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Dickson Commercial Group is pleased to announce the successful sale of 500 University Way, a unique multifamily asset located in the heart of Downtown Reno. Gerrit Hillebrand, CCIM proudly represented the seller in this transaction, bringing a well-positioned property to market and connecting it with a buyer seeking opportunity in one of Northern Nevada's most dynamic neighborhoods.As demand continues to grow for well-located housing and redevelopment opportunities, this transaction reflects the ongoing strength of the Reno multifamily property market and the appeal of assets located near major employment, education, and entertainment hubs.A Strategic Downtown Reno LocationSituated at the intersection of E. 5th Street and University Way, 500 University Way offers a location that is difficult to replicate. The property sits within walking distance of the University of Nevada, Reno, Greater Nevada Field, The ROW, and numerous restaurants, entertainment venues, and downtown amenities.Its proximity to Interstate 80 and North Virginia Street provides convenient regional access while maintaining a strong connection to Reno's urban core. For investors evaluating a Reno multifamily property, location remains one of the most important drivers of long-term value, and this asset checked many of the boxes that continue to attract interest in the market.A Property Built for PossibilityThe 6,807-square-foot multifamily complex features two-story block and masonry construction, 14 on-site parking spaces, and renovations completed in 2019. Built in 1966, the property offered investors a combination of existing improvements and future potential.Located within the Mixed-Use Downtown Entertainment District, the site presented a range of possibilities. Whether viewed as a multifamily investment Reno opportunity, a student housing concept, or a future revitalization project, the property's flexibility contributed to its appeal among prospective buyers.For many investors, identifying assets with multiple potential paths forward is a key part of building value. This multifamily investment Reno opportunity stood out because of its location, zoning, and proximity to one of the region's largest student populations.Why Investors Continue to Target Downtown RenoDowntown Reno has experienced significant transformation over the past decade. Public and private investment, population growth, and continued economic diversification have strengthened investor confidence throughout the region.As a result, demand for Northern Nevada multifamily real estate has remained strong, particularly for properties located near major employment centers, entertainment districts, and educational institutions. Assets that offer redevelopment potential or repositioning opportunities often generate substantial interest from buyers seeking long-term growth.This transaction demonstrates how investors continue to recognize the value of Northern Nevada multifamily real estate in strategic urban locations. With limited inventory and increasing demand, opportunities like 500 University Way continue to attract attention from both local and out-of-state buyers.Delivering Results for OwnershipSuccessfully marketing and selling investment properties requires more than simply listing an asset. It requires understanding how to position a property's strengths, communicate its potential, and connect with the right audience of qualified buyers.For the ownership of 500 University Way, our focus was on highlighting the property's unique combination of location, zoning, accessibility, and future opportunity. Those characteristics resonated strongly within the market and ultimately contributed to a successful outcome.Transactions like this reinforce why investors continue to seek Reno multifamily property opportunities and why multifamily investment Reno remains a highly searched and competitive segment of the commercial real estate market. They also underscore the continued demand for quality Northern Nevada multifamily real estate as the region grows and evolves.We are grateful for the opportunity to represent the seller in this transaction and look forward to helping clients navigate future investment opportunities throughout Reno and Northern Nevada.Whether you're considering the sale of a multifamily asset, evaluating redevelopment opportunities, or looking to expand your investment portfolio, our team can help you navigate the Northern Nevada market with confidence. Contact Dickson Commercial Group to learn how our market expertise and strategic approach can help you maximize value in your next transaction.
• Travis Hansen, SIOR, CCIM, Fred Miller, Josh Menante, and Magalee Curiel Lomeli of DCG represented the seller, The Brown 2012 Trust.• 1C Inglewood Drive in Fernley, NV, sold for $645,000.• Located between The Meadows at Inglewood, Fernley’s newest retail and office development, and the Pioneer Crossing Casino.• Excellent visibility from U.S. Highway 50A and only 1.5 miles to I-80.
2588 Precision Dr in Minden, NV was acquired for $425,000 Zoned Light Industrial Land within the Carson Valley Business Park near Hwy 395 ±20,000 SF proposed building  Flexible design to accommodate single or multi-tenant users10,000 SF Available for Lease
DCG’s Dominic Brunetti and Patrick Riggs represented the seller, Madjack Properties LLC, in the $610,400 sale of 320 W Liberty St. Professional free-standing office building, located in Reno’s financial districtWalking distance to the Courthouses and Federal Buildings, the NV Museum of Art, and various Downtown & Midtown eateries
Property: 9476 Double R, Unit B, in the South Meadows SubmarketProximity to Interstate 580, South Meadows Promenade, Double Diamond Town Center, South Reno Athletic Club, and Renown HealthTenant Profile: Locus Development Group LLCReno, NV-based land developer focused on long-term value-driven opportunities for its investors.  Involved in several significant Reno Projects, including: C3: Comstock Commercial Center, McCarran Business Park, Park at McCarran, Rancharrah, The Club at Rancharrah, Park Lane Storage, and Reno Experience District (RED).
Property: 730 Sandhill Drive, Suite 310, within the Double R Professional CenterOffice Size: 4,526 SF specialized medical office spaceTenant Profile: Sage Neuroscience Specialists focuses on the evaluation and management of a broad range of neurological disordersSubmarket: South Meadows (South Reno)Location Highlights: Proximity to Interstate 580, South Meadows Promenade, Double Diamond Town Center, South Reno Athletic Club, and Renown Health
• (100% Occupied) new retail development with strong visibility from Hwy 395• Bluetree Dental will utilize the 6,205 SF space as a dental office for patient care• Multi-specialty, multi-branded dental group based in Reno, with affiliate practices in Oregon, Washington, Utah, and California. • Neighboring tenants include Starbucks, Anytime Fitness, Port of Subs, and Red Rock Cafe.• North Valleys Submarket
We are excited to announce that Magalee Curiel Lomeli has transitioned from the marketing team into a brokerage role at DCG. She has been an invaluable part of the marketing department, consistently supporting agents and clients with creativity, attention to detail, and a strong understanding of the commercial real estate market.Having worked closely with agents, assignments, and clients across a variety of transactions, she brings a strong foundation of industry knowledge and client service experience into her new role.As an Associate, she will work alongside Travis Hansen, supporting leasing and sales efforts while continuing to grow her market expertise and relationships throughout Northern Nevada.We look forward to seeing her thrive in this next chapter of her career and are proud to support her transition into brokerage.
Dickson Commercial Group is pleased to announce the successful sale of 132 E. 2nd Street in the heart of Downtown Reno. The property sold for $2,788,450, with Dominic Brunetti and Chris Shanks representing the seller throughout the transaction.The 3,312-square-foot retail asset is occupied by The Dispensary NV and sits on approximately 0.643 acres in one of the city's most active and evolving districts. This transaction highlights the continued strength of the Downtown Reno real estate market and investor interest in well-located, income-producing properties.Located just steps from the Truckee Riverwalk, Greater Nevada Field, and the newly developed 369-unit Ballpark multifamily community, the property benefits from exceptional visibility and proximity to some of the area's most significant amenities and redevelopment projects. As Downtown Reno real estate continues to attract new residents, businesses, and visitors, investment opportunities in the urban core remain highly sought after.The sale also reflects growing confidence in the broader Reno investment property market. Investors continue to pursue assets that offer stable tenancy, strategic locations, and long-term upside potential. With ongoing residential growth and continued investment throughout the region, Reno investment property remains a compelling option for buyers seeking exposure to Northern Nevada's expanding economy.As the city continues to evolve, the demand for quality commercial real estate in Reno remains strong. Properties located near entertainment venues, mixed-use developments, and walkable amenities are particularly attractive to investors looking to capitalize on changing consumer and demographic trends. This transaction serves as another example of the opportunities available within the commercial real estate in Reno market.DCG congratulates all parties involved and appreciates the opportunity to assist in the successful disposition of this premier Downtown Reno asset.For more information about Reno investment property or commercial real estate in Reno, visit dicksoncg.com.
Patrick Riggs and Dominic Brunetti of DCG represented the ownership of 15 McCabe Drive in its lease term extension to Pinnacle Medical Group. The two-story office building is located directly off S. Virginia Street in South Reno and offers an array of medical providers, including Renown Health, Reno Sport & Spine, Dicus Family Dental, Whites Creek Dental, Vial Family Dentistry, and Marathon Health.Pinnacle Medical Group has seven locations in Northern Nevada and  "...offer a comprehensive range of primary care services to meet your unique healthcare needs, including Well Child Visits, Annual and Preventive Visits, Sports Physicals, Immunizations, and Medical Annual Wellness Visits...specialized treatments such as Botox for Migraines and Pain Management". Congratulations to all for maintaining 15 McCabe as a priority location for medical resources and the continued success of Pinnacle Medical Group.
DCG’s office team, Dominic Brunetti and Patrick Riggs, represented the seller in the $4,510,665 sale of 595 Double Eagle Court, an 18,964 square foot office building in South Meadows.The DCG team originally helped the out-of-state owner acquire the property for an owner-user plan. When those plans changed, they shifted focus to leasing up the building, which was about 48% vacant at the time.The team completed a full overhaul of the property by filling two vacant suites, backfilling another suite with an expanding tenant, and successfully renewing another tenant, bringing the building to 100% occupancy before going to market. At closing, the building was fully leased to Spanish Springs Construction, BSM Consulting, and CCMSI (Cannon Cochran Management Services, Inc).Located in the premier South Meadows submarket, the two-story professional office building offers proximity to Interstate 580 and major lifestyle and retail amenities, including South Reno Athletic Club, Renown Health, Whole Foods, and Starbucks, among others.
DCG’s Dominic Brunetti and Spencer Uppal congratulate Plenium Builders on their acquisition of 3760 Barron Way. The 26,876-square-foot flex-industrial property marks a headquarters relocation and expansion for Plenium. Founded in Northern Nevada, Plenium is a general contractor specializing in high-quality commercial buildings and custom homes throughout the western United States, namely Nevada, Arizona, and Colorado."Plenium Builders' new location at 3760 Barron Way...provides the company with a new headquarters, an investment in its employees, clients, industry partners, and the overall Western Nevada region. The additional space will also give the company room to focus on and further implement employee training and long-term growth, the key to its future success," shares Toby Basta, President of Plenium Builders.