Fred Miller, SIOR, with Fennell & Associates, a Reno, Nevada based Commercial Real Estate firm, has completed the sale of 1.8 acres of vacant land located in North Reno just off North Hills Boulevard.

Ron Boles, CCIM, with Fennell & Associates, commercial real estate solutions, has represented Clarkson Plaza, LLC in the sale of 3004 Kietzke Lane, a 25,000 square foot shopping center anchored by Big-O Tires.  The purchase price of $3,975,000 was obtained despite the last minute pull out of the buyer’s lender.  Seller financing was the key to making this transaction work in today’s market.

Aaron Smith, a Commercial Agent with Fennell & Associates, commercial real estate solutions in Reno, Nevada, has successfully represented Swoon in leasing their new store in the Plumbgate Shopping Center, 530 W. Plumb Lane, Suite E.  Swoon is a fresh take on the bridal salon for Reno’s modern and sophisticated brides.  Swoon features designer gowns from New York, San Francisco, and Canada.  It is the creation of Reno native and San Francisco bridal veteran Michelle Depoali.  Swoon will be opening on September 23, 2008.

Fred Miller, SIOR and Cathy Shanks, CPM successfully represented a digital printing firm from Rochester, New York in locating and leasing a facility in the Reno/Sparks market.  The printing company will occupy 32,000 square feet to service west coast customers.

Ron Boles of Fennell & Associates, commercial real estate solutions in Reno, Nevada has represented Baring Village LLC in the purchase of 720 Baring Village, a 16,000 square foot shopping center for $2,650,000.  The transaction structured by Ron included a 1031 trade of a 50% interest in an office building with a lease back as a down payment.  The financing by Bank of America included tenant improvements for vacant space in the center that the new owner will be using.