RENO, NV-HFF has closed the sale of 9085 Moya Boulevard, a 336,000-square-foot, class A bulk distribution warehouse here.
HFF co-brokered the sale with NAI Alliance on behalf of the seller, Panattoni Development Company. KTR Capital Partners, LLC purchased the asset for an undisclosed amount free and clear of debt.
The property is situated on 17.46 acres within the Red Rock Business Center along US Highway 395 just north of the Interstate 80 interchange. Completed in 2001 and currently 90% leased, 9085 Moya Boulevard is a crossdock building, which features 30-foot ceiling heights, 130-foot truck courts and 42 loading docks with the capability to add 34 additional doors.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
