DCG’s retail team members; Gary Tremaine and Amanda Brierton represented a property owner in the sale of a multi-tenant leased investment property for $900,000 in Q1, 2021. The sale included two buildings totaling over 7,000 square feet.
Author: Patrick (Patrick Sheehan)
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100% Leased Sparks Office
DCG’s office team; Dominic Brunetti, CCIM, Scott Shanks, SIOR and Patrick Riggs successfully leased all the remaining vacancies at the office building of 5050 Vista Blvd in the Sparks Submarket. DCG completed 4 lease transactions through the height of the pandemic to a variety of different tenants including Artmedic Designs, Premier Family Mortgage, Reno Regenerative...
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DCG Sells Office Building in Caughlin Ranch
DCG is pleased to announce the recent single-tenant office building sale completed by Don Welsh, who represented the seller in the disposition of 990 Caughlin Crossing. The 5,164 square feet of office building sold for $1,825,000 ($353 per square foot) and was 100% occupied at the time of sale.
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DCG Industrial Team Leases 24,000 Square Feet In Sparks
DCG Industrial Team Leases 24,000 Square Feet In Sparks DCG’s industrial team; Joel Fountain, Baker Krukow, and Nick Knecht represented the tenant, Distribution International (DI), in the 24,000 Square Feet sublease at 870 Bergin Way in Sparks, NV as part of a relocation/expansion of their Northern Nevada operations. DI is North America’s leading mechanical insulation...
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The Office is not Dead, 85% Are Ready to Return
What is the Eden Workplace Return to Office Survey? With the vaccine rollout providing the nation with optimism about some semblance of “normal” life starting to return in the coming months, our friends at Eden Workplace wanted to better understand how workers feel about returning to the office. Is the office dead? (It’s not). Do...
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DCG Leases Retail in Downtown Reno’s Riverwalk District
DCG retail broker Amanda Brierton represented the landlord in the recent lease renewal to Activities Reno Tahoe, who will continue occupancy of Suite 101 at 11 North Sierra St, facing the Truckee River in Downtown Reno. Activities Reno Tahoe, LLC dba Sierra Adventures is an outdoor tour operator serving Reno and Lake Tahoe.
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DCG Leases 6,051 Square Feet to Thrive Wellness
Dominic Brunetti, CCIM and Scott Shanks, SIOR of DCG represented Thrive Wellness in a new lease at 599 California Avenue. Thrive will occupy the 6,051 square foot single-tenant office building located in Downtown Reno. Thrive Wellness specializes in outpatient therapy and a wide range of counseling topics.
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DCG Completes Multiple Office Investment Transactions
Tom Fennell, CCIM, Matt Dericco and Chris Shanks, CCIM of DCG represented an exchange buyer in the purchase of 1100 California Avenue. The 4,540 square foot multi-tenant office building featured 3 tenants and sold for $1,700,000 with a 6.71% cap rate in Q1 of this year. In South Meadows, Fennell, Dericco and Shanks represented the...
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DCG Represents Buyer in South Washoe Valley Industrial – Office Deal
Travis Hansen, CCIM of DCG represented the buyer in the purchase of 220 Highway 395 South, Washoe 89704. CCMH, LLC acquired the property consisting of a 6,051 square foot industrial building and a 1,581 square foot office building situated on 2.02 acres for $1,234,000.00 in early March. The Buyer plans to occupy the property upon...
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DCG Completes Acquisition and Lease of South Meadows Office Building. Announces New Speculative Office Building.
DCG is pleased to announce a recent closing for the office building and adjacent land at 9500 and 9510 Prototype Drive in South Meadows. The combined purchase price totaled $815,150.00. The building sold for $715,250 or $250/SF and the 2,938 SF office pad sold for $99,900. Travis Hansen, CCIM represented the Seller, Nelson Revocable Living...
