With 1.6 million square feet of speculative construction, planned or currently under construction, Reno looks to have a record breaking year adding new state-of-the-art facilities to our industrial base.
Currently under construction, Panattoni is building a 200,000sf facility in the North Valleys, along with Dermody’s 224,640sf and 402,320sf buildings. While KTR is building 566,785sf in the Tahoe Reno Industrial Center (TRIC). Conco recently completed a 300,000sf expansion in TRIC, with another 678,750sf building planned.
Also planned, is an additional 707,660sf facility in the North Valleys, a 855,000sf building west of town, and two buildings in TRIC of 694,640sf and 80,000sf.
Build-to-Suit construction is also underway – with Tesla’s initial 1,000,000sf in TRIC (by Portofino), and PetCo’s 771,000sf in the North Valleys (by Panattoni). Battery Systems recently occupied a 200,000sf new built-to-suit facility in TRIC.