The success of boat and RV storage at a
Caughlin Ranch facility led developer Gary
Sabatini of Sierra Management Group on a
three-year search for a suitable place to build
another storage facility.
And after a year of land negotiations,
Sabatini and partners Brett Sabatini and Jill
Carter, principals with Sierra Management
Group, have begun developing a 9.1-acre site at
the southwest corner of Longley Lane and
South McCarran Boulevard.
The project will include 135,000 square
feet of boat and RV storage and 23,000 square
feet of office and retail space. Part of the retail
development will be a 3,400-square-foot winery
with a 1,500-square-foot restaurant.
Gary Sabatini says approximately 10,000
square feet of office space has been leased and
that Sierra Management Group will move from
its current location at 855 Mill Street once the
project at 5005 Longley Lane is finished.
Completion is scheduled for May or June of
2009.
Sabatini says when Sierra Management
Group opened Caughlin Ranch Mini
Warehouse and RV Storage five years ago, the
boat and RV storage sites filled in a few
months.Ditto for a company-owned facility on
Kietzke Lane.
"We need additional RV and boat spaces;
we have waiting lists," he says.
The Metzker Johnson Group helped
Sabatini find a suitable site. Sierra
Management Group will foot the $14.5 million
bill for the new project. Sabatini says the company
secured a $2.4 million construction loan
but likely will not use it.
"We are mostly doing it with cash," he says.
The retail and office development will be
constructed during the second phase of the
project, and Sabatini says he has not yet
applied for permits with the City of Reno.
Sabatini admits to being slightly nervous
about adding retail space with the region's
high vacancy rates.
"But we have half sold or rented already, so
we should be OK," he says.
Quilici Construction is performing site
work, and Pavers Plus will handle the cement
and block work.A general contractor has not
yet been selected for the project.
