Panattoni sells 169K-SF Reno Distribution Facility for $20M ($121psf) to owner/user

  • 6/11/2025

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In a northern Nevada industrial deal, a freestanding, 169k sf facility in Reno sold for $20.5 mil, or $121/sf. Located on 6.72 acres at 400 East Parr Blvd, the facility was acquired by an undisclosed owner/occupant in the kitchen and bath appliance industry.

400 East Parr Blvd was originally built in 1972 but completed renovations in 2016. The property features 25’ clear height, 18 dock doors, one grade-door, ESFR sprinklers, and skylights. It had previously been occupied by Sears Outlet Stores.

Panattoni
Tim Schaedler | Partner, Nevada

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