Northern Nevada By Gary Tremaine, Senior VP of Retail, Dickson Commercial Group The retail market in Washoe County remained steady in Q1, with vacancy dropping from 3.8% to 3.4%, reflecting continued demand for retail space. The quarter included four leases exceeding 6,000 SF, marking an uptick in large-format leasing activity. With vacancy continuing to trend lower, the … [Read more...] about ReD Report
Avison Young
ReD ReportRetail Summary Third Quarter 2025
Northern Nevada By Gary Tremaine, Dickson Commercial In Q3 2025, retail investment in Washoe County posted another strong quarter, with transaction volume reaching $101,439,945, reflecting a sharp increase from the previous quarter. Activity was driven by sustained demand from both investors and owner-users, underscoring continued confidence in the local retail market. … [Read more...] about ReD Report
ReD ReportRetail Summary: Second Quarter 2025
Northern Nevada By Gary Tremaine, Dickson Commercial As we moved through Q2 2025, retail investment in Washoe County saw a notable surge, with transaction volume reaching over $75 million and marking a strong increase from the previous quarter. Single-tenant sales in Washoe County remained strong through Q2 2025, accounting for 76.47% of total retail transaction volume for … [Read more...] about ReD Report
Let’s Go ShoppingRetail in Nevada
Online shopping was already changing the face of retail when COVID hit and everything closed down. Without the ability to shop brick-and-mortar stores, consumers ramped up ordering online with delivery. Some physical stores closed, mom and pop or regional among them. Others were able to thrive post-lock down, pivoting and taking advantage of new shopping trends, from delivery … [Read more...] about Let’s Go Shopping
Retail SummaryFirst Quarter 2025
Northern Nevada By Gary Tremaine, Dickson Commercial Moving into 2025, the retail market in Washoe County continued to show strength, consistent with previous quarters. Transaction volume totaled $55,036,029—making it the second-highest quarterly volume recorded over the past year. Single-tenant sales in Washoe County remained strong in Q1 2025, making up 47.90 percent of … [Read more...] about Retail Summary
ReD ReportIndustrial Summary: First Quarter 2025
Northern Nevada By Grant Bollinger, CBRE | Reno The Reno industrial market was comprised of approximately 116 million sq. ft. at the close of Q1 2025. There were three new industrial buildings delivered to the market in Q1 2025, totaling 600,000 sq. ft. The construction pipeline had 1.5 million sq. ft. underway with another 15.9 million sq. ft. in various planning stages. … [Read more...] about ReD Report
ReD ReportRetail Summary: Fourth Quarter 2024
Northern Nevada By Gary Tremaine, Dickson Commercial Group As the year came to a close, the retail market in Washoe County remained resilient. Transaction volume reached $94,388,853, marking a significant increase from Q3, while retail vacancies remained at historic lows, with the overall vacancy rate edging up to 3.7%. Despite limited supply, demand from owner-users and … [Read more...] about ReD Report
Investing in the FutureCommercial Real Estate Investment in Nevada
There are five types of commercial real estate investment properties: office, industrial, retail, multifamily, and the niche market of hotel or hospitality properties. There are a handful of other products, but those are the most common for investors to take interest in. There are also different types of commercial real estate (CRE) investors. "You have investors … [Read more...] about Investing in the Future
ReD ReportRetail Summary: First Quarter 2024
Northern Nevada By Gary Tremaine, DCG The Washoe County retail market remains as strong as it did in previous quarters. While only reaching close to $38 million in transaction volume, retail vacancies remained at historic lows, signifying the sector is still in high demand. As consumer spending continues to increase, retail has become a center of attention for investors in … [Read more...] about ReD Report
Industrial Projects Transforming Nevada
Industrial projects at both ends of the state, especially big-box warehouse and distribution facilities, are playing a pivotal role in diversifying Nevada’s tourism-dependent economy. Large tracts of empty land are being transformed into industrial parks and high-tech hubs that increasingly attract out-of-state companies seeking proximity to West Coast markets without high … [Read more...] about Industrial Projects Transforming Nevada
ReD ReportRetail Summary: Fourth Quarter 2023
Northern Nevada By Gary Tremaine, Dickson Commercial Group The retail market in Washoe County continued to have a strong quarter, with over $93,653,731 in transaction volume. Q4 was highlighted with one large sale of $13,750,000, two sales over $9 million and an average sale price of $3,746,149. There is a continued interest in northern Nevada by both regional and national … [Read more...] about ReD Report
Last WordWhat Skills Do You Look for When Hiring New Staff?
Dave Dworkin Operations ManagerAvison Young “I believe in the character of the person over the skills they might have. You can train new hires to do almost anything. You can’t change who they are.” Angela CollinsRN, CHPN, MBA Chief Operating OfficerNathan Adelson Hospice “Aside from required licenses or certifications, the foremost things I look for when … [Read more...] about Last Word
Commercial RE Report Retail SummaryThird Quarter 2021
Northern Nevada By Gary Tremaine & Amanda Brierton, Dickson Commercial Retail had another strong quarter with Q3 total sales being $28.32 million and 10 total sales. The average price per square foot in the third quarter was $200. The first neighborhood center traded hands in the third quarter of 2021. The market has limited inventory and single tenant net leased … [Read more...] about Commercial RE Report Retail Summary
Back in the BuildingsProperty Management in Nevada
Nevada is quickly approaching the two-year mark since the beginning of the COVID-19 pandemic. From government mandates, social distancing, supply delays and a staffing crisis nationwide, business in the Silver State has had to adapt and change. Many industries were hit hard by these changes, including property management. But, in post-COVID Nevada, the industry is on its way … [Read more...] about Back in the Buildings
Commercial RE Report: Retail SummarySecond Quarter 2021
Northern Nevada By Dickson Commercial Group Retail had another strong quarter with Q2 total sales at nearly $48 million over 23 total sales. The average price per square foot in the first quarter was $356.76 with two sales over $1,000 per square foot. No neighborhood centers have traded hands in the first two quarters of 2021. The market has limited inventory and … [Read more...] about Commercial RE Report: Retail Summary