3/26/2008

Trammell Crow acquires 104 acres in Tahoe-Reno Industrial Center

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Trammell Crow Company has acquired 104 acres of land within the Tahoe-Reno Industrial Center in McCarran, Nev., on behalf of Multi-Employer Property Trust (MEPT), a commingled real estate equity fund.

The Tahoe-Reno Industrial Center, advertised as the world's largest industrial center, is located eight miles east of Reno/Sparks at 2550 Waltham Way. Phase One of the property contains 6,000 acres and is currently occupied by tenants such as Wal-Mart, Royal Sierra Extrusions, APL Logistics, ALCOA Sierra Micromill, Duraflex and Hardie Building Products, a manufacturer of concrete board used under tile and other masonry work.

In December 2007, MEPT purchased two bulk distribution buildings totaling more than 800,000 square feet in the Tahoe-Reno Industrial Center.

Address: 2550 Waltham Way, Reno, Nev.

Size: 104 acres

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Filed Under: Land

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