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Alturas Buys Sparks Marina for $100M | Reno News
Alturas Capital Partners just pulled off a blockbuster deal, shelling out over $100 million for the Legends at Sparks Marina — a massive 421,000-square-foot retail hub with 97% occupancy. After previously passing on the property in 2022, they returned with deeper analysis and are now poised to unlock its full potential by converting underperforming leases into market-rate, triple-net agreements. This bold move in a secondary market like Sparks underscores Alturas’ strategy to find hidden gems others overlook — and they’re already eyeing more deals in the area. Listen in comfort:Get a discount…
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