DCG Healthcare’s Jamie Krahne represented the undisclosed buyer in acquiring 7.29 acres of land on Sky Vista Parkway. The buyer will utilize 3 acres for healthcare-related use and plans to engage DCG to sell the remaining acreage, positioned at a signalized intersection, in the first quarter of 2024. Located in the North Valleys submarket, the...
DCG’s Land Team, Heidi Chisholm and David Geddes represented the seller in the disposition of three vacant parcels in Fernley, Nevada. CIP Energy LLC acquired the 520 acres for $1,200,000. The land is located within an Opportunity Zone in Lyon County, adjacent to two prominent large-scale residential developments, BC Ranch and Sage Ridge Estates.
DCG Principal Tom Fennell, SIOR, CCIM and Gary Tremaine, Senior Vice President, Retail, represented the seller in the disposition of a 13,160 square foot building and adjacent parking lot, totaling 1.22 acres. The building and parking lot sold for a combined total of $3,636,738 to an undisclosed buyer. Located at the corner of 701 Kietzke...
DCG’s multifamily team, Trevor Richardson and Chris Moton, represented the seller in the land disposition of a .355 acre parcel located at 0 East 7th Street in Downtown Reno. The Mixed-Use Urban zoned parcel was sold for $325,000 to Two Sparks Holdings LLC.
DCG’s Travis Hansen, SIOR, CCIM, represented the seller in the $1,450,000 disposition of 1600 Sullivan Lane in Sparks. This C2 commercially zoned 1.49-acre parcel has three existing residential structures built in 1928 that total 3,639 square feet. The property is located in a prime area for redevelopment and vertical growth in the Oddie Corridor of...
DCG’s Principal Tom Fennell, SIOR, CCIM, and Senior Vice President of Retail, Gary Tremaine, represented the seller in the sale of 13.52 acres located at the Red Rock Road intersection just off Highway 395. The Inland Group acquired the mixed-use land for $3,400,000 with plans for a 290-unit affordable housing development. Developer Inland Construction expects...
DCG’s Industrial team, Nick Knecht, Joel Fountain, SIOR and Baker Krukow represented the buyer in purchasing 12.8 acres of land in the Tahoe Reno Industrial Center at 455 Italy Drive. The industrial zoned land was purchased for $3,763,584 by RDM Group, a New Jersey based developer with plans to deliver a 171,000 square foot industrial...
DCG’s Heidi Chisholm represented the buyer, Michael Ray Sutton Living Trust, in purchasing 1.19 acres of land at 135 Circuit Court in Spanish Springs, Nevada. The industrial-zoned parcel is positioned on the south end of the Spanish Springs Business Center, a 594-acre master-planned business park with many pre-approved industrial uses. The property lies 10 miles...
DCG’s Travis Hansen, SIOR, CCIM, represented the buyer, JAK Nevada, LLC, in purchasing 1530 East Newlands Drive in Fernley, Nevada. The 0.77-acre out parcel lot sold for $675,000.00. Located in the Walmart Center, the out parcel lies in the heart of Fernley’s retail hub with easy access to Interstate 80 and just 30 minutes East...
