Courtesy
Cushman & Wakefield announces the firm’s National Industrial Advisory Group has advised the sale of a freestanding 169,027-square-foot industrial building in Reno.
Located at 400 E. Parr Blvd., the Northern Nevada facility was acquired by an undisclosed owner/occupant in the kitchen and bath appliance industry for $20.5 million. The seller was Panattoni Development Co.
The property was previously tenanted by Sears Outlet Stores. Mike Nevis and Shawn Jaenson of Cushman & Wakefield represented the seller in the transaction.
They were joined by Will Strong, Molly Hunt, Michael Matchett, Jack Stamets, and Madeline Warren, along with Jeff Chiate, Rick Ellison, Matthew Leupold, and Aubrie Monahan.
For information, visit cushmanwakefield.com/en.