Downtown Reno building purchased by locally-led investment group


The office building at 1 East Liberty Street, a cornerstone in the renewal of downtown Reno, has been purchased by an investment group led by a Reno businessman, Resource Management & Development reported on May 17.

The six-story approximately 89,000-square-foot office building, commonly known as the U.S. Bank Building, was purchased for $18.3 million by 1 Liberty C2K LLC, an investment group established by Jeff Kirby, the owner of Resource Management & Development in Reno.

The seller was C2K Advisors LTD, which acquired the property in 2013. The Reno-based real estate development company is led by Blake Smith.

Read the full story here: Northern Nevada Business Weekly