DCG Completes Lease in  Midtown to Red Dot Management

DCG Completes Lease in Midtown to Red Dot Management

DCG announces the successful lease for new healthcare fin-tech company, Red Dot Management. The company has established its headquarters in Midtown at S3 Development’s newly renovated building, 1401 S. Virginia, also known as 1401 Midtown. 

Red Dot Management specializes in acquiring and resolving Third Party Liability healthcare claims from motor vehicle accidents. Red Dot has developed the first platform for hospitals and medical providers to monetize this extremely long-term and complex claim process without exposing patients to collection activity. The company will be occupying 3,385 square feet of space on the second and third floor of the building and has already begun hiring local employees for the Midtown location. 

Founder and CEO of Red Dot Management, Michael Bumann, is excited to be in Reno for the same reasons many other tech-related companies have chosen to relocate to northern Nevada — its business-friendly environment. “The opportunity to grow our business in Reno comes with many advantages: lower costs, a smaller tax footprint and an outstanding business-centric community that retains a small-town feel,” he said. “We could not be happier with how well our relocation has gone. We look forward to making Reno our home for many years to come.”

S3 Development has transformed 1401 Midtown into a mix of retail, restaurant and commercial office space. The 21,000 square-foot building has a San Francisco tech feel, featuring a 2,000 square-foot open-air plaza for outdoor gathers, urban style lighting, 1955 masonry, exposed brick and 28-foot ceilings. Other tenants at 1401 Midtown include Rue Bourbon, Michael & Son Jewelers, and Fat Cats Bar & Grill.

Dominic Brunetti, CCIM, Scott Shanks, SIOR and Patrick Riggs represented S3 and that Tom Fennell, CCIM represented Red Dot Management.

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