Desk of Jeffrey Lowden

Tenant Representation

  From the desk of Jeffrey Lowden Tenant Representation As more of California moves to the N Nv area, Sky West is assisting business to reposition and / or expand. If you know of a company looking to move into town or are currently here and need to find space to expand, we are here to help. Sky West prides itself on Tenant Representation. Some of the transactions that Sky West has done include: Golf Lab Native American Wellness Easy Lift Doors Peerless Cleaners Summit Consulting Harold Stark Fitness Rachel Turnage…

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Blog

Reno Black Swan

MEMO TO: Investors, Clients & Friends FROM: Jeffrey Lowden, CEO RE: BLACK SWAN – RENO Real Estate & Timing There is a lot to share with you. My 23 years in business have only been in Real Estate, combined with Financial analysis and running an infomercial and direct marketing company. I came out of school in 1990 and never saw a down market until 2008 market collapse. Needless to say I learned A LOT as the CEO of my company, building owner and financing my own deals and assisting clients…

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Desk of Jeffrey Lowden

Reno 2018 mid year market report

From the desk of Jeffrey Lowden Question: Vacancy Rates are going down. Are we in a Landlord or Tenant driven market? Answer: Tenant Rent increases, Construction starts, Land price appreciation Most of the markets we are working in are seeing buildings starting to fill (tenant market transitioning to a Landlord market), construction costs up and Landlords driving lease rates up. Vacancy Rate (Sub Mkts) Lease / Rental Rate Sale Price Per Foot Reno Office 7% – 8% $1.20 – $1.75 $56 – $200 Reno Retail 6.5% – 9% $1.30 –…

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News Press and Media

WHY YOU NEED TO BE EXCLUSIVELY REPRESENTED

Broker: Jeffrey Lowden, MBA 3500 Lakeside Court #211 Reno, NV 89509 (775) 827-6700 PRESS RELEASE MEDIA ANNOUNCEMENT Reno, Nevada Sky West Brokerage, Inc. – WHY YOU NEED TO BE EXCLUSIVELY REPRESENTED Several prospects that need help often need help understanding why they need to sign an EXCLUSIVE AGREEMENT with a broker leasing or selling a building. This outline helps to explain why. Like most professions, we are a service-oriented business. As most real estate is commission only the ‘mentality’ for most people is I will get three brokers working for…

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Desk of Jeffrey Lowden

Getting into Real Estate

FROM THE DESK OF JEFFREY LOWDEN Here are some basic motivational tips to help you be successful as a new agent or commercial real estate broker. We have used these concepts for years and THEY ALL WORK. The key to making a lot of money in commercial real estate is CONSISTENT WORK EFFORT and ETHICS. 1. Referrals & Past Clients. You work hard to take care of clients. Whenever you complete a successful deal, ask everyone involved to refer you to others they know who might need help. This can…

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Blog Desk of Jeffrey Lowden

New Clients

From the Desk of Jeffrey Lowden To: Clients, Brokers, Tenants, & Friends Welcome to the “Biggest Little City in the World”, Reno, Nevada. This little city is not so little anymore, and we are now on the World Stage being recognized as one of the Fastest Growing Cities in the United States. Our little 500,000 population is supposed to DOUBLE in the coming 2 to 3 years, and we simply cannot handle the demand/growth. Over 150 new companies have relocated to the Northern Nevada region within the last 3 years,…

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Blog Desk of Jeffrey Lowden

Expert Contributor: Sky West on Local Land

I wanted to share with our readers the growth corridors and what is happening in the Reno/ Sparks land market. When I came back to Reno in 2009, there was about 35,000 acres of developable land left in the Valley. Today, that is far less as we have seen the “land grab” taking place from the Tesla Effect. Additionally, EDAWN and our economic development counsels (NNDA, NBC, WIN, etc.) have done a great job to promote our area and drive new businesses into town. West Reno – There are significant…

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Blog News Updates

Pyramid Hwy – The Last remaining Growth Corridor – Sparks, NV

Richard Moore – I wanted to share with our readers the growth corridors and what is happening in the RENO / SPARKS land market. When I came back to RENO in 2009, there was about 35,000 acres of developable land left in the Valley. Today, that is far less as we have seen the ‘land grab’ taking place from the ‘TESLA AFFECT”. Additionally, EDAWN and our economic development counsels (NNDA, NBC, WIN, Etc.) have done a great job to promote our area and drive new businesses into town. WEST RENO…

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Blog Desk of Jeffrey Lowden

Reno Real Estate Update from Jeffrey Lowden

From the Desk of Jeffrey Lowden: I wanted to share with our readers the growth corridors and what is happening in the RENO  / SPARKS land market. When I came back to RENO in 2009, there was about 35,000 acres of developable land left in the Valley.  Today, that is far less as we have seen the ‘land grab’ taking place from the ‘TESLA AFFECT”. Additionally, EDAWN and our economic development counsels (NNDA, NBC, WIN, Etc.) have done a great job to promote our area and drive new businesses into…

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News

EXCITING OFFICE OPPORTUNITY

FOR SALE – 8 CAP FOR LEASE – $1.00 PSF FOR SUB-LEASE – $.85 PSF This property was purchased by our client/developer and renovated.   They moved offices and there a beautiful office fully furnished at .85 PSF   Please know that we will complete leasing this property and it is for sale at an 8 cap for $1.9M   Small office space is a premium and moving well.  SO, expect this space to be full in the coming months.   Please contact Troy in my office for showings. Cordially,…

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Blog News Press and Media

New Company Moving Into Reno: Circle Of Safety Advisors

  Jeffrey Lowden, Broker for Sky West Brokerage represented the buyer The John Holman Family Trust to purchase 16520 Wedge Parkway, a commercial office building  located in Southwest Reno. “Jeffrey Lowden and Sky West will help our family to lease up the building. There is limited office space on this side of town and corridor says John Holman, founder of Circle of Safety Advisors. We moved back to Reno from Denver and are excited to grow our  company www.circleofsafetyadvisors.com in Northern Nevada.” For more information please visit www.SkyWestServices.com If you…

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Available For Lease Blog Listings

Sky West Solutions For Brokers, CEO’s, Professionals & Executives

Brokers, CEO’s, Professionals & Executives – We wanted to share this office space opportunity with you, in case you have a friend, client, out of town company looking for 1 office or virtual or startup company looking for space. Sky West is pleased to exclusively represent the following OFFICES for Lease.  This property is AAA OFFICE space with all the amenities.  S Meadows / S Reno with great access and services supporting the area.  Please contact us to arrange showings. Cordially,   Sky West Real Estate Services, Inc.                  www.SkyWestServices.com                  …

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Blog Desk of Jeffrey Lowden News Press and Media

Reno’s Housing Sky is Falling – What You Need To Know

From Mike Kazmierski at Reno Gazette Journal I hate to sound like Chicken Little, but this is not a new message.  In July of 2015, yes over 18 months ago, I wrote an article titled, “The Impending Housing Crisis”.  That article talked about the 50,000 new jobs we were expecting in the region and the 30,000 to 40,000 new housing units we would need to accommodate that growth.  According to the Bureau of Labor Statistics, we have added more than 20,000 new jobs since then, but added just 4,000 new…

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Available For Lease For Sale Listings

[For Lease & For Sale] Office Building – 5690 Riggins Court in Reno, NV

Office Space Available for Lease and/or Purchase: 5690 Riggins Ct Reno, NV 89502   Building size: 16,000 Sq Ft (8,000 upstairs/8,000 downstairs) 1st floor unit: 2,000 – 4,000 Sq Ft 2nd floor space: Has perimeter offices and large open area. Power: 4 separate power meters and 1 house meter (common area, outside lighting) Gas: 2 gas meters. No elevator and no provision for an elevator. 68 Parking Spaces. CAD or electronic drawings & Space showings available upon request. TI allowance to qualified Tenant -High traffic location facing Airway Drive near…

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Build To Suit For Sale Listings

[Build To Suit] C-Store – 55 Calle De La Plata in Sparks, NV

55 Calle De La Plata, Sparks, NV, 89441 Sky West is pleased to present this C-Store development site which currently is being  negotiated as a build to suit master lease with option to purchase opportunity. Permits were approved and pulled in 2006. They come with the purchase of the property and need to be updated but available upon request Investment Opportunity: The Sky West team has been working for the past 11 months with the Seller to find a buyer or investor partner to acquire 2.79 acres of land located in Sparks,…

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Desk of Jeffrey Lowden For Sale Listings News

[For Sale] 4 Units Mixed Use at 620 Ryland in Midtown Reno, NV

Mixed-Use Commercial Property FOR SALE: 620 Ryland Reno, NV 89502 (Mid-town. Adjacent to Juicy’s Hamburgers.) This Is A Mixed-Use Property,  With a 900 Sq Ft Commercial Building (In Front) And 3 Rental Units (In Back).  New sewer, New hot water heaters installed. The Commercial Building, which was constructed in 1961, also has a new roof. The double brick construction of The Rental Units adds to their low maintenance. The Rental Units have unfinished basements, which is not included in the square footage. -Year Built 1931. -Newly remodeled. -Stable long term…

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Available For Lease Listings

[For Lease] Office Suites – 840 I Street in Sparks, NV

 Office  (or Medical Suites)          FOR LEASE: 840 I Street Sparks, NV 89431 (Adjacent to Sparks Florist. SWC of Pyramid/I Street.) Available Suites: Unit 1 – 1,229 Sq Ft Unit 5 – 999 Sq Ft -One story brick building. -Utilities: Tenants pay electricity and gas. (*Landlord pays all other services.) -FREE rent and lease rate negotiable. -Ample parking available. -Easy to find, with a convenient location off Oddie Blvd and Pyramid Hwy.) -Close to the I-80 on ramp. -Move in ready. -TI build-out. -Located in the middle…

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Available For Lease Listings

[For Lease] Executive Suites – 1975 Selmi Drive in Reno, NV

OFFICE BUILDING FOR LEASE: 1975 Selmi Dr Reno, NV 89512 Upstairs (Divisible): 300-7,500 Sq Ft *Rentable – 286-4,183 Sq Ft Lower level: 1,657-4,364 Sq Ft (Available). *Ideal for Retail, Storage, Radio station, TV station, Day Care, Restaurant, Bar, or Dry Cleaners. Upper Floor—Executive Suites Available for Rent: Office Space 6 (600 Sq Ft) = $825/Month Office Space 7 (600 Sq Ft) = $825/Month Office Space 8 (545 Sq Ft) = $750/Month Office Space 9 (281 Sq Ft) = $380/Month Office Space 10 (286 Sq Ft) = $386/Month Office Space 11…

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Desk of Jeffrey Lowden News

[For Lease] 675 Sierra Rose Drive – Executive Suites / Office Spaces Available

QUAIL EXECUTIVE SUITES: 675 Sierra Rose Drive Reno, NV 89511 (Behind Lowe’s – On Neil Road/McCarran) Full service office space: -Individual suites: 250 Sq. Ft (and up) available. -Furnished. (Upon request) -Shared conference & kitchen area. -Fax/Copier machines included. (Small fee) -Park/recreational setting, putting green turf back yard. -Security monitoring 24/7. -Full time maintenance & secretarial services available. -FULL SERVICE, Class A, Gross Lease, including power & janitorial services.   Please call Jeffrey Lowden for lease/rate information and schedule your tour today!   “Working harder for you”. Jeffrey Lowden, Broker…

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Desk of Jeffrey Lowden News

CA, CONSTRUCTON JOBS – From the desk of: Jeffrey Lowden

  NBC PROGRESS NEWSLETTER RENO/CARSON AREA   STAY CONNECTED   In 12-Month Period, State Adds 30,900 Construction Jobs        published on-line by the San Diego Business Journal, October 23, 2016. Author: Sarah De Crescenzo   In 12-Month Period, State Adds 30,900 Construction Jobs  California led the way for U.S. states in adding construction jobs in the 12 months that ended in September, according to analysis of Labor Department data released by the Associated General Contractors of America. During that time California added 30,900 construction jobs, a year-over-year increase of 4.2 percent, the…

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Desk of Jeffrey Lowden News

Reno Metro Lease and Sales Report – 4th Quarter 2016

MEMO TO: Investors, Clients & Friends FROM: Jeffrey Lowden, CEO RE: Lease & Sales pricing – Reno Metro – BLACK SWAN Dated: Q’4 2016 Rental rates, lease rent increases or decreases and sale prices per sq foot in Reno and Metro area as we move into the 4th quarter of 2016: Retail – Asking Lease Rents $16 annual or $1.33 PSF – Flat or starting to trend down – 2% increase over a year ago. Retail – Asking Sales Prices PSF $171 a foot. This is a State stat trending…

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Desk of Jeffrey Lowden Success Stories

Success Stories – 3 Flowery Avenue, Dayton

Sale Finalized 2015 Commercial Site: 3 Flowery Avenue Dayton, Nevada 89403 7.5 Acre Development or Build to Suit opportunity. Ownership will develop the site for a user or the site can be purchased. Site will hold approximately 75,000 S.F. of building (s). Great for Industrial/Flex/Retail site. Freeway Frontage and only 10 Minutes to Carson. Great access & visibility. Traffic counts over 25,000 cars per day. Population approximately 4,500. There is quite a bit of small development taking place in the Dayton area including a new bank going up, a new Dollar…

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