Benzinga | Jul 6, 2021 02:46PM EDT

GameStop Leases New Fulfillment Center In Nevada

* GameStop Corp (NYSE:GME) has entered into a lease of a 530,000 square foot facility in Reno, Nevada.

* The new fulfillment facility is expected to be operational in 2022.

* The presence in Reno, Nevada, is aimed at growing GameStop's product offerings and expediting shipping across the west coast.

* This expansion follows GameStop's entry into a lease of a 700,000 square foot facility in York, Pennsylvania.

* Price action: GME shares are trading lower by 3.32% at $196.09 on the last check Tuesday.