Gaston & Wilkerson additions
Gaston & Wilkerson Management Group of Reno acquired four new properties in the area, including the 590 Lakeshore building, a receivership account in Incline Village, and the Sydney Drive building in Sparks. The Atrium building was also added to their commercial division as well as Sierra Townhomes, a multi-family property. Both are located in Reno.
Don Wilkerson, president of Gaston and Wilkerson Management Group, was appointed by the courts as receiver of the 590 Lakeshore property.
Amid slow vaccine rollout, will retail real estate in Reno-Sparks see return to ‘normal’ by the summer?
Sales of retail properties across Northern Nevada lagged after the initial wave of state-mandated closures last spring since it was impossible to underwrite the rental income generated from cash-strapped tenants. Investors, however, have cautiously been dipping their toes back into the pond.
