In the News
May 23, 2016
Innotrac Corporation expands in Reno
Northern Nevada Business Weekly
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Innotrac Corporation, an omnichannel commerce technologies and operations company, has renewed their existing 224,778 square foot lease at 4910 Longley Lane in Reno, Nevada, along with an additional 52,500 square foot expansion at the same location. Kidder Mathews commercial real estate brokers, Michael Hoeck, SIOR, Dave Simonsen, SIOR, CCIM, Michael Nevis, SIOR, CCIM, and Steve Kucera, CCIM, represented Innotrac in the transaction. The industrial space is owned and managed by Bond Commercial Properties.
The vacancy rate in Reno continues to decline. Due to its close proximity to California and access to major highways and freeways, Reno has continued to be a 3PL Hub in the western United States. "This transaction indicates that even well located older product remains in high demand," said Hoeck, senior vice president at Kidder Mathews.