Joanna Branzell Interior Design Purchased Reno Building

The design firm transitioned to property ownership on Riverside Drive on June 29, 2026.

Updated on Oct. 6, 2026 in Openings & Closings

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Joanna Branzell Interior Design secured a 2,200-square-foot facility on Riverside Drive, officially transitioning the firm from commercial tenant to property owner on June 29, 2026. AI Illustration. Upload story photo >

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Joanna Branzell Interior Design secured a 2,200-square-foot facility on Riverside Drive, marking a shift from tenant to owner. The deal closed on June 29, 2026.

Why it matters

Transitioning to property ownership provides the firm with more dedicated space for client meetings and storage. This move effectively ends the business owner's reliance on leasing commercial office space.

The firm secured a 2,200-square-foot space using an SBA 504 loan structure. This transaction marks the firm's transition from a tenant to a property owner after operating since 2019.

The players

Joanna Branzell Interior Design

This interior design firm provides professional styling services and has been in operation since 2019.

ServBank

This financial institution provides commercial lending and supplied the first-position financing for the building purchase.

Nevada State Development Corporation

This entity provides long-term, fixed-rate financing support for small businesses in the region.

The details

The purchase was facilitated through a dual-financing model featuring a first-position loan from ServBank and additional long-term, fixed-rate financing provided by the Nevada State Development Corporation. The firm previously operated out of a location in South Reno.

Timeline

  1. The interior design firm was founded in 2019.

  2. The property purchase closed on June 29, 2026.

Market Landscape

Small business owners are increasingly utilizing the SBA 504 loan program to secure stable long-term assets and insulate themselves from commercial rental fluctuations. This trend allows specialized firms to gain control over their operating environments in competitive markets.

Clients of the firm can expect more comprehensive design resources and expanded meeting space at the new studio location. The transition ensures long-term operational stability for those who utilize the company's professional design services.

The takeaway

Securing commercial property through government-backed loan programs can offer small businesses a path toward long-term equity and stability. Business owners looking for similar growth should investigate the specific lending criteria required for SBA 504 financing.

Further reading

For more information on the shifting business landscape in the area, visit the Openings & Closings section.

Source note: This article includes information reported by Kolotv.

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