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Industrial Market Recap – 4th Quarter 2015

February 1, 2016, By Cody Johnson

The fourth quarter industrial market saw a few larger transactions, including Marmot Mountain relocating from Sparks to North Reno taking down 271,832 square feet in Dermody Properties new Logisticenter. Better World Books leased 128,000 square feet and Allstate Warehousing leased 84,000 square feet. There were 9 transactions in the mid-size range totaling 380,000 square feet, […]

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EDAWN announces opening of distribution center for Better World Books

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January 14, 2016, By Cody Johnson

Announcement courtesy of the Economic Development Authority of Western Nevada.  RENO, NEV. (Jan. 14, 2016) – The Economic Development Authority of Western Nevada (EDAWN) announced the opening of Better World Books‘ new 140K square foot distribution center in Reno. Also known for its literacy and environmental initiatives, Better World Books plans to hire 100 employees by April […]

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Sheila Colfer of DCG named Northern Nevada CCIM chapter president for 2016

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January 11, 2016, By Cody Johnson

Sheila Colfer with Dickson Commercial Group will serve as President of the Northern Nevada CCIM chapter for 2016. The Northern Nevada CCIM chapter provides member services, hosts CCIM courses, awards scholarships and delivers other educational and informative programs. “I look forward to serving as President for 2016,” Colfer said.  “In addition to the current programs […]

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Dickson Commercial Group completes investment sale of office property in South Reno

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January 7, 2016, By Cody Johnson

Reno, Nev. – Tom Fennell with Dickson Commercial Group represented the seller of the office space located at 500 Damonte Ranch Parkway, which sold for $1.4 million. The property is located in the South Meadows submarket and adjacent to the Barnes and Noble distribution center, spans 9,622 sq. ft., in size.  Current tenants of the […]

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The Reno/Sparks retail market is beginning to show signs of improvement

December 31, 2015, By Cody Johnson

by Gary Tremaine 2015 has been a breakout year for the northern Nevada retail market.  Landlords are beginning to see some of their vacancy absorbed from national, regional and local tenants. Leasing A new development in south Reno is still in lease negotiations with various potential tenants, with wholesale foods warehouse Smart and Final, Jersey Mike’s […]

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Reno/Sparks Multifamily Market Report – November

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December 23, 2015, By Cody Johnson

Report constructed by Trevor Richardson Multifamily Sales Summary There were two notable sales of newer age class buildings in November. The largest sale was the Canyon Vista Apartments on Los Altos. The 256-unit complex traded for $31,750,000 or $124,023 per unit. The complex was built in 2001 and was purchased by Oakmont Propertiesout of Folsom, […]

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CRE news recap: 2015 may be winding down, but business activity is not

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December 14, 2015, By Cody Johnson

Although the year is winding down, the commercial real estate business in Northern Nevada continues to pick up steam.  Here is a brief recap of some of the significant developments from this past week. Peterson Products moves to Dayton Peterson Products is a family-owned manufacturing company that produces reinforced plastic goods.  The company, which has […]

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Dickson Commercial Group Principal represents Northern Nevada in Nevada Business Magazine commercial real estate discussion

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November 24, 2015, By Cody Johnson

This post was written by Tom Fennell I recently attended a Commercial Real Estate Round table discussion hosted by the Nevada Business Magazine. The meetings were held at the Snell and Wilmer law offices in Las Vegas and was attended by many brokers and directors offices from the Las Vegas market. I was the sole representative […]

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Dickson Commercial Group completes investment sales in Reno and Las Vegas

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November 3, 2015, By Cody Johnson

Dickson Commercial is pleased to announce the recent closing of two significant investment deals in both the Reno and Las Vegas markets. Fred Miller, SIOR, and Sheila Colfer, CCIM, of DCG, represented the buyer in the purchase of a 45,152 sq. ft., office building located at 10509 Professional Circle in the South Meadows Submarket of […]

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New nonstop flight from Reno to Orange County

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, By Cody Johnson

The Reno-Tahoe International Airport announced on Tuesday that it will now support nonstop service from Reno to Orange County through Alaska Airlines. Service to Orange County will begin March 16, 2016.  Horizon Air, the sister service of Alaska Airlines, will host the service.  Flights for this specific route are scheduled to depart Reno each day at 10:15 […]

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