Sky West Real Estate Services, Inc. is based in Reno. We chose to move back to RENO in 2009 after the crash to position for the CA departure that is taking place. CA will always be the best place in the world to live but the business climate is becoming much more difficult to navigate, unless you are doing sizable projects and can source $100M or larger master plan projects.
Sky West has been very active with business development managers who need our assistance, handling the clients who need our help constructing buildings and assisting companies with their move to town.
Why Reno, NV Is The Prime Place To Develop Properties
We maintain an office and business in CA but Nevada is becoming the #1 real estate climate (in our opinion). RENO is set up for what we have termed ‘A BLACK SWAN” which is a very unique event that comes around once in a lifetime:
⦁ Reno needs to build 6,000 homes a year in North NV and we are currently building 2,000.
⦁ Reno is currently #4 in the Nation for Population growth according to Reno Gazette Journal ,RGJ.
⦁ Reno is #2 in the Nation for people moving to a new area according to , which is a subsidiary of the Chicago Tribune RGJ.
⦁ Reno is in the TOP 10 for 1st Time home buyers according to Money Source.
⦁ Reno is #9 in the Nation's 100 best places to live according to Livability.com.
⦁ Reno is #5 in the Nation's TOP SPOTS to Vacation according to The Weather Channel.
⦁ Tahoe #1 Lake in America according to USA Today.
⦁ Reno is TOP 10 Ski Towns in World according to National Geographic.
Additional Reasons Reno Is Great For Real Estate Development
⦁ We have seen Land appreciate 40% in the last 18 months.
⦁ Retail & Office properties in the great Reno area are under 9% vacancy, Industrial is under 4% vacancy, Apartments under 2.5% vacancy.
⦁ Harrah’s Ranch – Purchase 137 acres to master plan into homes. Sold to master planner who is sub dividing out to sell builder packages. Purchased for $42M.
⦁ 500 Lots purchased in Verdi NV for development and home building. Last remaining commercial and residential lots on West side of Reno.
⦁ 107,000 acre Storey County, which is the largest Industrial Park in the world, Tahoe-Reno Industrial Center. "The Center is being developed by my buddies Lance Gillman and Roger Norman , setting RENO on the world stage with Tesla & Switch and others ." - Jeffrey Lowden
⦁ 25 to 30 corporations have committed to our region over the past 5 years.
Welcome to the Tahoe Reno Industrial Center (TRI), the largest industrial park in the world. Currently we have over 15,000 acres pre-zoned, fully entitled, and in active development. Sites are still available but are going fast.
Not only is Tesla Gigafactory 1 located here, but many of the foremost tech companies in the world, such as Blockchains, Google, Jet.com, and Switch have recognized the unique location, development and business benefits of this park.
Here are our competitive advantages that no one in the United States can match: