Argosy Real Estate Partners, The Krausz Companies and WG Group have closed on the acquisition of a 19-acre site for an industrial building in Reno, Nev.
The industrial building, Waltham Industrial, is a 334,000-square-foot, class A development located in a qualified opportunity zone in the Tahoe Reno Industrial Center (TRIC). This project will offer a warehouse and distribution facilities with 36-foot clear heights, tilt walls with a panelized wood roof structure, 54 dock doors, four drive-in doors and a 130-foot truck court. The space plans can accommodate either a single- or multitenant lease, focused on the logistics, distribution and manufacturing industries.
Waltham Industrial is Argosy’s first investment with The Krausz Cos. and WG Group.
