Renault, Nev. – Nuveen Real Estate has purchased an industrial portfolio for a total value of 497 875 square feet in Renault for an undisclosed price. Situated next to Reno-Taho International Airport, the five-build portfolio is currently renting.
By covering 27 acres, the portfolio is located at 4681 and 4689 Aircenter Circle and 4745, 4855 and 4980 Longley Lane. The buildings range from 19,000 square feet to 153,000 square feet and offer 24 feet to 25 feet of transparent heights, 68 doors with high doors, 11 doors at class level and enough power.
Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan of Cushman & Wakefield’s National Iag – West Team, in Collaboration with Will Strong eam, represeed the an undisclosed seller.