Thursday, February 23, 2012

New Office Property Listing for Lease Downtown Reno

Posted by: NAI Alliance Office Group
775 336 4600

The Office Properties Group is proud to announce a new property listing for 100 & 140 Washington Street in Reno, Nevada.

There is 443 square feet up to 5,992 square feet available for lease. The lease price is $1.20 to $1.49/per square foot and is full service.

For more information on this property or to view all listings please visit us at http://naialliance.com/

Tuesday, February 7, 2012


Posted by: NAI Alliance Office Group
775 336 4600

The Office Properties Group is proud to announce a new property listing for 1351 Corporate Boulevard in Reno, Nevada.

This building has 17,750 sf available for lease. 12,350 sf of office space and 5,400 sf of flex. The lease price is $0.75/psf plus NNN.

For more information on this property or to view all listings please visit us at http://naialliance.com/

New Office Property Listing for Lease

Posted by: NAI Alliance Office Group
775 336 4600

The Office Properties Group is proud to announce a new property listing for 1005 Terminal Way in Reno, Nevada.

This property has 456 sf up to 2,415 sf available for lease. The lease price is $1.00/psf and is full service.

For more information on this property or to view all listings please visit us at http://naialliance.com/



Posted by: Suzy N. Klass
Associate Office Properties Group
sklass@naialliance.com

With so much conversation aimed at our national healthcare issues, I think we forget that in reality, healthcare is extremely local in nature. What I mean by that is that every community has a distinct and unique character in terms of how healthcare is delivered. In addition, there have been studies that show differences in how doctor’s practice that conforms to local traditions and consumer expectations.

So too, is real estate very local in nature. Yes, we study national trends that are tied to economic indicators of the health of our entire country. But we all know the real estate market where we live is unique. How we do business, who the lenders are, what are the expectations of purchasers are all very steeped in local traditions.

“In health care, scholars associated with the Brookings Institution identified 10 of the best hospital regions in the country and then tried to identify common characteristics that could be replicated. There were almost none. Some regions had doctors on staff. Others paid fee-for-service. Some had electronic medical records. Others did not. A separate study of physicians’ practices found much the same thing. There were simply not enough objective characteristics that the practices had in common to allow an independent party to set up a successful practice by copycat alone.” (J. Goodman, National Center for Policy Analysis)

It is my business to identify and be knowledgeable about the national and the local aspects of healthcare and real estate in Northern Nevada. No two communities are alike, or have the same approach to real estate and their healthcare.

Thursday, February 2, 2012

The Future of NAI Global

As reported last week, NAI Global, the largest network of independent commercial real estate firms worldwide, announced that its previously reported acquisition by C-III Capital Partners LLC (C-III) has been completed. "The transaction pairs NAI Global’s network of commercial real estate firms totaling 5,000professionals and 350 offices in the U.S. and 55 countries around the world with an even broader range of financial and property management services offered by C-III, including loan origination and servicing," (www.costar.com, 2 Febraury 2012).

The following is an interview between CoStar News and Robert Lieber, Executive Managing Director of C-III, about the recent acquisition and future plans of C-III, as found on CoStar.com (a link to the full article can be found at the bottom of this page).

"CoStar: How does the NAI acquisition fit into your firm’s strategy of building a fully diversified commercial real estate services company?



Robert Lieber: NAI fits very nicely into our strategy, which is building a global, diverse real estate services platform at C-III Capital Partners. It’s a strategy not entirely different or distinct from what Andrew Farkas did in the 1990s when he created and built Insignia Financial Group. We think that the NAI portfolio of members provides us a unique opportunity to service the broader middle market, not just in the country, but globally. It’s an exciting opportunity.

C-III has a portfolio of properties that we are responsible for managing. While NAI Global is going to have to compete for that business on market terms like anyone else, we think that having NAI Global and our platform behind them gives the ability to grow the business and distinguish themselves in terms of the quality of the services they provide.


CoStar: Other than recapitalizing the NAI Global network, what other changes do you have planned for NAI Global? Expanding into more markets? New hires? New service lines?


Bob Lieber: We’re going to capitalize on the strengths of the NAI businesses and identify where we can add additional resources to grow that part of the business. NAI has a global footprint. We’ll want to look at where it makes sense to grow the business internationally as well as concentrate on growth here domestically. With relationships and capital, we think there are pretty exciting ways to grow.

CoStar: Are you planning to make more acquisitions? What opportunities do you see?


Bob Lieber: There are lots of opportunities to continue the growth curve we’re on, whether it be buying other special servicers or buying other property managers or service providers in the real estate business. It’s all very complimentary with what we’re trying to do as we build out our platform. We’re in a growth and acquisition mode. There are many parts to the business that we are considering," (CoStar.com, 2 February 2012).


For full article, click here: EXCLUSIVE: C-III Capital's Robert Lieber on NAI Global Acquisition and Growth Plans

Wednesday, February 1, 2012

New Walmart in Stead

A new Walmart is coming to town and is set to open in March, according to a recent article on ktvn.com. The new store will be located at 250 Vista Knoll Parkway in Stead. "We are thrilled to add this Walmart to the North Valleys and bring good jobs with career opportunities to the area," said Tim Davis, store manager for the new Walmart (ktvn.com, 1 Febraury 2012).

To see the entire article or learn about employment opportunities, click on the link: New Walmart in Stead Hiring 250 People