Trinity, a Reno, Nevada based commercial real estate firm specializing in the sale and leasing of office, industrial, & land properties is pleased to announce the successful landlord representation of the lease renewal and expansion of Enel North America at the office building known as Airport Plaza located at 1755 East Plumb Lane in Reno, Nevada.  Brian Armon, CCIM a Principal at Trinity represented the landlord.

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This great historic looking building in a popular retail center in Reno, Nevada is available for lease.  Located in a prime retail location near the intersection of South Virginia Street and Interstate 395 in Reno, Nevada with easy access from Kietzke Lane.  The building can be seen by Highway 395 North and South traffic and is one block from the Meadowood Mall.  The building is ideal for either a Restaurant or Retail use.  This building has a large upper level patio space with spectacular views of the Sierra Nevada Mountains and a beautiful balcony area overlooking the main floor.

South Virginia Lease

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A rare find in Old Southwest Reno, Nevada. This approximately 8,542+/- square foot lot is a located on the Northeast Corner of Plumas Street and LaRue Street. The corner location, mixed use zoning, and high traffic counts makes this a great site for a mixed use development.

Plumas La Rue Flyer

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1.427 +/- acres of commercial land available on Sullivan Lane in Reno, NV.  This commercial land is in the Neighborhood Commercial District zoned C1.  Located near major retails like K-Mart and US Bank.  Easy access to bus lines and residential housing.

1410 Sullivan Flyer

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This property located in Southwest Reno, Nevada near Moana Baseball Stadium and South Virginia Street provides a great value with low cost full service leases.  Most suites are ready for immediate occupancy. 

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Great Sparks, Nevada office building location near the intersection of Pyramid Highway and McCarran Boulevard. This is the newest building in the Pyramid Professional Center. The approximately 4,240+/- square foot office building is available now for your improvements with an owner’s contribution of $28 per square foot. The building can be split to as small as 1,200+/- square feet or taken as a whole building. Can be used for general office, professional office, or medical uses.

Pyramid Plaza

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Trinity, a Reno, Nevada based commercial real estate firm is pleased to announce that Brian Armon, CCIM successfully represented his client, Integral Energy Managment, in the sub-lease of office space at 1755 East Plumb Lane in Reno, Nevada.

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LEASED

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The Northern Nevada office market finished the year with three of the four quarters with increased vacancy and negative net absorption for the first time. The second quarter of 2007 represented the only positive in vacancy, but was really a factor of sub-lease space not effecting direct vacancy. Increasing vacancy was the trend for the year when the market included all available space whether it was direct or sub-lease. The total market vacancy increased to 18.5% up from 17.9%. When including the available sub-lease space which continues to increase, the total market has a vacancy factor of 20.4%. The office market and specifically the Class A office market has traditionally been a strong market that was able to sustain the positive absorption even during national economic downturns, yet the net absorption for Class A product in 2007 was a negative 94,190 square feet. The increasing direct space and sub-lease space with the prospect of additional space returning to the market doesn’t present a pretty picture for the coming quarters and potentially all of 2008.

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Trinity, a Reno, Nevada based commercial real estate firm specializing in office, industrial, & land is pleased to announce the completion of a lease agreement with the tenant, RD Rhett Construction, at 12 Glen Carran Circle in Sparks, Nevada while representing the landlord.  12 Glen Carran Circle is part of the larger Glen Carran Center an Industrial Flex project consisting of over 125,000 square feet in Sparks, Nevada.

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