(Read more on the industrial market.)
RENO, NV-Two industrial developers have picked up chunks of theTahoe-Reno Industrial Center, which sits along I-80 east of theReno-Sparks area. In the larger of the two deals, a joint ventureof McShane Corp. and MetLife acquired 56 acres and is now gradingfor a 1.2-million-sf cross-dock industrial center.
The McShane-MetLife development will be called Eagle ValleyIndustrial Center and located near the USA Parkway interchange.Construction of the first 566,000-sf building is set to begin thismonth and be complete in June 2008. CB Richard Ellis has theleasing assignment.
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