Industrial Realty Group in November 2020 purchased the Western Nevada Rail Park east of Fernley to construct a major railroad freight operations and commerce center site.
Los Angeles-based Industrial Realty Group, LLC, recently announced it completed installation of an additional mile of rail track and improvements to the existing infrastructure at the 224-acre Western Nevada Rail Park site in Fernley.
With the new extension of 5,000 feet, the site now includes over 7,000 linear feet of track, according to a Nov. 1 press release.
“IRG’s investment expands the existing rail operations on site providing additional staging, storage and transloading areas. We’re preparing for immense growth,” Justin Lichter, Vice President with IRG, said in a statement. “Our team has been in discussions with multiple tenants eager to join the site as we continue to expand our Western Nevada Transload business venture.”As part of IRG’s strategic plan, Storey County trucking company Western Nevada Transload will operate a a full-service rail facility site and expand services, including “switching, transloading and storage of multiple commodities,” per the Nov. 1 release.
“Western Nevada Transload is excited about the opportunities to continue to expand the rail park and its operations,” said Lichter.IRG acquired the rail park last November
in what was described an "exciting, new venture in the dynamic city of Fernley."
The Fernley site, previously known as Black Gold Terminal, is located at 11000 Reno Highway and sits along U.S. Highway 50. It’s served by two Class 1 freight railroads: Union Pacific Railroad and BNSF Railway.
According to the release, IRG’s long-term master plan for the site features “development land for build-to-suit opportunities and outside storage/yard space, 24/7 rail transloading, and an existing switch with rail infrastructure.”