Press Releases
Basin Street Properties Adds The Regus Group to Tenant Roster of 200 S. Virginia Street, Located in Reno's Thriving Downtown District
Leading Provider of Fully Furnished and Equipped Offices to Occupy 14,934 Sq. Ft.
RENO, NV., April 23, 2008 – Basin Street Properties, a prominent Northern California and Northern Nevada real estate
investor of commercial and mixed-use properties, has signed a new tenant to one of its most prominent Reno properties. The Regus Group,
the world's largest provider of fully furnished and equipped offices, will occupy 14,934 sq. ft. at 200 S. Virginia Street, a 120,000 sq.
ft. office complex located in the core of Reno's burgeoning financial district. 200 S. Virginia features panoramic views of the surrounding
Sierra Mountains, Truckee Meadows and downtown Reno.
"Due to its premier location and the completion of last year's major capital improvement project, 200 S. Virginia continues to attract
quality tenants," said Scott Stranzl, vice president of leasing for Basin Street Properties. "We are excited to welcome Regus to the
roster of marquee tenants. 200 S. Virginia is one of our most highly regarded properties in Reno, and we have confidence that it will
cater to the ongoing business needs of Regus."
Located in downtown Reno's office core, 200 S. Virginia is a nine-story Class A office building accommodating a variety of tenant
and industries, including financial services, telecommunications, health services and law firms, among many others. The property is
situated in close proximity to many of the area's restaurants and business services and is within walking distance of the Truckee River,
City Hall, the County Courthouse, and the Federal Court Building. The central location also offers direct access to Interstate-80,
the Amtrak station and all major bus lines.
"We're delighted to partner with Basin Street Properties on our new downtown Reno business center," said Michael Berretta, Vice
President of Business Development for Regus. "The location, the amenities, and the first-class facility were all key factors in us
selecting this property as our newest business center. We feel that the new center will be well received by our client base and
we're excited to be a part of the renaissance that is taking place in downtown Reno."
CB Richard Ellis' Matt Riecken represented Basin Street Properties while Annemarie Huismann, also of CB Richard Ellis, represented Regus.
The Regus Group is the world's leading provider of pioneering workplace solutions, with products and
services ranging from fully equipped offices to professional meeting rooms, business lounges and the largest network of
videoconferencing studios. The Regus Group delivers a new way to work, whether it's from home, on the road or from an office.
Clients such as Google, GlaxoSmithKline, IBM, Nokia and Accenture join thousands of growing small and medium businesses that
benefit from outsourcing their office and workplace needs to The Regus Group, allowing them to focus on their core business.
Over 200,000 clients a day benefit from Regus Group facilities spread across a global footprint of 950 locations in 400
cities and 70 countries, which allows individuals and companies to work wherever, however and whenever they want to. For more
information, visit www.regus.com.
Basin Street Properties, headquartered in Petaluma, Calif., is one of Northern California's and Northern Nevada's
prominent developers, investors and managers of commercial properties. Basin Street has become widely recognized for its office, retail
and mixed use developments. Founded more than 30 years ago, the company offers a broad range of real estate services, including
development, property management, construction management, financial and asset management, and property acquisition and disposition.
For more information on Basin Street Properties, please call 775.329.4131 or visit www.basin-street.com.
