Tahoe Reno Industrial Center – Pittsburgh

2020-2022

Location – Pittsburgh, Pennsylvania 20 Acres and 10 Acres

Challenge – Source industrial rail-served sites

Strategy – Acquired remaining 20 and 10 acres in TRIC for $2.45/SF; 12 month holding period to develop or sell

Result – Sold 20 Acres for $6/SF in 9 months; Sold 10 Acres for $7.50/SF in 17 months