Westcore Properties Acquires 632,130-Square-Foot Distribution Center In McCarran, Nevada For $82.5M

Westcore Properties has acquired a 632,130-square-foot distribution center located at 700 Milan Drive in McCarran, Nevada's Tahoe-Reno Industrial Center. The property was purchased from Washington Capital Management for a total sale price of $82.5 million. The transaction represents an acquisition in the industrial sector, spanning across 34 acres. The distribution center is poised to facilitate efficient logistics and distribution operations.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $82,500,000
• Square Footage: 632,130
• Address: 700 Milan Drive, Sparks, NV
• Market: Sparks, NV
• Acres: 34

The buyer, Don Ankeny, represented Westcore Properties in the transaction, while the seller, Cory Carlson, was represented by Washington Capital Management. Don Ankeny, from Westcore Properties, successfully completed the deal, highlighting their expertise in acquiring industrial properties. On the other hand, Cory Carlson, from Washington Capital Management, successfully closed the transaction, demonstrating their effective management of real estate assets.