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Introducing our June Featured Advisor, Senior Advisor Casey Prostinak. Casey has worked in the commercial real estate industry for 4.5 years and focuses on the sale of office and industrial properties. Read more about Casey’s experience and his most memorable transaction at SVN.
Managing Director Tomi Jo Lynch was featured in the Northern Nevada Business View May Briefs for earning her Certified Commercial Investment Member designation.
Tomi Jo earned the CCIM designation during the CCIM Institute’s 2019 Midyear Governance Meetings March 30 – April 3 in San Antonio. This designation is the global standard for professional achievement.
Tomi Jo is a managing director at SVN Gold Dust Commercial Associates and specializes in the sale and leasing of industrial, and office properties. Lynch has been a party to more than $60M in sales volume and has completed over 500 lease transactions throughout her career. Lynch was recently appointed to the local CREW Board, previously served on the NAIOP Northern Nevada Board, sits on the SVNIC Advisory Board and was named the SVN Trainer of the Year in 2015.
To earn the CCIM designation, commercial real estate professionals must complete more than 160 hours of case-study driven education covering topics such as interest-based negotiation, financial analysis, market analysis, user decision analysis, investment analysis, and ethics in commercial investment real estate, among other qualifications.
Congratulations Tomi Jo!
Read the complete announcement here: https://www.nnbusinessview.com/news/henry-sotelo-new-city-of-reno-hearing-officer-nnbv-people-briefs-may-2019/
A build to suit is available for lease in Fernley, Nevada. Between 2,000 – 7,200 square feet is available and the space can be used for retail, restaurant or office uses. It’s located at Chisholm Trail & Financial Way, in Fernley’s main retail area and is within two miles of I-80 and USA 95A.
The space also features a neighboring retailer that attracts 400 customers daily, an adjacent multi-family development and ample parking.
Please view the complete listing here: https://www.svngdca.com/properties/?propertyId=486041-lease
A ±5,672 to ±12,672 square foot professional office building is available for lease for $1.35 sf/month. Located on the corner of Goni Road and College Parkway in Carson City, the property offers easy access to US 395 as well as surrounding amenities and restaurants.
Two flex condos, located at in the Sierra Vista Business Park at 868-876 Cottonwood Lane in Fernley, NV are available for sale. Two flex condos, located at in the Sierra Vista Business Park at 868-876 Cottonwood Lane in Fernley, NV are available for sale.
• Combined – $815,000 ($125.77 per SF) for 6,480 square feet
• Individually – $419,000 ($129.32 per SF)
View the complete listing here: https://www.svngdca.com/properties/?propertyId=369733-lease
Senior Advisor Casey Prostinak was featured in the Northern Nevada Business View. SVN announced Prostinak as a Senior Advisor in April 2019. See Casey’s announcement in the April edition of Northern Nevada Business View.
SVN Gold Dust Commercial Associates is pleased to present the inventory report for May 2019. A new listing includes the former NV 50 Bar & Grill, located at 10025 E. Hwy. 50 in Carson City. The ±6,081 square foot restaurant/bar space is for sale for $750,000.
The featured listing includes 4690 Longley Lane, a Class A 97% Leased Industrial Flex Investment, available for sale for $12,700,000.
Recently closed deals include:
SVN Gold Dust Commercial Associates and the Fernley Chamber of Commerce are happy to invite you to the Fernley Fiesta!
Join us on Wednesday, May 8 from 4-7 pm at 876 Cottonwood Drive for some tasty Mexican fare and drinks while you learn about SVN’s ventures in Fernley. We will also be celebrating our new Chamber of Commerce membership!
To RSVP, please email Heather Collins at heather.collins@svn.com.
Associate Advisor Heather Collins represented both the buyer and seller in the sale of 878 Cottonwood Lane in the Sierra Vista Business Park in Fernley. The condo is located in the I-80 E. Corridor industrial submarket of the greater Reno/Tahoe area.
The transaction of the ±3,240 square foot Industrial Flex condo closed on April 15, 2019 for $357,500. The transaction also featured a 10-day closing, an all cash buyer and was an owner/user purchase.
Offering 3 months free rent and 5% to procuring broker for four Flex Industrial/Retail Condos located in the Sierra Vista Business Park at 868-876 Cottonwood Lane in Fernley, NV.
Each condo is 3,240 SF with 740 SF of front office space and 2,500 SF of warehouse space.
They are located just off US Highway 95 in Fernley, two miles from Interstate-80, 28 minutes to Sparks/Reno and 15 minutes to USA Parkway and Tahoe-Reno Industrial Center (TRIC).
Highlights include:
