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 Travis Hansen, SIOR, CCIM, represented the buyer, JAK Nevada, LLC, in purchasing 1530 East Newlands Drive in Fernley, Nevada. The 0.77-acre out parcel lot sold for $675,000.00. Located in the Walmart Center, the out parcel lies in the heart of Fernley’s retail hub with easy access to Interstate 80 and just 30 minutes East...
DCG’s Travis Hansen, SIOR, CCIM and Peter Larsen represented Hand Up Homes for Youth Northern Nevada in the sale of 2725 Yori Avenue in Reno, Nevada. This 6,072 square foot mixed-use building sold for $915,000. The building features a reception area, four private offices, four restrooms, a laundry room, an oversized kitchen, 2,500 square feet...
Reno based ski manufacturer, Moment Skis, has expanded its footprint with the purchase of its new Reno headquarters at 1085 Bible Way for $2.045 million. Located in the airport submarket, the manufacturing facility and office headquarters totals over 20,000 square feet. Since the acquisition late last year, Moment has made major renovations as they built...
DCG Multifamily; Trevor Richardson and Chris Moton represented the buyer, Latitude 39 Holdings LLC in the purchase of a six-plex apartment building located at 1101 East Taylor Street in Reno, Nevada. The 4,760 square foot multifamily building was purchased from Millbridge LLC for $1,675,000. The six-plex is located off of Kietzke Lane near the Interstate...
DCG is pleased to announce and congratulate our Multifamily team as they were granted CoStar’s Power Broker Award for the Top Sale Quarterly Deal in Q1’22. DCG Multifamily, Trevor Richardson and Chris Moton represented the seller in the 16-townhome sale in Reno’s Riverwalk District that sold for $8,500,000.
DCG represented both sides in the sale of an 8,030 square foot office located at 500 Damonte Ranch Parkway, Units 1008 & 1030. Randy Walker represented the seller while Patrick Riggs represented the buyer, Qbit, LLC in the $2,200,000 purchase. Amity Neurology is their business entity that will be occupying Unit 1030 while Finance of...
