Nick Knecht

Industrial RE broker in Reno, NV

[Nick Knecht @nickknecht]

DCG Industrial has been featured as a Q1 2026 Costar Power Broker Award winner. We are grateful for the opportunity to serve our clients!

[Nick Knecht @nickknecht]

Now Complete: Spanish Springs, NV Newest Flex Industrial Building

200 Academy Way is officially delivered and ready for immediate occupancy. This brand-new facility offers space ranging from 12,940 to 25,880 SF, includes yard space, and features a 740 SF spec office. Available for sale or lease.

[Nick Knecht @nickknecht]

Institutional big-box transactions in Reno-Sparks saw a strong rebound in 2024, with nine sales accounting for 63% of the year’s total transaction volume, alone surpassing the entirety of 2023’s industrial sales.

To cap off 2024, DCG Industrial helped facilitate the sale of 55 Vista Blvd on behalf of the seller, which was acquired by @caprockpartners.

55 Vista is a 117,000 SF single tenant building in the Sparks submarket. CapRock expands their Northern Nevada portfolio to over 1 million SF, and 5.37M SF statewide.

[CapRock Partners @caprockpartners]

Caprock Partners Acquires 117,000-Square-Foot Industrial Building In Sparks, Nev. #caprockpartners #industrialrealestate #cre https://t.co/4ZwiBXVDPp

[Nick Knecht @nickknecht]

The appetite for low-coverage industrial sites remains strong, and we were pleased to secure a strong tenant for our landlord client within just a couple weeks of bringing this 3.7 acre property to market.

The tenant, POKRAJAC CORPORATION, is an established general engineering contractor in the region, specializing in excavation, grading, paving, public works, and utilities. The company will use the property as a new satellite facility to support its Reno-Sparks operations.

[Nick Knecht @nickknecht]

Reno-Sparks Industrial Activity at End of Q4 '24
Gross Absorption: 684,695 SF
Newly Available: 1,444,836 SF
Net Absorption: (760,141)
Direct Vacancy Rate: 10.77%

[Nick Knecht @nickknecht]

2024 posted a significant decline in lease transaction volume in Reno-Sparks, down 26% year-over-year with 3 consecutive quarters of less than 1 million sq. ft. of gross absorption. The 5k-30k SF size range captured 65% of the lease transactions, showing stability among smaller businesses.

[Nick Knecht @nickknecht]

Industrial vacancy in Reno-Sparks increased from 7.1% to 10.7% during 2024 with 4.39M sq. ft. of negative net absorption over the course of the year. The North Valleys and I-80 East Corridor remain the leading submarkets for availability with 6.8 million SF of direct availability combined, accounting for 57% of total inventory.

[Nick Knecht @nickknecht]

It was a privilege to represent Kerak Shriners in the sale of their building. The 14,000-square-foot industrial building had been owned and occupied by Kerak Shriners, the Reno chapter of Shriners International, since 1980. The Shriners will be relocating within Reno to optimize their footprint while utilizing the proceeds of the sale to further invest in their mission of providing medical aid to children in need.

Thank you to Bryan Gardner and John Hart for representing the buyer, Vasko Electric, who will be making renovations to the building which will serve as Vasko's new Reno headquarters.

[Nick Knecht @nickknecht]

@TopherNOW Tenants

[Nick Knecht @nickknecht]

@benrgallant @rjack1017 Thanks Ben! We spoke to Russel’s team last year about this. The renovations are looking good! Would love to bring in a tenant.

[Nick Knecht @nickknecht]

@TheRealEstateG6 Deal

[Nick Knecht @nickknecht]

@moseskagan @excel_ranger @moseskagan you use ConvertKit for your RC and Kagansblog email distributions?

[Nick Knecht @nickknecht]

@W6THO @OsoNegroDave @ChrisRamsey60 A lot of brokers service 1k SF industrial requirements all day long.

[Nick Knecht @nickknecht]

@OsoNegroDave @W6THO @ChrisRamsey60 Priced competitively at $1.17/SF. Comps support $1.25-$1.50 for this. In an outer submarket, so I’d lean towards lower end of range.
Self marketing on CL doesn’t give it enough exposure. Brokers wont take it seriously enough to put in front of clients, if they can even find it.

[Nick Knecht @nickknecht]

@ericwilsonRE Congrats eric!! 🙌

[Nick Knecht @nickknecht]

@scovingtoniii Nailed it

[Nick Knecht @nickknecht]

Leased up to a 3PL, expanding within our market.

[Nick Knecht @nickknecht]

GameStop signed a build-to-suit to lease last year on a new 531k SF building. The building immediately went up for sublease upon completion last quarter. Not really the kind of story I like to hear, but interesting to see. I have a feeling it will get absorbed quickly.

[Nick Knecht @nickknecht]

@capratecraig Whoa new year new you!

[Nick Knecht @nickknecht]

@realEstateTrent @RampCapitalLLC

[Nick Knecht @nickknecht]

Hey thanks @tradedla
This one went into escrow at the start of rate hike season and was a bit of a rollercoaster for the team. We were stoked to get it done and achieve a good outcome for the seller.

[Traded: Los Angeles @tradedla]

SALE
IMAGE: Nick Knecht, Joel Fountain, Baker Krukow & Tom Fennell
DATE: 11/22/2022
ADDRESS: 580 Mallory Way
MARKET: Carson City, Nevada
ASSET TYPE: Industrial

BUYER: Greenlaw Partners
SELLER: Sierra Nevada Media Group
BR...

View Insta : https://t.co/lkGKb1dVq0