Transaction reflects continued investor confidence in Northern Nevada’s industrial growth and long-term demand drivers
Reno, NV., May 8,2026 – Colliers announced today the $12.15 million sale of a fully leased, institutional-quality manufacturing facility located at 4975 Energy Way in Reno, Nevada. The 78,720-square-foot asset is secured by a long-term lease extending through 2030, offering stable, predictable cash flow and income durability in a supply-constrained industrial market. The buyer, a private investor, acquired the asset from the seller, Lowenberg Corporation.
The Colliers team of Mike Kendall, Greig Lagomarsino, Gian Bruno, Nick Mascheroni, Kenny Patricia, Scott Scharlach, Kylie Jones, Chris Fairchild, and Casey Scott exclusively marketed the asset and facilitated the transaction on behalf of both parties.
“This sale reflects broader allocation strategies we’re seeing across the industrial sector, as investors emphasize portfolio stability, tenant credit, and selective market exposure,” said Greig Lagomarsino, Vice Chair. “Reno continues to check those boxes, supporting sustained transaction activity despite a more measured capital environment.”
The property is fully leased to ALS USA, a subsidiary of publicly traded ALS Limited, enhancing the asset’s credit quality and investment profile. Situated on 3.31 acres, the facility features 24-foot clear heights, functional manufacturing specifications, and 37 on-site parking spaces. Its strategic location supports regional manufacturing and distribution operations and benefits from Reno’s continued emergence as a core Western U.S. industrial market.
Investor interest in the asset was driven by its secured income stream, modern building features, and exposure to a market characterized by resilient tenant demand and long-term growth drivers.
Northern Nevada continues to benefit from supply chain realignment, population growth, and corporate migration trends, underpinning sustained industrial absorption and rent growth.
“Institutional investors continue to demonstrate a strong preference for stabilized industrial assets with long-term lease structures and credit-backed tenancy,” said Gian Bruno, Senior Vice President. “This transaction reflects the depth of capital targeting manufacturing facilities that provide downside protection, inflation-resilient income, and long-term visibility in an increasingly disciplined investment environment. Reno’s fundamentals and tenant demand profile clearly support these investment themes.”
The Reno industrial market recorded approximately 3.1 million square feet of net absorption during the first quarter of 2026, with an additional 1.9 million square feet of new product expected to be delivered by year-end. Despite new supply, vacancy remains historically low, and leasing activity continues to be supported by manufacturing, advanced technology, and logistics users seeking proximity to West Coast population centers at a relative cost advantage.
###
For additional information, please contact:
Leanne Daly
Manager, PR & Communications
U.S. West Region
+1 (760) 930-7941
Ashley Jeanes
PR & Communications Specialist
U.S. West Region
+1 (214) 706-6053
About Colliers
Colliers is a global diversified professional services and investment management company operating through three industry-leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership — driving strong alignment and sustained value creation for our shareholders. With $5.7 billion in annual revenues, 24,000 professionals, and $109 billion in assets under management, Colliers is committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com.
Leave a Reply