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, 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 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, 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 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’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...
DCG agents represented both sides in the transaction of the standalone flex-building at 8690 Technology Way. DCG’s Chris Shanks, CCIM, represented the seller, while Tom Fennell, SIOR, CCIM, and Matt DeRicco represented the buyer in the single tenant sale-leaseback. The property sold for $5,400,000 and had an in-place cap rate of 5.00%. This 17,701 square...
DCG’s Heidi Chisholm represented the buyer, Michael Ray Sutton Living Trust, in purchasing 1.19 acres of land at 135 Circuit Court in Spanish Springs, Nevada. The industrial-zoned parcel is positioned on the south end of the Spanish Springs Business Center, a 594-acre master-planned business park with many pre-approved industrial uses. The property lies 10 miles...
DCG’s retail team, Gary Tremaine and Amanda Brierton represented the Tenant, Yonder Aerials & Dance, LLC, leasing 2,000± square feet of industrial space in Unit 35 at 405 Western Road. Yonder Aerials & Dance is currently a virtual aerial studio; this will be its first brick-and-mortar location. Yonder Aerials offers various quality classes, including Silks,...
DCG congratulates our office team for being granted CoStar’s Power Broker Award for the second and third largest office lease in Q2 2022. DCG’s Office Team, Scott Shanks, SIOR and Dominic Brunetti, CCIM, and Patrick Riggs assisted the landlord, Basin Street Properties, in two of the largest leasing deals in the second quarter of 2022....
