Switch records record earnings for third quarter 2017

November 16, 2017, By Patrick Sheehan

Las Vegas-based data center Switch, Inc. (NYSE: SWCH), which operates the largest data storage campus in the world in the Tahoe Reno Industrial Center (TRIC), announced Monday its record financial results for the quarter ended September 30, 2017. “Switch delivered a strong third quarter, achieving its highest-ever revenue and operating profit for a single quarter,” said Rob Roy, […]

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Reno Is Starting to Look More Like Silicon Valley

June 26, 2017, By Patrick Sheehan

Run-the-robots jobs at Tesla’s Gigafactory and elsewhere are turning the city into a hipster haven. “Are you with Tesla or Panasonic?” the waitress asks with a smile. It’s morning in Reno, and it’s natural to assume anyone eating breakfast among the rustic wood walls and Instagram-worthy succulents of the Whitney Peak Hotel would work at […]

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Google Makes Nevada Land Grab for Data Center

April 17, 2017, By Patrick Sheehan

Google last week bought land stretching across 1,210 acres at a private industrial park east of Reno, Nev., for $29.1 million, according to people familiar with the deal and documents filed late Friday in Storey County, Nev. The Alphabet Inc. unit aims eventually to build a data center at the 107,000-acre Tahoe Reno Industrial Center, […]

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Nevada Ranks #5 in 2017 State Business Tax Climate Index

October 3, 2016, By Patrick Sheehan

The absence of a major tax is a big factor among the top ten ranked states in The Tax Foundation’s State Business Tax Climate Index. Nevada ranks #1 in Individual Income Tax and #8 in Property Tax, making it #5 overall for 2017 State Business Tax Climate Index Ranks and Component Tax Ranks. Read the […]

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What Tesla’s Gigafactory Is Doing To The Biggest Little City In The World

September 8, 2016, By Patrick Sheehan

An economic and technological revolution is coming to Reno, NV. Off in the nearby desert, Tesla’s massive Gigafactory is well underway. Designed to be the largest factory in the world with 10 million square feet of floor space when finished the equivalent of more than 200 football fields. The factory is supposed to employ 6,500 […]

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Take a look inside “The most exciting factory in the world”

July 29, 2016, By Patrick Sheehan

Check out what’s going on inside Telsa’s new $5 Billion Gigafactory and see what Telsa’s founder, CEO Elon Musk has in store for us. Read the full story CLICK HERE    

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Dickson Commercial Group involved with Midtown mixed-use development

June 21, 2016, By Patrick Sheehan

Dickson Commercial Group is the commercial real estate brokerage firm that was heavily involved with the sale of the property and is now providing the leasing for the Midtown mixed-use development. This 21,000 square foot project will mark the first mixed-use development in Midtown, including a seafood restaurant, jewelry store, and a local financial technology firm. S3 Development Company, […]

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DCG announces over 10,000 SQ. FT. of new leases at 50 West Liberty

May 12, 2016, By Patrick Sheehan

We are pleased to announce Terrain Pharmaceuticals has signed a 1,416 SQ. FT. lease, Bremer Whyte Brown & O’Meara with a 2,090 SQ. FT. lease and Prime Lending with a 6,846 SQ. FT. lease at 50 West Liberty. We are excited to be a part of their ongoing success and growth. It is great to […]

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Midtown development project gaining traction with City of Reno leadership

March 17, 2016, By Cody Johnson

KOLO 8 News Now recently reported on some of the significant development projects in Midtown, featuring S3 Development Company project 1401 Midtown (formerly the Cove). The story featured thoughts and opinions of City of Reno mayor Hillary Schieve and City Council Members Jenny Brekhus and Oscar Delgado.  City leadership expressed excitement and optimism in regards […]

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

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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