DCG’s Investment Team Represents Buyer in Sparks Industrial Sale
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DCG’s Investment Team Represents Buyer in Sparks Industrial Sale

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 Completes Sale of Downtown Reno Mixed-Use Property
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DCG Completes Sale of Downtown Reno Mixed-Use Property

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 Represents Both Sides in Single Tenant Flex Sale-Leaseback
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DCG Represents Both Sides in Single Tenant Flex Sale-Leaseback

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...

DCG Represents the Seller in 6,716 SF South Reno Office
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DCG Represents the Seller in 6,716 SF South Reno Office

DCG’s Don Welsh represented the seller, RG Gillett LLC in the sale of 160 Country Estates Circle for $2,125,000. This 6,716 square foot free-standing office building sits on 0.155 of an acre. Located in South Reno, directly off of West Huffaker Lane, this fully leased garden office was purchased as an investment property.

DCG Represents Ownership Group in Sale of 10,880 SF Flex Building
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DCG Represents Ownership Group in Sale of 10,880 SF Flex Building

DCG’s Don Welsh represented the ownership group, ERI, in the sale of a 10,880 square foot flex building at 9744 South Virginia Street, units F&G. Gran Tee Investments purchased the fully occupied building for $3,115,000.  The complex at Foothill Commerce Center was built in 2003. Toll Brothers occupied 100% of the space and had previously...

DCG Multifamily Represents Seller in 16-Townhome Sale in Reno’s Riverwalk District
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DCG Multifamily Represents Seller in 16-Townhome Sale in Reno’s Riverwalk District

DCG Multifamily; Trevor Richardson and Chris Moton represented the seller in the exchange of CasaBella Townhomes in Downtown Reno. JT Orchard LLC purchased the 16-townhomes, totaling 18,608 square feet for $8.5M. CasaBella is a symmetrical property with two rows of 8-townhomes, the units alternate from a 1,016 square foot one bedroom unit to a 1,310...

DCG arranges $34M sale of South Meadows Promenade in Reno, NV
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DCG arranges $34M sale of South Meadows Promenade in Reno, NV

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 Assists Insurtech Firm Talage in Relocating to New Downtown Office
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DCG Assists Insurtech Firm Talage in Relocating to New Downtown Office

DCG’s office team; Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Patrick Riggs represented the landlord while the investment team; Chris Shanks, CCIM and Matt DeRicco represented the tenant in leasing Suite 320 at 200 South Virginia St. Basin Street Properties, owner and manager of 200 South Virginia Street are pleased to welcome their newest tenant,...

DCG’s Office and Investment Teams Complete Medical Office Sale in South Reno
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DCG’s Office and Investment Teams Complete Medical Office Sale in South Reno

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...

DCG’s Office and Investment Teams Win CoStar’s Q3 2021 Power Broker Quarterly Deals Award
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DCG’s Office and Investment Teams Win CoStar’s Q3 2021 Power Broker Quarterly Deals Award

DCG is pleased to announce and congratulate our Office and Investment teams as they were granted CoStar’s Q3 Power Broker Award for one of the Top Sales Deals for Q3. DCG’s Investment team, Chris Shanks, CCIM, and Matt Dericco, and DCG’s Office team, Dominic Brunetti, CCIM, and Scott Shanks, SIOR, jointly represented the seller in...

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