NAI Alliance is a full service commercial real estate company with years of collective experience in office, industrial, retail, land, multi-family and investment brokerage and commercial property management - more than any other commercial brokerage in the Reno and Northern Nevada area. We chose our name because some of the most seasoned brokers in the Reno and Northern Nevada area came together to deliver unsurpassed customer service and real estate solutions based on superior market knowledge.

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Contact Information

Reno Office
50 West Liberty Street
4th Floor West Tower
Reno NV 89501
United States

Tel (775) 336-4600
Fax (775) 336-4699

Carson City Office
504 East Musser Street
Carson City, NV USA 89703

Tel (775) 721-2980

Elko Office
225 Silver Street, #104
Elko, NV USA 89801

Tel (775) 336-4600

 

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2Q14 Retail Market Report

The NAI Alliance Retail Properties Group has released its Q2 2014 Northern Nevada Retail Market Report.  Here are some of the salient points from the report:
  • Overall vacancy rates decreased slightly to 16.57%
  • Anchor space vacancy is currently at 13.09%
  • In-line shops decreased in vacancy to 21.52%
  • There were 48 tenants moving into space in Q2 2014 resulting in 247,843 square feet of new leases.
  • In this quarter, net absorbtion was 109,604 square feet and gross absorbtion was 247,843 square feet. 
  • There were two significant sales in the second quarter. The Texaco at 1365 Baring Blvd. and a small retail strip center at 1145 N. McCarran Blvd. Find more details in our quarterly market report.
Please click here to download the entire report.

Retail Market Report Q1 2014

The Northern Nevada retail vacancy rates continued to decline during the first quarter of 2014. 
  • Overall vacancy rate: 17.29%
  • Anchor space vacancy rate: 13.78%.
  • In-Line shops vacancy rate: 22.30% 
  • Net absorption: 76,960 SF
  • Gross absorption: 144,319 SF

NAI Alliance Wins Three Categories at the Annual Summit Awards 2014 Event


Kelly Bland with NAI Alliance Reno Retail Properties group, members of the NAI Alliance Reno Industrial Properties group, and Andie Wilson, CCIM of NAI Alliance Carson City received coveted awards at the 9th Annual Summit Awards Event held Friday, April 18th at the Eldorado Hotel Casino Convention Center. 

NAI Alliance Principal/Senior Vice President of Retail Properties, Kelly Bland, won the 2013 award for Retail Broker of the Year for the second year in a row!  The Broker of the year award is based on total production from a broker in the retail industry.  Some of Mr. Bland’s transactions in 2013 included the renewal of TJ Maxx, DB Shoes and Michael’s stores at Firecreek Crossing located at 4821-4871 Kietzke Lane; the sale of the former K-Mart building located at 4855 Summit Ridge; and the new CarMax Development along South Virginia Street in South Reno.

Also, the NAI Alliance Industrial Property brokers received the award for the 2013 Largest Single Sale Transaction.  J. Michael Hoeck, SIOR; Michael Nevis, CCIM; Dave Simonsen, CCIM, SIOR; and Dan Oster, SIOR of NAI Alliance Reno represented the seller, PanCal Fernley LLC, in the investment sale of a 337,500sf distribution warehouse.  The building is fully leased to Trex Company, Inc.    

And finally, Andie Wilson, CCIM, Principal/Broker-Salesperson of NAI Alliance Carson City received the 2013 award for Generalist of the Year. Based in Carson City, this is the third time Ms. Wilson has won this award. A generalist doesn’t specialize in any one area of commercial brokerage, instead participating in transactions across the board: industrial, retail, office, land, and investment.
           
The Summit Awards of Northern Nevada recognizes notable achievements in the commercial real estate sector from 2013. The Summit Awards is the only awards program of its kind in Northern Nevada to encourage and recognize distinguished commercial agents, brokers, property managers, developers and projects.  The annual Summit Awards are sponsored by the Northern Nevada chapters of CCIM, CREW, and NAIOP.


NAI Alliance  |  50 West Liberty Street  |  4th Floor West Tower  |  Reno, NV 89501  |  775.336.4600  |  775.336.4699 fax  |