It’s no secret that the real estate market has been in flux throughout the first quarter of 2023. Change is always scary, especially for those of us in industries that are directly impacted by the market’s ups and downs.

One of our core covenants at SVN is “Focus on the positive and the possible”. When the market is no longer a bonanza and business starts to slow, it’s easy to get discouraged and preoccupied by the negatives, but taking the time to notice the positive and focus on the possible around you is always worth the effort.

Even with the market’s recent fluctuations, this month I noticed some great things happening in our own Reno market. For example, High Mark Distillery, a tenant in a flex industrial park in Reno, recently doubled the size of their industrial space. This small business delivers delicious small batch spirits to the eleven western states and their drinks are so good that they’re currently expanding.

Felicia Keith-Jones, President of High Mark Distillery said,

“We are honored to distill great spirits on a much bigger scale this year. Reno just keeps on growing, and it’s a very thirsty town! To continue handcrafting ten delicious spirits, and age our Bourbon and Rum to perfection, we needed to double our Barrel House space again this year.

We are truly thankful for Tomi Jo Lynch keeping us informed each month on available square footage and prices. It takes a team to expand and succeed in business, and Tomi Jo was a definite asset to our growth plans.”

While the headlines lean towards negativity, there are bright spots in our market and stories of success all around. Working with someone who focuses on the positive and possible can make all the difference when it comes to finding a successful outcome for all parties.

If you’re in the Reno area, swing by High Mark Distillery to try a free tasting! Or if you need help expanding your business, finding your next investment, or selling a current property, I would love to partner with you to reach your goals!

The president of High Mark Distillery, Felicia Keith-Jones, was very pleased with their experience working with Tomi Jo Lynch and SVN Gold Dust. High Mark has recently doubled the size of their space to keep up with demand for their delicious spirits! Check out www.highmarkdistillery.com or swing by for a free tasting!

Welcome back to CRE Solutions!

In this video series, we’re answering the questions that you ask us most frequently. Whether you’re a tenant, landlord, buyer, or seller, we’re here to answer your commercial real estate questions.

This week’s question is,

“Can you help me find qualified tenants?”

Stay tuned for more episodes of CRE Solutions.

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Check out our new series, CRE Solutions! In this video series, we’re answering the questions that you ask us most frequently. Whether you’re a tenant, landlord, buyer, or seller, we’re here to answer your commercial real estate questions. This week’s question is from a tenant’s perspective, “Can I sublease my space?” Stay tuned for more episodes of CRE Solutions!

SOLD | $2,700,000

Arrowhead Drive, Carson City, NV

Tomi Jo Lynch, SIOR, CCIM, and Thomas Y. Johnson, CCIM, represented both the Buyer and the Seller in this deal. The Buyer had previously purchased the adjacent parcel and now holds a total of ± 24.31 acres on Arrowhead Drive. Congratulations to the Buyer, Seller, Tomi Jo, and Tom for completing this sale!

CREW of Northern Nevada is in great hands this year with a stacked board of directors and Tomi Jo Lynch, SIOR, CCIM as president. Congratulations to the 16 professionals selected for this year’s board!

See the article in Northern Nevada Business Weekly here.