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FACILITIESAPPROVED

Nevada System of Higher Education Board of Regents Agenda 2026-06-11

TMCC to Purchase High Sierra Property for $6.9 Million

$6,900,000Nevada System Of Higher Education-System OfficeHIGH SIERRA INDUSTRIES INCJune 11, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The Board of Regents authorized the $6.9 million purchase of the 555 Reactor Way property in Reno from High Sierra Industries, Inc., expanding facilities for TMCC.

Contract Details

Contract Amount

$6,900,000

Vendor

HIGH SIERRA INDUSTRIES INC

Agency

Nevada System Of Higher Education-System Office, NV

Contract Type

FACILITIES

Document Date

June 11, 2026

Renewal Info

Includes assumption of grant agreement; two five-year renewals for related Water Rights Lease Agreement referenced in same section, but not directly for this property purchase.

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