Tom Miller, CCIM
UTi/Starbucks Leases Major Distribution Facility in Sparks, Nevada
A large distribution facility is off the market in Sparks as UTi/Starbucks launches a major expansion of its northern Nevada presence. The 271,000-square-foot property at 550 Boxington Way, owned by Los Angeles-based Selective Real Estate Investments, almost triples the footprint of UTi/Starbucks in the local market.
Starbucks previously used the same facility to store green coffee beans prior to having them roasted in Minden, Nevada. They vacated the property following a logistical change to their supply chain organization. In an effort to make the facility as appealing and functional as possible, Miller Industrial Properties advised Selective on a number of strategic upgrades. Selective then launched a major upgrade of the facility, including new paint, refurbished docks, resurfaced pavement and more. When representatives of UTi/Starbucks toured the newly updated property, they were immediately impressed with the improvements and pleased to move in once again with their new product lines.
“We very much appreciated Miller Industrial Properties’ advice and guidance in helping us transform our Reno asset into the type of property that UTi/Starbucks will be proud to operate from,” says Ken Ayeroff of Selective Real Estate Investments.
UTI/Key Logistics took occupation of the facility on July 12, further reducing the already limited availability of large warehousing in northern Nevada.
#UTiStarbucks #warehousinginnevada #sparksleasing #distributionfacility #sparksnv