximately 497 875 square feet in five buildings in Renault, Nev. Situated next to Reno-Taho International Airport, the portfolio is currently 100 percent leasing. Nuveen Real Estate has acquired an asset for an undisclosed price.
The Cushman & Wakefield – West Team national IAG in collaboration with the IAG – Mountain West national team is the seller.
“The Reno Industrial Portfolio is an institutional asset strategically located in the northern Nevada with the airport adjacent,” says Jeff Chia, a Cushman & Wakefield executive chairman. “Its contemporary characteristics and functionality of buildings, as well as a strong potential for renting and marker to the market, make the portfolio an excellent investment opportunity for the new owner. In addition, a limited industrial inventory in Reno makes