The high-cube fulfillment center is located on a 35-acre site at the Nevada Pacific Industrial Park in Fernley, NV, which is 30 miles east of the Reno-Sparks metropolitan area and considered the transportation hub of Northern Nevada. When Panattoni acquired the property in 1996, it housed a 322,560-sf building. It expanded the concrete tilt-up to its current size and leased the whole thing to Amazon in 1999.
Since Amazon moved into the facility in 1999, the company has invested in state-of-the-art inventory management, sorting, routing, packaging and distribution equipment including a highly advanced conveyor system. Amazon also constructed a mezzanine level of approximately 140,000 sf. The Fernley facility is one of four fulfillment centers nationwide used to process and ship orders received on its websites.
Mark B. Goode, and Roy Splansky, both principals of Riverwoods, IL-based Venture One Real Estate, LLC, and Randy Getz, an SVP in the Sacramento office of CB Richard Ellis, represented Panattoni in the transaction. While currently a single-tenant building, Venture One says the property can be divided into as many as eight multi-tenant spaces to accommodate future market needs. The building's addition is in a cross-docked configuration with knock-out panels to facilitate future cross-dock requirements.
The Nevada Pacific Industrial Park is a 5,000-acre industrial park that straddles I-80 at the confluence of I-80, U.S. Highway 50 and U.S. Highway 95/395. Amazon's fulfillment center is located at 1600 East Newlands Drive.
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