Albanese Cormier Acquires Retail Property In Reno, NV For $15.8M

The retail property located at 620 N McCarran Blvd in Reno, NV was recently sold for a total price of $15,800,000. The transaction took place on January 4, 2021, and the asset spans a total of 155,000 square feet. The price per square foot for this property equates to $101. The buyer of the property was Albanese Cormier, while the seller was Walton Street Capital. The deal was facilitated by JLL, with Gleb Lvovich, Dan Tyner, and Tony Ensbury representing the involved parties.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $15,800,000
• Address: 620 N McCarran Blvd, Reno, NV
• Market: Reno, NV
• Buyer: Albanese Cormier
• Seller: Walton Street Capital
• BROKERS: Gleb Lvovich, Dan Tyner & Tony Ensbury - JLL
• Square Footage: 155,000
• Price Per Square Foot: $101

This transaction involved notable individuals and companies such as Albanese Cormier, the buyer of the property, and Walton Street Capital, the seller. The deal was facilitated by JLL, with Gleb Lvovich, Dan Tyner, and Tony Ensbury from JLL representing the parties involved. The involvement of these key individuals and companies played a crucial role in the successful completion of the transaction.