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.