DCG’s Industrial Team Represents Buyer in 24.82 Acre Acquisition

DCG’s Industrial Team Represents Buyer in 24.82 Acre Acquisition

DCG’s Industrial team; Joel Fountain, SIOR, Baker Krukow, and Nick Knecht, and Tom Fennell, CCIM represented Mckenzie Properties in the acquisition of 2 land parcels located at Old Virginia Road and Interstate 580 in South Reno. The 2 parcels, totaling 24.82 acres of land, were sold to McKenzie Properties for $11,294,509 on April 1st, 2021. McKenzie plans to develop three industrial buildings totaling 400,000 square feet.

McKenzie Properties Management, Inc. develops, builds, and leases commercial space. Founded locally in 1953, the company has built more than $1 billion in projects in northern Nevada over six decades including many community landmarks.

Currently, McKenzie owns and manages over 2 million square feet of office, industrial and retail space. A full-service, vertically integrated firm, the company offers general contracting, property management, and development services.