UNDER CONSTRUCTION

850-ACRE, ADVANCED MANUFACTURING, DATA CENTER & LOGISTICS PARK
AVAILABLE FOR LEASE IN THE TAHOE RENO INDUSTRIAL CENTER (TRIC)

West
SF
Status
Building 1
1,400,560
Sold
Building 2
669,760
Leased
Building 3
815,360
Leased
Building 4
274,040
Available
Building 5
257,920
Available
East
SF
Status
Building 1-4
2,528,150
Sold
Building 5
815,360
Pad Ready with BLDG Plans
Building 6
474,880
Under Construction
Building 7
338,240
Pad Ready with BLDG Plans
Building 8
477,040
Available
Building 9
1,050,560
Available
South
SF
Status
Building 1
up to 1,018,400
Available
Building 2
up to 1,018,400
Available
NEWS | 10.2022

Industrial Park Under Development at TRIC
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PRESS RELEASE | 07.2022

C3 Announces Redwood Materials Acquisition & Lease of Property to Expand Battery Materials Campus
VIDEO | 06.2022

LDG C3 Construction Progress Video


​
VIDEO | 06.2022

Redwood Campus 1 Video

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Favorable Tax Climate with Business Tax Incentives

  • ​No Corporate Tax
  • No Personal Tax
  • No Inventory Tax
  • No Franchise Tax
  • No Special Intangible Tax
  • The Nevada Governor’s Office of Economic Development (GOED) offers tax incentives to companies that relocate or expand their businesses, subject to meeting the criteria for job creation, average wage, and capital investment, medical benefits.

Truck Service

​In just 1-day truck service can reach 60-million customers. 
Greater Reno-Sparks area is centrally located in the Western United States and is within 1-day truck service to over 60 million customers and 2-day truck service to 11 states. 

Green Building Abatements

Created to promote energy efficiency in Nevada. Partial property abatement for up to ten years are awarded by the Governor’s Office of Energy to owners who build or renovate buildings to be more energy-efficient and create significant energy savings may be eligible for partial property tax abatement.

Competitive Commercial Utility Rates

Companies are more profitable when they keep operating costs low. In Nevada the commercial utility rates are less than half California’s. That means companies relocating from California can save over half on their monthly utility costs. ​

The Opportunity Zone

The Opportunity Zone tax incentive program is designed to encourage new equity, long-term capital investment in low-income areas. 
​
The three core incentives include: temporary deferral of capital gain, step- in basis, & permanent exclusion from taxable capital gains income.​​

Silver State Works Training Assistance and Financial Incentives

Nevada’s Silver State Works program incentives workforce training for companies that relocate or expand in our region and offers three types of funding options. 
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Including employer-based training, employer incentive job program & incentive-based employment.

Location Overview
Northern Nevada is centrally located next to major markets with easy access to the following cities:
San Francisco, Sacramento, Portland, Boise, Salt Lake City, Phoenix, and Los Angeles
Airports
McCarran Int’l Airport
Reno Tahoe Int’l Airport
Railroads
Transcontinental Railroad​
Highways
I-80 corridor
US-395 corridor
US-50 corridor
US-95 corridor​
Logistics and Distribution
One or two day trucking service from Nevada to major markets with more than 50 carrier services available

Key Industries

Financial Services

Financial services and transactions have evolved dramatically to look nothing like the traditional “brick and mortar” banks or loan office services of past generations. Innovations in mobile banking, artificial intelligence (AI) and blockchain are transforming the financial services sector.​

Technology

Named “Silicon Bridge” for its proximity to San Francisco (about 218 miles), the Reno metro area has emerged as a capital of big tech investments. Many of the tech giants, such as Apple, Google, Tesla, & Microsoft moving to the Reno-Sparks area, creating many new opportunities for jobs, business, and the economy.​

Renewable Energy

​Renewable energy is an important and integral part of the energy industry in Nevada.  Mainstream energy companies in Nevada utilize geothermal, solar, biofuels, wind, and hydropower. Ormat, a recognized leader in geothermal energy and Fulcrum Sierra Biofuels which is building a facility in Storey County that will generate transportation fuel from MSW are located in Northern Nevada economy.​​

Health and Medical

Companies such as Charles River Laboratories which is dedicated to developing safe and effective drug therapies and newcomers like  Grand Rounds, MOBE, DayaMed and Presidio Medical are located here in the Greater Reno-Tahoe-Sparks. ​
​

Back Office, Office Support

Back office operations provides critical and essential functions in every company. Data processing, accounting, payroll, human resources, IT services, regulatory compliance, and cyber-security are just a few of these functions and centered around optimizing processes, improve efficiencies, reducing costs and mitigating potential areas of risk.

Advanced Manufacturing

The Greater Reno-Sparks-Tahoe region’s economic growth in recent years can be attributed to the manufacturing industry.​

Distribution Logistics and E-Commerce

Companies are more profitable when they keep operating costs low. In Nevada the commercial utility rates are less than half California’s. That means companies relocating from California can save over half on their monthly utility costs. 
​

Aerospace and Defence

The aerospace and defense industry in Northern Nevada is home to a number of private and public sector businesses at the leading edge of research and technology, including almost 70 years in aerospace flight testing. Projects like “Dream Chaser®” and the “International Space Station” have significant ties to our region through research by Sierra Nevada Corporation.​

Nevada State Incentives

  • ​No state, corporate or personal income tax
  • No estate tax, no inventory tax, no unitary tax, no franchise tax
  • Right-to-work state
  • Moderate real estate costs
  • Low workers’ compensation rates
  • ​State-qualified employee hiring incentive
FOR MORE INFORMATION, PLEASE CONTACT:
Mike Nevis, SIOR, CCIM 
Vice Chairman
+1 775 470 8855
[email protected]
Lic. # S.0061759​
Shawn Jaenson, SIOR 
Executive Managing Director
+1 775 470 8865
[email protected]
Lic. # S.0188002​
Cushman & Wakefiled is a full-service global commercial real estate services leader with over 100 years of experience, 52,000 professionals and 400 offices worldwide.  ​For more information, visit www.cushmanwakefield.com
Locus Development Group is a development company based in Reno, NV, specializing in residential, commercial, and industrial projects.  For more information, visit www.locusdevgroup.com
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