Reno industrial market growing even before Tesla

Published October 3, 2014 7:41pm ET



RENO, Nev. (AP) — Word that Tesla Motors was interested in locating its giant battery factory near Reno apparently jumpstarted a business migration to the region long before the electric car maker made the decision official.

The Reno-Sparks industrial market set a record for square footage leased or sold over the past three months — nearly 2.7 million square feet in the third quarter, compared with the previous record of 2.4 million during the same period in 2013, according to NAI Alliance, a Reno-based commercial real estate company.

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