Updated: November 2022
We are pleased to announce the successful sale of Reno Industrial! We are grateful for our investor partners and the team who worked hard to get this project across the finish line.
Final distributions on this project included the initial contribution plus an upside resulting in a 20.5% IRR and a 6.4% cash-on-cash return for our investors.
July 2022
Congrats to the Epic team for closing on the first phase of a joint venture industrial project in Reno, Nevada.
This development is an exciting 178,000 sq ft tilt up in the heart of the industrial area of the North Valleys in Reno, NV. A 14-acre
project nestled along the foothills of the Sierra Mountains, the North Valleys is the home to several large warehouses with National
Brands, including three Amazon warehouses, Chewy, Mary Kay, OnTrac, Compass Health, and S&S Activewear.
The North Valleys is a desired supply chain location due to the proximity to several key markets along the West Coast, including all of California, Oregon, Washington, Idaho, Nevada, Arizona, and Utah, while taking advantage of the business benefits of being in Nevada.
Photo credit by LOGIC Commercial Real Estate