Tract announced its recent acquisition of more than 2,200 acres of land inside the Tahoe-Reno Industrial Center (TRI) in Storey County, Nev. The total acreage is comprised of two areas commonly referred to as the Peru Shelf and South Valley. In addition to the land, Tract also controls more than 1,100 acre feet of water rights and has commitments from NV Energy to deliver over two gigawatts of power, beginning in 2026.
The greater Reno market has solidified its position as a data center cluster, with hyperscalers such as Google, Apple and Microsoft establishing roots in the market along with wholesale providers such as EdgeCore and NOVVA. These operators recognize the benefits of direct long haul fiber paths to the Bay Area offering three milliseconds of latency, while taking advantage of lower power costs, lower taxes, lower risks and lower regulations than they would face in California.