August 28, 2024 DCG Represents Seller in $2.35M Disposition of STNL Carl’s Jr. Drive-Thru Restaurant DCG’s Investment Team, Principal Chris Shanks, CCIM, and Matt DeRicco, as well as Principal Tom Fennell, SIOR, CCIM, successfully represented the seller in the $2,350,000 disposition of 1195 Kietzke Lane to CKE Restaurants, Inc., with a cap rate of 5.13%. […]

Reno, NV – [8/1/24] – Dickson Commercial Group (DCG), Northern Nevada’s largest full-service commercial real estate brokerage company, is excited to welcome three new partners to the company, Chris Shanks, CCIM, Joel Fountain, SIOR, and Travis Hansen, SIOR, CCIM. Chris Shanks, Senior Vice President, CCIM, joined DCG in 2014, focusing on investment sales. Chris has been […]

DCG’s Investment Team, Chris Shanks and Matt DeRicco represented the buyer and seller in the transaction of 1565 Carlin Street in Northwest Reno. The 6,272-square-foot, 8-unit multifamily complex sold for $616,000. The buyer plans to renovate the multifamily property to offer modern living while achieving competitive rental rates in the Northwest Reno submarket. Positioned near […]

DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, represented the buyer in acquiring a 36,112-square-foot freestanding office building at 1315 Financial Boulevard for $6,618,000.00. The ownership group intends to convert the building into an industrial/warehouse space. The property is located in the highly desirable Airport submarket, offering convenient access to Interstate 80 and 580 […]

DCG’s Investment Team, Chris Shanks, CCIM, and Matt DeRicco, represented the buyer in acquiring 4599 Longley Lane for $1,795,000. Trading at a 6.50% cap rate, the property was 100% occupied by engineering design firm IMEG Corp. Located in the Central/Airport submarket at the corner of Longley Lane and Aircenter Circle, the 4,739 square foot class […]

DCG’s Industrial’s, Joel Fountain, SIOR, Baker Krukow, CCIM, and Nick Knecht, CCIM, represented the seller in the $6.8M disposition of 4655 Aircenter Circle. On the buyer side, DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, represented Fleet Heating & Air in their acquisition.  The freestanding ±27,771 square foot industrial building consists of two floors […]

DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, and principals, Scott Shanks, SIOR, and Dominic Brunetti, CCIM, represented the seller in the disposition of The Shops at Bartley Ranch, located at 6135-6147 Lakeside Drive. James & Catherine McAllister Trust purchased the 34,464-square-foot multi-tenant neighborhood retail center for $9,800,000, with Scott Beggs and Cathy Shanks […]

DCG’s Investment team, Matt DeRicco and Chris Shanks, CCIM, represented the buyer, Jensen Precast, in the $15,000,000 ($103.97 per sq. ft.) acquisition of 14291 Lear Boulevard. This was an owner-user transaction, as Jensen Precast, a concrete manufacturer in Reno, will occupy the space beginning in Q2 2024. Located in the North Valleys submarket, the 144,278-square-foot […]

DCG (Dickson Commercial Group) arranged the $1.71 million sale of 5280 Longley Lane, a 4,188 square-foot retail strip property. The seller, Fujimori, LLC, was represented by principals Scott Shanks, SIOR, and Dominic Brunetti, CCIM, alongside DCG Investment team Matt DeRicco and Chris Shanks, CCIM. The stand-alone retail pad is situated within the Longley Town Centre […]

Chris Shanks has been recently elevated to Senior Vice President within Dickson Commercial Group (DCG). The promotion is a result of the combination of both recent transactional production and tenure in the marketplace. “This promotion helps recognize the success in Chris’s career with DCG. He is one of the only true investment brokers in our […]

DCG’s Dominic Brunetti, CCIM, and Patrick Riggs represented the seller, and DCG’s Tom Fennell, SIOR, CCIM, Chris Shanks, CCIM and Matt DeRicco represented the buyer of 491 Court Street in downtown Reno, Nevada. An undisclosed buyer purchased the single-tenant investment property in a 1031 exchange for $1,935,000.  Recently renovated with high-end finishes in 2021, the […]

DCG’s Principals Dominic Brunetti, CCIM and Scott Shanks, SIOR, along with the investment team; Chris Shanks, CCIM and Matt DeRicco represented the seller of the three-tenant retail strip mall located at 1130 North Hills Boulevard. Selling for $5,750,000, this investment property is estimated to be at a 5.9% CAP rate. The 21,235-square-foot retail building is […]

DCG’s Investment Team, Chris Shanks, CCIM, and Matt DeRicco represented the buyer, Hulda Way Investments, in the $4.53MM investment purchase of an industrial building located at 1425 Hulda Court in Sparks, NV. Built in 1994, this warehouse is 17,200 square feet and sits on a 2-acre fenced lot. The property is situated in the Sparks […]

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 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 […]

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 […]

DCG’s office team; Dominic Brunetti, CCIM, and Scott Shanks, SIOR represented the tenant, Sierra Smiles Management Group in leasing 4,100 square feet at 5455 Kietzke Lane. Built in 2008, the freestanding office is located in the Meadowood submarket near the newly developed Village at Rancharrah.  “Dentistry has changed significantly in the past 10 years. Through […]

DCG’s office team; Dominic Brunetti, CCIM and Scott Shanks, SIOR, along with the investment team; Chris Shanks, CCIM and Matt DeRicco represented the seller of the single-tenant medical office at 3725 Lakeside Drive. Multiple offers were received with a final sale price of $2.5MM, about $250,000 over the initial asking price. Built in 2005, this […]

Gary Tremaine and Chris Shanks of Dickson Commercial Group recently represented the Sellers in the disposition of the Rainbow Springs Shopping Center in Las Vegas, Nevada. The 364,196 square foot Walmart Supercenter anchored shopping center traded for $42.5MM. Zoned for C2 – General Commercial, the property comprises four separate parcels and 13 different buildings on […]

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 […]