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Sparks strip center sold

NNBW Staff

A Reno-based limited partnership sold Baring West Center, a 15,376- square-foot retail strip center in Sparks.

The property sold for $1.8 million, said Roxanne Stevenson, vice president of Grubb & Ellis Nevada Commercial Group.

Her firm represented the seller, Baring West Ltd.

The purchaser is Denny Welsand, a real estate investor in Reno.

The center, which is 100 percent leased, is just east of McCarran Boulevard on Baring Boulevard.

Stevenson said the occupancy of the center is a positive reflection on the business climate in Sparks.

She said the transaction also shows that the city continues to be an attractive spot for real estate investors.