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Smart Warehousing Renews 99,640 SF Lease In Reno With Tenant Rep John Sharpe, Landlord's Rep Eric Bennett

Property Image
LEASED
John Sharpe
Lyle Chamberlain
Eric Bennett

Nevada

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Industrial99,640 SF
Leased 02/01/2024
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Property Image
LEASED

Smart Warehousing Renews 99,640 SF Lease In Reno With Tenant Rep John Sharpe, Landlord's Rep Eric Bennett

8040 North Virginia Street

See Similar Deals
Industrial99,640 SF
Leased 02/01/2024
John Sharpe
Lyle Chamberlain
Eric Bennett
the dealplayerscompscontact
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Summary

NEVADA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:99,640 SF
Transaction Type:Lease

The property involved in this lease transaction is an industrial asset located at 8040 North Virginia Street in Reno. The property spans a total of 99,640 square feet, making it suitable for various industrial operations.

Summary of transaction details:

Lee & Associates brokered the lease renewal for Smart Warehousing's 99,640-square-foot space in Reno. John Sharpe of Lee & Associates represented the tenant, while Eric Bennett from CBRE acted as the landlord's representative. Lyle Chamberlain, also from Lee & Associates, highlighted the property's advantageous location with convenient access to major transportation corridors.

Players

John Sharpe
Lee & Associates
John Sharpe
7 deals(773) 355-3030
BROKER
Lyle Chamberlain
Lee & Associates
Lyle Chamberlain
1 deal(775) 220-7391
BROKER
Eric Bennett
CBRE
Eric Bennett
1 deal(775) 823-6963
BROKER

Details

LEASED
IMAGE: Carl Wasinger, John Sharpe, Eric Bennett & Lyle Chamberlain DATE: 02/01/2024 ADDRESS: 8040 North Virginia Street MARKET: Reno ASSET TYPE: Industrial ~ SF: 99,640 TENANT: Carl Wasinger - Smart Warehousing LANDLORD'S REP: Eric Bennett - CBRE (@CBRE) TENANT'S REP: John Sharpe & Lyle Chamberlain - Lee & Associates (@LeeAssociatesRE) NOTE: Lee & Associates brokered Smart Warehousing's 99,640-square-foot lease renewal in Reno, NV. John Sharpe represented the tenant while Eric Bennett of CBRE represented the owner. Lyle Chamberlain of Lee & Associates noted the location's convenient access to major transportation corridors.

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Deal Type
Effective Rent (Annual)

$5,711,304.67

Total Lease Value

$57,113,046.73

Net Landlord Cash Flow$5,711,304.67