North Palisade Partners Plans New Industrial Facility Development in Reno

North Palisade Partners, a development and investment firm focused on industrial properties, industrial outdoor storage (IOS), and self-storage properties, acquired a nearly 6.4-acre site in Reno, NV where it plans to develop Palisade Wild Horse Commerce Center, a 141,882-square-foot Class A industrial property. The property is well situated within the largest industrial park in the world (Tahoe Reno Industrial Center-TRIC).  TRIC currently contains 15,000 acres of pre-zoned and fully entitled land. The property is located along the I-80 Corridor and is the closest site within the Tahoe Reno Industrial Center to the Reno-Sparks MSA.

When completed in mid-2024, Palisade Wild Horse Commerce Center will feature 36-foot clear heights, more than 80 parking spaces, 18 dock-high loading positions, and two grade-level doors. The building will also be demisable to spaces of 90,000 and 50,000 square feet.  

In 2022, North Palisade has added eight industrial and self-storage development properties to its portfolio with a total capitalization of approximately $225 million, with 11 currently under development.