Smith
Smith, NV · Real Estate
Reno-Gazette Journal
Costco just one option for new retail center planned in south Reno | Exclusive
Plans for a new Costco Wholesale store in south Reno are not dead, but they are fluid as a California-based real estate firm looks to develop a major retail center in the area. Lewis Retail Centers, with more than 50 properties and projects across California and Nevada, continues to be interested in developing a large swath of land across from Shayden Summit mall, a company representative told the Reno Gazette Journal. The planned retail center, called Steamboat Creek Commons, features 211,000 square feet of retail space. Planning is still in the early stages and Costco is just one potential piece of a larger puzzle the company is looking at. A preliminary map for the retail center includes space for one large anchor tenant on the west side of the development next to South Virginia Street. It will also include eight smaller spaces plus two medium-size buildings immediately north of State Route 341, known as Geiger Grade. “Lewis Retail Centers has been in discussions with several nationally recognized retailers, including Costco, regarding a potential future retail development at the northeast corner of South Virginia Street … and Geiger Grade,” said Gigi Chisel, vice president of Northern Nevada development for Lewis Retail
Reno-Gazette Journal
Peg’s Glorified Ham n Eggs closes longtime downtown Reno location
A longtime breakfast institution in downtown Reno has fried its last omelet. Peg’s Glorified Ham n Eggs shut its original spot on 420 S. Sierra St., an employee at its Mae Anne Avenue location confirmed. “(It closed) last week,” the employee said. All other locations in the area remain open, according to the employee. The closure was also confirmed by commercial real estate firm Basin Street Properties, whose portfolio includes the 50 West Liberty building that houses Peg’s Glorified Ham n Eggs downtown. “We appreciate their many successful years at the property,” said Mike Williams, vice president of marketing for Basin Street Properties. “We’re not in a position to discuss confidential lease or business matters.” The Reno Gazette Journal has also reached out to owner Jodi Lee for comment. First opened in June 1999, Peg’s Glorified Ham n Eggs was the brainchild of husband and wife Fred “Pops” Lee and JoAnna “Peg” Lee. The Lees operated restaurants in Oregon for more than three decades before moving to Reno to retire. Five years into retirement, the cooking bug bit them once more. Originally intended as a small restaurant for the Lees to run, Peg’s Glorified Ham n Eggs eventually grew to
nnbw.com
Apartment projects move forward amid slowdown
Northern Nevada’s multifamily market returned to a more normalized development pipeline in 2026 with delivery of new doors falling sharply, but a handful of developers are still moving forward with new apartment projects. Park Real Estate Partners of New York is slated to begin leasing at the 65-unit The...
nnbw.com
ACP acquires Legends at Sparks Marina
Alturas Capital Partners, an Idaho-based real estate investment and operating company, announces the acquisition of Legends at Sparks Marina. The transaction closed on July 23 and will be added to the Alturas Real Estate Fund. Legends at Sparks Marina features a diverse mix of national and regional tenants, including H&M, Nike, Sephora, Five Below, Yard House, Galaxy Theatres, Burlington, and Cavender’s.
SFGate
Tahoe Daily Tribune
Incline Village REALTORS® leverages Fair Housing Grant to advance education, training
INCLINE VILLAGE, Nev. – The association of Incline Village REALTORS® (IVR) received a $3,000 Fair Housing Grant to support national speaker Nate Johnson Overcoming Barriers to Fair Housing, at the Chateau in Incline Village Lake Tahoe, reinforcing its commitment to fair housing education, professional responsibility and housing access.
nnbw.com
Montane Building Group completes West Coast Boats tenant improvement
Montane Building Group announces the completion of the West Coast Boats Tenant Improvement project, located at 8700 Boomtown Garson Road. Completed in March, the project transformed a vacant warehouse shell into a functional and professional commercial space designed to support future business operations and growth of West Coast Boats. This...
Tahoe Daily Tribune
Woman-owned Affordable Construction Services Tahoe to pass legacy to next generation
SOUTH LAKE TAHOE, Calif. – Affordable Construction Services Tahoe, owned by Beth Lee, has proudly served the Lake Tahoe community for over 25 years, and while she has no plans of leaving any time soon, two of her children have been learning the ins and outs of the business to keep her legacy going.
shoppingcenterbusiness.com
Alturas Capital Acquires 421,000-Square-Foot Lifestyle Component of Legends at Sparks Marina in Nevada
Sparks, Nev. — Idaho-based Alturas Capital Partners (ACP) has acquired the 421,000-square-foot lifestyle component of Legends at Sparks Marina, a 1.2 million-square-foot mixed-use project located in Sparks, approximately four miles east of downtown Reno. The property was purchased for more than $100 million, as reported by the Reno Gazette Journal.
2news.com
Report shows limited apartment availability in Reno-Sparks, increasing rent
There’s not a lot of apartments to go around in northern Nevada, and rents are climbing because of it. Those are just a couple of the findings from a recent report published by local commercial real estate agency Marcus & Millichap. "Over the last five years, we've seen roughly...
nnbw.com
Lewis Apartment Communities expands Northern Nevada presence with new development
Lewis Apartment Communities, a family-owned leader in the development and management of residential communities, has broken ground on a new multifamily development in Sparks with a mix of both traditional apartments and townhomes. Santa Barbara at Kiley Ranch is the company’s sixth rental community in the region and the second community in the highly desirable Kiley Ranch master-planned neighborhood.
nevadabusiness.com
Nevada Commercial Services Announces the Promotion of Jennifer Stein to Assistant Director of Commercial Management
Reno, Nevada — Nevada Commercial Services is proud to announce the promotion of Jennifer Stein to the role of Assistant Director of Commercial Management. Jennifer’s promotion reflects her exceptional dedication, leadership, and unwavering commitment to excellence. Throughout her tenure with Nevada Commercial Services, she has consistently demonstrated the expertise, professionalism, and collaborative spirit that have helped drive success for both our clients and our organization. Her ability to lead with integrity, build strong relationships, and deliver outstanding results has made her an invaluable member of our team.
nnbw.com
Panattoni Development announces lease openings at Red Rock Commerce Center
Panattoni Development Co., announced four industrial buildings with build-to-suit or spec for lease, located off North Virginia Street and Red Rock Road. The Red Rock Commerce Center buildings range from 78,000 square feet to over 1 million square feet, offering a range of space desired on the property featuring ESFR sprinkler systems, LED lighting systems, and ample space for car and trailer parking across all buildings. Site plans can be modified to accommodate specific user needs including yard space if desired. This industrial center is ideally located in North Valleys with easy access to U.S. 395, just 13.2 miles from Reno Tahoe International Airport.
2news.com
Carson City property tax bills are headed to mailboxes
Carson City property owners can expect to receive their real property tax bills for the 2026-2027 tax year soon, with the new tax year running from Wednesday, July 1, 2026, through Wednesday, June 30, 2027. The Carson City Treasurer’s Office said property owners should begin receiving their bills in the...
omnihomeideas.com
Is Lake Tahoe Real Estate a Better Investment Than Mountain Towns?
Every mountain buyer eventually asks the same question. Aspen, Steamboat, Park City, Lake Tahoe. They all promise fresh powder, big views, and a strong resale story, but they do not all deliver the same return on your money. Lake Tahoe real estate against the biggest mountain resort markets on the...
Reno-Gazette Journal
Large industrial complex gets ready to break ground in Reno
A developer announced lease openings for a new project as it prepares to break ground on a large industrial complex in Reno. Development is gearing up for the Red Rock Commerce Center in Reno’s North Valleys, according to Panattoni Development Co. The industrial complex includes four new buildings, which will range from 78,000 square feet to more than 1,000,000 square feet. The industrial spaces will be available either as “build-to-suit” or “spec for lease.” Build-to-suit refers to a property that is specifically tailored or customized to the needs of the company that will be using it. “Spec for lease” is a speculative build that is constructed based on expected demand without a specific customer in mind. The industrial complex is located at North Virginia Street and Red Rock Road just off U.S. Highway 395, about 13 miles from Reno-Tahoe International Airport. The site is the only currently planned “Class A” warehousing industrial development within city limits with a million square feet of space, according to Panattoni. Class A typically refers to the newest real estate space with state-of-the-art technologies and features. Total space at the industrial park is listed at just under 2 million square feet, according to a listing
westernagnetwork.com
Nevada Sheep Producer Sees Strong Markets and Growing Opportunity Beyond the Ranch
Record lamb prices, stronger wool markets, and expanding global demand have made 2026 one of the best years in recent memory for sheep producers, according to Winnemucca, Nevada, rancher Cole Estill. During the Western Video Market July Sale in Reno, Estill said the market has exceeded expectations. "It went great,"...
Sierra Sun
The formerly known ‘Quiet Waters’ estate on Lakeshore Boulevard isn’t so quiet
When walking down Lakeshore Boulevard in Incline Village during the summer months, it’s hard to miss the construction activity going in and out of 885/887 Lakeshore property. Formerly known as the Quiet Waters two-parcel estate, it’s no secret that Lyndon Rive—Elon Musk’s cousin—is building an underwater hockey pool there....