Total Industrial Building Footage:     72,000,000 square feet

Total Population in Reno-Sparks:       341,000 people

USA City with Largest Industrial Footage Per Capita:   Reno-Sparks

Q3  2010 Industrial Vacancy Rate:   15.1%

Q3  2010 Industrial Sale & Lease Transactions:  37

Q3 2010 Industrial Transactions Footage:   419,000 square feet

Q3  2010 Industrial Net Absorption:    152,000 square feet

If you are interested in leasing or selling your land, retail store, industrial property or warehouse, Reno-Sparks Commercial will actively market your property to viable prospects.  If you are ready to grow your business by expanding or moving to a new location,Reno Sparks Commercial offers the expertise you can depend on.  Together, you and Reno Sparks Commercial will see your company’s needs fulfilled.

Total Industrial Building Footage:   72,000,000 square feet

Total Population in Reno-Sparks:   352,000 people

USA City with Largest Industrial Footage Per Capita:  Reno-Sparks

Q1  2010 Industrial Vacancy Rate – all Sub-Markets:   15.1%

Q2  2010 Industrial Vacancy Rate- all Sub-Markets:   15.5%

Q1  2010 Industrial Sale & Lease Transactions:  34

Q2  2010 Industrial Sale & Lease Transactions: 40

Q1  2010 Industrial Transactions Footage:  1,156,000 square feet

Q2  2010 Industrial Transactions Footage: 933,000 square feet*

* One transaction (Ryder Logistics) accounted for 390,000 square feet= 42% of total for Q2  2010.

Comprehensive market knowledge heads the list! And that knowledge must be specific to your required property type: industrial, office, retail, or investments. The most effective commercial broker is a specialist- not the “generalist”. This is especially true in our Reno-Sparks commercial market where there is no “Commercial Multiple” that brokers can subscribe to that compiles a database of all available properties (buildings and land) in any of the four specialties.

In my opinion, if you are seeking to lease or acquire an industrial building in Reno-Sparks, designate a broker whose sole practice involves only one property type and who can demonstrate that his firm maintains a proprietary database of all available Northern Nevada buildings and land in Northern Nevada in that property type. There won’t be many Reno-Sparks brokerage firms that offer that service- actually only four at this time.

Market knowledge doesn’t come from using third-party database services such as Loop Net or Co-Star because at best they track less than 60% of the available properties in Reno-Sparks at any given time.

I believe your best interests are served, and you can make the most informed property decision, only when you retain the most knowledgeable and experienced commercial broker who is focused on only one property group. For example, if your knee hurts would you consult a dentist for help? Of course not! If your company needs a 50,000 square feet manufacturing building in Reno, for example, would you seek the assistance of an office or retail broker? Not if you wanted to see every currently available industrial property that met your criteria!

Here’s an excellent test to verify you have the most market knowledgeable commercial broker working for you: call a commercial broker and give them the following information: (1) preferred location(s) in Reno-Sparks; (2) range of desired building sizes; and (3) recite your five key building features needed for your business. Now ask them to respond, in writing, with a list of submittals meeting those criteria and to email the results to you (in whatever “format” the broker elects) within one hour! The broker you really want representing you will meet that challenge and you will likely be pleasantly surprised at the results!      

More suggestions on how to select your commercial realtor in coming weeks!

Sometimes you have the good fortune to combine your “hobby” with your chosen career! Last Saturday that happened to me when along with my flying buddy, Ben Milander, I flew my aircraft based at Reno-Tahoe International Airport to shoot aerial photographs of several new Reno-Sparks industrial property listings! Owners of industrial, office and retail properties in Reno-Sparks are especially appreciative to see me include custom aerial shots of their properties in the comprehensive marketing packages I produce.

So it really doesn’t seem like work to pull our A36 Bonanza out of its hangar, grab my camera, and take-off for a half hour flight in the beautiful clear skies of Northern Nevada. Due to the tremendous growth of the Reno-Sparks industrial market over the past ten years, in particular, the hardest part of shooting aerial photographs of my listings can be locating the properties from the air!

Photography of any kind can be enormously creative and shooting from an airplane is no exception. The ambient light just after sunrise, and twenty minutes prior to sunset, is “magic” when shooting Reno-Sparks industrial properties. Reno-Sparks is high desert country and the landscape appears to glow and is most serene at those two times of the day.

After thirty years I still get a thrill preparing for a flight of any kind. To combine that love of flying with my Reno-Sparks industrial brokerage business is terrific! Life is good!

This outstanding 19,451 square feet industrial facility at 1215 Alexandria Court is listed by Gary Baker, Senior Vice-President, of Coldwell Banker Commercial-Clay   & Associates, in Reno, Nevada.

This Class A concrete tilt-up industrial building was constructed in 2005 by Lainer Development- a family owned developer that has constructed over 3.5 million square feet of industrial space in Reno/Sparks and California. It is a free-standing facility situated on a one-acre parcel in the westerly portion of the Tahoe-Reno Industrial Center- the nation’s largest industrial park based on land area.

The Property features 24′ clear height, fire sprinkler system,1,400 square feet air conditioned/heated offices, 800A, 277/4780V electrical power, metal halide lighting, floor drains, 44′ x44′ column spacing, skylights, dock high and grade level truck doors,and abundant parking for nineteen cars plus excellent on-street parking. The facility is also approved by the State of Nevada Health Department for food processing and manufacturing.

This concrete tilt-up facility was constructed in 1974 and has special zoning locational advantages in the City of Sparks as it is located on one of only four streets in Sparks where industrial uses are allowed to have ancillary retail operations. The facility is located in the Glendale East Business Park- a thirteen building industrial development situated adjacent to I-80 Freeway at the McCarran Boulevard off-ramp.

The facility is located at the northwest corner of E. Glendale Avenue and Watson Way. It features a hard-to-find interior truck dock (17′ x 37′), plus grade level truck loading, 400 square feet office area, coffee bar, 16′ clear height, fire sprinkler system, extra large restrooms, “bonus” mezzanine storage, a 200A,120/208V power panel, and parking for up to twenty-two vehicles on-site.

For more information contact Gary Baker by email (gary@renosparkscommercial.com) or phone (775) 823-9393
Visit my website: www.bakerreno.com

This beautiful contemporary single-story facility, built in 2006, is located near the corner of Longley Lane and Double R Boulevard- just northwest of South Meadow Industrial Park Reno NV, Nevada. The facility has two entrances, 7,648 square feet of deluxe offices, Conference Room, executive suite, ten feet ceilings, kitchen-lounge area, 5,400 square feet warehouse space (can be easily converted to additional offices), truck loading door, and parking for forty-two vehicles.

For more information contact Gary Baker Coldwell Banker Commercial Reno NV, (Nevada) by email (gary@renosparkscommercial.com) or phone ((775) 823-9393.
Visit my website: www.bakerreno.com

Foothill Commerce Center is a six-building complex zoned Mixed Use (MU) in the City of Reno and is home to many retail, home improvement and light industrial owners and tenants.

Unit F is situated in Building 5- the first facility you will see upon entering the complex. This space, located next to Sherwin Williams Paint in Reno, NV (Nevada), is presently in “shell” condition and therefore the interior improvements can be constructed to your exact needs.

Key features are: concrete tilt-up construction, 20′ stacking height, large rear 12′ x 14′ loading door, 200A, 277/480V electrical power panel, and abundant parking.

For more information contact Gary Baker by email (gary@renosparkscommercial.com) or phone ((775)                                               823-9393. Visit my website:  www.bakerreno.com

When built this concrete tilt-up facility will be available for a single tenant or may be leased as 18,480 square feet or 21,840 square feet. The property is located in Phase I (westerly portion) of the Tahoe-Reno Industrial Center- the nation’s largest industrial park based on acreage.

This free-standing facility will feature: 24′ stacking height, 800A, 277/480V power panel (or larger if required), five dock high truck doors and two grade level loading doors, parking for seventy cars, skylights, and energy efficient high output T-5 warehouse lighting fixtures,

For more information contact Gary Baker by email (gary@renosparkscommercial.com) or phone

(775) 823-9393. Visit my website:  www.bakerreno.com