Tom Miller, CCIM
Miller Industrial Properties Brings GE Capital’s 44,690 sf Reno, NV Property to 100 Percent Occupanc
(Reno, NV) Miller Industrial Properties has completed the lease-up of GE Capital’s 1105 Rock Blvd., Brookside Project, Reno, Nevada. The 44,690 sf property is part of a 261,141 sf, 3 building complex, adjacent to the Reno-Tahoe International Airport. The property is now fully long term occupied, according to Tom Miller, President of Miller Industrial Properties.
“The completion of this building’s lease-up, especially in this low demand – extremely high competition time in the economy reflects the high level of effort of Miller Industrial and how the firm approaches the marketing and transaction management”, said Miller. “We always strive to provide a cooperative, partnering approach to the property ownership, we were able to draw upon our respective strengths to win highly contested leases and complete successful long term renewals. The joint approach facilitated these transactions and provided prospective and existing tenants positive results.”
Completing the lease-up, we recently finalized a new lease transaction with Houston based GHX, Int. / Delta Rubber encompassing 10,700 square feet in the properties’ last vacant space. Recent renewals were to existing tenants Interlock, USA with 18,440 sf and Simplex – Grinnell / Tyco at 15,550 sf.. This completes this building 100% and brings the overall project to just under 75% total occupancy.
About Miller Industrial Properties Miller Industrial Properties is an industrial real estate brokerage in Northern Nevada. For almost 4 decades, the company has successfully assisted numerous national, regional and local businesses relocate and expand in Northern Nevada. Miller Industrial Properties is highly recognized in the area for their knowledge, expertise and consistently professional services to their clients.