Mohr Capital has announced a partnership with Standard Real Estate Investments (REI) to develop a 180,000ft² industrial facility in Reno, Nevada, US.
The 11-acre site, located at 9865 North Virginia Street, will be developed as a multitenant industrial building.
The project, set for completion in mid-2025, is the second industrial venture for Mohr Capital in Reno and marks its first collaboration with Standard REI.
The industrial building will be a single-storey structure with a 32ft clear height.
The facility will offer options for office spaces on the end caps and in-line, as well as 25 dock positions with 40,000lb.
It will also feature motion-sensing LED lighting, an ESFR fire protection sprinkler system, roof-mounted, gas-fired make-up air units, and more.
FCL Construction is serving as the general contractor for the development, with Techtonics Design Group handling the civil engineering and architectural aspects.
Stearns Bank is providing the construction loan for this project.
Mohr Capital development senior vice-president Tom Theobald said: “Reno's emergence as a key distribution hub has not only diversified the city's industrial base but has also created a robust economic environment.
“This project capitalises on Reno's pivotal role and attractive position as a destination for forward-looking logistics and distribution partners.”
This new development adds to Mohr Capital's portfolio of logistics complexes across the US, including projects in Indianapolis, Indiana, and Phoenix, Arizona.
In 2021, the company initiated construction on a speculative lot within Mohr Logistics Park, a master-planned industrial park located in Whiteland, Indiana.