CapRock Partners has acquired 3200 USA Parkway, a 707k sf, cross-dock industrial warehouse in Sparks, NV. The Class A distribution building is within the Tahoe-Reno Industrial Center (“TRIC”), a premier industrial park within the land-constrained Reno industrial real estate market.
CapRock acquired the 48-acre property from an institutional investor in an off-market transaction. While CapRock is one of the more active investors and developers in Las Vegas, 3200 USA Parkway is CapRock’s first acquisition in northern Nevada, marking a milestone in the firm’s ongoing strategic portfolio expansion.
Built in 2014, 3200 USA Parkway is a Class A cross-dock warehouse featuring 36-foot clear height, up to 131 dock-high doors, three grade-level doors, and 14.9k sf of office space, as well as ESFR sprinklers, ample power, and LED lighting and 435 skylights. The property includes 190-foot secured truck courts with multiple dedicated truck access points.
3200 USA Parkway is approximately three miles to Interstate 80, a major east-west highway that connects key cities such as San Francisco and Sacramento to Salt Lake City. The property is approximately 16 miles east of downtown Reno and Reno-Tahoe International Airport.
