IRG Completes 238,680-Square-Foot Industrial Building Port of Nevada

Industrial Realty Group completed a 238,680-square-foot industrial building at its Port of Nevada, ready Fall 2025 with Union Pacific rail access.

IRG Completes 238,680-Square-Foot Industrial Building Port of Nevada
March 21, 2026 9:03 am | Last Update: March 21, 2026 9:04 am
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⚡ In Brief: Industrial Realty Group (IRG) completed initial construction on a 238,680-square-foot industrial building at its Port of Nevada facility, offering direct Union Pacific rail access and an occupancy date of Fall 2025.

FERNLEY, NV – Industrial Realty Group LLC (IRG) has completed the initial construction phase of a new 238,680-square-foot industrial building at its 224-acre Port of Nevada inland port. The structure, built by ARCO National Construction, will be ready for occupancy in the fall of 2025. The port provides direct Union Pacific Railroad intermodal service to the Port of Oakland in California.

What Is the Full Scope of This Project?

The new facility is the latest addition to the 224-acre Port of Nevada, which handled nearly 300,000 tons of cargo in 2025. The building itself includes 25 loading docks, four drive-in ramps, 104 trailer stalls, and 143 parking spots. IRG has indicated that additional land is available on-site for future build-to-suit development.

Key Project Data

ParameterValue
Project / Contract NamePort of Nevada Industrial Building Expansion
Total ValueNot disclosed
Parties InvolvedIndustrial Realty Group LLC (IRG), ARCO National Construction, Union Pacific Railroad
Timeline / CompletionReady for occupancy Fall 2025
Country / CorridorUnited States / Northern Nevada – Port of Oakland

How Does This Compare to Similar Projects?

Directly comparable cost and construction data for similar U.S. inland port projects was not publicly available for 2024 or 2025. However, the development’s timing coincides with a recovery in the U.S. industrial real estate market, which has seen recent growth in bulk industrial occupancies and rising demand from manufacturing firms (Source: REJournals). The strategic value of rail-centric facilities like the Port of Nevada is amplified by macroeconomic pressures on trucking, as the national average for diesel surpassed $5 per gallon for the first time since 2023, increasing the operational appeal of rail for long-haul freight.

Editor’s Analysis

IRG’s expansion at the Port of Nevada is a direct response to shippers seeking to de-risk their supply chains from road freight volatility and high fuel costs. By leveraging Union Pacific’s heavyweight rail corridors to the Port of Oakland, tenants can bypass congested California highways and achieve significant drayage cost reductions. This project highlights a wider investment trend into inland logistics hubs that feature direct Class I rail connectivity as their core value proposition, a strategy that mitigates the effects of volatile road transport costs.

FAQ

Q: What is the primary advantage of the Port of Nevada?
A: Its primary advantage is direct intermodal service via Union Pacific Railroad to the Port of Oakland, allowing cargo to bypass California’s congested road networks. IRG claims this rail access can result in supply chain cost savings of over 30% for certain users.

Q: What is the total investment cost for the new building?
A: The total construction cost or investment value for the 238,680-square-foot facility was not disclosed in the official announcement by Industrial Realty Group.

Q: How does this project impact the regional supply chain?
A: The project increases the capacity for transloading and warehousing in Northern Nevada, providing a logistics alternative to more congested and expensive coastal hubs in California. It is designed to attract companies seeking to optimize the movement of goods between the Pacific Rim and the U.S. interior via rail.