RENO, NV – December 2021 – NAI Alliance, a leading commercial real estate brokerage and property management company in Reno, announces the sale of 1301 Cordone Avenue in Reno, NV for $2,800,000. Senior Vice President & Principal Dan Oster, SIOR and Derek Carroll represented the seller, an affiliate of Tolles Development Company.
The multi-level Class B office building has about ±25,611 square feet and was built in 1973. It sits in the Wells Avenue district. It was one of six downtown-area buildings Tolles acquired in 2017, and NAI Alliance has handled leasing and sales across that portfolio.
For more information about the sale of 1301 Cordone Avenue, or about office investment in Reno’s urban core, please contact Dan Oster, SIOR at doster@naialliance.com.
About NAI Alliance
NAI Alliance, established in 2005, is a full-service commercial real estate company specializing in sales and leasing brokerage and property and facilities management in Northern Nevada. As a member of the NAI Global network, NAI Alliance is also connected to the largest network of independent commercial real estate firms worldwide. Learn more at naialliance.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America, Latin America, Europe, Africa, and Asia Pacific, with over 5,100 local market professionals, managing more than 1.1 billion square feet of property and facilities. Annually, NAI Global completes more than $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit naiglobal.com.
