DCG’s Dominic Brunetti, CCIM, and Patrick Riggs represented the seller, and DCG’s Tom Fennell, SIOR, CCIM, Chris Shanks, CCIM and Matt DeRicco represented the buyer of 491 Court Street in downtown Reno, Nevada. An undisclosed buyer purchased the single-tenant investment property in a 1031 exchange for $1,935,000. Recently renovated with high-end finishes in 2021, the...
DCG’s Principals Dominic Brunetti, CCIM and Scott Shanks, SIOR, along with the investment team; Chris Shanks, CCIM and Matt DeRicco represented the seller of the three-tenant retail strip mall located at 1130 North Hills Boulevard. Selling for $5,750,000, this investment property is estimated to be at a 5.9% CAP rate. The 21,235-square-foot retail building is...
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 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 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...
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’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 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 Tom Fennell, CCIM, and Nick Knecht represented the sellers of 9736 South Virginia Street in their disposition of Suites F and G on October 26th, 2021. DCG’s Matt DeRicco, Chris Shanks, CCIM, and Corinna White represented the California-based buyer in their 1031 exchange. Located in the heart of the South Meadows submarket, the 10,880...
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...
