Northern Nevada By Gary Tremaine, Dickson Commercial Group (DCG) The retail market in Washoe County remained steady in Q4, with vacancy moving down slightly to 3.8%, reflecting sustained demand for retail space. The quarter did not include any leases exceeding 6,000 sq. ft., indicating limited large-format leasing activity. The largest direct lease was Anthropologie’s 5,995 … [Read more...] about ReD Report
Dickson Commercial
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
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 ReportRetail Summary: Third Quarter 2024
Northern Nevada By Gary Tremaine, Dickson Commercial The retail market in Washoe County has remained strong throughout 2024. Although transaction volume reached only $36.7 million, showing a slight decline from Q2, retail vacancies continue at historic lows, with the overall vacancy rate dropping to 3.4 percent. Demand remains high among owner-users and investors despite … [Read more...] about ReD Report
Commercial RE ReportRetail Summary: Second Quarter 2022
Northern Nevada By Gary Tremaine & Amanda Brierton, Dickson Commercial Although the second quarter saw a considerable decrease overall in commercial sales, retail numbers increased in volume by almost $55 million. There were 20 total sale transactions in Q2 2022, totaling $97,968,389 in volume, the second highest quarter in the last few years. The Iron Horse shopping … [Read more...] about Commercial RE Report
Downtown Reno Partnership Announces Key Performance Indicators for Fiscal Year 2021-2022
Board of Directors also welcomes new Board Chair, Chris Shanks and thanks outgoing Board Chair, Par Tolles. Reno, Nev. – The Board of Directors for the Downtown Reno Partnership heard from Executive Director Alex Stettinski and executive staff announcing the end of year results for the 2021-2022 Fiscal Year, during the annual Board retreat at the Village at Rancharrah. The … [Read more...] about Downtown Reno Partnership Announces Key Performance Indicators for Fiscal Year 2021-2022
Commercial RE ReportRetail Summary: First Quarter 2022
Northern Nevada By Gary Tremaine & Amanda Brierton, Dickson Commercial Although 2021 ended with a large increase in volume (almost $200 million) investment activity in the first quarter dropped back down to $45 million in sales transactions to start the year. Which is more consistent with previous quarters going back 24 months. Redevelopment projects were a theme … [Read more...] about Commercial RE Report
Commercial RE Report: Retail SummaryFourth Quarter 2021
Northern Nevada By Gary Tremaine & Amanda Brierton | Dickson Commercial Retail had its strongest quarter of the year for sales with just over $188 million and 25 total sales in Q4. There were multiple shopping centers and larger multi-tenant sales that took place before year end. In west Reno, CAI Investments purchased the Cabela’s in Verdi for $39 million ($305.27 … [Read more...] about Commercial RE Report: Retail Summary
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
Building Medical: Keeping Pace with Healthcare Growth
With Nevada’s two major metropolitan areas continuing to grow, the healthcare industry is trying to keep pace. Nevada’s health industry regularly gets low marks in rankings, including an “F” for accessibility. As Las Vegas and Reno continue to evolve, both cities are experiencing the medical industry’s attempt to catch up. That attempt is reflected in the real estate … [Read more...] about Building Medical: Keeping Pace with Healthcare Growth
Dickson Commercial Group Sells Meadowood Retail Building
Sheila Colfer, CCIM and Fred Miller, SIOR of Dickson Commercial group recently represented Nevada investor, TS Properties, LLC in the acquisition of a 9,047 square foot retail property at 6395 South McCarran Boulevard. The building was purchased for $6,125,000 and featured a tenant mix that included Chipotle, Five Guys Burgers and Fries, and Pacific Dental Services, DBA Reno … [Read more...] about Dickson Commercial Group Sells Meadowood Retail Building
Industry Focus: Commercial Real Estate
As the economy recovers, commercial real estate is slowly regaining footing in the Silver State. Recently, executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the event. These monthly meetings are … [Read more...] about Industry Focus: Commercial Real Estate