DCG’s Retail Team; Gary Tremaine and Amanda Brierton as well as principal, Tom Fennell, SIOR, CCIM represented the seller, Wells Fargo in the disposition of a former bank branch at 405 Idaho Street in Elko, Nevada. Previously occupied by Wells Fargo Bank, the 21,230 square foot freestanding building sold for $850,000.00. Built in 1970, the...
DCG Industrial broker Nick Knecht and DCG Principal, Tom Fennell, CCIM represented the ownership group, Sandbank Properties II LLC, in the sale of 7-acres of industrial land at 290 Logan Lane in Fernley, Nevada. The parcel has freeway visibility and is adjacent to the new American Battery facility being constructed on Logan lane. The New...
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...
The Northern Nevada Business Weekly (NNBW) recently announced their “Best in Business” contest winners and we are excited to announce that Dickson Commercial Group won first place as Best Commercial Real Estate Company for the second consecutive year. “DCG is very honored to have received the award for best CRE firm for the second year...
DCG’s Patrick Riggs represented the seller and Tom Fennell, CCIM represented the buyer. The 9,625 square foot office building investment was sold on November 22nd for $2,800,000. Neighbored by businesses such as First Independent Bank Center and the Village at Rancharrah, 5375 Kietzke Lane is situated in a highly desirable area. Equipped with three separate...
DCG’s Tom Fennell, CCIM, and Nick Knecht represented the sellers of 9736 South Virginia Street in their disposition of Suites F and G on October 26th, 2021. DCG’s Matt DeRicco, Chris Shanks, CCIM, and Corinna White represented the California-based buyer in their 1031 exchange. Located in the heart of the South Meadows submarket, the 10,880...
DCG is pleased to announce the recent lease transaction at 175 Salomon Circle in Sparks, Nevada. Tom Fennell, CCIM, and Nick Knecht of DCG represented the landlord while Joel Fountain and Baker Krukow represented the tenant, Quick Space. Quick Space offers portable business solutions including renting and selling storage containers, semi-van trailers, field and mobile...
DCG is proud to announce the portfolio sale of 1610 and 1630 Kleppe Lane in Sparks, Nevada. DCG’s industrial team of Joel Fountain, SIOR, Baker Krukow, and Nick Knecht, along with DCG principal Tom Fennell, CCIM represented the seller exclusively. The DCG team conducted a bid process that resulted in 14 offers with a final...
DCG’s Tom Fennell, CCIM represented the purchasing entity in the recent acquisition of 5371 Kietzke Lane, which closed in late August for $2,600,000. Adjacent to Reno’s newest office development, The Village at Rancharrah, the 7,571 square foot office space is conveniently situated in Reno’s Meadowood Submarket within the First Independent Bank Center. Sunshine Industrial, LLC...
DCG’s Industrial team; Joel Fountain, SIOR, Baker Krukow, and Nick Knecht, and Tom Fennell, CCIM represented Mckenzie Properties in the acquisition of 2 land parcels located at Old Virginia Road and Interstate 580 in South Reno. The 2 parcels, totaling 24.82 acres of land, were sold to McKenzie Properties for $11,294,509 on April 1st, 2021....
