Nevada

SPANISH SPRINGS, NEV. — Panattoni Development has released plans for 420 Ingenuity Ave., a Class A industrial building at the 594-acre, master-planned Spanish Springs Business Center in Spanish Springs, a suburb north of Reno. The 195,000-square-foot facility will offer a combination of light industrial flex space with smaller units divisible to 9,000 square feet, and larger mid-bulk industrial space with unit sizes ranging from 31,500 square feet to 141,000 square feet. Each suite will include a build-to-suit office showroom, dock-high and grade-level door access, 30-foot clear heights, 50-foot by 50-foot column spacing with 60-foot speed bays, skylights and motion sensor LED lighting. Alston Construction will serve as general contractor on the project, which is slated for delivery in fourth-quarter 2023. Groundbreaking is scheduled for this fall.

FERNLEY, NEV. — Mark IV Capital, with Premier Design + Build as general contractor, has broken ground on a three-building distribution project totaling more than 1 million square feet in Fernley, 30 miles east of Reno. Known as Victory Logistics District Buildings B, C and D-2, the new facilities are part of Victory Logistics District, a master-planned industrial development on 4,300 acres owned by Mark IV Capital. Victory Logistics District has direct access to two transcontinental highways (Interstate 80 and U.S. Highway 50) and a rail line serviced by Union Pacific and BNSF. The 634,520-square-foot Building D-2 will feature 40-foot clear heights, 120 dock doors, four drive-in doors and state-of-the-art mechanical and electrical systems. Additionally, the Premier team will add parking for 332 autos and 312 trailers to the project. Totaling 217,447, Building C will offer 26 dock doors, two drive-in doors, state-of-the-art mechanical and electrical systems, 36-foot clear heights and parking for 191 autos and 42 trailers. The 169,820-square-foot Building B will feature 36-foot clear heights, 26 dock doors, two drive-in doors, state-of-the-art mechanical and electrical systems, a speculative office tenant improvement and parking for 172 autos and 43 trailers. The Premier project team includes Jeramy Mahfet, Greg Lew, …

NORTH LAS VEGAS — VanTrust Real Estate has broken ground on the first two buildings at Vantage North, an industrial project offering upward of 4.5 million square feet of logistics and distribution facilities at full build out. Situated on 350 acres, the asset is in North Las Vegas offering visibility along Interstate 5. Infrastructure and site work commenced in January at Vantage North. VanTrust has already preleased one of the buildings to Saddle Creek Logistics, which will occupy 580,000 square feet in fourth-quarter 2023. The first two buildings will total more than 1 million square feet and are scheduled for completion in November 2023. Kevin Higgins and Jake Higgins of CBRE are marketing the development for lease.