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
Dickson Commercial Group
Nevada’s New NormalCommercial Real Estate Office Market After COVID
When earthshaking events occur, there's often consensus that nothing will ever be the same. Followed often by everything being pretty much the same. But COVID caused a monumental shift in everything, including commercial real estate, and the effects still resonate. Back when the lockdown hit, companies scrambled to stay afloat, some changing how they did business, others … [Read more...] about Nevada’s New Normal
Dickson Commercial Group (DCG) Announces New Partner: Jamie Krahne
Reno, Nevada - Dickson Commercial Group (DCG), northern Nevada’s leading full-service commercial real estate brokerage company, is pleased to announce the promotion of Jamie Krahne to partner. At DCG, Krahne manages a medical office portfolio exceeding one million square feet. She provides comprehensive services across marketing, leasing, property operations and construction … [Read more...] about Dickson Commercial Group (DCG) Announces New Partner: Jamie Krahne
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
Dickson Commercial Group (DCG) Welcomes Three New Partners
Reno, Nevada - Dickson Commercial Group (DCG), northern Nevada's largest full-service commercial real estate brokerage company, is excited to welcome three new partners to the company: Chris Shanks, CCIM, Joel Fountain, SIOR, and Travis Hansen, SIOR, CCIM. Chris Shanks, senior vice president, CCIM, joined DCG in 2014 focusing on investment sales. Shanks has been in the … [Read more...] about Dickson Commercial Group (DCG) Welcomes Three New Partners
Dickson Commercial Group (DCG) Welcomes Three New Partners
Dickson Commercial Group (DCG), northern Nevada's largest full-service commercial real estate brokerage company, is excited to welcome three new partners to the company: Chris Shanks, CCIM, Joel Fountain, SIOR, and Travis Hansen, SIOR, CCIM. Chris Shanks, senior vice president, CCIM, joined DCG in 2014 focusing on investment sales. Shanks has been in the industry for more than … [Read more...] about Dickson Commercial Group (DCG) Welcomes Three New Partners
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
ReD ReportRetail Summary: Third Quarter 2023
Northern Nevada By Gary Tremaine, Dickson Commercial Group The retail market in northern Nevada has encountered ongoing obstacles in terms of development, such as elevated construction expenses and the imperative to address escalating inflation. Nevertheless, there are several new projects advancing. Both regional and national tenants have shown sustained interest in our … [Read more...] about ReD Report
Commercial RE ReportRetail Summary First Quarter 2023
Northern Nevada By Gary Tremaine, Dickson Commercial Group The first quarter of the year saw a significant increase in volume over Q4 2022, but most of the volume increase was due to the sale of the Summit Mall, acquired by Rhino Properties in South Meadows. There was a decrease in sales in Q1 2023 compared to Q4 2022, but a decent increase in sales volume and average … [Read more...] about Commercial RE Report
Baker Krukow of Dickson Commercial Group Earns CCIM Designation
Dickson Commercial Group (DCG) congratulates Baker Krukow, senior advisor, industrial, for obtaining his Certified Commercial Investment Member (CCIM) designation. The CCIM designation is awarded upon successful completion of an advanced education curriculum, presentation of an extensive portfolio of qualifying industry experience, and passing the Institute’s Comprehensive … [Read more...] about Baker Krukow of Dickson Commercial Group Earns CCIM Designation
DCG Industrial Team Announces Prism Realty’s ±143,640 SF Planned North Valleys Industrial Center Development
(RENO, Nevada) -- Dickson Commercial Group (DCG) is pleased to announce the development of North Valleys Industrial Center by Prism Realty Corporation, a ±143,640 square foot Class A industrial building located at 9630 North Virginia Street with planned delivery in Q2 2024. The project will offer availability for a single full building user or can be demised to a minimum of … [Read more...] about DCG Industrial Team Announces Prism Realty’s ±143,640 SF Planned North Valleys Industrial Center Development
Commercial RE ReportRetail Summary Fourth Quarter 2022
Northern Nevada By Gary Tremaine, Dickson Commercial Group The fourth quarter sales volume for Q4 2022 saw a slight increase in comparison to the prior quarter, with an increase of nearly $8 million, but the year ended up with much lower transaction volume in 2022. There was a decrease in both volume and number of sales in 2022, but a slight increase in the average price … [Read more...] about Commercial RE Report
Dickson Commercial Group Announces the Promotion of Patrick Riggs to Vice President
(RENO, Nev.) -- Dickson Commercial Group (DCG) would like to congratulate office broker Patrick Riggs for recently becoming vice president within DCG. The promotion is a result of the combination of recent transactional production and tenure in the commercial real estate market. “Patrick made an immediate impact in the market through the utilization of his sound financial … [Read more...] about Dickson Commercial Group Announces the Promotion of Patrick Riggs to Vice President
Dickson Commercial Group Announces the Promotion of Nick Knecht, CCIM to Vice President
(RENO, Nev.) -- Dickson Commercial Group (DCG) would like to congratulate industrial broker Nick Knecht, CCIM for recently becoming vice president within DCG. The promotion is a result of the combination of both recent transactional production and tenure in the industrial market. “This promotion helps recognize the swift momentum that Nick has already applied to his early … [Read more...] about Dickson Commercial Group Announces the Promotion of Nick Knecht, CCIM to Vice President
Dickson Commercial Group Completes MidTown Restaurant and Business Sale
(RENO, Nev.) -- Dickson Commercial Group (DCG) is pleased to announce the recent successful transaction including the real estate and business of the former Silver Peak restaurant and brewery in MidTown Reno. DCG’s senior vice president of retail, Gary Tremaine represented the real estate ownership group in selling the 6,818 square-foot restaurant and former brewery building … [Read more...] about Dickson Commercial Group Completes MidTown Restaurant and Business Sale