The Summit Awards is an annual commercial real estate event that recognizes the success of distinguished commercial agents, brokers, developers, property managers as well as commercial projects in the Northern Nevada region. The event is sponsored by Northern Nevada chapters of CCIM, CREW, NAIOP, and the Nevada Builder’s Alliance.
Kidder Mathews’ team of industrial brokers received top honors as 2018 Industrial Brokers of the Year. They also took home awards for 2018 Largest Industrial Lease of the Year and 2018 Largest Industrial Sale of the Year.
The largest industrial lease award recognized the team for the lease of 802,113 square feet at North Valleys Commerce Center, Building D, located at 9550 N. Virginia Street in Reno, to S&S Activewear, LLC, a national wholesaler of imprintable apparel. Hoeck, Nevis, Kucera, and Gunsten represented the landlord, CP Logistics NVCC II, LLC, a joint venture between CalSTRS and Panattoni Development Co.
The team received the 2018 Largest Industrial Sale of the Year Award for representing CP Logistics NVCC, LLC, along with JLL Capital Markets, Mark Detmer and Bo Mills, in the sale of North Valleys Commerce Center, Buildings A1 and B, located at 9460 & 9470 N. Virginia Street in Reno. The two industrial buildings totaled more than 1 million square feet combined and were sold to Prism-IQ Nevada, LLC for $81.1 million.
The Summit Awards were held April 13, 2019, at the Renaissance Hotel in Reno, Nevada.