Wednesday, March 9, 2011

NAI Closes Pfizer Sale

On February 17th, the NAI Alliance industrial team closed on the sale of 1025 Sandhill Road. Brightpoint, Inc purchased the 263,924sf building from Pfizer Inc for $11,500,000. This deal makes a positive impact on the Reno/Sparks Industrial market and is the largest industrial user sale completed in the past 2 years. NAI represented Pfizer Inc and Jones Lang LaSalle represented Brightpoint, Inc.

If you have any questions on Industrial Real Estate in Northern Nevada, please give us a call at 775.336.4600.

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