CBRE arranged the $41.6 million sale of 500 Denmark Drive, a newly constructed 322,400-square-foot industrial building in McCarran, Nevada, to real estate investment firm Clarion Partners.

CBRE National Partners’ Brett Hartzell and Paige Morgan represented Pure Development, the seller, in the transaction. CBRE’s Daniel Buhrmann and Eric Bennett are the exclusive leasing agents for the property.

The building will feature 32-foot clear heights, 36 dock doors expandable to 62, two drive-in doors, ample trailer parking, and full drive-around capability. 

Clarion’s Richard Schaupp added, “The area’s value proposition relative to other higher-cost West Coast markets, low-tax and business-friendly environment, and growing data center market all position McCarren for continued growth as industrial users look to expand their regional logistics presence.”

Located in the Tahoe Reno Industrial Center, the building is just 25 minutes from downtown Reno and is surrounded by national tech, big-box and e-retailer tenants such as Home Depot and Chewy.com.