Reno-based Commercial Real Estate firm DCG recently announced the sale of the South Meadows Promenade Shopping Center, which was purchased by an investor in a 1031-exchange for $34M on December 15th, 2021. The center was 100% occupied at close of escrow and had an in-place cap rate of 5.00%. Tom Fennell, CCIM and Principal with...
Gary Tremaine and Amanda Brierton of DCG’s Retail Team represented Mofo’s Pizza & Pasta in leasing 2,800 square feet at Galena Junction (Raley’s anchored shopping center). This will be their first location in Reno, but their second location overall. Mofo’s Pizza is an old-fashioned pizza parlor and Italian restaurant that originated in Incline Village. This...
