DCG is pleased to announce the recent multifamily sale of the 12-Unit complex at 40 La Rue Street, closing on August 11th. DCG’s Investment Team, Chris Shanks and Matt Dericco represented the Buyer, and DCG’s Multifamily Team, Trevor Richardson and Chris Moton represented the ownership group in the $3,300,000 transaction. A stabilized property at the...
Dominic Brunetti, CCIM, Scott Shanks, SIOR, Chris Shanks, and Matt Dericco represented the seller of 135-145 Isidor Court in Sparks, Nevada. The two 100% net-leased flex units were sold as an investment portfolio, totaling 5,550 square feet on .13 acres of land. Located within the Spanish Springs Business Center, the two condos have direct access...
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...
We’re pleased to announce the investment sale at 222 Fairview Drive in Carson City, NV. Chris Shanks and Matt Dericco of DCG’s investment team and Nick Knecht of DCG’s industrial team represented the buyer. The 16,435 square foot property was 100% leased at the time of sale by Cash & Carry, formerly Smart Foodservice. And...
Congratulations to DCG’s Matt DeRicco on completing the 9-month long Developing Leaders Institute, Class of 2020. Matt was the broker on the team in completing a simulated ground-up development. DCG is a proud sponsor of the DLI program put on by NAIOP Nevada each year.
DCG is pleased to present the office property at 5470 Reno Corporate Drive, in Reno’s Meadowood Submarket. The 13,352 square foot property is located near the corner of Double R Boulevard and Reno Corporate Drive and features multiple occupancy configurations for an owner-user or investor. The first-floor leases have intentionally been converted to month-to-month to...
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...
