DCG Investment Team Represents Buyer in 36,112 SF Central/Airport Office Acquisition

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…

0March 12, 2024March 12, 2024

DCG Represents Seller in $1.4M Disposition of Former Bank Branch in Sparks

DCG’s Principal Tom Fennell, SIOR, CCIM, and Senior Vice President of Retail Gary Tremaine represented the seller in the disposition of 2221 Pyramid Way in Sparks. The 5,110-square-foot freestanding building sold for $1,400,000 to LIG Pyramid LLC, which plans on redeveloping the building.

0March 7, 2024March 7, 2024

Nevada State Board of Nursing Leases 6,758 SF of Office in Meadowood

Patrick Riggs, VP of DCG’s Office Team, represented the tenant, Nevada State Board of Nursing, in leasing 6005 Plumas Street, Suite 100 & 101. The two professionally managed Class A office suites total 6,758 square feet. Centrally located in the Meadowood submarket, the property provides excellent visibility at the corner of South McCarran Boulevard and Plumas…

0February 27, 2024February 27, 2024

DCG Arranges Kaempfer Crowell Expansion in Downtown Reno

RENO, NV – DCG is excited to share that Kaempfer Crowell, a prominent Nevada law firm, has significantly expanded its presence at 50 West Liberty, Suite 1100, in Downtown Reno. Originally occupying a suite of 7,340 square feet, the firm has now taken over the entire top floor, bringing their total space to 16,319 square…

0February 16, 2024February 16, 2024

Panattoni Development Company Announces Lease at Pyramid Pointe Commerce Center

(Reno, NV) – Panattoni Development Company recently announced that Cleaners Supply, has leased 78,000 square feet of space at Pyramid Pointe Commerce Center located at 420 Ingenuity Avenue in Sparks, Nevada. Cleaner’s Supply specializes in supplying high-quality products and services to the textile care industry. A trusted partner for dry cleaners, laundries, and related businesses,…

0February 9, 2024February 9, 2024

DCG Welcomes Gerrit Hillebrand

DCG is pleased to announce that Gerrit Hillebrand, CCIM, has joined the firm. Gerrit will focus primarily on multifamily investment properties after ending his previous role as Senior Vice President at Reno’s Kidder Mathews location for the past year.  “We’re excited to have Gerrit join our brokerage team at DCG. Before he joined DCG, our…

0February 8, 2024February 8, 2024

DCG’s SVP, Travis Hansen, SIOR, CCIM, Represents Owner-User Buyer in $2.15M Industrial Acquisition in Sparks

DCG’s Senior Vice President, Travis Hansen, SIOR, CCIM, represented the buyer, 890 East Greg LLC, in the $2,150,000 acquisition of 890 East Glendale Avenue, an 8,317-square-foot industrial flex building. This industrial flex property serves as company headquarters for the Buyer’s business, Nevada Water and Fire Restoration, in addition to a second warehouse facility located in…

0February 7, 2024February 7, 2024

Panattoni Development Company Announces Lease at Pyramid Pointe Commerce Center

(Reno, NV) – Panattoni Development recently announced C.H. Spencer LLC has leased 9,000 square feet of space at Pyramid Pointe Commerce Center located at 420 Ingenuity Avenue in Sparks, Nevada. C.H. Spencer LLC specializes in the distribution of industrial pumps, compressors, and related products for the mining, power, industrial, and municipal markets. The company primarily…

0January 23, 2024January 24, 2024

DCG Investment Team Represents Buyer in 4,739 SF Central/Airport Office Acquisition 

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…

0January 22, 2024January 22, 2024

DCG Represents Seller in $2.75M Disposition of Former Bank Branch on Prominent Reno Corner

DCG Principal Tom Fennell, SIOR, CCIM, and Vice President of Retail Gary Tremaine represented the seller in the disposition of 4045 South Virginia Street. Previously a retail bank branch and office, the 8,200-square-foot building sold for $2,750,000. DCG conducted a competitive call for offers process, attracting multiple bidders and securing a final sales price nearly 10% above the…

0January 17, 2024January 17, 2024