Tolles Development Co.’s $10 million acquisition of McCarran Marketplace on South McCarran Boulevard was part of a 1031 exchange that included more than 100,000 square feet of retail and industrial space.
The Redmond, Washington tech giant recently doubled down on its investment in Northern Nevada by purchasing 300.7 acres of land at Victory Logistics District in Fernley.
Declining prices for office properties in Northern Nevada has led dozens of owner-users to purchase their own buildings in 2024. Just over half of last year’s 65 office sales were from companies buying their own properties, Colliers reports. Investors, meanwhile, largely remained on the sidelines due to high interest rates and reduced access to capital.
Industrial developers are forging ahead with recently announced plans to erect build-to-suit and speculative industrial projects in Northern Nevada, but it's at a much more measured pace than in previous years.
What started out as a modest pumpkin patch has turned into a generational business for the Andelin family. Back in 2010, Cameron Andelin and his wife, Natalie, decided to host a pumpkin patch as a family project for their five children on their 150-acre farm off Pyramid Highway.
The early April opening of Reno Bar and Grill may be the first restaurant venture for Shane Mathias, but the longtime entrepreneur’s experience in food service stretches back nearly two decades.
A simple phone call from a commercial real estate broker led to a new line of business for SOLUS Technology Solutions, and the Reno-based technology broker said that providing managed network support could eventually become its largest source of revenue.
The developer of more than 3.5 million square feet of commercial real estate in Idaho’s Treasure Valley has set his sights on the former Harrah's property in downtown Reno.
Reno Type’s late-February acquisition of A. Carlisle & Company — one of Reno’s oldest businesses — allows Reno Type to continue its unprecedented growth, owner Kurt Hoge said.
Behavioral health services in the region recently leveled up with the opening of two new specialty care facilities.