The industrial facility at at 1381 Capital Blvd. (photo: )
The industrial facility at at 1381 Capital Blvd.
22.07.2020, 13:40

East Coast Distribution Company Leases 127,000 Sq. Ft Nevada Facility

Real Estate, Industrial, Americas, Service Provider News, Warehousing & Industrial
Cushman & Wakefield has represented order fulfilment and logistics specialist Jay Group in successful negotiations with Prologis, Inc., over a tenancy of a 126,916 square foot industrial and warehousing space in Reno, Nevada.

Jay Group will occupy just over half (some 232,000 sq. ft) of the two-tenant building which is located at 1381 Capital Blvd and commonly referred to as "Prologis Reno Airport 1". Jay Group has been an industry-leading provider of warehouse inventory management, eCommerce fulfillment, and specialty packaging services for more than 50 years, and the facility will serve as a distribution and fulfillment center for the company’s West Coast clients.

Brian Armon, CCIM, SIOR with Cushman & Wakefield Reno, who represented the tenant in the transaction, says: "This Northern Nevada facility will represent Jay Group’s first location in the western United States.
"The company was most attracted to the Reno area as it offers a unique geographic advantage with excellent next day delivery service across the West Region providing service to nearly 70 million people. Nevada’s very friendly business climate was also an appealing factor.
"This was a great collaborative effort all-around between Jay Group, Prologis and our Cushman & Wakefield team, and we couldn’t be more pleased with the results. We were able to structure a deal that was beneficial to all parties and in a great facility that suited Jay Group’s needs. The transaction also backfills a sizable industrial vacancy before the space actually hit the market."

Article rating:

vote data

Leave a reply

 (photo: Caio Christofoli)
News Editor  - 23.06.2020, 11:17

BSI Introduces Workplace Hygiene Solution

BSI has launched a suite of products and services to help organisations address operational challenges presented by the Covid-19 pandemic.

 (photo: Brett Sayles)
FM Editor  - 16.06.2020, 10:05

A Risk-free Home Working Revolution?

An analysis of 750 academic papers for the Advanced Workplace Institute (AWI) has identified trust, social cohesion, and information sharing as potential casualties of the migration towards working...

 (photo: )
News Editor  - 10.08.2020, 12:16

Delivering Vital Medical Supplies for NHS Scotland

UK commercial relocation change management company Business Moves Group (BMG) has completed a project to deliver critical medical equipment and supplies to hospitals all over Scotland.

 (photo: Rentokil Initial plc)
News Editor  - 10.08.2020, 10:09

Supporting a Safe Return to Sport

Saracens Rugby Club has announced the appointment of Rentokil Initial as its Official Hygiene Partner for the restart of the 2019/20 campaign.