Case Study

Representation: Dual

The Sticks @ MidTown is a +/- 22,420 SF multi-tenant NNN retail center located in the heart of the MidTown Reno district. The center is in a high-traffic area with a waiting list of interested tenants.

The CR Group has retained the leasing at this property for over 5 years, maintaining a low vacancy rate. The team represented both parties in this off-market sale transaction, with a record setting cap rate and price per square foot for the submarket at the time of sale while assisting the buyer through multiple 1031 exchanges.