Press Releases
Basin Street Properties to Offer Executive Suites at
Bank of America Plaza
Prominent Northern California and Northern Nevada Real Estate Investor and Developer to Cater to Reno’s Fast Growing Business Community
PETALUMA, Calif., – August 15, 2006 – Basin Street Properties, a prominent Northern California and Northern Nevada investor and developer of commercial and mixed-use properties, will offer 8,000 sq. ft. of executive suite space at its preeminent Bank of America Plaza building located at 50 West Liberty in Reno's burgeoning downtown corridor. The 248,000 sq. ft. office complex will provide 22 newly constructed suite units ranging in size from 100 sq. ft. – 280 sq. ft. for individual business owners.
"At Basin Street, our number one priority is to provide communities with real estate options that meet their needs. There is a real demand for office space for Reno's small business owners as many of the area"s executive suites are filled to capacity – we are addressing that need," said Scott Stranzl, vice president of Basin Street. "The new executive suites at 50 West Liberty offers individuals a great opportunity to grow their companies and to be situated in a premier office building in Reno's rapidly expanding urban core."
The executive suites will offer tenants a host of amenities, including shared office equipment, shared receptionist, conference rooms, state-of-the art telecommunications, a prominent corporate address, and a shared kitchen. Currently, the building hosts such marquee tenants as Bank of America, Deloitte & Touche, Lionel Sawyer & Collins Ltd., New York Life, and HMC Architects.
"Our goal is to invest in assets that cater to the needs of tenants. And, as their businesses grow, we can work with our tenants to accommodate such growth. With our expanding real estate portfolio in the Reno market, including the recent purchase of the Wells Fargo building at 200 S. Virginia, we have the capacity to provide a broad range of options for growing businesses – all while be strategically located in the heart of the city."
The Bank of America Plaza is located in Reno's downtown office core at the corner of West Liberty and Virginia Streets. The building occupies a premier location and accommodates a variety of tenants and industries, including financial services, insurance, legal and consulting firms.
Basin Street Properties has become widely recognized for its office, retail and mixed use developments. Headquartered in Petaluma, Calif., Basin Street is one of Northern California’s and Northern Nevada’s prominent developers and managers of commercial properties. 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 707.795.4477 or visit www.basin-street.com.
