DCG announced the development of 420 Ingenuity Avenue by Panattoni Development Company, a 195,000-plus square foot Class A industrial building in Northern Nevada’s Spanish Springs Business Center, according to a news release. Delivery is planned for Q4 2023.
The project will feature a combination of light industrial flex space, with smaller units divisible to 9,000 square feet, and larger mid-bulk industrial space with unit sizes ranging from 31,500 to 141,000 square feet. Each suite will include a build-to-suit office showroom, dock high and grade level door access, 30 feet clear height, 50x50 column spacing with 60-foot speed bays, skylights, and motion sensor LED lighting.
Spanish Springs Business Center is a 594-acre master-planned business park. Additionally, Spanish Springs is the fastest growing residential submarket in Northern Nevada, with more than 3,000 residential units under construction.
Alston Construction will lead the project as the general contractor. DCG’s Industrial Team of Joel Fountain, SIOR; Nick Knecht, CCIM; and Baker Krukow will represent Panattoni Development on leasing activity.
Founded in 1986, Panattoni Development Company operates from 48 offices in the U.S., Canada, and Europe. For more information, visit Panattoni.com.