Tuesday, June 22, 2010

Reno/Sparks a Regional Distribution Hotspot

J. Michael Hoeck, SIOR Industrial Specialist
Posted by: J. Michael Hoeck, SIOR
Industrial Specialist
775 336 4621

Mike began specializing in industrial brokerage with Colliers International in 1999, and in May 2005, joined Alliance Commercial as a Partner and as Vice President of its Industrial Properties Group. In May of 2007 Alliance Commercial became NAI Alliance and Mr. Hoeck became a Senior Vice President.

Many people don’t know that when looking at distribution points the Reno/Sparks area is located within a 500 mile radius of 16% of the US population. That’s the highest percentage west of the Rockies (tied with Las Vegas). In comparison Phoenix is 12%, Orange County 15%, San Jose 13% and Salt Lake, Denver, Seattle and Portland are all under 9%.

That’s probably also why there are more square feet of warehouse space per capita than anywhere else in the country.

No comments: