Casey Prostinak of SVN Commercial Associates represented the buyer, in the sale of a 18,964 square feet investment office building on 9785 Gateway Drive in Reno for $3,925,000. The building is a single tenant occupied building.

SVN Commercial Associates Senior Advisor Jack Brower was featured in the Northern Nevada Business View’s “Northern Nevada Real Estate Journal”. Brower, along with other professionals in the northern Nevada area discussed how the industrial market in our region shows no signs of slowing after solid 3rd quarter. Read the full article here: Northern Nevada industrial market shows no signs of slowing after solid 3rd quarter

A ±1.5-acre pad in Las Vegas is available for sale for $20/square foot. The pad, which is available for Hotel Development is located at Meadows Mall, west of downtown Las Vegas. Other property highlights include:

• Close to the intersection of Highway 95 and Interstate-15
• This site is surrounded by a population of 493,421 with an average income of $56,685 and an average home value of $285,903
• Recent and future developments along with job growth in Las Vegas far outpace the National average
• There is 0% income tax in Nevada

View the complete listing here: https://www.svngdca.com/properties/?propertyId=386947-sale

Tomi Jo Lynch of SVN Commercial Associates represented the tenant Weltrans, NV, LLC with their expansion. The 4,618 square foot industrial space is located at 742 Spice Island in Sparks and closed on Tuesday, October 30.  This expansion was crucial to their business plan. Weltrans, NV, LLC is a trucking and logistics company based in Sparks, NV.

SVN Gold Dust Commercial Associates is pleased to present the inventory report for October 2018. Multiple new listings are available, including a land-industrial space in Spanish Springs and flex/industrial/retail spaces in Fernley.

SVN also closed numerous listings including a mixed-use redevelopment office/retail office space in Reno.

View and search the complete inventory here.

Amanda Eastwick of SVN Gold Dust Commercial Associates represented the buyer, Sustainable Furniture, in the sale of a 62,500 square feet industrial warehouse building on 13805 Mount Anderson Street in Reno for $5,100,000  with an original listing price of $5,900,000.

SVN Gold Dust Commercial Associates Managing Director Tomi Jo Lynch was featured in Western Real Estate Business’s October 2018 online issue. Tomi Jo wrote about “The Impact of Rising Interest Rates on Cap Rates.”

Read the full article below:

Read the full issue here: https://westernrealestatebusiness.epubxp.com/t/169062-western-real-estate-business

Five flex industrial/retail condos are available for lease on Cottonwood Lane in Fernley. Receive two months free rent with a minimum 3-year lease. Property highlights include:

• Each unit is ±3,240 square feet
  • ±740sf office/showroom
  • ±2,500sf warehouse
  • 12′ roll-up door
  • 14′ clear height
  • 200amps | 480volt
  • Two bathrooms
  • 6 parking stalls

• Easy access to Interstate-80
  Excellent visibility along US Hwy 95
• 2018 estimated NNN costs at $0.127 psf/mo.
• Newly refurbished in 2018

• 28 minutes to Sparks/Reno.

Suite 878 is also available for sale for $365,000.

View the property listing here: http://www.svngdca.com/properties/?ebref=&propertyId=369733-lease

A ±180 & ±395 square foot Class A Office is available for lease on 770 Trademark Dr. The lease rate is $1.90-$2.00 PSF/Mo. (Full Service). Property highlights include:

• Only 2 remaining spaces
• ±180 & ±385 square feet available
• Ample parking
• Kitchen area/breakroom
• High speed internet
• Interior janitorial services
• Full Service
• Class A South Meadows office property located in between Double R Blvd and Double Diamond Pkwy

View the property listing here: http://www.svngdca.com/properties/?propertyId=242951-lease

SVN Gold Dust Commercial Associates has a client requirement for Automotive Glass Company. Our specifications include:

• Tenant: Automotive Glass Company looking for second location
• Submarket: South Reno preferred
• Needs: Flex Industrial/Retail space; 1 roll-up door minimum
• Square footage: 1,500 – 4,000 SF with retail entry/showroom
• Wants: High visibility/traffic counts
• Timing: Flexible; considering build-to-suit opportunities
• Term: 5-10 year lease for the right location

Please contact Heather Collins with any potential properties.