Westmount Realty Capital, a leading private real estate investment firm specializing in commercial property assets and multifamily properties, has acquired the Lillard Drive Industrial portfolio, a three-building, Class A industrial portfolio totaling 809,138 square feet in Sparks, Nevada, one of the nation’s most active logistics and distribution hubs. The acquisition marks another strategic addition to Westmount’s growing industrial platform across the Western United States.

Located at 350, 360, and 450 Lillard Drive, the portfolio offers institutional quality construction, superior access to major transportation corridors, and significant value-add potential through vacancy lease-up and mark-to-market income growth upon in-place lease rollover. The portfolio is currently 90% leased to a strong roster of international and regional logistics and supply chain tenants. The buildings feature a variety of modern specifications, including 24-to-26-foot clear heights, abundant dock-high and drive-in loading, ESFR sprinklers and a Union Pacific rail spur.

“This acquisition reflects Westmount’s continued conviction in infill industrial markets that benefit from durable demand drivers and long-term logistics relevance,” said Cliff Booth, founder and chairman of Westmount Realty Capital. “The Reno-Sparks region checks all the boxes we look for: strong fundamentals, strategic connectivity, and opportunities to create value through hands-on asset management. Lillard Drive is an excellent addition to our growing Western U.S. portfolio.”

The property’s strategic position benefits from its proximity to Interstate 80, Interstate 580, U.S. Highway 395, Reno-Tahoe International Airport, and major rail infrastructure. The Reno-Sparks industrial market boasts more than 117 million square feet of inventory with continued strong tenant demand and declining vacancy, supported by Nevada’s tax-friendly business climate and logistics advantages serving Northern California and the Pacific Northwest.

“The Sparks submarket continues to be one of the most dynamic industrial markets in the country, offering exceptional access to West Coast population centers like San Francisco, Sacramento, and Los Angeles,” said Brian Scruggs, managing director of industrial acquisitions at Westmount Realty Capital. “The Lillard Drive portfolio provides immediate scale in this high demand logistics corridor and aligns perfectly with our strategy to acquire well located, infill, multi-tenant functional industrial assets with strong tenant demand and room for operational upside.”

For over 40 years, Westmount has focused on acquiring and operating premier industrial assets across the U.S. that deliver lasting value and growth potential.

About Westmount Realty Capital

Westmount Realty Capital, LLC is a time-tested, privately held, Dallas-based commercial real estate company that has achieved exceptional performance, with a core team in place, for 40 years. Westmount is seen as an innovator and leading-edge company in the industry and is a relationship-driven trusted operating partner of numerous U.S. and foreign institutional and private capital sources. The company is active within the U.S., specializing in value add and opportunistic investments, and has navigated successfully through multiple market cycles. For additional information, contact www.westmountrc.com.

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