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...
DCG is pleased to announce a recent medical office investment sale in Sparks, Nevada. DCG principals Dominic Brunetti, CCIM and Scott Shanks, SIOR along with DCG’s investment team, Chris Shanks, CCIM and Matt Dericco represented the buyer, Washoe Redevelopment, in the acquisition of the 21,781 square foot, multi-tenant medical office building at 5070 Ion Drive....
DCG’s Investment Team, Chris Shanks and Matt Dericco represented the sellers in both 10391 and 10591 Double R Boulevard. 10391 Double R Boulevard, a 3,426 Square foot office building was purchased by Culpepper Psychiatric Associates LLC for $950,000 on December 22, 2020. Chris Shanks, Matt Dericco and Tom Fennell represented the seller in the sale-leaseback...
DCG is pleased to announce the recent sale of 941 South Virginia Street. Multifamily team, Trevor Richardson and Chris Moton represented both sides of the acquisition that closed October 2, 2020. The 8,080 square foot multifamily converted motel stands on a .33 acre lot centrally located in Reno’s hip Midtown district. The Best Bet Motor...
DCG is pleased to announce the recent transaction completed by the investment team. Chris Shanks, CCIM and Matt Dericco of DCG represented a Northern California based 1031 buyer in the purchase of the 14,920 sq. ft. multi-tenant retail building at 9570 South McCarran Blvd, in Northwest Reno. Tenants included Anna’s Mexican Grill, Quik Smog, Advanced...
