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Revitate Invests in Massive Nevada Industrial Project

Revitate Invests in Massive Nevada Industrial Project

Newport Beach, CA-based alternative investment firm Revitate has expanded its portfolio with a new investment in Victory Logistics District, an industrial development in Fernley, NV. Located in a Qualified Opportunity Zone 30 miles east of Reno, the 4,300-acre project will hold more than 25 million square feet of logistics, distribution, manufacturing and data center space.

Revitate has invested from its Impact OZ Fund 2022 to support the project, led by development and investment firm Mark IV Capital. “Our partnership with Mark IV Capital on this project aligns with our mission to infuse new capital and opportunity into emerging secondary markets across the U.S.,” said Revitate Founder Alex Bhathal.

The first phase of 815,000 square feet at Victory Logistics District was completed in 2022, and the second phase is expected to deliver in October of 2023. Phase II will consist of three Class A facilities totaling 1.2 million square feet.


Inside The Story

RevitateAlex BhathalMark IV Capital

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.