Thursday, March 29, 2012
Michael Nevis, CCIM Negotiates WESCO Expansion
Press Release: Industrial Group
775 336 4600
WESCO Distribution Inc, added an additional 67,936 sf to their existing 130,651 sf located within the Sierra Commerce Park located at 1161-1165 Glendale Ave in Sparks, Nevada. WESCO provides electrical, industrial, and communications maintenance, repair and operating and original equipment manufacturers products, construction materials, and advanced supply chain management and logistics services. Michael Nevis, CCIM; J. Michael Hoeck, SIOR; Dave Simonsen, CCIM, SIOR; and Dan Oster of the NAI Industrial Properties Team represented the landlord in this transaction.
Wednesday, March 21, 2012
Investor Closes Sale on 903 E. 4th Street in Downtown Reno, NV
Press Release: Industrial Group
775 336 4600
Forward Investments LLC has purchased the 15,687sf building located at 903 E 4th Street in Reno, Nevada. Forward Investments has plans for adaptive reuse of the previous tire shop including professional offices and retail space. “This is an encouraging sign of private investment in downtown redevelopment,” says Dan Oster of NAI Alliance. Oster, along with J. Michael Hoeck, SIOR; Dave Simonsen, CCIM, SIOR; and Michael Nevis, CCIM of the NAI Industrial Properties Team represented the seller in this transaction.
Tuesday, March 20, 2012
NAI Alliance Office Team Secures New Listing for Sparks Plaza
Press Release: Office Group
775 336 4600
Scott Shanks SIOR, along with his partners Dominic Brunetti, CCIM, and Chase Whittemore, MS have secured the exclusive listing agreement for Sparks Plaza located at 780 Vista Boulevard in Sparks, Nevada.
Sparks Plaza is a multi-tenant office complex with 13,680 square feet available.
Wednesday, March 14, 2012
Dominic Brunetti, CCIM Closes Office Building Sale
Press Release: Office Group
775 336 4600
Atley Group LLC bought 8610 Technology Way in Reno, Nevada. In this transaction the NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Chase Whittemore, MS represented the seller Huskers & Nevada, LLC.
Scott Shanks, SIOR Takes Home CCIM's 2011 Office Market Forecast
Press Release: Office Group
775 336 4600
NAI Alliance is proud to announce Scott Shanks, Vice President of the Office Properties Team is the recipient of the Northern Nevada Chapter’s CCIM (Certified Commercial Investment Member) 2011 Market Forecast Competition Award. Shanks successfully predicted the year end office vacancy for 2011 back in 2010.
In addition to winning the forecast competition, Shanks presented his 2011 review and 2012 outlook at the CCIM Annual Forecast Year End Review luncheon which took place at John Ascuaga’s Nugget on March 7, 2012.
Shanks began his career in his native Reno with Hale Day Gallagher Co., where he was a broker for more than 10 years. He then moved into the development side of the real estate business, and worked for ProLogis (the largest industrial development company in the world) for approximately 7 years, overseeing the Reno, Salt Lake City and Phoenix markets.
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