Aaron Smith with Fennell & Associates has successfully leased space at 6490 S. McCarran  Blvd., Suite 15. to his client, Sphaera Massage Group who specialize in massage therapy.

Cathy I. Shanks, CPM with Fennell & Associates has successfully represented her Tenant in the leasing of 182,000 square feet of industrial space in the Tahoe-Reno Industrial Center which is a brand new industrial park.

Ron Boles, CCIM, with Fennell & Associates, commercial real estate solutions, has represented Clarkson Plaza, LLC in the sale of 3004 Kietzke Lane, a 25,000 square foot shopping center anchored by Big-O Tires.  The purchase price of $3,975,000 was obtained despite the last minute pull out of the buyer’s lender.  Seller financing was the key to making this transaction work in today’s market.

Aaron Smith, Fred Miller, SIOR, and Cathy Shanks, CPM of Fennell & Associates, commercial real estate solutions, based in Reno, Nevada are marketing for lease 8690 Technology Way.  14,701 SF of warehouse space and 3,000 SF of office for $0.75/SF MG, no CAMS.  Call 775.850.3100 for information.

Fennell & Associates, commercial real estate solutions of Reno, Nevada is pleased to announce that Harvey Fennell & Tom Eberle have successfully represented their client, Magnolia Village, in the leasing of 1,900 SF of boutique space.  The space was leased to a high end retailer specializing in men’s and women’s running equipment and apparel.

Aaron Smith of Fennell & Associates, Commercial Real Estate Solutions, in Reno, Nevada has just become a member of EDAWN.  EDAWN is the Economic Development Authority of Western Nevada.  Check out their website at www.edawn.org.

Ron Boles, CCIM of Fennell and Associates, commercial real estate solutions, of Reno, Nevada successfully completed the sale of multifamily land with a 1,230 sf single family residence in Sparks Nevada. Originally priced at $295,000 the property end up selling at $182,500. The key in this market is for the principals to be flexible to get the transaction done, unfortunately this can be financially painful to the Seller… just two years ago this was turned around it was the Buyer who was in the financial pain… I look forward to a balanced market without the pain.

Aaron Smith with Fennell & Associates, Commercial Real Estate Solutions, has recently become a member of the University of Nevada, Reno Alumni Association.

Aaron Smith successfully represented the Tenant, Mujahid Rasul, M.D., in leasing 540 Plumb Lane, Suite A.

Tom Eberle has recently closed the sale of his client’s industrial building at 740 Bennie Lane.  Good work, Tom!