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Newport Beach’s Mark IV Capital Sells Nevada Land to Microsoft - Orange County Business Journal

Summary by ocbj.com
Mark IV Capital, a Newport Beach-based private equity firm specializing in real estate, sold 300 acres of open land to software giant Microsoft Corp. for about $71 million.  The property is in Fernley, Nevada, about 35 miles east of Reno, Nevada, and could be used as a data center. Apple Inc. also operates a data center in the Reno area.  The land sale is part of Victory Logistics District, a 4,300-acre master-planned industrial and logistics hu…
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ocbj.com broke the news in on Monday, April 28, 2025.
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