Mohr Capital has broken ground on a Tahoe-Reno Industrial Center, a 596,400-square-foot industrial property in McCarran, Nevada. The property is a massive contribution to the area, accounting for nearly half of the total industrial construction pipeline in the market.
Tahoe-Reno Industrial Center is a state-of-the-art property with 36-foot clear ceiling height, three access points, 96 dock doors, four drive-in doors, 374 car parking spaces and 100 trailer parking spaces and motion-sensor LED lighting. The property is on nearly 40 acres and is a cross-dock facility. In addition the property is located near a popular industrial hub, which includes PetSmart, Hobby Lobby, Tesla, Walmart and Zulily.
Mohr Capital has another industrial project under contract nearby in Fernley, Nevada. The firm is bullish on the market due to increased industrial demand, largely from California. California's limited supply and high rents have pushed companies east, and Nevada's low-tax rate has been a top choice for companies looking for new locations.
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