Reno Coliseum Meadows Leases 900 sf to Hollywood Nails

Press Release: Retail Group

775 336 4600

NAI Alliance broker Mark Keyzers of the Retail division represented the Landlord, Reno Coliseum Meadows LLC, in the leasing of 900 square feet to Hollywood Nails in the Coliseum Meadows Shopping Center. Coliseum Meadows is located at the south-east corner of Kietzke Lane and South Virginia Street in Reno, Nevada. Hollywood Nails will be located at 4930 S. Virginia Street, Reno, NV.

NAI Alliance Announces Q3 2009 Stats

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 2009. Excluding regional malls, their findings show total rentable square footage at 12,912,142 and total vacant square feet at 2,060,327. This gives an overall vacancy rate of 15.96%, line shop vacancy of 20.53% and anchor vacancy of 12.62%. Vacancies continue to increase since last quarter causing the highest overall and line shop vacancy rates since NAI Alliance began tracking market statistics in 1990. Anchor vacancy has declined slightly from the record set the previous quarter. Total net absorption for the quarter was 177,760 square feet and the total gross absorption was 260,028 square feet.

Office Team Secures Property Listings

Press Release: Office Group

775 336 4600

Caughlin Professional Park – The NAI Alliance office team Scott Shanks, Dominic Brunetti, and Matt Grimes in conjunction with Cristy Silverman from the Keller Williams Group have secured the sale listing for a parcel of land in the Caughlin Professional Park located at the Northwest corner of Caughlin Parkway and Caughlin Square in Reno, Nevada. The vacant land is 1.65 acres.

780 Vista Boulevard – The NAI Alliance office team Scott Shanks, Dominic Brunetti, and Matt Grimes have secured the lease listing for 780 Vista Boulevard, Suite 500 in Sparks, Nevada. This office space is 1,350 square feet.

9210 Prototype Drive - NAI Alliance office team Scott Shanks, Dominic Brunetti, and Matt Grimes have secured the lease listing for 9210 Prototype Drive in Reno, Nevada. This space is 3,000 square feet.

1255 North McCarran Boulevard – NAI Alliance office team Scott Shanks, Dominic Brunetti, and Matt Grimes have secured the lease listing for 1255 North McCarran Boulevard in Sparks, Nevada. This former bank building is 2,378 square feet.

834 Victorian Ave – NAI Alliance office team Scott Shanks, Dominic Brunetti, and Matt Grimes have secured the lease listing for 834 Victorian Avenue in Sparks, Nevada. There is 500 to 5,000 square feet available to lease.

Office Team Closes Deals

Press Release: Office Group

775 336 4600

Complete Family Care leased 1,800 square feet at 800 South Meadows Parkway, Suite 400
in Reno, Nevada. NAI Alliance Office Team Scott Shanks, Dominic Brunetti, and Matt Grimes represented the lessor JC Arrows, LLC.

Reno Center For Child and Adolescent Health Inc. leased 3,485 square feet at 6548 S. McCarran Blvd., Suite A, in Reno, Nevada. NAI Alliance Office Team Scott Shanks, Dominic Brunetti, and Matt Grimes represented the lessee Reno Center for Child and Adolescent Health Inc.