DCG’s Principal Tom Fennell, SIOR, CCIM, and Senior Vice President of Retail, Gary Tremaine, represented the seller in the sale of 13.52 acres located at the Red Rock Road intersection just off Highway 395. The Inland Group acquired the mixed-use land for $3,400,000 with plans for a 290-unit affordable housing development. Developer Inland Construction expects...
Author: Patrick (Patrick Sheehan)
DCG’s Senior Vice President of Retail, Gary Tremaine, Represents Landlord in 1,951 SF in South Meadows
DCG’s Senior Vice President of Retail, Gary Tremaine, represented the landlord in leasing 1,951 square feet of retail space at 465 South Meadows Parkway. Nuvo Insurance Services will be the newest tenant of the Double Diamond Town Center and will be located in Suites 1 & 2. The retail center is located directly east of...
DCG’s Travis Hansen, SIOR, CCIM, Represents Office Buyer at 620 East Plumb Lane
DCG’s Travis Hansen, SIOR, CCIM, represented the buyer, McMaster Properties, LLC, in purchasing a two-story professional office building located at 620 East Plumb Lane for $950,000.00. This two-story 4,968 square foot multi-tenant office building sits on a .22 acre lot and will be partially occupied by McMaster Consulting. The property has great frontage and visibility...
DCG’s Nick Knecht, 2022 NAIOP Northern Nevada Developing Leaders Chair, Congratulates this Year’s DLI Winners
Congratulations to this year’s 16 commercial real estate young professionals for completing the 8 month Developing Leaders Institute (DLI) program and to the winning team of the ground-up development proposal competition: L.J. Jackson with Ticor Title, Makenna Backstrom with eXp Realty, Marquis Onorato with Dermody Properties, and Sam Turman with Kimley-Horn for their “AirRace IndustriCenter”...
DCG’s Industrial Team Represents Buyer in 12.8 Acres at Tahoe Reno Industrial Center
DCG’s Industrial team, Nick Knecht, Joel Fountain, SIOR and Baker Krukow represented the buyer in purchasing 12.8 acres of land in the Tahoe Reno Industrial Center at 455 Italy Drive. The industrial zoned land was purchased for $3,763,584 by RDM Group, a New Jersey based developer with plans to deliver a 171,000 square foot industrial...
DCG’s Travis Hansen, SIOR, CCIM, Represents the Seller of 5410 Longley Lane
DCG’s Travis Hansen, SIOR, CCIM, represented the Seller, MSC Enterprise, LLC, in the disposition of a 7,159-square-foot office building located at 5410 Longley Lane. The Buyer, ACEC Legacy Holdings, LLC, Series A, purchased the office property for $2,842,000.00 or $396.98/SF on August 25, 2022. The single-story garden-style office is located in the Longley Professional Campus...
DCG Medical Group Announces Northern Nevada Medical Group’s New Damonte Ranch Location
DCG is pleased to announce Northern Nevada Medical Group’s newest location at 1021 Steamboat Parkway, Suite 120, a newly developed multi-tenant office building. DCG Medical Group’s Jamie Krahne, represented the tenant, Northern Nevada Medical Group. The primary care medical facility is located directly off Damonte Ranch Parkway in the heart of South Meadows. Neighboring the...
DCG’s Investment Team Represents Buyer in Sparks Industrial Sale
DCG’s Investment Team, Chris Shanks, CCIM, and Matt DeRicco represented the buyer, Hulda Way Investments, in the $4.53MM investment purchase of an industrial building located at 1425 Hulda Court in Sparks, NV. Built in 1994, this warehouse is 17,200 square feet and sits on a 2-acre fenced lot. The property is situated in the Sparks...
DCG Completes Sale of Downtown Reno Mixed-Use Property
DCG is pleased to announce the successful sale of 100 California Avenue, a 100% occupied mixed-use building in Downtown Reno that sold for $5,350,000. DCG’s Investment Team, Chris Shanks, CCIM, and Matt DeRicco, represented the seller, 100 Cal NV LLC, and DCG Principal Tom Fennell, SIOR, CCIM, represented the buyer. This mixed-use property comprises two...
DCG Represented the Seller in 13,440 SF Sparks Industrial Disposition
DCG’s Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Peter Larsen assisted the seller in the disposition of 1236 Glendale Avenue. The 13,440 square foot industrial building sold for $2,640,000 to an undisclosed buyer. This 0.5-acre parcel is located in the Sparks Industrial Submarket and close to Interstate 80 and Highway 395/Interstate 580. The building consists...