Shopping center properties in Reno bring $10 million
Two Reno shopping centers have been
sold for a combined total of more than $10
Grubb & Ellis Nevada Commercial
Group, which represented parties involved
in the transactions, said the sales included:
* The North Reno Plaza Shopping
Center at Oddie and Silverada
Boulevards. The 129,900-square-foot
center, anchored by a Sak N Save Food
Store, sold for $7.2 million. Grubb &
Ellis represented the seller, the Oddie
Shopping Center Limited Partnership.
Washoe County records show the buyer
was NNN North Reno Plaza LLC.
* The Pioneer Plaza Shopping Center
at the northeast corner of Kietzke Drive
and East Moana. The 35,000-square-foot
center sold for $3.5 million. Grubb &
Ellis represented the buyer, the Lebovitz
Family Trust. County records show the
seller was the Pioneer Plaza Group.
Concerned that a spate of COVID-19-related lawsuits could bankrupt businesses, members of the Las Vegas Metro Chamber of Commerce implored the state’s congressional delegation during the chamber’s annual D.C. retreat to pass a federal liability protection measure.