Northern Nevada By CBRE Reno The Northern Nevada industrial market continues to demonstrate strength and resiliency. Despite a slow start to the year that recorded just over 70,000 square feet of net absorption, Q2 2018 leasing activity was robust with 1.8 million square feet of net absorption and 2.5 million square feet of gross absorption. The remainder of the year is … [Read more...] about Industrial Summary: Second Quarter 2018
Reno real estate
Red Report: August 2018
E Sale, Office Address 302 & 304 Carson Ave., 89101 Buyer Drock 3rd Street LLC Seller Highbrook Investors Details 161,924 SF; $39.7 million APN 139-34-210-066 Seller Rep Kevin Shannon and Brunson Howard of Newmark Knight Frank Capital Markets Sale, Retail Address 1700 & 1710 Sahara Ave., 89104 Buyer Marks Garage One LLC Seller Jay Kim Details 35,440 SF; … [Read more...] about Red Report: August 2018
Park Lane Associates Announces Partnership with Lyon Living
Park Lane, the master-planned community on the corner of Plumb Lane and South Virginia Streets, announced a partnership with Lyon Living, a company that has created highly innovative multi-family and mixed-use projects in California, Colorado, Georgia and Florida. “Park Lane is all about the benefits of living and working in a neighborhood that spotlights the best of urban … [Read more...] about Park Lane Associates Announces Partnership with Lyon Living
Eight Dickson Realty Agents Named to the 2018 REAL Trends America’s Best Real Estate Professionals
Reno – Dickson Realty agents David Hughes, Joseph Wieczorek, Lori Welsh, Diana Renfroe, Beau Keenan, Rob Wonhof, Brooke Sullivan and Monica Gore have been named among America’s most productive sales associates as a part of REAL Trends America’s Best Real Estate Professionals, the newly issued ranking report produced by REAL Trends and sponsored by Adwerx. Dickson Realty agents … [Read more...] about Eight Dickson Realty Agents Named to the 2018 REAL Trends America’s Best Real Estate Professionals
Vida Luxury Living Introduces New Apartment Homes
Guardian Capital Partners, the team behind Vida Luxury Living, has commenced leasing of the 312 units on the 20-acre property to meet the unprecedented demand of housing in the Reno area. The multi-family community offers one, two and three-bedroom apartment homes in the foothills of Northwest Reno. Vida Luxury Living celebrated with a Grand Opening ceremony on Thursday, … [Read more...] about Vida Luxury Living Introduces New Apartment Homes
RSAR Announces Three Recipients for “REALTORS Build A Better Block” Project
RENO – The Reno/Sparks Association of REALTORS (RSAR) has selected three recipients for its annual “REALTORS Build A Better Block” project. These organizations submitted project plans to create a new public space by transforming an underused or unused space into a community meeting place that will be accessible to everyone. Each organization received $2,500 in funding and … [Read more...] about RSAR Announces Three Recipients for “REALTORS Build A Better Block” Project
RSAR Releases 2018 Second Quarter/June Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its 2018 second quarter and June 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). In the second quarter of 2018, the report showed … [Read more...] about RSAR Releases 2018 Second Quarter/June Existing Home Sales Report
National LGBT Real Estate Group Forms Las Vegas Chapter
Berkshire Hathaway HomeServices Nevada Properties is sponsoring a mixer July 25 to welcome the country’s top LGBT real estate association to Las Vegas, the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP). The mixer will be held from 5-7 p.m. at DW Bistro, located at 9275 West Russell Road in Southwest Las Vegas. NAGLREP is a leading association … [Read more...] about National LGBT Real Estate Group Forms Las Vegas Chapter
DCG Completes Multiple Retail Leases at New Golden Valley Development
Dickson Commercial Group (DCG) is pleased to announce the successful completion of two retail lease transactions at 440 Golden Valley. Senior Retail Broker Gary Tremaine represented the landlords, Dennis Banks & Art Hinckley, in the lease of two spaces at the 12,000-square foot, ground up retail center located 440 E. Golden Valley Road. Suite D with 1,200 square feet … [Read more...] about DCG Completes Multiple Retail Leases at New Golden Valley Development
DCG Completes Office Lease at Lexington Quail Office Park
Dickson Commercial Group (DCG) is pleased to announce a successful lease at Lexington Quail Office Park in Sparks, Nev. Pat Riggs and Travis Hansen, CCIM of DCG represented the landlord, Liberty Capital Partners II LLC, in the lease of 1,456 square feet of medical office space to Alma Clinic. Lexington Quail is a well-positioned medical and office park on McCarran Boulevard. … [Read more...] about DCG Completes Office Lease at Lexington Quail Office Park
CCIM Breaking Barriers: Exceeding Expectations
Among Southern Nevada’s commercial real estate professionals is an elite group of well-educated, experienced, dedicated and charitable individuals called Certified Commercial Investment Members (CCIMs). “Within CCIM there’s camaraderie and a community that I, in 30 years, have not seen in any other organization,” said Christopher McGarey, CCIM, of Berkshire Hathaway … [Read more...] about CCIM Breaking Barriers: Exceeding Expectations
Retail Summary: First Quarter 2018
Northern Nevada By NAI Alliance The Reno/Sparks retail market saw continued improvements in the first quarter of 2018. The total gross absorption was 141,799 square feet during the quarter with 31 tenants opening stores. The largest tenant opening was the 40,000 square foot Burlington in the Legends Center. Net absorption was a healthy 95,159 square feet. The overall … [Read more...] about Retail Summary: First Quarter 2018
Red Report: July 2018
BC Sale, Multi-Family Address 110 Ville Dr., 89005 Buyer OM Sun Property LLC Seller HPY Holdings, LLC Details 70 units; $45,000 per unit APN 186-04-501-003 Seller Rep Brett S. Beck of Virtus Commercial E Sale, Multi-Family Address 7055 Lake Mead Blvd., 89156 Buyer OpenPath Investment, LLC Seller Sundance Bay Details 304 units; $101,151 per unit APN … [Read more...] about Red Report: July 2018
DCG Partners Complete Two-Building Disposition in Reno’s Airport Submarket
DCG is pleased to announce the recent closing of two adjacent office buildings in the Airport Submarket of Reno, Nev. Dominic Brunetti, CCIM and Scott Shanks, SIOR represented the seller in the concurrent disposition of the buildings to two separate buyers. The 9,797 square foot building located at 1465 Terminal Way was sold for $795,000 to Seven K properties as an … [Read more...] about DCG Partners Complete Two-Building Disposition in Reno’s Airport Submarket
Industry Focus: Architects & Engineers
Architects and engineers are, oftentimes, the middle man for cities and developers. This central position brings with it a host of benefits as well as it’s share of challenges. Recently, executives representing architects and engineers in Nevada sat down at the Las Vegas offices of City National Bank to discuss their position in commercial real estate development and the future … [Read more...] about Industry Focus: Architects & Engineers