NAI Alliance Industrial Team Represents Tenant - Ardagh Group - in Largest User Transaction Thus Far in 2013

Luxembourg-based Ardagh Group recently secured the $11.5 Million purchase of property at 900 Waltham Way, McCarran, NV in the Tahoe Reno Industrial Center. Dave Simonsen, CCIM, SIOR; J. Michael Hoeck, SIOR; and Michael Nevis, CCIM of the NAI Industrial Properties Team represented Ardagh Group in this transaction. 

The purchase includes the acquisition of an existing 330,000 square foot Class A manufacturing facility and two 18 acre parcels on the east and west side of the building for future expansion. Ardagh Group had looked at 37 facilities in three (3) states before deciding on the new location in Northern Nevada. 

The move will bring approximately 140 technical jobs to Northern Nevada throughout the next five years, including 72 jobs within the first six months. In addition to job stimulus for the area, Ardagh will have a total capital investment of close to $80 Million - $20 Million dedicated to building retrofitting and an additional $60 Million for equipment and installation. They’re expecting to produce nearly 3 Million cans per day from the state-of-the-art, advanced manufacturing facility beginning in January 2014. 

Ardagh Group is a global leader in glass and metal packaging solutions for most of the world’s leading food, beverage and consumer brands. Ardagh Group generates $5.5 billion in worldwide sales and produces 32 billion containers annually for such customers as Coca-Cola, ConAgra, InBev and Bumble Bee Foods. The company has operations in 25 countries and employs 18,000 people in more than a hundred facilities. 

The company’s U.S. metal packaging operations are based in Carnegie, Pa. In addition to the new facility in McCarran, NV, the company has facilities in Bloomsburg, PA, Weirton, WV, Conklin, NY, Terminal Island, CA, and the recently announced expansion in Roanoke, VA.

NAI Alliance Secures Exclusive Sale and Lease Listing for 333 Holcomb Ave.

Scott Shanks SIOR, along with his partner Dominic Brunetti, CCIM have secured the exclusive sale and lease listing for 333 Holcomb Avenue in Reno, Nevada.

The professional office building is 14,017 square feet and was built in 1986. The sale price is $105 per square foot and the lease rate is $1.10 per square foot. There is currently 10,000 square feet available.

Dominic Brunetti Closes Lease Transaction at 50 West Liberty Street

Hoy Chrissinger Kimmel, PC, leased 3,400 square feet of office space at 50 West Liberty Street, Suite 840 in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Dominic Brunetti, CCIM, and Scott Shanks, SIOR, represented the landlord Basin Street Properties. The new tenant moved their Northern Nevada office to the downtown Basin Street property from their prior location on Caughlin Parkway.

NAI Alliance Office Properties Group Closes Lease at 200 South Virginia

High Desert Internet Services leased nearly 500 square feet of office space at 200 South Virginia Street, Suite 555 in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord Basin Street Properties. 

High Desert Internet Services provides wireless internet services designed to cover the areas "left out" by DSL coverage and Cable Modem coverage, giving Rural customers the same type of performance enjoyed by those in the cities. High Desert Internet Services has been servicing Northern Nevada since 2002.

Dominic Brunetti, CCIM Closes Lease Renewal for Nevada Connections Academy

Nevada Connections Academy renewed their lease for 6,000 square feet at 175 Salomon Drive, Suite 201 in Sparks, Nevada. In this lease renewal the NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR and Chase Whittemore, MS represented the landlord, 175 Salomon Circle LLC.

Nevada Connections Academy (NCA) is a tuition-free virtual public school giving students the flexibility to learn with a curriculum that meets rigorous Nevada State Board of Education standards. Nevada Connections Academy offers: 

• A challenging, K-12 curriculum developed by leading education experts. 
• Instruction from highly-qualified state-certified teachers who are experienced in online instruction. 
• Support from trained counselors, an experienced principal, and dedicated administrative staff. 
• Free textbooks, materials, and computer equipment needed to participate in a dynamic online learning environment.  

NAI Office Team Secures Two Exclusive Listings

Scott Shanks, SIOR and fellow NAI Alliance Office Property Group partners Dominic Brunetti, CCIM, and Chase Whittemore, MS have secured extensions on exclusive lease listings for two properties. NAI Alliance will be representing the owners in both agreements. 

• 980 Sandhill – a 36,00+ square foot building with just over 10,000 square feet available 
• Sparks Plaza located at 780 Vista – a multi-tenant complex with just over 15,000 square feet available

To read the entire releases, visit the NAI Alliance Press Release page.

NAI Alliance Office Properties Group Recently Closes 3 Transactions

The NAI Alliance Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR and Chase Whittemore, MS have recently closed three new deals.

• California Broadband Cooperative leased nearly 600 square feet of space at 200 S. Virginia. Chase Whittemore, MS, represented the landlord Basin Street Properties. The California Broadband Cooperative’s Digital 395 Middle Mile project proposes to build a new 553-mile, 10 Gbps middle-mile fiber network that would follow U.S. Route 395 between southern and northern California.
• Dominic Brunetti, SVP/Principal, closed the sale of an office building at 401 Flint Street. Mr. Brunetti represented the buyer in the transaction. The property at 401 Flint Street is 3,716 square feet in two buildings.
• And finally, Immunize Nevada leased 1,600 square feet of office space at 427 Ridge Street. In this transaction, Chase Whittemore, MS, represented both the tenant and the landlord.

To read the entire releases, please visit the NAI Alliance Press Release Page.

Argonaut Gold Expands into Bigger Building

Dominic Brunetti, CCIM Closes Lease Transaction at 9600 Prototype Court in Reno, Nevada
 
Argonaut Gold is growing and expanding into a 4,600 square foot building located at 9600 Prototype Court in Reno, Nevada. Previously they occupied a 3,682 square foot building. In this lease transaction the NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR and Chase Whittemore, MS, represented the landlord Liberty Meadows, LLC.

Dan Oster Represents Joule Street Landlord for Sale or Lease

NAI Alliance is proud to announce that Industrial Brokers Dan Oster, Dave Simonsen, J. Michael Hoeck, and Michael Nevis have obtained the exclusive listing agreement for the industrial flex facility located at 4865 Joule Street in Reno. The building is located on Joule Street just off of Rock Blvd. east of the Reno-Tahoe International Airport. The space available is 6,200± sq. ft. with a bonus mezzanine area and is both for sale and for lease. This space is great for a contractor’s office and has great improvements. For more information contact The Industrial Team at NAI Alliance at 775-336-4600.

NAI Alliance Q1 2013 Retail Market Report Now Available

The Northern Nevada economic climate is showing signs of improvement, perhaps indicating that the retail vacancy rates may have peaked. The current overall vacancy level in Reno/Sparks declined to 17.99% from the previous quarter of 18.52% and 18.60% from the previous year.

The anchor space vacancy is currently at 14.88%. In-Line shops have decreased in vacancy from 23.07% last quarter to 22.62% this quarter. Total net absorption for this quarter was 16,779 square feet. The total gross absorption was 117,700 square feet for this quarter.

Click here to read the entire report.

NAI Alliance Releases Q1 2013 Office Market Report

Driven by California’s outrageous Prop 30, which retroactively raised state income taxes on many individuals in the Golden State, growth in the first quarter of 2013 was more than noticeable. New companies like Rogue Gaming continue to enhance our Downtown economy. Call center and data center activity has remained strong throughout the market. Henry Schein stayed in the market signing a new lease for 75,000 square feet, adding to the proof that Reno is a great small market call center location.

Also new, is San Francisco based Bookkeeper Zoo. The mobile bookkeeping startup opened their national service and data center in South Meadows. This continued level of activity will certainly create more momentum for the Reno Tahoe area as regional companies realize they can take advantage of our competitive taxes, real estate prices, and labor pool.

To read the entire NAI Alliance Q1 2013 Office Market Report, click here.

Broadbent Associates Lease Space at 5450 Louie Lane in Reno - NAI Represents both Tenant and Landlord

Broadbent & Associates Inc. leased 10,083 square feet of office and warehouse space at 5450 Louie Lane, Suite 101 in Reno, Nevada. In this lease transaction NAI Alliance represented both parties. Scott Shanks, SIOR of the NAI Office Properties Group represented the tenant Broadbent & Associates Inc. and, Dave Simonson, SIOR, CCIM of the Industrial Properties team represented the landlord, J & S Erlach Properties 50, LLC.

NAI Alliance Releases Q1 2013 CRE Industrial Market Report

NAI Alliance is pleased to provide our Q1 2013 Industrial Market Report for commercial real estate in Northern Nevada.  We’re heading in the right direction.  A neutral first quarter in 2013 is much more positive than the past 3 years of negative net absorbtion in prior first quarters.

Starting level heading into Q2 means we have no holes to dig out of.  That alone creates optimism for the market.  Rents have not increased on industrial properties, but we do foresee rent increases for specific property types in the near future.  Corporate earnings, housing, business investment and unemployment are all trending in the right direction helping our economy.

Click here to view the entire report.  Also, if you'd like to sign up to receive our market reports, you can click here.

Zurich American Insurance Leases Office Space at 50 West Liberty Street in Reno, NV

Zurich American Insurance leased 2,535 square feet at 50 West Liberty Street, Suite 920 in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Scott Shanks, SIOR, Dominic Brunetti, CCIM and, Chase Whittemore, MS represented the landlord, Basin Street Properties.

Zurich is relocating to the area. Zurich is a leading multi-line insurance provider with a global network of subsidiaries and offices in over 170 countries.

Chase Whittemore Closes Lease Transaction at 9635 Gateway Drive in Reno

Truckee River Flood Management Authority leased 5,234 square feet of office space at 9635 Gateway Drive, Suite A in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Chase Whittemore, MS, Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord L J Capital Investments, LLC.

Tenants in the Damonte Ranch Town Center Growing with the Area - by NAI Alliance

(Excerpts of this article were published in the March 25, 2013 edition of Northern Nevada Business Weekly - Mark Keyzers, SVP Principal of NAI Alliance Retail Property Group contributed to the piece)

 The Damonte Ranch Town Center, on the northeast corner of Damonte Ranch Parkway and Steamboat Parkway in Reno, is proud to announce a number of locally owned tenants at the growing retail development. The property is being developed by Lewis Retail Centers, a member of the Lewis Group of Companies, and represented by NAI Alliance of Reno.

A total of six new tenants have opened for business in the development: Mattress Discounters, Mountain America Credit Union, Moana Dental Care, the Damonte Ranch Animal Hospital, Twisted Fork, and Asian Paradise have all recently moved into the development anchored by the Home Depot and RC Willey. Damonte Ranch Town Center features other businesses such as Starbucks, CVS, McDonalds, High Sierra Cycling, Vino 100, and 7-Eleven to name a few.

The development now has over 85% of its completed space occupied, according to Gigi Chisel, Vice President Northern Nevada Development for Lewis Operating Corp. “Despite the challenges of our local economy, we could not be more pleased........"  Click here to read the entire article from NAI Alliance.

Northern Nevada Office Property Market Continues To Improve, Optimism Slowly Rising

Many in northern Nevada are starting to feel that most industries are beginning to experience rebounds. The office property market in the area is experiencing the same. Cautious optimism in the office market is prevailing, and there are a number of reasons this is the case.

With asking rents and interest rates remaining low coupled with the quantities of available space on the market, brokers, investors and developers continue to feel that this will only benefit both new, and existing, tenants in the area.

There are some key areas that are experiencing near “back to normal” market trends. The downtown market is a highly sought after environment, as is the Meadowood area. In both of these hot sub-markets, tenants can be expected to pay in the $2.00/sqft range for high-quality Class A space, which is close to where prices were before the recession in the area.

This is due in large part to the demand for .....  Click here to read the entire release  from NAI Alliance.

Chase Whittemore Closes Lease Transaction at McCarran Mansion in Reno

Brian Kelly, Esq. leased office space at McCarran Mansion located at 401 Court Street in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Chase Whittemore, MS, Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord McCarran Mansion LLC.

NAI Alliance Office Team Secures Lease for Greater Nevada Mortgage Services

Greater Nevada Mortgage Services leased 3,950 square feet at 10385 Double R
Boulevard in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Scott
Shanks, SIOR, Dominic Brunetti, CCIM and, Chase Whittemore, MS represented the tenant
Greater Nevada Mortgage Services.

Chase Whittemore Closes Lease Transaction at 1005 Terminal Way in Reno

Patrick Campbell leased office space at Executive Plaza Office Company located at 1005 Terminal Way, Suite 257 in Reno, Nevada.  In this lease transaction the NAI Office Properties Group of Chase Whittemore, MS, Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord Executive Plaza Offices Company, LLC.

NAI Alliance Office Represents Landlord in McCarran Mansion Sale, Maintains Exclusive Lease Listing

The NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Chase Whittemore, MS represented the seller 401 Court Street, LLC in the sale of the McCarran Mansion located at 401 Court Street in Reno, Nevada. The McCarran Mansion is 7,000 square feet.

Built in 1913 as the Gibbons Mansion, the home was purchased by Nevada lawyer, judge, and politician Pat McCarran in 1921. His law practice thrived in the days of the “Reno Cure” for troublesome marriages. He served in congress from 1933 to 1954. The property passed through other owners in the years following McCarran’s death in 1954. Now restored, it houses offices for a number of professionals and businesses in the area.

In addition to brokering the sale of the Mansion, the NAI Office Properties Group retained the Exclusive Lease Listing from the new owners, McCarran Mansion, LLC.

Todd Landaburu Joins NAI Alliance as Marketing Director

Press Release:
775 336 4600

NAI Alliance Commercial Real Estate is pleased to announce the recent addition of Todd Landaburu to the company. Mr. Landaburu joins NAI in the new role of Marketing Director that will be based in-house at NAI Alliance headquarters. In this role, his responsibilities include cross-functional marketing collaboration within all of the NAI business segments, develop and execute marketing strategy, oversee the use of the Contact Management System for marketing purposes, work with team members on campaign initiatives, reporting of campaign results, oversee public relations activities, and coordinate consistent marketing activities in emerging technologies to key market segments.

Prior to joining NAI Alliance, Mr. Landaburu amassed over 15 years of marketing experience as a Marketing and Development Manager, playing an integral role in strategy development and collaboration, internal and external information dissemination, content development for key market segments, and the coordination of collateral creation according to strategies set-out by worldwide marketing and sales organizations. Mr. Landaburu has experience in lead life-cycle programs, CRM tools, the incorporation of social media to marketing initiatives, and project management for marketing campaigns.

Michael Nevis & J. Michael Hoeck Secure Lease for Trex

Press Release: Industrial Group
775 336 4600

Trex Company leased a 337,500sf building at 2375 Newlands Rd in Fernley NV. Trex Company is the country's largest manufacturer of wood-alternative decking and railing products, marketed under the brand name Trex®. The company was formed in 1996 through the buyout of a division of Mobil Corporation and went public in 1999. Trex Company is headquartered in Winchester, Virginia, with manufacturing facilities in Fernley, Nevada and Winchester, Virginia. J. Michael Hoeck, SIOR; Michael Nevis, CCIM; Dave Simonsen, CCIM, SIOR; and Dan Oster of the NAI Industrial Properties Team represented the landlord and tenant in this transaction.

Chase Whittemore Closes Lease at 855 Maestro Drive in Reno NV

Press Release: Office Group
775 336 4600

HMS Business Services, Inc. leased 1,056 square feet at 855 Maestro Drive, Suite A in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Chase Whittemore, MS, Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord Dennis Banks and Art Hinkley, LLC.

Chase Whittemore Closes Lease at 3748 Lakeside Drive in Reno NV

Press Release: Office Group
775 336 4600

Nick Stosic Insurance leased 1,360 square feet at 3748 Lakeside Drive, Suite 100 in Reno, Nevada. In this lease transaction the NAI Office Properties Group of Chase Whittemore, MS, Scott Shanks, SIOR and Dominic Brunetti, CCIM represented the landlord GAB Properties, LLC.

Dave Simonsen, CCIM, SIOR Secures Sale of 1500 Marietta Way

Press Release: Industrial Group
775 336 4600

On Command Dog Training purchased a 20,000sf building at 1500 Marietta Way. The buyer will occupy 10,000sf. Dave Simonsen also facilitated a lease of 10,000sf to The Auto Body Shop within the building prior to closing. Dave Simonsen, CCIM, SIOR; J. Michael Hoeck, SIOR; Michael Nevis, CCIM; and Dan Oster of the NAI Industrial Properties Team represented the seller in this transaction. The buyer was represented by Fred Jayet with ReMax.

NAI Alliance Office Group Now Listing 825 Maestro Drive in Reno NV

Press Release: Office Group
775 336 4600

Dominic Brunetti, CCIM along with his partners Scott Shanks, SIOR and Chase Whittemore, MS of the Office Properties Group have secured the exclusive lease listing for 825 Maestro Drive in Reno, Nevada. The office space available is 4,312 square feet.

NAI Alliance Office Team Close Sale at 500 Damonte Ranch Parkway, Suite 909 & 929

Press Release: Office Group
775 336 4600

The NAI Office Properties Group of Scott Shanks, SIOR, Dominic Brunetti, CCIM, and Chase Whittemore, MS represented the buyer RVW Holdings, LLC in the purchase of 500 Damonte Ranch Parkway, Suite 909 and 929 in Reno, Nevada. The combined suites equal 6,647 square feet.

SIOR Recognizes NAI Alliance Industrial Team for Significant Transactions

Press Release: Industrial Group
775 336 4600

SIOR released the Northern California Chapter’s 3rd quarter significant transactions which highlights the quarter’s deals. NAI Alliance was highlighted twice for deals completed this quarter. Dave Simonsen CCIM, SIOR and Mike Hoeck, SIOR were recognized for a 160,744 sf industrial lease at 1025 Sandhill Road for Sanofi and a 50,000 sf industrial lease at 12995 Echo Avenue for Numark Industries. Dave Simonsen, CCIM, SIOR; J. Michael Hoeck, SIOR; Michael Nevis, CCIM; and Dan Oster are NAI Alliance Industrial Properties’ Team.

Dominic Brunetti, CCIM Closes Lease for Beckett, Yott, McCarty & Spann

Press Release: Office Group
775 336 4600

Beckett, Yott, McCarty and Spann leased 3,764 square feet of office space at 555 Double Eagle Court, Suite 1000 in Reno, Nevada. In this transaction the NAI Alliance Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Chase Whittemore, MS represented the tenant Beckett, Yott, McCarty and Spann.

Dominic Brunetti, CCIM Closes Lease at Lakeridge Centre Office Complex

Press Release: Office Group
775 336 4600

Wells Fargo Advisors, LLC leased 13,532 square feet of office space at 6005 Plumas Street in Reno, Nevada. In this transaction the NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Chase Whittemore, MS represented the landlord Lakeridge Centre Office Complex, LP.

Dominic Brunetti, CCIM Closes Lease for Axia Home Loans

Press Release: Office Group
775 336 4600

Axia Home Loans leased 3,265 square feet of office space at 6880 South McCarran Boulevard, Unit 1 in Reno, Nevada. In this transaction the NAI Office Properties Group of Dominic Brunetti, CCIM, Scott Shanks, SIOR, and Chase Whittemore, MS represented the tenant Axia Home Loans.

NAI Alliance Office Team Closes Sale at 6130 Plumas Street

Press Release: Office Group
775 336 4600

The NAI Office Properties Group of Scott Shanks, SIOR, Dominic Brunetti, CCIM, and Chase Whittemore, MS, represented the seller Plumas Street Properties, LLC in the sale of 6130 Plumas Street in Reno, Nevada. The building is 10,222 square feet.

Reno Foreign Trade Zone

Reno Tahoe International Airport is vying for a bid to have direct cargo flights from China, which is the world’s second largest economy.  The test flights will begin in December, one flight a day, 6 days a week.    

Legacy Supply Chain Services, which NAI recently completed a long term lease with, said this about getting Reno’s foot in the door. “Shippers want to see two things – they want to see the best price and they want to see the best service.  You must have one of those, or a combination of the two, if you want to break through and have shippers buy in.” – Russ Romine, Vice President of Global Transportation

Reno Tahoe International Airport Authority who has been trying to get Reno’s foot in the door since 2005 is one step closer to their goal.  Air China designated Reno Tahoe International Airport as its diversion airport if the weather in San Francisco was severe.

Reno also would be advantageous for Air China and other Asian cargo flights because of the savings in fuel.  A flight from Shanghai to Reno appose to flying to Los Angeles would save 1,673 gallons of fuel per flight.  That saving would be compounded annually and would add up fast.  Along with the fuel savings Reno also charges less in cargo fees.   

Reno has the ability to reach the 11 Western states with 1 day ground transportation and the city isn’t nearly as congested as Los Angeles or San Francisco.  With Reno’s growing distribution and logistics capabilities it could become an inland port much like Atlanta Georgia.   

These cargo flights could boost the economy here in Reno and we are all excited to see the results of the test flights starting in December. 

To read the entire article from the Reno Gazette Journal please visit this link -  http://www.rgj.com/article/20121111/BIZ03/311110011/China-cargo-deal-could-boost-Reno-Sparks-economy?nclick_check=1

Dan Oster Secures 415 East 4th Street Listing in Reno, Nevada

Press Release: Industrial Group
775 336 4600

The Industrial Team of Dan Oster; Dave Simonsen, CCIM, SIOR; J. Michael Hoeck, SIOR; and Michael Nevis, CCIM of NAI Alliance has entered into an agreement with the owner of 415 East 4th Street to sell or lease their 8,000sf industrial flex building. The building is close to downtown Reno and has a small yard. The building is offered at $60.00psf or $0.45psf NNN. For additional information on this property or a requirement you may have contact The Industrial Team at NAI Alliance 775.336.4600.

Asian Paradise Now Open in Damonte Ranch Town Center

Press Release: Retail Group
775 336 4600

Mark Keyzers, Sr. Vice President at NAI Alliance Commercial Real Estate Services, Worldwide, represented the landlord, LN Damonte Ranch Town Center, LLC, in the 2,394 square foot lease to Asian Paradise restaurant. The restaurant, featuring Chinese, Japanese, Korean and Thai cuisine, is located in Suites 810 & 820 in the Damonte Ranch Town Center at 1131 Steamboat Parkway, in South Reno. Adjacent tenants include Starbucks, Vino100, Subway, Lamppost Pizza, High Sierra Cycling & Fitness, Home Depot, Office Depot, RC Willey, CVS Pharmacy, McDonald’s, 7-Eleven, City Nails, Moana Dental Care, Damonte Ranch Animal Hospital, Mountain America Credit Union, and US Bank.

Dave Simonsen, SIOR, CCIM Receives National Recognition from ProLogis

Press Release: Industrial Group
775 336 4600

During this year’s fall SIOR conference Dave Simonsen, SIOR, CCIM was highlighted as ProLogis’ featured broker. ProLogis honored Dave because of his ability to complete complex transactions and because Dave filled 600,000SF of industrial space for ProLogis in their Northern Nevada portfolio. Travis Durfee of ProLogis said this about Dave, “In complex deals such as this one [global manufacturing company merging three different operations], Dave has always been a pleasure to work with. He is an excellent broker who shares our focus on customers and is extremely dedicated to his clients. It’s no surprise that even in a challenging market, brokers like Dave continue to produce results.” Dave Simonsen, SIOR, CCIM is Senior Vice President of the Industrial Team at NAI Alliance.

NAI Alliance Office Properties Group Announces New Land Listing

Press Release: Office Group
775 336 4600

Chase Whittemore, MS, along with his partners Dominic Brunetti, CCIM and Scott Shanks, SIOR of the Office Properties Group have secured the exclusive land listing for APN 160-070-12 in Reno, Nevada. The land available is located in the Reno Tahoe Tech Center and is 51,846 square feet and/or 1.19 acres.

NAI Alliance Office and Industrial Teams Close Lease at Mill@McCarran

Press Release: Office Group
775 336 4600

F & P Construction leased 2,100 square feet at Mill@McCarran located at 1140 Financial Boulevard, Suite 600 in Reno, Nevada. In this transaction the NAI Office Properties Group and the NAI Industrial Group represented both parties, the seller, Hidden Valley Tech Center, LLC and the tenant, F & P Construction.

Michael Nevis, CCIM Secures Lease at 201 Ireland Drive in McCarran Nevada

Press Release: Industrial Group
775 336 4600

PPG Industries, Inc. has leased 187,200sf of space located at 201 Ireland Drive McCarran, NV. PPG is a global supplier of paints, coatings, optical products, specialty materials, chemicals, glass and fiber glass. 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.