News
At nearly 1 million square feet, massive Reno industrial building goes vertical
Rob Sabo of Northern Nevada Business Weekly recently spoke with John Ramous, Partner in Nevada, about The Park at McCarran in Reno, Nev., of which the 995,782-square-foot anchor facility is currently being constructed with delivery expected in May 2022. Below is an excerpt of the article:
The effects of the burgeoning ecommerce industry are being keenly felt in Northern Nevada.
For Dermody Properties, a development plan that started out with five modest-sized speculative industrial buildings turned into one of the single largest industrial buildings in Northern Nevada.
Motorists driving by The Park at McCarran development at the eastern end of Mill Street might be a bit awestruck by the magnitude of the massive 995,782-square foot building being erected for a still-undisclosed national tenant. As of mid-November, all four walls are up and the roof is under construction.
Tilt up contractor United Construction is expected to complete the building for Dermody by May 2022.
John Ramous, Nevada partner for Dermody Properties, has worked in industrial development for more than 30 years. But he’s never worked on a building of such enormity.
“It’s the largest single infill development I can recall in the last decade,” Ramous said last week during an interview at the project site. “There just aren’t too many buildings like this.”
Discussions with the tenant began early last year, Ramous added. After a short pandemic-induced pause, they quickly moved from a typical big box of 350,000 square feet to larger and larger scope as the tenant reconsidered its growing ecommerce and distribution needs.
“It got a little larger, and a couple months later it got larger (still),” Ramous said. “Here we are today at just under 1 million square feet.”
View the full article on the NNBW website.