Reno – Ira Gostin, MBA, APR, the president and chief marketing officer of 120 West Strategic Communications, earned his Accreditation in Public Relations (APR) credential following the certification of his comprehensive examination on December 22, 2017. According to the Public Relations Society of America (PRSA), earning the APR credential demonstrates mastery and understanding … [Read more...] about Ira M. Gostin of 120 West Earns Accreditation in Public Relations – Agency Named “Most Innovative Strategic Marketing Agency” in Nevada
Reno real estate
Truckee Gaming, LLC Completes Acquisition of Three Nevada Casinos Owned by Pioneer Crossing Casinos
RENO - Truckee Gaming, LLC is pleased to announce that it has completed the acquisition of three casinos and additional land owned by Pioneer Crossing Casinos, LLC. The casinos are the Pioneer Crossing Casino in Dayton, Nevada; the Pioneer Crossing Casino in Fernley, Nevada; and the Pioneer Crossing Yerington in Yerington, Nevada. Truckee Gaming received Nevada gaming … [Read more...] about Truckee Gaming, LLC Completes Acquisition of Three Nevada Casinos Owned by Pioneer Crossing Casinos
Red Report: January 2018
BC Loan, Multi-Family ADDRESS 1307 Darlene Way, 891 Del Sol Dr. & 874 Del Rey Dr., 89005 LOAN OFFICER Ory Schwartz of NorthMarq Capital DETAILS NorthMarq Capital arranged acquisition financing of $6,036,000 for three multi-family properties in Boulder City. The transaction was structured with a 10-year term on a 30-year amortization schedule. E Sale, Office ADDRESS … [Read more...] about Red Report: January 2018
Retail Summary: Third Quarter 2017
Northern Nevada By NAI Alliance The Reno/Sparks retail market saw continued improvement in the third quarter. Two anchor tenants opened stores in the market this quarter. Grocery Outlet opened their fourth location in the Spanish Springs Shopping Center in a portion of the former Scolari’s grocery store site. Sprouts opened their first local store along with Starbuck’s in … [Read more...] about Retail Summary: Third Quarter 2017
Red Report: December 2017
E Sale, Industrial ADDRESS 4480 Calimesa St., 89115 BUYER 777 Corporate Relocation, LLC SELLER NLV Sagebrush, LLC| DETAILS 19,125 SF; $2,237,625 APN 140-05-210-023 BUYER’S REP Sean Zaher, CBRE Lease, Office ADDRESS 6875 Speedway Blvd., 89115 TENANT Exhibit Services, LLC LANDLORD Speedway Commerce Center, LLC c/o Harsch Investment Properties DETAILS 23,675 SF; … [Read more...] about Red Report: December 2017
Office Summary: Third Quarter 2017
Southern Nevada Las Vegas Valley’s office vacancy rate in Q3 2017 declined by 0.9 points to 18.3 percent from Q2 2017. Compared to Q3 2016, the office vacancy rate was down 1.8 points, from 20.1 percent. Vacancy rates ranged from 15.9 percent for Class C space to a high of 20.8 percent for Class B space in Q3. Las Vegas Valley’s office vacancy rate in Q3 2017 declined by 0.9 … [Read more...] about Office Summary: Third Quarter 2017
Red Report: November 2017
E Sale, Retail ADDRESS 1711 S. Main St. and 1736 & 1800 S. Las Vegas Blvd., 89104 BUYER 1700 Vegas, LLC SELLER Bali Family Trust, et al. DETAILS 28,560 SF; $6,350,000 APN 162-03-302-001 – 162-03-302-003 SELLER’S REP Paul Chaffee, CCIM, and Wil Chaffee, CCIM, SIOR of Sun Commercial Real Estate Sale, Multi-Family ADDRESS 5300 E. Craig Rd., 89115 BUYER IAVF … [Read more...] about Red Report: November 2017
Industrial Summary: Third Quarter 2017
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q3, 2017 was 5.5 percent, down 0.5 percentage points from the second quarter. Vacancies were down all product types except for light industrial. The quarter also saw a large amount of completions. The Valley’s industrial market remains healthy and continues to grow. Q3, 2017 saw 2.3 million square … [Read more...] about Industrial Summary: Third Quarter 2017
Commercial Real Estate Market Seeing More Construction, Lower Vacancy Rates
LAS VEGAS – A report released by Xceligent in partnership with the Commercial Alliance Las Vegas (CALV) paints a mostly positive picture of the commercial real estate market in Southern Nevada, with most sectors continuing to gain ground through the third quarter of 2017. “For the most part, the local commercial real estate market continues to get better each quarter,” said … [Read more...] about Commercial Real Estate Market Seeing More Construction, Lower Vacancy Rates
RSAR Releases 2017 Third Quarter/September Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its 2017 third quarter and September 2017 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) and includes sales of bank-owned (foreclosure) … [Read more...] about RSAR Releases 2017 Third Quarter/September Existing Home Sales Report
Red Report: October 2017
E Sale, Office ADDRESS 1750 E. Sahara Ave., 89104 BUYER Laborers International Union North America, Local 872 (LIUNA, Inc.) SELLER Greater Las Vegas Association of Realtors (GLVAR) DETAILS 25,952 SF; $2,750,000 APN 162-02-812-001 BUYER’S REP Peter Guzman SELLER’S REP David Scherer and Michael Hsu of Newmark Knight Frank Lease, Industrial ADDRESS 2930 Marco St., … [Read more...] about Red Report: October 2017
Red Report: September 2017
E Sale, Multi-Family ADDRESS 1011 N. 4th St., 89101 BUYER 1011 North 4th Street Casa Vista, LLC SELLER Casa Vista, LLC DETAILS 23 units; $52,174 per unit APN 139-27-603-003 SELLER’S REP Devin Lee, CCIM and Jerad Roberts of Northcap Multifamily Sale, Land ADDRESS 3919 E. Cheyenne Ave., 89115 BUYER 3919 Cheyenne, LLC SELLER Professional Investors DETAILS 4.9 acres; … [Read more...] about Red Report: September 2017
Office Summary: Second Quarter 2017
Southern Nevada Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 points to 19.2 percent from Q1 2017. Compared to Q2 2016, the office vacancy rate was down 1 point, from 20.2 percent. Vacancy rates ranged from 15.7 percent for Class C space to a high of 23.3 percent for Class A space in Q2. Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 … [Read more...] about Office Summary: Second Quarter 2017
Dickson Commercial Group Completes Lease Negotiations on Behalf of Nexus Brands Group on a Flex Building in Sparks
Sparks – Dickson Commercial Group is pleased to announce the successful lease transaction at 1020 S. Rock Blvd, Suite D, Sparks NV. Sheila Colfer, CCIM, and Fred Miller, SIOR, of Dickson Commercial Group (DCG) represented the tenant, Nexus Brands Group, who will operate light manufacturing of electronic components at the site. Nexus Brands leased 4,490 square feet in the … [Read more...] about Dickson Commercial Group Completes Lease Negotiations on Behalf of Nexus Brands Group on a Flex Building in Sparks
RSAR Releases July 2017 Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its July 2017 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 July 2017, the report showed Washoe County had 627 sales of existing … [Read more...] about RSAR Releases July 2017 Existing Home Sales Report