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National  + Nevada  + Industrial  |  August 5, 2019
Dennis Kaiser
By: Dennis Kaiser

Reno Industrial Deal 2nd Largest Industrial Land Transaction in Nevada History

Southern California-based, Mark IV Capital acquired Crossroads Commerce Center in Fernley, NV from a partnership between Sonterra Development Company, Nevada Pacific Investment Company, LLC, and the Logan Family Land Trust for $45 million. The 4,380-acre industrial sale is the second largest industrial land transaction in Nevada history.

Cushman & Wakefield’s Brian Armon, who handled the deal, says, “The park is particularly well-situated for major manufacturing and distribution centers serving the western states. It offers an abundance of level, buildable land with nearly no topographical constraints, excellent soils and water reserved exclusively for industrial and commercial development.”

The property straddles Interstate 80, at the confluence of Highway 95 and Highway 50, roughly 30 minutes east of Reno. Victory Logistics District will be constructed in phases, kicking off with an initial 7.5 million square feet of industrial space. With groundbreaking planned for 2020, the first phase is expected to be built out within seven to 10 years.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.
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