Joanna Branzell Interior Design Bought Riverside Building
The design firm closed on its new 2,200-square-foot studio on June 29, 2026.
Updated on Oct. 6, 2026 in Openings & Closings
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Joanna Branzell Interior Design has transitioned from a tenant to a property owner after purchasing a building on Riverside Drive in Reno. The firm, which was founded in 2019, moved from its previous location in South Reno to the new studio space.
Why it matters
Securing a permanent studio space allows the local firm to expand its storage and client meeting capacity. This shift reflects a move by a small business to move away from leasing property in favor of ownership.
The firm acquired a 2,200-square-foot facility on Riverside Drive, moving from its prior footprint in South Reno. The transaction was finalized on June 29, 2026, with exact financial terms remaining private.
The players
Joanna Branzell Interior Design
A design firm founded in 2019 that recently purchased a studio on Riverside Drive.
ServBank
The institution that provided the first-position financing for the studio purchase.
Nevada State Development Corporation
The organization that provided long-term, fixed-rate financing for the acquisition.
The details
Joanna Branzell Interior Design utilized an SBA 504 loan structure to finalize the building purchase. ServBank provided the first-position financing, while Nevada State Development Corporation supplied the long-term, fixed-rate portion of the loan. The move provides the business with dedicated storage and expanded client meeting areas.
Timeline
The firm was founded in 2019.
The property purchase closed on June 29, 2026.
The Truckee Meadows View
The acquisition follows a path common for local small businesses using the SBA 504 loan program to transition from commercial leasing to property ownership. This move reflects a broader trend of design firms securing fixed-rate studio assets within established Reno corridors.
Clients of the firm should note the move from the previous South Reno site to the new studio on Riverside Drive. The transition to a permanent location provides the firm with expanded capacity for future client meetings.
The takeaway
Small business owners looking to move away from leasing should track the specific financing structures used in commercial real estate deals. Following established programs like the SBA 504 loan can provide a pathway for local firms to secure permanent space.
Further reading
For more updates on local business moves, visit the Openings & Closings section.
Source note: This article includes information reported by Kolotv.
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