Posted by Heidi Schwartz
The Economic Development Authority of Western Nevada (EDAWN), AEW Capital Management and Panattoni Development Company, Inc. have announced that Petco, a San Diego, CA-based pet specialty retailer, is constructing a new Distribution Center in Reno, NV. The new facility is expected to bring up to 150 jobs to the area.
The facility will boast more than 770,000 square feet of space and support retail stores in Petco’s Western region, as well as the company’s e-commerce customers shopping at Petco.com. The company plans to fill a number of full-time and part-time positions at the new Distribution Center, including managerial, engineering, maintenance, finance, human resources, clerical and warehouse jobs.
Panattoni Development started construction on the project in September 2014, with completion scheduled for May 2015. The state-of-the-art facility will include energy-efficient infrastructure in order to obtain LEED Silver designation.
“This new Distribution Center is another exciting milestone in Petco’s ongoing growth story,” said Mark Hilborn, Petco’s Senior Vice President of Supply Chain. “After careful review of several locations, we determined that Reno would allow us to maintain efficient operating costs and best service our retail store teams so they can serve our pet parent customers.”
AEW Capital Management is developing the facility on behalf of one of its institutional clients. AEW will work with Panattoni Development and Alston Construction to build the facility. Other partners involved in the transaction include Cushman and Wakefield of Massachusetts, Reno Property Management, and Lewis Roca Rothgerber.
“We are excited to welcome Petco, a nationally recognized and highly respected company to the region,” said Mike Kazmierski, CEO of EDAWN. “Petco joins a long list of retail and e-commerce companies that choose Reno, in large part, to take advantage of our strategic location as the Center of the West for distribution.”