Detroit, Michigan – DCG’s Scott Shanks, SIOR, and Joel Fountain, SIOR, attended the 2023 Corfac Fall Summit in Detroit from September 27th through the 30th to gain valuable insights into the commercial real estate industry. The summit’s primary focus was enhancing industry knowledge and developing a purpose-driven approach to benefit clients and investors. CORFAC International,...
The Economic Development Authority of Western Nevada (EDAWN) announced two new technology company headquarters moving to the Northern Nevada region at a live-streamed press conference today. Stem Express and PayCertify are expected to create more than 200 combined biotech and fintech jobs over the next several years. The location of these fast-growing companies in Reno...
No sector of commercial real estate has been battered harder during the COVID-19 pandemic than retail. From big box brick-and-mortar retailers to smaller, locally owned businesses, it’s been hard times for many retailers since the economic shutdown shuttered businesses in late March. Yet there still are some bright spots in Northern Nevada’s retail industry. Highlights...
The Oddie District, A Work·Live·Make Innovation Hub represents the future of best practices in Adaptive Re-use of Big Box Retail. A Live-work multi-family housing wrapped around a culture of commercial, industrial, arts, and production while also providing a quick-serve restaurant park. The conversion of a vacant, 210,000 square foot Lowe’s Home Improvement Big Box, the...
The merger between Eldorado Resorts Inc. and Caesars Entertainment Corp. is official, creating the largest casino and gaming company in the United States. The completion of the merger was announced by the new Ceasars Entertainment Inc. on Monday. The companies secured the final approval they needed on Friday after New Jersey regulators consented to the merger. “We are...
RENO CAPITALIZES ON RELOCATIONS FROM PLACES LIKE CALIFORNIA The Reno/Sparks office market is in a unique position: caught in the throes of a rapidly expanding commercial marketplace and aided by an ever-increasing population base. The most vibrant commercial real estate sectors in our area are industrial and multifamily, and they have been for decades. The...
The historic $2-trillion economic stimulus bill agreed upon by House and Senate leaders early Wednesday morning in response to the COVID-19 pandemic has a number of positive implications for commercial real estate, according to NAIOP analysis. Among them is a technical correction to the Qualified Improvement Property provision in the 2017 Tax Cuts and Jobs...
We are proud to be involved with helping Talage locate their office in Reno at S3’s newly developed 300 S Wells. Talage, a Reno, Nev.-based digital insurance platform, closed a $5m Series A funding. The round was led by Merus Capital, with participation from Calibrate Ventures, WTI and Hallador Investment Advisors. The company intends to...
Admiring steel in the air as walking The Village at Rancharrah. Only 12,000 square feet of office space remains. Congrats to Tolles Development Company and DCG; let’s keep the momentum going. View The Village at Rancharrah Brochure
Twenty-two companies that relocated to Greater Reno-Sparks, in addition to several existing companies that expanded their workforce this year, were honored Dec. 12 at the Economic Development of Western Nevada’s “2019 New and Expanded Companies” welcome reception. According to a press release from EDAWN, 11 technology-related companies represented the largest industry segment of new companies...
