Reno, Nevada, stands astride I-80, a major east-west highway that connects San Francisco and Sacramento to Salt Lake City. The Union Pacific Railroad provides a freight tie-in. Logistics companies use these rail and truck networks to reach 80 percent of the vast Western U.S. within a day’s travel time. Accordingly, Reno is an important regional hub for industrial real estate and warehouses.
The construction of Tesla’s $5-billion battery production facility at the Tahoe Reno Industrial Center is one of the decade’s single-largest U.S. manufacturing investments. As manufacturing activity ramps up, further investment in industrial and logistics space in the region will follow.
Prologis has multiple industrial and warehouse properties in the Reno area, many of which are located proximate to I-80 on the eastern side of the city.