Reno – Dickson Commercial Group is pleased to announce the successful sale at 510 E. Plumb Lane.c, LLC purchased the two-story, 6,042 square foot office building from G-4, LLC, a company out of Scranton, Pennsylvania. Dixon will use the space as a corporate headquarters and general office space. Sheila Colfer, CCIM, and Fred Miller, SIOR, of Dickson Commercial Group (DCG) … [Read more...] about Dickson Commercial Group Represents Buyer Of Office Building on Plumb Lane
Nevada commercial real estate
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...] about Industry Focus: Commercial Real Estate
Live-Work-Play Repeat: Mixed-Use Projects Regain Traction
The 45-acre site of the former Park Lane Mall in Reno—about seven times the size of Reno’s Greater Nevada Field ballpark—has sat vacant for ten years but now is about to get made over into a development encompassing residential, retail and commercial components. As of mid-April, ground was slated to break soon on the infrastructure, then the 1,260 apartments to be followed … [Read more...] about Live-Work-Play Repeat: Mixed-Use Projects Regain Traction
Red Report: May 2017
E Project, Industrial ADDRESS NEC of Las Vegas Blvd. & N. Walnut Rd., 89115 CONTRACTOR OF RECORD United Construction DETAILS The placement of the first wall panels for the 546,480 square foot LogistiCenter is complete. The building is slated for completion by the end of the second quarter of 2017. Sale, Office ADDRESS 1785 E. Sahara Ave., 89104 BUYER 1785 Office … [Read more...] about Red Report: May 2017
Put Some Spring into Your Design with a Designers Showcase Featuring HGTV Stars of the New Hit Show, Flip or Flop Las Vegas
Las Vegas locals, Bristol & Aubrey Marunde, featured this month at Tivoli Village A Designers Showcase Event at Tivoli Village on Saturday, April 22, 2017 at the picturesque Piazza located next to Restoration Hardware from 9am-2pm welcomes Bristol & Aubrey Marunde, stars of the new hit HGTV Show, Flip or Flop Las Vegas. Fresh off their season premiere of HGTV’s … [Read more...] about Put Some Spring into Your Design with a Designers Showcase Featuring HGTV Stars of the New Hit Show, Flip or Flop Las Vegas
Partner and Broker Tom Fennell Earns the Certified Commercial Investment Member (CCIM) Designation
Reno – Dickson Commercial Group (DCG) is pleased to announce that partner and broker Tom Fennell has earned the Certified Commercial Investment Member (CCIM) designation, commercial real estate’s global standard for professional achievement. The CCIM designation is awarded upon successful completion of a graduate-level education curriculum, presentation of a portfolio of … [Read more...] about Partner and Broker Tom Fennell Earns the Certified Commercial Investment Member (CCIM) Designation
Raiders Aren’t Only Ones Moving to Las Vegas, Where Home Prices and Sales Are Rising
GLVAR Housing Statistics for March 2017 LAS VEGAS – The recent trend of rising home prices and sales in Southern Nevada continued through March, according to a report released Friday by the Greater Las Vegas Association of REALTORS (GLVAR). GLVAR reported the median price of existing single-family homes sold during March through its Multiple Listing Service (MLS) … [Read more...] about Raiders Aren’t Only Ones Moving to Las Vegas, Where Home Prices and Sales Are Rising
Dickson Commercial Group Represents Seller in a 12-Unit Carson City Multifamily Transaction
Reno – Dickson Commercial Group is pleased to announce the successful transaction at 1400, 1404, 1408 Como Street, Carson City, NV 89701 off East 5th Street near the Nevada State Capitol Building. The 12-unit assemblage consists of three apartment buildings. Each of the 12 units features a three bedroom, two bath layout approximately 1,161 square feet in size. The assemblage … [Read more...] about Dickson Commercial Group Represents Seller in a 12-Unit Carson City Multifamily Transaction
Odyssey Real Estate Capital Acquires Class a Suburban Building at City Center West
Odyssey Real Estate Capital acquires a 106,000-square-foot Class A suburban office building at City Center West at U.S. Route 95's Lake Mead exit. LAS VEGAS – Odyssey Real Estate Capital, a Las Vegas-based real estate investment firm, is pleased to announce its acquisition of 7251 West Lake Mead Boulevard, one of two identical buildings at City Center West. The … [Read more...] about Odyssey Real Estate Capital Acquires Class a Suburban Building at City Center West
Commercial Real Estate Market in Southern Nevada a Mixed Bag, with Retail Leveling off While Area Adds Office and Industrial Space
LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada to be a bit of a mixed bag, with the retail market leveling off in the first quarter of 2017 and the office and industrial markets absorbing space almost as fast as it’s being built. CALV President Jennifer Ott, CCIM, and a … [Read more...] about Commercial Real Estate Market in Southern Nevada a Mixed Bag, with Retail Leveling off While Area Adds Office and Industrial Space
Developing Big Boxes: Growth in Nevada’s Industrial Market
That sound that developers of industrial properties hear in the background is the ticking of the clock counting down the longest-lived economic recovery since World War II. But although the ticks are growing louder, demand for space from new and expanding industrial companies keeps developers busy in Las Vegas and Reno alike. The reasons for the boom are a well-told … [Read more...] about Developing Big Boxes: Growth in Nevada’s Industrial Market
Red Report: April 2017
N Sale, Retail ADDRESS 8043 – 8053 N. Durango Dr., 89131 BUYER Durango SNS, LLC SELLER SSB Propco, LLC DETAILS 11,060 SF; $2,225,000 APN 125-08-817-002 SELLER’S REP Dustin R. Alvino of Marcus & Millichap Sale, Land ADDRESS SEC of Rainbow Blvd. & Ann Rd., 89130 BUYER Herbst Development, LLC SELLER Rainbow Ann 1, LLC DETAILS 1.64 acres; $1.4 million APN … [Read more...] about Red Report: April 2017
Retail Summary: Fourth Quarter 2016
Southern Nevada The Las Vegas Valley anchored retail had an encouraging finish to 2016 with vacancy dropping 0.7 points from 11.2 percent in Q3, 2016 to 10.5 percent in Q4, 2016. At the end of Q4, vacancy rates were 6.8 percent in power centers, 11.8 percent in community centers and 11.4 percent in neighborhood centers. Record high taxable sales are playing a significant role … [Read more...] about Retail Summary: Fourth Quarter 2016
The McGarey Group Named #1 Berkshire Hathaway HomeServices Commercial Team in U.S.
LAS VEGAS - The McGarey Group, a commercial real estate division of Berkshire Hathaway HomeServices Nevada Properties, was recognized as the top-producing team throughout Berkshire Hathaway HomeServices for 2016. This is the fourth consecutive year the team has ranked #1 in the nation and the eighth year in a row that it has been one of top five ranked commercial teams in the … [Read more...] about The McGarey Group Named #1 Berkshire Hathaway HomeServices Commercial Team in U.S.
CALV hosts May 3 mixer for commercial real estate professionals
LAS VEGAS – Commercial Alliance Las Vegas (CALV) is hosting its annual spring networking mixer for local commercial real estate professionals on Wednesday, May 3, from 5:30 to 7:30 p.m. at the Cili Restaurant at the Bali Hai Golf Club, 5160 Las Vegas Blvd. South. Event sponsors and partners include the local chapters of the Appraisal Institute; BOMA (Building Owners and … [Read more...] about CALV hosts May 3 mixer for commercial real estate professionals