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,

“What is a Gross Modified lease?”

Stay tuned for more episodes of CRE Solutions.

Click below to watch our latest episode!

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,

“What is a Full Service lease?”

Stay tuned for more episodes of CRE Solutions.

Click below to watch our latest episode!

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, “What is a NNN lease?”

Stay tuned for more episodes of CRE Solutions. Click below to watch our latest episode!

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, “Where should I start with a commerical real estate broker?”

Stay tuned for more episodes of CRE Solutions!

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!

Tomi Jo Lynch, SIOR, CCIM, has recently become a member of the board of directors for Heritage Bank of Nevada, a division of Glacier Bank! Tomi Jo looks forward to continuing to serve her community in this new role.

I was recently reminded about the value of being versatile in the commercial real estate industry. I deal with clients ranging from individuals to large corporations, someone looking to rent 400 SF for a small office to someone looking to buy a 300,000 SF industrial building. Commercial real estate requires versatility and adaptability. Here at SVN®, we pride ourselves on both.

One of our core covenants is “Cooperate proactively and place my clients’ best interests above my own.” Although we always work to place our client’s best interests above our own, their interests often vary greatly from client to client. Our commitment, professionalism, and level of skill does not vary between clients, but our communication and negotiation styles certainly do.

Earlier this month I closed a deal that was a lease for 512 SF in an office building in downtown Reno. The new tenant is an individual that is just starting their own business. A few weeks ago, I also completed a land disposition for $1,900,000. The buyer of this parcel was a large corporation with deep pockets and plenty of real estate knowledge. The level of care I demonstrated throughout both deals was the same, but I needed to be versatile and adaptable while facilitating both deals. A person starting their own business and looking for a small office has different needs and communication style than a large corporation looking to make a land investment.

The commitment remains the same, but meeting the client where they’re at and adapting to their needs and style is equally important. Those of us in commercial real estate need to have the ability to be a chameleon, as well as never change our spots when it comes to putting our clients first.

Tomi Jo Lynch, SIOR, CCIM, Managing Director

775.530.2621

Tomijo.lynch@svn.com

SVN | Gold Dust Commercial Associates, one of the region’s premier brokerage firms, has completed the sale of 85 Isidor Court in Sparks, NV, for $3,100,000.

Managing Director, Tomi Jo Lynch, CCIM, SIOR, represented the Seller of this ± 19,200 SF industrial building located in Spanish Springs. The property also includes a 0.39 acre storage yard.

85 Isidor Court is a freestanding class A industrial facility in the Spanish Springs Business Center. Built in 2005 this property sports 4 grade level doors and a large fenced and paved yard. The property is well situated in the Northern Nevada industrial market which boasts one day truck service to eight states and two day truck service to 11 western states. 85 Isidor Court also sits only minutes outside of the town center of Spanish Springs, grocery stores, and restaurants. The building was in shell condition at the time of sale, making it the perfect clean canvas for its new owner. Lynch said of the sale, “With limited property inventory available, this sale represents the highest price per

square foot transaction in the Spanish Springs industrial market to date.”

SVN is the only major commercial real estate brand that proactively markets all its qualified properties to the entire brokerage and investment community. Participating in approximately $12.5 Billion in sales and leasing transactions in 2020, SVN advisors shared commission fees with co-operating brokers in order to close more deals in less time and at the right value for clients. Advisors also reap the benefits of our SVN Live® Weekly Property Broadcast, cloud-based leading-edge technology, and national product councils. This open, transparent and collaborative approach to real estate is the SVN Difference that allowed our agents to close this sale.

About SVN|Gold Dust Commercial Associates

SVN|Gold Dust Commercial Associates is an independently owned and operated SVN® office located in Reno, NV. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network^® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.svn.com.

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.