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Rob Sabo

Stories by Rob

Mill Street makeover

One of the oldest tilt-up industrial complexes in Reno is seeing new life, and it’s already resulted in nearly full occupancy from a spate of new tenants.

252 units coming to Moana Lane and Neil Road

Transforming the large vacant lot at the corner of Moana Lane and Neil Road into a workforce affordable housing apartment complex has already been a 27-month journey for developer Lincoln Avenue Capital, and the project is truly just beginning.

Fidelitone finds a new home at The Park

Third-party logistics provider Fidelitone’s move into a new warehouse that’s 340 percent larger than its initial space in Northern Nevada positions the company to earn new business and better serve existing customers.

Industrial market slowing in Northern Nevada

Interest rate hikes taking toll on market

Northern Nevada’s white-hot industrial market is cooling faster than a late-fall sun slipping over the Western Sierra skyline.

Make-your-own candle company expands Reno operation

CandleScience, which sells a wide range of candle-making kits and supplies, moves into 96,000-square-foot distribution center in The Park at McCarran.

Reno’s Dermody creating logistics campus near Chicago

Dermody Properties purchased the 232-acre former Allstate campus in the Chicago suburb of Glenview in October 2022 for $232 million.

Year-round farming operations

Peri & Sons purchases 2,411-acre ranch in California

Four years ago, Yerington farmer David Peri, owner of Peri & Sons Farms, rented some ground in California’s agriculture-rich Imperial Valley in order to have a year-round spring mix lettuce farming operation.

‘Transformative for the college and the City of Reno’

University of Nevada, Reno’s College of Business coming to fruition through public-private partnership

The University of Nevada, Reno’s third-party development agreement with Edgemoor Infrastructure & Real Estate will deliver the new College of Business building a full three years earlier — possibly more — than if the university had pursued funding for the project through the Nevada Legislature.

Data centers to Northern Nevada: No signs of slowing

A decade ago, the words “data center” weren’t often used around these parts. Today, data centers represent one of the hottest sectors of industrial development in Northern Nevada. Apple kick-started regional data center development by investing more than $1 billion in its data center near Tahoe Reno Industrial Center. The facility is powered in part by a 19.9- megawatt solar installation near Yerington. Apple was quickly followed by large data centers from Switch and

Tract purchases 2,200 acres at TRIC

Denver-based company plans data center park

That’s roughly the average output of two nuclear power plants. It’s also how much power is slated to be delivered to two massive parcels of land in Tahoe Reno Industrial Center that ultimately will become ground zero in Northern Nevada’s burgeoning data center industry.

Broadbent & Associates transitions leadership, bridges gaps for clients

The leadership transition at longtime Reno civil engineering and environmental consulting firm Broadbent & Associates is about as seamless as any business could hope for.

EdgeCore Digital Infrastructure building 1.5 million square-foot data center at TRIC

Reno-Sparks may be a few hundred miles from the tech epicenter of the San Francisco Bay Area, but as far as data transmission goes, it might as well be situated in the heart of Silicon Valley.

Reno home energy storage firm expands workforce

“Reno is the perfect location to invest in engineering talent, and it also gives us the room we need to expand."

Grand Sierra Resort announces $1 billion project

The 10,000-seat sports stadium will be the new home of the University of Nevada, Reno men’s basketball team.

Parkway Athletic Club at Saint Mary's to open in October

The new operator of the closed gym facility at Saint Mary’s says the reopening of Parkway Athletic Club at Saint Mary’s this October provided the perfect opportunity to extend the Parkway brand.

Mixed bag for office real estate market

Two recent office building sales offer a glimmer of hope for Northern Nevada’s struggling office market, although some sub-sectors – mainly, South Meadows – continue to vastly underperform.

Reno Startup Week slated for Sept. 25-29

The largest business startup event ever held in Reno is scheduled to begin next week. Reno Startup Week runs Sept. 25-29 and takes place at multiple venues across the Truckee Meadows.

Get to know new EDAWN president Taylor Adams

The Economic Development Authority of Western Nevada’s new President and Chief Executive Officer, Taylor Adams, officially took hold of the reins to the organization in mid-August.

Regional Transportation Commission adds hydrogen fuel buses to its fleet

Ongoing fuel cost issues are one of the main reasons why the Regional Transportation Commission has created a highly diversified fleet of buses that run on a range of alternative fuels.

TRIC battery recycler, Redwood Materials, building a 5 million-square-foot space

Redwood Material’s 300-acre campus at Tahoe Reno Industrial Center already includes about 1 million square feet under roof

Coalition looks to close the lithium loop in Nevada

Forming the Nevada Battery Coalition helps facilitate a united effort for lithium production, use and recovery.

Northern Nevada investment properties: ‘The market is basically frozen’

Transaction volume for investment properties likely to remain low into 2024

Transaction volume for investment properties in Northern Nevada is in the doldrums, a recent trend that’s not expected to change anytime soon.

Northern Nevada housing market remains consistent

With 30-year fixed mortgages rates stubbornly hovering just under 7 percent, would-be homeowners across the Truckee Meadows are opting to stay put, which continues to create a dearth of sale inventory in the residential sector.

Coming in for a landing: National Championship Air Races ending after nearly 60 years in Reno

After a nearly 60-year run, the National Championship Air Races will fly into the sunset when the event concludes Sept. 17.

New Edge Living plans 72 custom homes in the coveted foothills of southwest Reno

A new luxury custom-home subdivision is underway in the coveted foothills of southwest Reno. Grading and infrastructure work is taking place at Marama by New Edge Living. Marama will encompass 72 fully custom homes and is located off Woodchuck Circle, an area well-known by locals as the primary access point for both the Hole-in-the-Wall trail along the Steamboat Ditch canal and the exceptional hike up to Hunter Creek Falls.

Bryce Clutts and Tom Metcalf set Metcalf up for future with new headquarters in Sparks

A chance meeting more than a decade ago would eventually forge a new direction and leadership path for Carson City general contractor Metcalf.

Hot August Nights revs up revenue

Rising costs are one reason HAN is making a push to increase its revenue from one of Northern Nevada’s largest special events.

Luxury in demand: ZLINE expands Reno operation with success of appliances

With about one-third of its revenue coming from western regional sales, luxury kitchen and bath appliance manufacturer ZLINE Kitchen and Bath recently opened an additional 52,000 square-foot warehouse on Parr Circle in Reno to continue growing its western footprint.

Nevada Chapter of Associated General Contractors makes pitch to younger workers

The Nevada Chapter of Associated General Contractors has decided to take the offensive in the fight for headcount.

EDAWN introduces new CEO Taylor Adams

Taylor Adams was chosen to take over for outgoing EDAWN CEO and President Mike Kazmierski

Multifamily apartment market slows

Valuations, interest rates making impact on 2023 deals

Northern Nevada’s multifamily apartment market has seen few sales transactions in 2023 as investors balk at taking out high-interest-rate loans and sellers eschew some significant price valuations for their properties.

Corwin Auto Group building new Ford dealership in south Reno

Corwin Auto Group recently broke ground on a new Ford dealership in south Reno that not only positions the Fargo, N.D., company to increase its share of new Ford sales in Northern Nevada but also significantly boost its service capabilities, a Corwin Auto Group executive said.

Battle Born Broncs helps Churchill County’s tourism effort

The Professional Rodeo Cowboys Association event features 60 of the nation’s top saddle bronc and bareback rodeo cowboys.

New class A industrial space coming to west Reno, north Sparks

Dermody Properties plans to construct approximately 813,000 square feet of new class A industrial space in the coveted west Reno and north Sparks submarkets.

Pyramid Highway expansion part of six-phase plan to ease congestion

Back in the 1970s, Pyramid Highway was a sleepy little roadway that began at Queen Way and was primarily used by the few thousand residents who lived out that way and weekend sun seekers headed for Pyramid Lake.

‘Pretty aggressive expansion plan’

Aqua Metals hopes to have first leg lithium-ion recycling facility online in 2024

Northern Nevada’s emergence as the nation’s premier hub for lithium battery manufacturing and recycling will take another step forward when Aqua Metals brings the first leg of its new lithium-ion recycling facility online in 2024.

Tax credits key to affordable housing project

The Ridge at Sun Valley will consist of 195 units spread across 11 three-story walkup buildings, including a clubhouse.

Record amount of industrial development underway in region

There’s a good reason why industrial developers haven’t pumped the brakes on the construction pipeline throughout greater Reno-Sparks.

From outdated to destination: Northern Nevada repurposing big box spaces into thriving facilities

Perhaps nowhere is the growing national trend of repurposing outdated and empty big box retail spaces into thriving retail and social destinations more evident than in Northern Nevada, where several high-profile conversions in Reno and Sparks are bringing shoppers back to once-shuttered spaces.

‘Diamond in the rough’ New owners foresee huge expansion for Port of Subs

John Larsen grew the Port of Subs franchise from a single sandwich shop on Rock Boulevard in Sparks to a respected regional chain with more than 135 locations in seven states. The next stage of Port of Subs growth, however, could see the number of franchise locations explode on a national and global scale.

Industrial hub: Completion of Red Rock Business Park expected this year

Panattoni, Alston combine on 136,000-square-foot project for the final piece of Red Rock Business Park.

Junkee taking another chance

Schneider moving Junkee Clothing Exchange to Reno Public Market; opening Uncle Junkee

Jessica Schneider always dreamed of owning the building that houses Junkee Clothing Exchange at 960 S. Virginia St. in Midtown Reno. So much so that she used to leave Post-It notes throughout the building that said as much.

American Battery ready for ‘recycling at a large scale’

A move into a 137,000-square-foot facility at Tahoe Reno Industrial Center will likely prove transformative for the battery recycling company.

Creating the pipeline of local talent: ITS Logistics, UNR create supply chain program

Scott Pruneau, chief executive officer at Reno-based ITS Logistics, has spent his entire career working in the supply chain industry.

Baking up expansion: Roundabout Catering acquires Franco Baking Co.

The owners of Roundabout Catering continue to build their growing regional food-service empire. MaryBeth and Colin Smith in 2022 opened the 12,148-square-foot The Meadows Event Venue in Fernley and also acquired the former Campo location at the Truckee River in downtown Reno and rebranded the space as a new restaurant concept, Smith and River. Their most recent acquisition is Franco Baking Co., on Glendale Avenue in Sparks.

Retail development following Victory Logistics District in Fernley

13-acre Fernley Promenade project underway

The largest retail shopping center to be built in more than a decade in Fernley is underway.

Capstone Advisors starts master-planned community in Lemmon Valley

Capstone Advisors first residential project in Northern Nevada is a master-planned community on just over 112 acres in Lemmon Valley. The real estate investment and development company headquartered at Carlsbad, Calif., purchased the bulk of its land holdings in 2017 and constructed the fully leased 11,000-square-foot SkyVista Village on Vista Knoll Parkway adjacent to Walmart, said Mark Hayden, vice president of development for Capstone Advisors.

Dragonfly Energy continues breakthroughs in lithium-ion batteries

Dragonfly Energy’s roots are in providing lithium-ion battery storage systems for the RV industry.

Multifamily project in progress at Kiley Ranch in Sparks

Robert Lewis has spent a lifetime reading regional real estate markets. In an interview with NNBW last week, Lewis, president of the Nevada Division of the Lewis Group of Companies, said multifamily properties remain in high demand as the cost of goods and interest rates have skyrocketed. It’s one of the primary reasons that Lewis Apartment Communities broke ground on a 306-unit multifamily project at Kiley Ranch in Sparks.

Majestic Realty is making the ‘play’ in Reno’s market

A few years ago, when Majestic Realty was scouting new markets to add inventory to its more than 83 million-square-foot portfolio, it didn’t take the strategic team long to decide to make a play in Reno.