According to the United Nations Conference on Trade and Development, online sales in the U.S. accounted for $519 billion in 2018 (9.9 percent of all retail sales) and surged to $791 billion in 2020 (14 percent of all retail sales).
Northern Nevada distribution facilities are uniquely positioned to meet increased online consumer demand across the greater Western region — trucks can reach 11 western states in one-day’s drive. In addition to being one of the largest industrial facilities in the region, the new facility is well positioned in the airport submarket, Ramous noted.
“We always refer to projects as far as scalability — are there enough large sites to build projects of 1 to 2 million square feet, and it’s extremely challenging (to find them) in the valley, let alone the airport submarket,” he said. “You can’t replicate this.”