Sale of 4865 Longley Lane Reno

We are pleased to announce Fred Jayet and Kevin Sigstad’s successful sale completion 4865 Longley Lane, Reno, Nevada. Fred represented the buyer, the Kraft/Haug Family Trust in the 5,788 sf sale transaction. Kevin Sigstad represented the seller, Ronald Steffey.

1235 Baring Way

RE/MAX Premier Properties Commercial Division is pleased to announce
Fred Jayet’s successful Retail Space lease completion at
1235 Baring Way, in Sparks, Nevada. Fred represented the Tenant,
Chad Keele in the 2,873 SF transaction.

Press Release

RE/MAX Premier Properties Commercial Division is pleased
to announce Fred Jayet’s successful Sale completion at 885
Tyler Way in Sparks, Nevada. Fred represented the Buyer,
Confidence Health Resources, LLC in the Sale transaction.
Sheila Colfer and Fred Miller represented the Seller Paul
Freitag.

Press Release

RE/MAX Premier Properties Commercial Division is pleased to announce
Fred Jayet’s successful Industrial space lease completion
at 1197 Greg Street in Sparks, Nevada. Fred represented the
Landlord, JJM Property, LLC in the 17,000 SF lease transaction.
The tenant is Across International, a New Jersey LLC.

Press Release

RE/MAX Premier Properties Commercial Division is pleased to announce Fred Jayet’s successful Sale completion of 5955 Tyrone Road in Reno, NV. Fred represented the Buyer, Christian Fellowship Church of Reno in the 11,300 SF in the Sale transaction.

RE/MAX Premier Properties Commercial Division is pleased to announce Fred Jayet’s successful Retail Space lease completion at 7675 South Virginia Street, Suite E, in Reno Nevada. Fred represented the Tenant Doug McQuide in this 1,380 SF Lease transaction.

Apartment Market Trends

Resilience, Despite Minimal Improvement in Occupancy

Demand for apartments remains strong four years after the recovery began, even as construction activity has gradually been increasing. Not even the seasonal weakness normally observed during the fourth quarters of calendar years had much if any impact on the market dynamics.

Vacancy declined by 10 basis points during fourth quarter to 4.1%, in line with last quarter’s 10 basis point decrease. Over the last year the national vacancy rate fell by 50 basis points. The national vacancy rate now stands 390 basis points below the cyclical peak of 8.0%, recorded right after the recession ended in late 2009… Click to View more

Article by Victor Calanog

Big Congratulations to all RE/MAX Commercial Practitioners

Greetings,

A big congratulations to all RE/MAX Commercial Practitioners for an amazing 2013!

The numbers have been tallied, and the total commercial For Sale and For Lease volume for the year was $8.6 billion from over 23,500 transactions. Additionally, the RE/MAX Commercial network grew to 485 commercial offices and divisions and 3,000 practitioners in 45 countries.

Another victory: RemaxCommercial.com continues to rank as one of the 10 most visited commercial real estate websites, generating around 2,000 leads per month in combination with LoopNet.com. (Note for U.S. agents: Please make sure to review and update your complimentary websites currently displayed on RemaxCommercial.com. Search for your site here.)

As we look to the year ahead, RE/MAX Commercial is offering more resources to take your business to even higher levels. Notably, keep an eye out for a new training series produced by Mike Lipsey at the end of Q1. Also, the very popular Commercial Education Track returns at the 2014 R4 Convention in Las Vegas, March 3-6.

Please note the updated standards for the “Commercial Primary” designation now on MainStreet profiles. You can check out the details here.

Here’s looking forward to a great 2014!

Best regards,

Kevin Bair
Supervisor, Commercial Division
RE/MAX World Headquarters