1101 NORTH VIRGINIA

101 NORTH VIRGINIAR E N O , N E V A D A

101 NORTH VIRGINIA

D E L I V E R Y D A T E : A U G U S T 2 0 2 0

101 North Virginia is located on Reno’s

Startup Row in the heart of downtown,

walking distance from numerous

restaurants, bars, and hotels. Midtown,

The River Walk, Greater Nevada Field

and the Freight House district are

within blocks of the building.

2101 NORTH VIRGINIA

3101 NORTH VIRGINIA

1 0 1 N O R T H V I R G I N I A

DOWNTOWN CLASS A OFFICE & RETAIL• 97,000 GSF Building

• KnowledgeeconomyClassAOffice+GroundFloorRetail

• Lease Rate Negotiable

• 10,000 SF – 64,000 SF Available

• Complete remodel of all interior and exterior areas including all new

building system

• Highceilings,largeopenfloorplates,aroofdeckandanelevated

podium in the back for an additional outdoor recreation area

• Floor to ceiling windows

• Renovations include new exterior façade with glass, new interiors

including utilities, bathrooms & lobby

• 8± parking spaces on site

• 320± parking spaces off site

• 20+restaurantsandcaféswithina3blockradius

• Has panoramic views of the Sierra Mountains, Truckee river & downtown

4101 NORTH VIRGINIA

CLASS A OFFICE MODERN RENOVATIONS

Existing Office Building

• 7storyofficebuilding

• High ceilings

• Openfloorplates

New Interiors

• Complete redesign

of interiors, including

new building systems,

a modern lobby and

creativeofficeinteriors

Retail

• Excellent location for

groundfloorretail

• 18’ ceilings

New Façade

• Replace existing exterior

façade with glass

1 0 1 N O R T H V I R G I N I A

5101 NORTH VIRGINIA

CREATIVE CLASS A

OFFICE SPACE

6101 NORTH VIRGINIA

Truckee River2nd St

Mill StLake St

Center StVirg

inia StSierra St

Califo

rnia

Ave

Reno City Hall

Greater Nevada Field

Reno Events Center

St. Mary's Hospital

Harrah's

Eldorado

Circus Circus

Silver Legacy

Sands Regency

Montage

Wingfield Park

Discovery Museum

Reno Justice Court

Cinemark Movie Theater

Wild River Grill

Sierra Tap House

Arlington Towers

Campo, Old BridgePub & Reef Sushi

Second JudicialDistrict Court

Historic Courthouse

Federal Building& U.S. Courthouse

City Plaza

Old Post O�ce

Renaissance Hotel

Pioneer Performing Arts

NationalBowling Stadium

National Automobile Museum

University of Nevada Reno

Washoe County Library

Nevada Museum of Art

Washoe Public House

Old GraniteStreet Eatery

101 NORTH VIRGINIA

DOWNTOWN RENO

7101 NORTH VIRGINIA

FLOOR PLATES

FLOOR 1Retail

FLOOR 212,000 SF Available

RETAIL

KITCHEN

INDOOR/OUTDOOR RESTAURANT

8101 NORTH VIRGINIA

FLOOR 312,000 SF

FLOOR 410,000 SF

FLOOR PLATES

9101 NORTH VIRGINIA

FLOORS 5-710,000 SF

ROOF TOP

FLOOR PLATES

10101 NORTH VIRGINIA

15 Minutes tothe California Border

30 Minutes toTahoe

Universityof Nevada

10 Minutes toTahoe Reno Industrial Center

580INTERSTATE

80INTERSTATE

80INTERSTATE

395

Truckee River

Truckee River

SPARKS

RENO

RENO SPARKS MAP

101 NORTH VIRGINIA

WHY RENO?

“In February of 2017, the Las Vegas-based Switch

has opened the largest data center in the world,

next to Tesla Inc.’s battery factory in northern

Nevada’s Tahoe Reno Industrial Center. Covering

1.3millionsquarefeet,thefacilityfulfillsthevisionofSwitch

founder and CEO Rob Roy to create the largest data center ecosystem in the world for our customers’ mission-critical workloads.”Adam Kramer, EVP Of Strategy, SWITCH

Regarding Tesla’s decision to build a Gigafactory

near Reno: “This is not just about incentives.

[Nevada is a] really get things done state. That

was a really important part of the decision.”

Elon Musk, CEO, Tesla Motors

“Reno plays an incredibly important role in

the products and services that we provide our

customers worldwide. Without the data center here,

none of this would be possible. We’ve invested $1.6

billion in the region today and over the course of the next six

years, we intend to invest an additional $1 billion.”Tim Cook, Tech Company CEO

Reno moved up 26 spots to #11 on the Milken Institute’s annual list of “best- performing cities.”

Venture Beat - Jan. 2019

Nevada tops nation for inbound movers in 2018Reno Gazzette Journal - Jan. 2019

Nevada ranked #3 for year-over-year personal income growth in the U.S.

CarsonNow.org - Jan. 2019

11101 NORTH VIRGINIA

Reno ranked among the “15 Prime Real Estate Locations Investors Need To Check

Out” by Forbes for 2019Forbes.com - Jan. 2019

Reno, Nevada #1 in job growth in 2018 Bureau of Labor Statistics – Jan. 2019

Reno the #2 market for companies relocating from California after Austin Texas

Bureau of Labor Statistics – Jan. 2019

12101 NORTH VIRGINIA

R E C E N T L Y R E L O C A T E D C O M P A N I E S ( 2 0 1 5 - 2 0 1 8 )

TESLATesla/Panasonic selected

Northern Nevada as their

location for the world’s largest

Gigafactory focusing on

manufacturing of cutting edge

technologically advanced

energy storage.

SWITCHSwitch is the world’s largest

data center at 1.2 million

square feet. Switch has

completed their construction

for a total of seven buildings

and 6.49 million square feet

of high tech data campus on

1,000 acres.

BLOCKCHAINS, LLCIn January of 2018, Blockchains,

LLC – a company focused on

underling technology behind

cryptocurrencies such as

Bitcoin-purchased 67,125 total

acres east of Reno next to

Tesla, Apple & Google with

plans to build a “smart city”

built on blockchain technology.

FIGURE TECHNOLOGIESAfinancialtechnology

company leveraging

blockchain, AI and analytics to

deliver products to improve

thefinanciallivesoftheir

customers, is expanding

operations to Reno, Nevada.

The company plans to hire

240 employees over the next

several years.

WHO HAS MADE THE MOVE

13101 NORTH VIRGINIA

TOP REASONS TO MOVE TO RENO

FAVORABLE TAX STRUCTURE

INFLUX OF NEW BUSINESSES:

TESLA, SWITCH

IMPRESSIVE JOB & POPULATION GROWTH

LOW COST OF BUSINESS

PROXIMITY TO MAJOR MARKETS

6TH IN U.S. FOR JOB GROWTH BETWEEN 2017-2019

Source: Economy.com

Source: CBRE Research

RENO’S MOSTPROMINENT EMPLOYERS

• Amazon

• Apple

• Dupont

• Google

• International Game Technology (IGT)

• Intuit

• Microsoft

• NV Energy

• Panasonic

• Patagonia

• Renown Health

• Sierra Nevada Corporation

• Switch

• Tesla

• University of Nevada, Reno

RANKED STATES FOR BUSINESSTOP STATE FOR ECONOMIC GROWTH POTENTIALBusiness Facilities’ Magazine – 14th Annual State Rankings Report

TOP 10

14101 NORTH VIRGINIA

Source:Axiometrics;Redfin

R E N O V S O T H E R M A J O R C I T I E S

RENO PORTLAND SAN FRANCISCO SEATTLE SACRAMENTO DENVER SALT LAKE CITY

MEDIAN Home Price $359,000 $415,000 $1,350,000 $685,000 $388,000 $409,900 $355,000

Median Rent $1,170 $1,350 $3,325 $1,764 $1,406 $1,602 $1,166

Sales Tax 8.265% 0.00% 8.75% 9.60% 8.50% 8.31% 7.75%

Income Tax 0.00% 9.00% 9.30% 0.00% 9.30% 4.63% 5.00%

5,935 SINGLE-FAMILY HOME SALES FOR 2018 RENO

HOUSING MARKET

Source: MLS Reports

COST OF LIVING

15101 NORTH VIRGINIA

PARKS3,819 Acres

30 MINSTO TRUCKEE

1 HRTO SOUTH LAKE TAHOE

3 HRSTO THE BAY AREA

OUR QUALITY OF LIFE

C U L T U R EO U T D O O R W E A T H E R

C O M M U T E

15MINAverage

Commute

6th BEST SMALL CITY in AmericaSource: Reno Gazette Journal - rgj.com

Burning Man

Hot August Nights

Reno Philharmonic & Pops Orchestra

Nevada Museum of Art

Air Races

Balloon Races

Artown

3,819 Acres of Parks

900 Hiking Trails

50 Championship Golf

Courses

TOP 50 Bike Friendly City

Days ofSunshine

BIKE FRIENDLY

Top 50

300

RENO DRIVE TIMES

16101 NORTH VIRGINIA

EDUCATION & INNOVATIONUNR21,000+Students1,049 Academic faculty19:1 Student to Faculty Ratio

Reno has an existing tech company presence, a well-

educated workforce, and access to numerous outdoor

activities. Reno also has a large state university next to

downtown. Uniquely, though, Reno has proximity to Silicon

Valley, a relatively low cost of living and is located in a 0%

tax state with low property taxes.

• Among the nation’s fastest growing universities, UNR

is designated a Carnegie R1 institutions, placing it

among 130 doctoral universities with the highest levels

of research activities

• UNR student body has increased in 10 years from

17,000 to 22,000, an increase of 30%

• UNR’s massive red brick and green lawns campus is

mere blocks from downtown Reno

The University of Nevada Reno Campus is 290 acres with

180 buildings, 60 research facilities, 12 museums and

galleries and 11 schools and colleges. During the past

decade, we've added more than half a billion dollars in

new, state-of-the-art facilities – and there's more to come.

Source unr.edu

17101 NORTH VIRGINIA

SVE Development Partners is a real estate

privateequityfirmdedicatedtoinvestingin

federally designated Opportunity Zones and

ledbyahighlyexperiencedteamoffinancial

and development executives, including strong

local ties in northern Nevada.

PROJECT PARTNERS

SVE has put together a team

of highly experienced local

firmsthatwillworkwithSVE

on the design, engineering

and development of 101

North Virginia into the

premier Class A knowledge

economyofficebuildingin

Reno.

SMCGeneral contractor and construction manager that has led numerous highprofileprojectsintheTahoe-Renoregionoverthepast20+yearsinsectorsrangingfromgaming&hospitality,hotel&timeshare,office& government and restaurant & retail. Notable projects include the Edgewood Tahoe Resort Lodge, the RSVA Convention Center, the Arrowcreek Country Club remodel, and the Peppermill Casino Hotel Tower in Reno.

KRI Architecture & DesignKRIisaReno-basedcontemporaryarchitecturefirmthatisinvolvedin several current projects in northern Nevada, including the Deco (multifamily project in Sparks) and the Park Lane, south of Midtown Reno.ThefirmwasfoundedandisledbyDavidMadsen.

TEC Civil EngineersTECisthepremiercivilengineeringandstructuralfirmintheRenoareaandthefirmhasbeenengagedonnumerouslarge-scaleassignments including Greater Nevada Field and most major gaming & hospitality projects in the area.

P R O J E C T T E A M

David Woods, CCIMFirst Vice President

775 321 4459

david.woods@cbre.com

©2019CBRE,Inc.Allrightsreserved.Thisinformationhasbeenobtainedfromsourcesbelievedreliable,buthasnotbeenverifiedforaccuracyorcompleteness. You should conduct acareful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All othermarks displayed onthis document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

CBRE RENO | 6900 S MCCARR AN BLVD. | SUITE 3000 | RENO, NV 89509

Matt Grimes, CCIMFirst Vice President

775 356 6290

matt.grimes@cbre.com

F O R P R E L E A S I N G , C O N T A C T U S :

101 NORTH VIRGINIAR E N O , N E V A D A