Satya Nadella Of Microsoft Acquires 300 Acres In Fernley NV From Evan Slavik For $71M

Mark IV Capital sold a development site consisting of 300 acres located at Nevada Pacific Parkway & Duffy Road in Fernley, NV. The sale was completed at a price of $71,000,000, reflecting the increasing demand for data center development in the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $71,000,000
• Address: Nevada Pacific Parkway & Duffy Road
• Market: Fernley, NV
• Acres: 300
• Buyer: Satya Nadella - Microsoft
• Seller: Evan Slavik - Mark IV Capital

Through this transaction, Satya Nadella, representing Microsoft, acquired a strategic portion of the larger 4,300-acre Victory Logistics District. Evan Slavik represented Mark IV Capital in the sale, which is part of a broader vision for developing a major logistics and industrial hub with future residential plans nearby.