NAI Alliance Obtains Two Basin Street Property Listings

Press Release: Office Group

775 336 4600

NAI Alliance is proud to announce that the NAI Alliance office team of Scott Shanks, Dominic Brunetti and Matt Grimes has obtained a listing agreement with Basin Street Properties to lease 50 West Liberty Street and 300 East 2nd Street. The office team will oversee the leasing of both office buildings totaling approximately 385,846 square feet.

The owner, Basin Street Properties, is recognized as one of the top commercial real estate developers with a portfolio consisting of office, industrial and mixed-use property. With offices in Reno, Nevada and Petaluma and Sacramento, California, Basin Street offers a broad range of real estate services to the Northern California Bay Area and Nevada. Their services include development, property management, construction management, financial and asset management and property acquisition and disposition. All of Basin Street’s properties are developed and managed by an experienced team of professionals; who place a strong emphasis on tenant relations and possess an extensive knowledge of the real estate industry and understand regional market conditions.

50 West Liberty is Reno’s premier business center, consisting of two office and retail towers totaling 248,000 square feet. It is located on the corner of S. Virginia and W. Liberty in the heart of downtown Reno. 50 West Liberty has secured covered parking, spectacular mountain views, two restaurants, a bank and many other amenities.

300 E. 2nd Street consists of 135,000 square feet of office space, 12,000 square feet of retail space as well as 11 floors of parking. 300 E. 2nd is directly across from the new AAA Baseball Stadium, right along the Truckee River. It has amazing views of the mountains, downtown Reno and the baseball stadium.For more information on these two buildings please contact the office team of NAI Alliance at 775-336-4600.

NAI Alliance Industrial Team Closes Deals

Press Release: Industrial Group

775 336 4600

Eiko, Ltd. renewed their lease of 28,000 square feet at 1485 Southern Way, Sparks, NV 89431. The NAI Alliance Industrial Team represented the Landlord, NBS Real Estate Capital.

Battle Born CrossFit, LLC leased 6,615 square feet at 1335 Airmotive Way, Reno, NV 89595. The NAI Alliance Industrial Team represented the Landlord, Shoal Creek.

Burrows Paper Corporation leased 97,500 square feet at 6650 Echo Ave., Reno, NV 89506. The NAI Alliance Industrial Team represented the Landlord, Panattoni Development.

Innovative Communication Systems, LLC leased 2,777 square feet at 5470 Louie Lane, Suite 104, Reno, NV 89511. The NAI Alliance Industrial Team represented the Landlord, J & S Properties.

B & G Beauty leased 4,480 square feet at 5460 Louie Lane, Suite A, Reno, NV 89511. The NAI Alliance industrial team represented the Tenant, B&G Beauty and the Landlord, Blumeco Properties, LLC.

The NAI Alliance Industrial Team includes Senior Vice Presidents Paul Perkins, CCIM, SIOR; Dave Simonsen, CCIM, SIOR; J. Michael Hoeck, SIOR; Vice President Dan Oster and Associate Carl Zmaila.

CVS/Pharmacy Opening Soon at Damonte Ranch Town Center

Press Release: Retail Group

775 336 4600

Lewis Retail Centers and NAI Alliance announced today that CVS/pharmacy, America’s largest retail pharmacy, is the newest retailer to join Damonte Ranch Town Center. The Damonte Ranch store is projected to open in September. The CVS/pharmacy store will offer a wide selection of prescription medications as well as popular beauty, health and personal care brands. In addition, the store will feature a 24 hour drive thru prescription window for the convenience of its customers.

Damonte Ranch Town Center is located at the corner of Damonte Ranch and Steamboat Parkways in Reno, NV. The popular 539,000 square foot community shopping center is already home to RC Willey, Home Depot, Office Depot, Colonial Bank, Bully’s Sports Bar & Grill, the Truckee Meadow’s only Lamppost Pizza and Carvel Ice Cream, Starbucks, Subway, McDonald’s, Mattress World, and others. In addition, 7-Eleven has started construction on a new convenience store and fuel station that is expected to open late this summer.

”We’re very excited that CVS/pharmacy is coming to Damonte Ranch Town Center. The convenience of a full service drugstore including drive thru pharmacy is a welcome addition to the area” said Gigi Chisel, Vice President at Lewis Operating Corp., a member of the Lewis Group of Companies.

“We’re pleased to have a quality tenant like CVS/pharmacy to provide a much needed service to the neighborhood. It’s validation from yet another national tenant that this is the location where retailers need to be,” said Kelly Bland, Senior Vice President at NAI Alliance. NAI Alliance is working with Lewis Retail Centers to secure tenants for the remainder of the development.

The Damonte Ranch Town Center is one of a long list of successful shopping centers developed by Lewis Retail Centers, a member of the Lewis Group of Companies. Founded in 1955, the Upland California-based Lewis Group of Companies is one of the nation’s largest privately held real estate organizations engaged in the acquisition, ownership, development, and management of residential and commercial real estate throughout California and Nevada. The Lewis Group of Companies has developed more than fourteen million square feet of retail, office, and industrial space, and more than sixty-six thousand homes and apartments.

For more information on Damonte Ranch Town Center or for leasing opportunities, call Kelly Bland, Mark Keyzers or Gary Johnson at NAI Alliance, (775) 336-4600.

Jolt N Java Leases 1,603 SF in Aspen Glen Shopping Center

Press Release: Retail Group

775 336 4600

NAI Alliance broker Mark Keyzers of the Retail division represented the Landlord, Roeding-Mitchell Tronis Family Properties, L.P., in the leasing of 1,603 square feet to Jolt-N-Java in the Aspen Glen Shopping Center. Aspen Glen is located at the north-west corner of Vista Boulevard and Los Altos Parkway in Sparks, Nevada. Jolt-n-Java will be located at 5255 Vista Boulevard, Suite C-2.

NAI Alliance Office Team Closes Deals

Press Release: Office Group

775 336 4600

Streamline Media, Inc. leased 1,522 square feet at 9490 Gateway Drive, Suite 104, Reno, NV 89521. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the Landlord, Method Art Corporation.

Larsen Properties, Inc. leased 1,000 square feet at 2351 Pyramid Way, Suite 19, Sparks, NV 89431. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the Landlord, Pyramid Center, LLC.

Eliot Management Group, LLC leased 1,454 square feet at 6995 Sierra Center Parkway, Suite 101 Reno, NV 89511. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the Landlord, Equilibrium, LLC.

Nathan Almlie Insurance Agency, Inc. renewed their lease of 1,300 square feet at 2351 Pyramid Way, Suite 24, Sparks, NV 89431. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the Landlord, Pyramid Center, LLC.

Spanish Springs Family Dental renewed their lease of 2,013 square feet at 5050 Vista Blvd., Suite 107, Sparks, NV 89436. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the Landlord, Melvin W. and Lena M. Oneto Trust.

The Wackenhut Corporation leased 1,582 square feet at 1575 Delucchi Lane, Suite 116, Reno, NV 89502. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the tenant, The Wackenhut Corporation.

Ticor Title of Nevada, Inc. renewed their lease of 3,282 square feet at 3655 Lakeside Drive, Suite 100, Reno, NV 89509. The NAI Alliance office team of Scott Shanks, Dominic Brunetti, and Matt Grimes represented the tenant, Ticor Title of Nevada, Inc.