NAI Alliance Retail Group Releases Q3 2010 Statistics

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 2010. Excluding regional malls, their findings show total rentable square footage at 12,931,296 and total vacant square feet at 2,205,244. This gives an overall vacancy rate of 17.05%, line shop vacancy of 22.52% and anchor vacancy of 13.08%. Total net absorption for the third quarter was 40,781 square feet and the total gross absorption was 127,080 square feet.

Office and Investment Team Now Listing McCarran Mansion

Press Release: Investment Group & Office Group

775 336 4600

The NAI Alliance Office Properties Group Scott Shanks, SIOR, Dominic Brunetti, CCIM, and Janna Page and, the NAI Alliance Investment Properties Group Scott Beggs and Chris Shanks, CCIM, have secured the sale listing agreement for The McCarran Mansion located at 401 Court Street in Reno, Nevada. The multi-tenant office building consists of approximately 7,000 square feet.

NAI Alliance Office Team Negotiates Lease Renewal

Press Release: Office Group

775 336 4600

MBA Reno-Randen L. Brown, Ltd., renewed their lease for 4,196 square feet at Magnolia Lakeside located at 6151 Lakeside Drive in Reno, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the landlord, Method Art Corporation.

NAI Alliance Office Team Closes Deals

Press Release: Office Group

775 336 4600

Alliance DUI School & Counseling leased 1,170 square feet at 1201 Terminal Way, Suite 200 in Reno, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the tenant, Alliance DUI School & Counseling.

Aesthetic Restoration Dental Laboratory leased 1,500 square feet at 2281 Pyramid Way, Suite 12A and Suite 13 in Sparks, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the landlord, Method Art Corporation.

B & B Medical Services, Inc. leased 5,760 square feet in the Capital Commerce Center #6 located at 5355 Capital Court, Suite 101 in Reno, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the tenant B & B Medical Services Inc.

Consolidated Agency Partners, Inc. leased 1,500 square feet at 190 West Huffaker, Suite 402 in Reno, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the tenant, Consolidated Agency Partners, Inc.

Greater Nevada Credit Union leased 5,400 square feet at the Thomas Creek Business Center located at 9790 Gateway Drive, Suite 120 in Reno, Nevada. In this lease transaction the Office Properties Team Scott Shanks, SIOR, Dominic Brunetti, CCIM and Janna Page represented the tenant, Greater Nevada Credit Union.