Court Street - LoopNet€¦ · Office Floor Plan LEVEL 6-9 | ±13,750 SF. e t t t t t e t e t t e t...
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Court Street RENO, NV Preleasing Now | Breaking Ground 2020
Transcript of Court Street - LoopNet€¦ · Office Floor Plan LEVEL 6-9 | ±13,750 SF. e t t t t t e t e t t e t...
Court StreetRENO, NV
P r e l e a s i n g N o w | B r e a k i n g G r o u n d 2 0 2 0
Premier Class A office space breaking ground in January 2020 along the banks of the Truckee River in Downtown Reno. CAI Capital is pleased to bring a one of kind office space offering in the heart of the Reno’s central business district. The centerpiece of the project will be the 17 story four star hotel (name confidential) which includes a roof top steakhouse, luxury spa, conference facilities, Starbucks Coffee, ground floor fast casual restaurants and more. The development will provide unprecedented amenities to office users in the Reno market.
The amazing location overlooks Wingfield Park which hosts many of Reno’s most popular events throughout the year. The Truckee River kayak park is steps away in the Riverwalk district, perhaps the most widely used public improvement project in Reno. The Riverwalk district provides excellent pedestrian access to a wide assortment of restaurants and retail amenities in Downtown Reno.
The development will include four floors of office space served by two elevators in a separate tower above the parking garage. The 13,750 square foot floor plates can be demised to accommodate tenant’s in a variety of size ranges. Floor to ceiling glass windows provide amazing views of the changing downtown landscape and the surrounding Sierra Nevada Mountains. Building signage is available and naming rights to the building can be negotiated. We invite you to be part of the only true Class A development in downtown Reno.
Downtown CLASS A OFFICE
• Preleasing Now
• Breaking ground 2020
• 55,000 SF of new Class A Office Space
• 5,000-55,000 SF Size Ranges Available
• Lease Rate $3.00-$3.50 PSF/Month
• Connected to the first and only 4-star hotel in Reno with a roof top restaurant and deck
• Building Signage Available
• Spectacular Views of the Sierra Nevada Mountain Range and the Truckee River
• Public transportation nearby
• Ample parking onsite and within close proximity to the City of Reno Parking garage if additional parking is required.
Live. Work. Play.
Court StreetRENO, NV
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Office Floor PlanLEVEL 6-9 | ±13,750 SF
Wells Ave
Kuenzil St
2nd St
Sinclair St
Center St
Virginia St
Island Ave
Court St
Arlington Ave
Ridge StLiberty
St
California Ave
Sierra St
Riverwalk District
Barbara Benne� Park
Reno Justice Court
Pioneer Theater ofPerforming Arts
Second Judicial Court
Federal Court House
Lake Mansion
Wingfield Park
NV Museum of Art
Greater NV Field
Discovery Museum
Reno Police Department
Reno City Hall
The Post Office
City Plaza
UNR
National Bowling Stadium
National Automobile Museum
Downtown Reno Library
Reno Events Center
Reno Ballroom
Truckee River
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Wells Ave
Kuenzil St
2nd St
Sinclair St
Center St
Virginia St
Island Ave
Court St
Arlington Ave
Ridge StLiberty
St
California Ave
Sierra St
Riverwalk District
Barbara Benne� Park
Reno Justice Court
Pioneer Theater ofPerforming Arts
Second Judicial Court
Federal Court House
Lake Mansion
Wingfield Park
NV Museum of Art
Greater NV Field
Discovery Museum
Reno Police Department
Reno City Hall
The Post Office
City Plaza
UNR
National Bowling Stadium
National Automobile Museum
Downtown Reno Library
Reno Events Center
Reno Ballroom
Truckee River
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Court StreetRENO, NV
Downtown Reno
Court StreetRENO, NV
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
“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 1.3 million square feet, the
facility fulfills the vision of Switch 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
“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
WHY RENO?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
Reno ranked among the “15 Prime Real Estate Locations Investors Need To Check Out” – Forbes.com - Jan. 2019
Reno moved up 26 spots to #11 on the Milken Institutes’s annual list of “best- performing cities.” – Venture Beat - Jan. 2019
Nevada ranked #3 for year-over-year personal income growth in the U.S. – CarsonNow.org - Jan. 2019
Nevada tops nation for inbound movers in 2018 – Reno Gazzette Journal - Jan. 2019
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 TECHNOLOGIESA financial technology company leveraging blockchain, AI and analytics to deliver products to improve the financial lives of their customers, is expanding operations to Reno, Nevada. The company plans to hire 240 employees over the next several years.
WHO HAS MADE THE MOVE...
top REASONS TO MOVE TO RENO
FAVORABLE TAX STRUCTURE
LOW COST OF BUSINESS
INFLUX OF NEW BUSINESSES: TESLA, SWITCH
PROXIMITY TO MAJOR MARKETS
IMPRESSIVE JOB & POPULATION GROWTH
PROMINENT EMPLOYERS• DUPONT
• EL DORADO RESORTS
• EMPLOYERS INSURANCE
• FED EX
• INTERNATIONAL GAME TECHNOLOGY (IGT)
• INTUIT
• NV ENERGY
• PANASONIC
• PATAGONIA
• RENOWN HEALTH
• SIERRA NEVADA CORPORATION
• SWITCH
• TESLA
• UNIVERSITY OF NEVADA, RENO
• UPS
• URBAN OUTFITTERS
6THIN U.S. FOR JOB GROWTH BETWEEN 2017-2019Source: Economy.com
toP 10RANKED STATES FOR BUSINESS
Top State FOR ECONOMIC GROWTH POTENTIAL
Business Facilities’ Magazine – 14th Annual State Rankings Report
Source: CBRE Research
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 E15 MIN
Average Commute
6th BEST SMALL CITY
IN AMERICA Source: 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 FRIENDLYTOP 50
300
RENO DRIVE TIMES
For additional information, please contact:
Court StreetRENO, NV
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, 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 other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. PMStudio_August2019
MATT GRIMES, CCIM
First Vice Pres ident
+1 775 356 6290
matt .gr [email protected]
Lic .s .0072644
DAVID WOODS, CCIM
First Vice Pres ident
+1 775 321 4459
david [email protected]
Lic .s .0072655
