Commercial real estate transactions | nnbusinessview.com

Commercial real estate transactions

Office

The Grupe Company

The buyer purchased the 72,845-square-foot, seven-story Silver Vista Professional Office Building at 205 S. Sierra Street in Reno for $5.1 million. Trevor Richardson of Dickson Commercial Group represented the buyer.

Yardi Systems, Inc.

The tenant, who recently acquired Wun Systems, leased 3,343 square feet at 515 Double Eagle Court, Suite 205, in Reno. Fred Jayet of Re/MAX Premier Properties represented the tenant. Kevin Sigstad represented the landlord, Walter Wilkinson Trust B.

Steffen Hutchison LLP and Jason D. Guinasso Esq.

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The tenants leased approximately 3,3030 square feet at 500 Damonte Ranch Parkway, Suite 980, in Reno. Melissa Molyneaux and Landon Gonzalez of Colliers International Reno represented the tenant and landlord, Bruun-Andersen Family Trust.

Public Employee's Retirement System of Nevada

The tenant leased approximately 1,664 square feet at 1575 Delucchi Lane, Suite 222, in Reno. Melissa Molyneaux and Landon Gonzalez of Colliers International Reno represented the landlord, Meadow Wood Crown Plaza Inc.

Molsby & Bordner LLP

The tenant leased approximately 2,876 square feet at 527 S. Arlington Avenue in Reno. Melissa Molyneaux and Landon Gonzalez of Colliers International Reno represented the tenant and landlord, George J. Georgeson.

Clear Capital

The tenant expanded its lease with an additional 7,114 square feet at its office on the 14th Floor at 300 E. 2nd St. in Reno. Dominic Brunetti and Scott Shanks of Dickson Commercial Group represented the landlord, Basin Street Properties.

Elemental LED

The company added an additonal 13,200 square feet to its lease at its space at the South Valley Commercial Center in South Reno.

JLL represented the tenant. Kidder Mathews represented the landlord.

Industrial

CGLRR Trust

The company purchased the 11,700-square-foot office and warehouse facility at 640 Orrcrest Drive in Reno for $11,060,000. Lindy Deller and Tom Fennell with Dickson Commercial Group represented the buyer.

539 Vista Boulevard, Sparks

An undisclosed buyer purchased the 8,565-square-foot space in Sparks. Ronald Sheehan with Avison Young Western Alliance Commercial Inc., represented the seller, Sunset Pointe Group, LLC.

Reno Lumber

The company purchased 4.8 acres for expansion plans at the corner of Lamotte Road and Arrowhead Drive in Carson City. Bruce Robertson of NAI Alliance represented the buyer. Andie Wilson and Brad Bonkowski of NAI Alliance Carson City represented the seller.

Campfyre LLC

The tenant leased approximately 3,264 square feet at 9410 Prototype Drive, Suite 20, in Reno. Bryce Wiele of Colliers International Reno represented the tenant.

Big Rock Sports LLC

The tenant leased approximately 96,000 square feet at 9085 Moya Blvd. in Sparks. Chris Fairchild and Greg Shutt of Colliers International Reno represented the tenant.

LBA Realty

The company purchased the 423,001-square foot Mary's Gone Crackers headquarters, manufacturing and distribution facility at 9460 N. Virginia St. in Reno for $29.5 million. JLL and Kidder Mathews represented CP Logistics NVCC Building A-2, LLC, a joint venture between CalSTRS and Panattoni Development Company, in the transaction.

ERG Aerospace

The company purchased an 11.13-acre parcel of land at 770 South Meadows Parkway, Suite 110, in Reno. The seller is Tahoe-Reno Industrial Center, LLC. Mathew Harris and Ronald Sheehan with Avison Young Western Alliance Commercial Inc., represented the buyer.

Retail

Sierra Mattress Company, LLC

The company leased 2,329 square feet at 5890 S. Virginia Street, Suite 4B, in Reno. Tad Loran of Avison Young Western Alliance Commercial Inc., represented the landlord, Nevada Pacific Holdings I, LLC.

Cotton Tops

Enterprises, Inc.

The tenant leased 1,200 square feet at 537 South Meadows Parkway, Suite 120, in Reno. The landlord is South Meadows Promenade, LLC. Tad Loran of Avison Young Western Alliance Commercial Inc., represented the tenant.

Beauty Secrets

The tenant leased 300 square feet at 2303 Kietzke Lane, Suite PV-2, in Reno. Tad Loran of Avison Young Western Alliance Commercial Inc., represented the landlord, William and James Hammond, Mary Hicks, and Mary H. Hicks.

Sushi Lover, LLC

The tenant renewed its' lease 1,385 square feet at 400 W. 5th Street, Suite 102, in Reno. Tad Loran of Avison Young Western Alliance Commercial Inc., represented the landlord, Andrea Olson.

Sally Beauty Supply

The tenant renewed its lease of approximately 1,600 square feet at Silver State Plaza shopping center in Reno. Roxanne Stevenson of Colliers International Reno represented the landlord, Silver Street Station LLC.

Pacific Dental Services

The tenant expanded its lease with an additional 1,200 square feet at Ridgeview Plaza shopping center in Reno. Roxanne Stevenson of Colliers International Reno represented the landlord, Ridgeview Plaza shopping center in Reno.

Nova Salon

The tenant leased approximately 1,406 square feet at Caughlin Ranch Shopping Center in Reno. Roxanne Stevenson and Casey Scott of Colliers International Reno represented the landlord.

Investment

CKMR2

The Sacramento-based buyer purchased a 50,585-square-foot storage building on 3.15 acres at 12085 Moya Blvd. in Reno for $3,450,000. Joel Fountain, Chris Shanks, Dominic Brunetti, and Scott Shanks of Dickson Commercial Group represented the seller.

EMR Land Company, LLC

The buyer purchased a 62,903-square-foot warehouse on 1.85 acres at 601 E. 4th St. in Reno for $3.8 million. Travis Hansen of Dickson Commercial Group represented the buyer. Tom Fennell and Chris Shanks of Dickson Commercial Group represented the seller.

Land

CP LOGISTICS NVCC, LLC

The buyer purchased 47.47 acres of land on North Virginia Street in Reno. Kevin Sigstad and Fred Jayet represented the landlord, George J. Furman and Nancy J. Furman, Trustees of The Furman Family 1997 Trust and William J. Keenan and Mary F. Keenan, as Co-Trustees under the William and Mary Keenan Charitable Remainder Unitrust Agreement.