Building for a business
Roger Kadz, business development officer with Nevada State Development Corporation, and commercial real estate specialist Bram Buckley will serve as the featured speakers at the September installment of the Great Basin Federal Credit Union “Let’s Talk Business” seminar series.
The small business clinic, titled “Buying a Building for Your Business,” is scheduled for 5:30 p.m. to 7 p.m. on Tuesday, Sept. 22, at the Great Basin FCU main branch, 9770 S. Virginia Street in Reno.
“At Nevada State Development Corporation, our mission is to help generate job creation and economic development throughout the state,” said Kadz. “We have assisted many business owners in achieving their goal of purchasing their business headquarters, which can be a major factor in the success of a business.”
Topics to be addressed at the seminar include finding available properties on the market; the latest trends in the commercial property market; and why now is the ideal time for business owners to purchase their business property.
Kadz will also discuss the benefits of the U.S. Small Business Administration 504 loan program, the highlights of the program, and what business owners can expect as they embark on the process of securing an SBA 504 loan.
Kadz, who joined Nevada State Development Corporation in 2013, had previously managed real estate and construction lending for several banks in northern Nevada since 1995, with the largest construction loan he managed being $45 million for a condominium project. He also served as a commercial real estate relationship officer and team leader with First Interstate Bank of Nevada in Las Vegas, where he underwrote and managed financing for such prominent projects as Del Webb’s Sun City Summerlin and the Spanish Trail Golf Course Community.
Buckley, a member of the office division of Avison Young, has been involved with commercial real estate since 2006, specializing in office sales and leasing in downtown Reno. He leads Avison Young’s consulting and project management services, including strategy, financial modeling, owner advocacy, tenant improvements, lease administration and valuation.
Refreshments will be provided at the seminar. To RSVP online, please visit http://www.greatbasin.org/events/buying-building-business.
Industrial brokers: With preleasing at all-time highs, finding adequate space will be a major challenge in 2021 across Northern Nevada
With industrial real estate vacancy dipping under 5% in Greater Reno-Sparks at the end of 2020, leasing space in the new year will be similar to buying a home in Northern Nevada — expect multiple offers from tenants competing for the same space, industrial brokers say.