Serving the A/E/C Industry
NAI Alliance announced the $8.9M sale of 375 Industrial Dr., a 54.2KSF manufacturing facility in Fernley. Brian Armon, Anthony Machabee, Derek Carroll, Mason La Fond and AJ Armon of NAI Horizon represented the buyer, Western Utility Telecom, Inc. Chris Fairchild and Casey Scott of Colliers represented the seller.
Villagio Apartments at 1850-1852 Merchant St. in Sparks recently sold for $6M. The buyer and seller were both undisclosed but based out of Southern California. Ben Nelson from Colliers represented the seller. The multifamily community contains 40 units.
Agora Realty & Management recently sold a 1.2-acre site to In-N-Out Burgers for approximately $4M. The property is located at the SEC of Rancho Drive and Lake Mead Blvd. in North Las Vegas.
Dickson Commercial Group announced the sale of 2440 Vassar St., a multi-tenant office space in Reno. Gary Tremaine and Josh Menante of DCG represented the seller. Neither the seller, buyer, nor transaction amount were disclosed.
Alturas Capital Partners acquired Legends at Sparks Marina in Sparks for an undisclosed amount. The retail center is home to national and regional tenants including H&M, Nike, Sephora, Five Below, Yard House, Galaxy Theatres, Burlington and Cavender’s.
Industrial Realty Group, LLC secured Greif as the long-term tenant for 14100 Lear Blvd. in Reno. Greif leased 183.1KSF to establish a rail-served plastics manufacturing operation. NAI Alliance’s Brian Armon, Anthony Machabee, Derek Carroll, Mason La Fond and AJ Armon represented the landlord. Sean Rooney of CBRE Cleveland and Dan Buhrmann of CBRE Reno represented the tenant. Heather Wessling Grosz and the Economic Development Authority of Western Nevada coordinated governmental support.
