Curated News
By: NewsRamp Editorial Staff
June 09, 2025
MEI Industrial Solutions Expands in Reno with Clarion Partners
TLDR
- Clarion Partners secures MEI Industrial Solutions as a tenant at 500 Denmark Drive, enhancing its portfolio in the high-demand Tahoe Reno Industrial Center.
- MEI Industrial Solutions leases 161,200 sq. ft. at 500 Denmark Drive, part of a 1 million sq. ft. development in the TRIC, expanding its operational footprint.
- MEI's new facility in Northern Nevada boosts service capacity and supports local data center and manufacturing sectors, contributing to regional economic growth.
- Clarion Partners' strategic acquisition in Sparks, NV, marks its entry into a Qualified Opportunity Zone, showcasing its commitment to impactful real estate investments.
Impact - Why it Matters
This news highlights the growing demand for industrial space in strategic locations like Reno, which is becoming a hub for logistics and manufacturing. For businesses and investors, the expansion of MEI Industrial Solutions and Clarion Partners' investment in the area signals robust growth opportunities and the potential for economic development in Northern Nevada. It also underscores the importance of industrial real estate in supporting the logistics and supply chain sectors, which are critical to the national economy.
Summary
Clarion Partners, LLC, a prominent real estate investment manager, has announced the leasing of 161,200 square feet at 500 Denmark Drive in the Tahoe Reno Industrial Center (TRIC) to MEI Industrial Solutions, a national leader in rigging, machinery moving, and industrial storage services. This move marks a significant expansion for MEI in Northern Nevada, enhancing its service capacity with both indoor and outdoor storage space. The facility is strategically located to serve MEI's data center and manufacturing clients, reinforcing the company's presence in a high-growth area near major transportation routes.
The 500 Denmark Drive property is part of Clarion Partners' extensive portfolio, which includes over 1.7 million square feet in the Reno area alone. This acquisition not only expands Clarion's industrial footprint but also marks its first venture into Sparks, NV, a key submarket and Qualified Opportunity Zone. With a global presence and a focus on industrial properties, Clarion Partners continues to strengthen its position as a leading real estate investment manager, offering diverse strategies to institutional investors worldwide.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, MEI Industrial Solutions Expands in Reno with Clarion Partners
