Nick Knecht

DCG Industrial has been featured as a Q1 2026 Costar Power Broker Award winner. We are grateful for the opportunity to serve our clients!

Now Complete: Spanish Springs, NV Newest Flex Industrial Building 200 Academy Way is officially delivered and ready for immediate occupancy. This brand-new facility offers space ranging from 12,940 to 25,880 SF, includes yard space, and features a 740 SF spec office. Available for sale or lease.

Institutional big-box transactions in Reno-Sparks saw a strong rebound in 2024, with nine sales accounting for 63% of the year’s total transaction volume, alone surpassing the entirety of 2023’s industrial sales. To cap off 2024, DCG Industrial helped facilitate the sale of 55 Vista Blvd on behalf of the seller, which was acquired by @caprockpartners. 55 Vista is a 117,000 SF single tenant building in the Sparks submarket. CapRock expands their Northern Nevada portfolio to over 1 million SF, and 5.37M SF statewide.

The appetite for low-coverage industrial sites remains strong, and we were pleased to secure a strong tenant for our landlord client within just a couple weeks of bringing this 3.7 acre property to market. The tenant, POKRAJAC CORPORATION, is an established general engineering contractor in the region, specializing in excavation, grading, paving, public works, and utilities. The company will use the property as a new satellite facility to support its Reno-Sparks operations.

Reno-Sparks Industrial Activity at End of Q4 '24 Gross Absorption: 684,695 SF Newly Available: 1,444,836 SF Net Absorption: (760,141) Direct Vacancy Rate: 10.77%

2024 posted a significant decline in lease transaction volume in Reno-Sparks, down 26% year-over-year with 3 consecutive quarters of less than 1 million sq. ft. of gross absorption. The 5k-30k SF size range captured 65% of the lease transactions, showing stability among smaller businesses.

Industrial vacancy in Reno-Sparks increased from 7.1% to 10.7% during 2024 with 4.39M sq. ft. of negative net absorption over the course of the year. The North Valleys and I-80 East Corridor remain the leading submarkets for availability with 6.8 million SF of direct availability combined, accounting for 57% of total inventory.

It was a privilege to represent Kerak Shriners in the sale of their building. The 14,000-square-foot industrial building had been owned and occupied by Kerak Shriners, the Reno chapter of Shriners International, since 1980. The Shriners will be relocating within Reno to optimize their footprint while utilizing the proceeds of the sale to further invest in their mission of providing medical aid to children in need. Thank you to Bryan Gardner and John Hart for representing the buyer, Vasko Electric, who will be making renovations to the building which will serve as Vasko's new Reno headquarters.

@TopherNOW Tenants

2. FIND NEW TENANTS: Ask GPT to scan the news for companies that’ve hinted they’re likely to move or expand (hiring, change in leadership, layoffs, etc.) I built a prompt specifically for this. Comment “TENANTS” and I’ll DM it to you.

Ask and you shall receive. Here some practical ways you can start using ChatGPT in CRE TODAY: 1. LEASE SUMMARIZATION: You don’t plug-in or a GPT, you just need the right prompt. I wrote a prompt that makes it simple, but it’s LONG. I’ll link to it in the next comment. Continued in the 🧵 below:

@benrgallant @rjack1017 Thanks Ben! We spoke to Russel’s team last year about this. The renovations are looking good! Would love to bring in a tenant.

@rjack1017 @nickknecht help a brother out

Who’s a broker in the mountain states and represents a tenant in the 7,000 SF range? Let’s talk!

@TheRealEstateG6 Deal

In September 2021, I bought a deal for $2.6MM. This week I sold it for $6.4MM. Turned $800k into $4.1MM in less than 2 yrs I wrote a 3,000 word case-study explaining the exact process I used step-by-step To get a copy of this 7-pg case-study sent to your DM, reply "deal" below

@moseskagan @excel_ranger @moseskagan you use ConvertKit for your RC and Kagansblog email distributions?

@excel_ranger ConvertKit

Is HubSpot or Constant contact better for mailing lists and distribution?

@W6THO @OsoNegroDave @ChrisRamsey60 A lot of brokers service 1k SF industrial requirements all day long.

@nickknecht @OsoNegroDave @ChrisRamsey60 Thanks for providing some insight. Just starting to look at this space. I wouldn't have thought renters would use a broker to find a contractor garage?

2 year waiting list

@OsoNegroDave @W6THO @ChrisRamsey60 Priced competitively at $1.17/SF. Comps support $1.25-$1.50 for this. In an outer submarket, so I’d lean towards lower end of range. Self marketing on CL doesn’t give it enough exposure. Brokers wont take it seriously enough to put in front of clients, if they can even find it.

@W6THO @ChrisRamsey60 @nickknecht what's the word?

@ericwilsonRE Congrats eric!! 🙌

The newest addition to the Wilson Fam has arrived!

@scovingtoniii Nailed it

The secret to a happy life is to make a fat buck in real estate, then roleplay as a homesteader

Leased up to a 3PL, expanding within our market.

@capratecraig Whoa new year new you!

You’ve filed bankruptcy how many times?

@realEstateTrent @RampCapitalLLC

Hey thanks @tradedla This one went into escrow at the start of rate hike season and was a bit of a rollercoaster for the team. We were stoked to get it done and achieve a good outcome for the seller.