Clarion Partners\u2019 purchase of 500 Denmark Drive<\/a>,\u00a0a 322,400-square-foot warehouse in McCarran, Nev. Pure Development sold the recently completed asset for $41.7 million.<\/p>\n\n\n\nReno\u2019s industrial vacancy rate clocked in at 9.8 percent at the end of the second quarter, up 110 basis points quarter-over-quarter, according to a Kidder Mathews industrial report. The metro registered a negative absorption of roughly 1.2 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"
The property came online in 2007.<\/p>\n","protected":false},"author":3355,"featured_media":1004730185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21748,21783,21742,15],"tags":[41993,32789,51502],"class_list":["post-1004730183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","category-investment","category-latest","category-west","tag-altus-group","tag-cbre","tag-eqt-exeter"],"acf":[],"yoast_head":"\n
EQT Pays $140M for Nevada Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"EQT Exeter acquired USA Parkway Distribution Center, a two-building, 1.1 million-square-foot industrial campus in Sparks, Nev.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQT Pays $140M for Nevada Campus\" \/>\n<meta property=\"og:description\" content=\"EQT Exeter acquired USA Parkway Distribution Center, a two-building, 1.1 million-square-foot industrial campus in Sparks, Nev.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-25T10:59:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T13:10:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/USA-Parkway-Distribution-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/\",\"name\":\"EQT Pays $140M for Nevada Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/USA-Parkway-Distribution-Center.jpg\",\"datePublished\":\"2024-09-25T10:59:24+00:00\",\"dateModified\":\"2024-10-01T13:10:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"EQT Exeter acquired USA Parkway Distribution Center, a two-building, 1.1 million-square-foot industrial campus in Sparks, Nev.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/eqt-pays-140m-for-1-1-msf-nevada-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/USA-Parkway-Distribution-Center.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/USA-Parkway-Distribution-Center.jpg\",\"width\":1000,\"height\":750,\"caption\":\"The 1.1 million-square-foot campus comprises two cross-dock buildings across more than 46 acres. 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