Nevada's office market was hit hard by the 2008 recession, when often companies expecting to expand instead contracted and downsized their use of office space. Office product was vacated or underutilized. Vacancy rates jumped. New product stood empty. In the last 12 years, there's been very little new product under construction. Fast forward to today, when the office market … [Read more...] about Back to the Office
Scott Shanks
The Return of Office 2019Nevada’s CRE Office Industry
Nevada’s commercial real estate office market is healthy, but not considered robust. Hit hard during the 2008 recession, it’s good to see vacancy rates dropping and rents increasing, but there’s been very little new product built in the last decade, which accounts for at least some of the continuing drop in vacancy rates. “The office market is not where we’d like it to be, … [Read more...] about The Return of Office 2019
Building Medical: Keeping Pace with Healthcare Growth
With Nevada’s two major metropolitan areas continuing to grow, the healthcare industry is trying to keep pace. Nevada’s health industry regularly gets low marks in rankings, including an “F” for accessibility. As Las Vegas and Reno continue to evolve, both cities are experiencing the medical industry’s attempt to catch up. That attempt is reflected in the real estate … [Read more...] about Building Medical: Keeping Pace with Healthcare Growth
Dickson Commercial Group Sells Round Hill Square Shopping Center for $28 Million
Zephyr Cove – Dickson Commercial Group (DCG) announces the sale of Round Hill Square Shopping Center, the epicenter of retail activity in Zephyr Cove, Nevada for $28 million. The 115,984 square foot center is on 10.2 acres. It is located adjacent to two popular beaches less than two miles from Lake Tahoe’s largest concentration of hotels at Stateline and Heavenly Mountain … [Read more...] about Dickson Commercial Group Sells Round Hill Square Shopping Center for $28 Million
DCG is Pleased to Announce Two Recent Office Lease Signings for Local Headquarters
Scott Shanks, SIOR and Dominic Brunetti, CCIM represented Global Logistics Properties (GLP) in the lease of 1,625 square feet at 100 W. Liberty in Downtown Reno for their local offices. GLP is a leading provider of modern logistics facilities in China, Japan, Brazil and the United States. In the Sparks Submarket, Scott Shanks, SIOR, Dominic Brunetti, CCIM and Joel Fountain … [Read more...] about DCG is Pleased to Announce Two Recent Office Lease Signings for Local Headquarters
Dickson Commercial Group Sells Freestanding Office Building in Sparks
Dominic Brunetti, CCIM and Scott Shanks, SIOR of Dickson Commercial Group recently represented Greater Nevada Credit Union in the sale of a 2,378 square foot freestanding office building at 1255 North McCarran Boulevard. The building was purchased for $545,000 by Robbie Rushing with Rushing Living Trust. This shows continued demand for owner‐occupied real estate as opposed to … [Read more...] about Dickson Commercial Group Sells Freestanding Office Building in Sparks
Dickson Commercial Group Marks Second Anniversary Serving Northern Nevada
(Reno, Nev.) – Dickson Commercial Group, a locally owned and operated full service commercial real estate firm, is celebrating its 2nd anniversary. Dickson Commercial Group serves all sectors of commercial real estate, including investment sales, industrial, office, retail, multifamily and student housing, land acquisition, residential and commercial development. Dickson … [Read more...] about Dickson Commercial Group Marks Second Anniversary Serving Northern Nevada
DCG Partners Help Sell 9 Acres Along Mt. Rose Highway
DCG is pleased to announce the successful sale of 9.18 acres of land in South Reno. Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the seller, KAJ Properties II, LLC, in the disposition of the 9.18 acres at 5185 Edmonton Drive in South Reno. The parcel is situated on the corner of Edmonton Drive and Mount Rose Highway, and is near Galena High School. The property was … [Read more...] about DCG Partners Help Sell 9 Acres Along Mt. Rose Highway
Dickson Commercial Group Helps to Bring Two New Tenants to Downtown Office Building
Dickson Commercial Group is pleased to announce two new tenants into the Downtown office building of 1 E. Liberty Street. The Nevada Franchise Auto Dealers Association leased 1,071 square feet on the 4th Floor and financial services firm Ancora West leased 2,250 square feet on the 4th floor. Scott Shanks, SIOR and Dominic Brunetti, CCIM of DCG represented the landlord, 1 E. … [Read more...] about Dickson Commercial Group Helps to Bring Two New Tenants to Downtown Office Building
Dickson Commercial Group Helps New Technology Company Relocate to Downtown Reno
Reno – Dickson Commercial Group represented House Advantage, LLC in their recent relocation to Downtown Reno. House Advantage is a Las Vegas-based company that specializes in loyalty marketing technologies and provides strategic expertise to some of the world's most successful gaming, resort, and entertainment companies. The technology company leased 2,275 sq. ft. of office … [Read more...] about Dickson Commercial Group Helps New Technology Company Relocate to Downtown Reno
Top Brokers 2015
As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...] about Top Brokers 2015
Nevada Real Estate & Development Report: February 2014
H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy. 89074 BUYER LVCSD … [Read more...] about Nevada Real Estate & Development Report: February 2014