LifeStatus360 Moving to Downtown Reno’s 200 South Virginia
Reno, NV (July 2, 2019) – Basin Street Properties, a prominent Northern California and Northern Nevada real estate investor and developer, has signed a lease with LifeStatus360 for 2,510 SF at 200 South Virginia in Reno, Nevada.
“We have been considering the move to Reno from California for some time,” said Chris Scaramastra, President of LifeStatus360. “While the quality of life, talented employee pool and strong growth of Reno were important factors, we ultimately decided to relocate to increase our data security and with the proximity to the SWITCH Data Center – it was an easy decision for us.” LifeStatus360 provides the industry’s fastest death audit, life audit, and regulatory compliance results to help maintain fiduciary compliance with regards to pension and retirement funds. LifeStatus360’s data compliance expertise and commitment to providing users with the latest technology are coupled with a recent Data Center move to powerhouse Switch, also located in Reno, where the company continues to operate using top security protocols to protect customer PII data and proprietary data sources.
“It’s exciting to see another tech company like LifeStatus360 move to downtown Reno and our 200 South Virginia building,” said Scott Stranzl, Vice President of Leasing for Basin Street Properties. “These companies help improve wage growth in Reno and diversify employment opportunities.” LifeStatus360 will join new tenants Breadware, MyVR and Hawco Development as 200 South Virginia pivots to new industries. The surrounding submarket is thriving as well with new housing at Center & Pine Apartments and the new restaurants of Sizzle Pie, Pine State Biscuits and See See Motor Coffee Co.
200 South Virginia is a nine-story, 117,780 square foot Class A office building with panoramic views of the surrounding Sierra Mountains, Truckee Meadows and downtown Reno. It has a direct conduit to the AT&T regional switch which sits on east/west fiber backbone providing redundant connectivity through multiple fiber vendors and redundant power via a 480 KVA generator. Abundant parking is available in an adjacent parking garage.
About Basin Street Properties:
Basin Street Properties, established in Petaluma in 1974, is one of Northern California’s and Northern Nevada’s most prominent developers, investors and managers of commercial properties. The company owns and manages over 5 million square feet of Class A office space. Basin Street is widely recognized for its office, retail, hospitality, multi-family and mixed-use developments. 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, visit basin-street.com or contact Mike Williams, 775-954-2821, firstname.lastname@example.org.