Monday, December 22, 2008

ProLogis 182,000 sf Lease in TRIC

www.NAIAlliance.com
Press Release: Industrial Group
775 336 4600

NAI Alliance has announced the leasing of 182,000 square feet of distribution space in a newly constructed, speculative building located within Tahoe-Reno Industrial Center. The new lease agreement is with Jacobson Companies, Inc., an Iowa-based third-party logistics provider. The building, which was completed in 2007, was developed by ProLogis, a leading global provider of distribution space. Only 211,750 square feet of the original 601,000 square feet remains. For leasing information, contact NAI Alliance at 775-336-4600.

Thursday, December 18, 2008

Land Team Obtains New Listing Agreement

www.NAIAlliance.com
Press Release: Land Group
775 336 4600

NAI Alliance announced today that Commercial Broker Aaron West-Guillen has obtained a listing agreement with EP Minerals, to market 160± acres for sale in McCarran, NV. This property is being offered at $2.00 PSF and is zoned for Industrial usage.

This vacant land opportunity is located at the entrance of the fast growing Tahoe Reno Industrial Center, and includes frontage along USA Parkway. Existing owners and users include Wal Mart, PetSmart, ProLogis, Pittsburgh Paint, Development Arts Inc., and many others.

For more information on this opportunity please contact Aaron West-Guillen of NAI Alliance at 775-336-4674.

Land Team Obtains New Listing Agreement

www.NAIAlliance.com
Press Release: Land Group
775 336 4600

NAI Alliance announced today that Commercial Broker Aaron West-Guillen has obtained a listing agreement with Fernley 4 LLC, to market 3.67 acres for sale in Fernley, NV. This property is being offered at a reduced rate of $4.75 PSF and is zoned C-2 for commercial use.

This vacant land opportunity is located adjacent to Hwy 50 (main artery linking Fallon and Fernley to Reno). It is near the popular Pioneer Crossing Casino and on the main entrance/exit route for the River Ranch subdivision. This property has approximately 200 feet of road frontage.

For more information on this opportunity please contact Aaron West-Guillen of NAI Alliance at 775-336-4674.

Thursday, December 4, 2008

Retail Brokers Secure New Listings

www.NAIAlliance.com
Press Release: Retail Group
775 336 4600

NAI Alliance is proud to announce today that Retail Brokers Mark Keyzers and Kelly Bland have obtained several new listing agreements. Bland and Keyzers will be representing Lbt, LLC in the listing of a new retail project located in Stead at the northeast corner of Stead Blvd. and US 395. Mark Keyzers and Kelly Bland have obtained a listing agreement with Fernley Partners Retail II, LLC to market Chisholm Commons. This is a new retail project under construction in Fernley, Nevada. Available spaces range from 1,500± - 1,800± square feet with a 4,200± square foot pad site available. Mark Keyzers and Kelly Bland are also representing Moana Aristotelis, LLC in the leasing of 8,046± square feet located at 500 East Moana Lane. For more information on any of these listings please contact Mark Keyzers or Kelly Bland of NAI Alliance at 775-336-4600.

Tuesday, November 18, 2008

Office Team Closes Deals

www.NAIAlliance.com
Press Release: Office Group
775 336 4600

100 Washington Street, Reno, NV – Understand.com has leased a total of 5,831 SF at the newly remodeled downtown office buildings owned and operated by AMH Properties. AMH acquired these 1st and Washington Street properties in late 2006 and since have redesigned and upgraded both buildings. Upgrades include newly designed interiors, energy efficient fixtures, landscaping, exterior upgrades and much more. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the landlord AMH Properties and the tenant Understand.com.

5400 Equity Avenue is an 8,650 square foot building that was recently purchased by a family trust. The NAI Alliance Office and Investment teams represented the seller ProLogis.

Thursday, November 13, 2008

Portion of Passco Portfolio Under New Ownership

www.NAIAlliance.com
Press Release: Industrial Group
775 336 4600

Fuchs Investments, LLC has acquired a 152,800 s.f. building located at 1555-1645 Crane Way, Sparks, NV. The building is part of a 565,180 s.f. portfolio of industrial properties in Reno and Sparks, NV offered for sale by The Passco Companies, based in Irvine, CA.

“These are challenging times in our business and, given the current financial markets, we feel fortunate to have successfully concluded this transaction” says Paul Perkins of NAI Alliance, who represented the seller.

Ranpak Corporation Extends Lease in Reno Market

www.NAIAlliance.com
Press Release: Industrial Group
775 336 4600

Ranpak, a privately held manufacturer of in-the-box paper protective packaging systems and materials, has extended its lease in Reno, Nevada. Ranpak services OEM’s and distributors in a wide variety of uses including automotive, medical, industrial, consumer products and technology. The company has been located at 9175 Moya Blvd. since 2002. The Industrial Team at NAI Alliance represented both parties.

NAI Alliance Obtains Palladio Listing

www.NAIAlliance.com
Press Release: Retail Group
775 336 4600

NAI Alliance is proud to announce that Retail Brokers Mark Keyzers and Kelly Bland and Office Brokers Scott Shanks and Dominic Brunetti have obtained a listing agreement with Palladio, LLC to market The Palladio. The property is located in downtown Reno at the southeast corner of First Street and Sierra Street. The Palladio is a mixed-use project situated along the Truckee River. It consists of luxury condominiums, office and retail space. NAI Alliance is overseeing the leasing and sale of the first and second floors. Available spaces range from 860± - 9,046± square feet. For more information on The Palladio please contact NAI Alliance Brokers Mark Keyzers or Kelly Bland for retail space and Scott Shanks or Dominic Brunetti for office space at 775-336-4600.

Thursday, November 6, 2008

Industrial Team Members Attend Conferences

www.NAIAlliance.com
Press Release: Industrial Group
775 336 4600

Paul Perkins and Dave Simonsen attended the 2008 SIOR Fall World Conference in Minneapolis, MN. In addition, Perkins, who serves as Vice Chairman of Membership Standards, attended the SIOR Leadership Conference. Society of Industrial & Office Realtors designees are universally recognized for their excellence in commercial real estate practices.

Dan Oster attended the 2008 CSCMP Annual Conference in Denver, Colorado. The Council of Supply Chain Management Professionals has over 9,000 members from 63 countries. Oster is past president of the CSCMP Northern Nevada Roundtable.

Perkins, Simonsen & Oster are on The Industrial Team at NAI Alliance.

Thursday, October 23, 2008

US Auto Title Loan Leases Space in Coliseum Meadows

www.NAIAlliance.com
Press Release: Retail Group
775 336 4600

NAI Alliance broker Mark Keyzers of the Retail division represented Reno Coliseum Meadows and US Auto Title Loan in the leasing of 900 square feet in the Coliseum Meadows Shopping Center. The Coliseum Meadows Shopping Center is located at the south-east corner of Kietzke Lane and S. Virginia Street in Reno, Nevada. US Auto Title Loan will be located at 4934 S. Virginia Street.

Monday, October 20, 2008

Third Quarter Retail Statistics

www.NAIAlliance.com
Press Release: Retail Group
775 336 4600

NAI Alliance Retail Division recently completed their market survey of the Reno Sparks Market for the third quarter of 2008. Excluding regional malls, their findings show total rentable square footage at 12,004,070 and total vacant square feet at 1,221,830. This gives an overall vacancy rate of 10.18% and line shop vacancy of 15.20%. This is the highest overall vacancy level since 1993 when the market was recovering from a previous recession.

Total Net Absorption for the second quarter is -21,231 square feet and the total Gross Absorption is 155,229 square feet. It is expected that vacancy rates will climb in the fourth quarter as several large retailers have announced their intention to close local stores.

Thursday, October 16, 2008

Staples Comes to Northwest Reno

www.NAIAlliance.com
Press Release: Retail Group
775 336 4600

NAI Alliance broker Gary Johnson of the Retail division represented Staples in the leasing of 18,000 square feet at Canyon Center. Canyon Center is located at the south-east corner of McCarran Boulevard and Mae Anne Avenue in Reno, Nevada. Staples is expected to open early spring 2009.

Wednesday, October 8, 2008

E-Source Solutions brings operations to Sparks

www.NAIAlliance.com
Press Release: Industrial Group
775 336 4600

E-Source Solutions, a sales and service provider for EBT CT scanners will locate to northern Nevada. They will occupy approximately 25,672± square feet within the Sierra Commerce Park in Sparks, Nevada.

"We are seeing more and more companies from California paying attention to our business friendly climate in Nevada." says Dan Oster, Senior Associate of the Industrial Team at NAI Alliance. "With ample vacancy in the market, we are able to provide them with several viable options."

Their operations will open in December of this year. The Industrial Team at NAI Alliance represented them in the transaction.