Industrial real estate isn’t static. Buildings are constructed, leased up and absorbed, vacancy rates fall and climb again, buildings constructed for one purpose end up serving another. Everything varies with the cycle of the economy. Industrial real estate itself is a microcosm view of the industries using it. The Nevada Market In Nevada, indicators point to continued … [Read more...] about Build-To-Suit, Spec, Flex: Nevada’s Industrial Real Estate Industry Has It All
Las Vegas commercial real estate
Office Summary: Fourth Quarter 2017
Northern Nevada By Colliers Reno The Reno office market finished 2017 strong with 61,734 square feet of positive net absorption year-to-date, despite the slight decrease in the fourth quarter with negative 17,608 square feet. The South Meadows submarket finished the year with positive 47,549 square feet of absorption, making it the top submarket in the area. In terms of … [Read more...] about Office Summary: Fourth Quarter 2017
Red Report: March 2018
E Sale, Industrial Address 5450 Stephanie St., 89122 Buyer Stephanie Industrial Park Seller NGP Stephanie Property Details: 206,474 SF; $905,000 APN 161-27-314-003 Seller Rep Dean Willmore, SIOR of Colliers International Sale, Multi-Family Address 4801 E Sahara Ave., 89104 Buyer 29SC Sahara LP Seller Prime Residential Details: 312 Units; $74,679 per unit APN … [Read more...] about Red Report: March 2018
SR Construction Builds New Skilled Nursing Facility
New facility will allow for easier transitioning for seniors SR Construction announces the construction of the Centennial Hills. Skilled Nursing Facility located on 8565 W. Rome Blvd., Las Vegas, NV 89149. The new building broke ground on January 25 and has an estimated completion date of early 2019. “We are honored to be a part of this remarkable project that will … [Read more...] about SR Construction Builds New Skilled Nursing Facility
Opendoor Changes Homebuying in Southern Nevada
Southern Nevada’s housing market is booming again, but the stress of buying or selling a home is keeping would-be consumers sidelined. Opendoor, a San Francisco-based home buying and selling company surveyed more than 1,000 Las Vegas homeowners and found 31 percent said they would rather get a root canal and 28 percent would rather get a colonoscopy than sell a … [Read more...] about Opendoor Changes Homebuying in Southern Nevada
First Locally-Designed Inspiration Home at Ascaya Is Complete, 7,660 Square Foot Residence Designed by Hoogland Architecture & Daniel Chenin
ASCAYA has completed its third Inspiration Home, located at 3 Cloud Chaser Blvd in the Henderson community. Exterior architecture was designed by Hoogland Architecture and interior architecture was designed by Daniel Joseph Chenin, both based in Las Vegas. This is the first of ASCAYA’s Inspiration Homes to be designed by local architecture firms. The 7,660 square foot home … [Read more...] about First Locally-Designed Inspiration Home at Ascaya Is Complete, 7,660 Square Foot Residence Designed by Hoogland Architecture & Daniel Chenin
S3 Development Acquires 40,000 Sq. Ft. 1950’s Brick Office Building in Downtown Reno
Reno – S3 Development with assistance from Dickson Commercial Group (DCG) is pleased to announce its most recent acquisition of Reno’s newest mixed-used redevelopment project at the southeast corner of Wells and Ryland. The 39,816 square-foot office building was purchased by S3 Development for $4,400,000. The building has visibility along both Wells and Ryland, and provides … [Read more...] about S3 Development Acquires 40,000 Sq. Ft. 1950’s Brick Office Building in Downtown Reno
Dermody Properties Begins Construction on 436,368 Square Feet in Reno
Developer has 615,000 Additional Square Feet Planned for Early 2018 RENO — Dermody Properties recently began construction on an additional building in its LogistiCenter(SM) at 395 Phase 2 in the North Valleys of Reno, Nev. The building will add 436,368 square feet, bringing the total square footage of LogistiCenter at 395 Phase 2 to 1,158,880. Completion is projected in … [Read more...] about Dermody Properties Begins Construction on 436,368 Square Feet in Reno
Lakeside Shopping Center Trades Hands to New Ownership Group
Reno – Dickson Commercial Group (DCG) is pleased to announce the sale of the Lakeridge Pointe Shopping Center, a 35,000 square-foot neighborhood center located in the Meadowood submarket of Reno. The property was purchased by an affiliate of Alignment Real Estate (ARE) from the original developer, Lakeridge Pointe Associates. ARE was represented by Chris Shanks, CCIM and Tom … [Read more...] about Lakeside Shopping Center Trades Hands to New Ownership Group
Odyssey Real Estate Capital Sells Parkway Medical Plaza At Interstate 215 And Green Valley Parkway
The 90,000 square foot medical building includes an exceptional location and tenant mix. LAS VEGAS - Las Vegas-based real estate investment firm Odyssey Real Estate Capital recently sold Parkway Medical Plaza on February 2, 2018. The 90,000-square-foot medical building at 100 North Green Valley Parkway is located at Interstate 215 and Green Valley Parkway in Las Vegas, … [Read more...] about Odyssey Real Estate Capital Sells Parkway Medical Plaza At Interstate 215 And Green Valley Parkway
Lindy Deller of Dickson Commercial Group Receives NAIOP Volunteer Of The Year Award
Reno – Dickson Commercial Group (DCG) congratulates Lindy Deller on receiving the 2018 NAIOP Volunteer Of The Year Award, a nationwide award for outstanding commitment to the organization. Deller was instrumental in creating the Developing Leaders Institute class for NAIOP Northern Nevada. Working with prominent leaders in the commercial real estate industry, Lindy created a … [Read more...] about Lindy Deller of Dickson Commercial Group Receives NAIOP Volunteer Of The Year Award
RSAR Releases January 2018 Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its January 2018 report on existing home sales in Washoe County, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com). During January 2018, the report showed Washoe County had 400 sales of … [Read more...] about RSAR Releases January 2018 Existing Home Sales Report
Industry Focus: Builders & Developers
Arguably the most beleaguered industry during the Great Recession, builders and developers have bounced back with a vengeance. Executives in this industry recently gathered to discuss their industry, the rebound and new challenges builders and developers face. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for this event. The magazine’s … [Read more...] about Industry Focus: Builders & Developers
Industrial Summary: Fourth Quarter 2017
Northern Nevada By CBRE Reno The Northern Nevada industrial real estate market showed strong performance in Q4 2017. With approximately 1.4 million square feet of positive net absorption recorded this quarter, the region’s 2017 positive absorption total grew to 3.9 million square feet. The completion of two new Class A speculative projects in Q4 added much-needed space to … [Read more...] about Industrial Summary: Fourth Quarter 2017
Red Report: February 2018
E Sale, Industrial ADDRESS 4620 Calimesa St., 89115 BUYER Bacio SELLER NLV Sagebrush DETAILS 22,750 SF; $2,661,750 APN 140-05-112-001 SELLER REPS Dan Doherty, SIOR and Paul Sweetland, SIOR of Colliers International Sale, Industrial ADDRESS 2782 Abels Ln., 89115 BUYER Aaron David Industrial SELLER Baldwin Holdings DETAILS 9,960 SF; $812,000 APN … [Read more...] about Red Report: February 2018