DCG’s Investment Team, Chris Shanks and Matt DeRicco represented the buyer and seller in the transaction of 1565 Carlin Street in Northwest Reno. The 6,272-square-foot, 8-unit multifamily complex sold for $616,000. The buyer plans to renovate the multifamily property to offer modern living while achieving competitive rental rates in the Northwest Reno submarket. Positioned near...
DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, represented the buyer in acquiring a 36,112-square-foot freestanding office building at 1315 Financial Boulevard for $6,618,000.00. The ownership group intends to convert the building into an industrial/warehouse space. The property is located in the highly desirable Airport submarket, offering convenient access to Interstate 80 and 580...
DCG’s Investment Team, Chris Shanks, CCIM, and Matt DeRicco, represented the buyer in acquiring 4599 Longley Lane for $1,795,000. Trading at a 6.50% cap rate, the property was 100% occupied by engineering design firm IMEG Corp. Located in the Central/Airport submarket at the corner of Longley Lane and Aircenter Circle, the 4,739 square foot class...
DCG’s Industrial’s, Joel Fountain, SIOR, Baker Krukow, CCIM, and Nick Knecht, CCIM, represented the seller in the $6.8M disposition of 4655 Aircenter Circle. On the buyer side, DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, represented Fleet Heating & Air in their acquisition. The freestanding ±27,771 square foot industrial building consists of two floors...
DCG’s Investment team, Chris Shanks, CCIM, and Matt DeRicco, and principals, Scott Shanks, SIOR, and Dominic Brunetti, CCIM, represented the seller in the disposition of The Shops at Bartley Ranch, located at 6135-6147 Lakeside Drive. James & Catherine McAllister Trust purchased the 34,464-square-foot multi-tenant neighborhood retail center for $9,800,000, with Scott Beggs and Cathy Shanks...
DCG’s Investment team, Matt DeRicco and Chris Shanks, CCIM, represented the buyer, Jensen Precast, in the $15,000,000 ($103.97 per sq. ft.) acquisition of 14291 Lear Boulevard. This was an owner-user transaction, as Jensen Precast, a concrete manufacturer in Reno, will occupy the space beginning in Q2 2024. Located in the North Valleys submarket, the 144,278-square-foot...
DCG (Dickson Commercial Group) arranged the $1.55 million investment sale at 240 Linden Street, a 65-unit self-storage facility with an additional 6,043 square feet of office space. DCG’s Principal Tom Fennell, SIOR, CCIM, alongside DCG’s Investment Team, Matt DeRicco, and Chris Shanks, CCIM, represented the seller. The buyer, REA Properties, LLC, was represented by DCG’s...
DCG (Dickson Commercial Group) arranged the $1.71 million sale of 5280 Longley Lane, a 4,188 square-foot retail strip property. The seller, Fujimori, LLC, was represented by principals Scott Shanks, SIOR, and Dominic Brunetti, CCIM, alongside DCG Investment team Matt DeRicco and Chris Shanks, CCIM. The stand-alone retail pad is situated within the Longley Town Centre...
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...
