marketing presentation -...
TRANSCRIPT
Darren Butler404 812 [email protected]
Robb Draughon404 812 [email protected]
Nathan Anderson404 812 [email protected]
2225 Skyland Court | Norcross, Georgia 30071
Marketing Presentation
One NAI Brannen Goddard Overview Two Building Overview Three Marketing Recommendations
Competition Recent Lease Comparables Projected Lease Terms Four Marketing Team Five Sample Flyer Six Case Studies Seven Commission Structure Eight Why Hire Us
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Table of Contents
One| NAI Brannen Goddard Overview
Primary Objective
NAI Brannen Goddard (“NAIBG”) is pleased to present the Marketing Proposal to ARC Strike, LLC (“Owner”) for 2225 Skyland Court (“Property”). We are committed to providing you with the most professional marketing services in the industry. From our conversations and general experience, we believe your primary objectives are to: • Aggressively and professionally market the Property to the largest pool of qualified users. • Ensure national and local brokers, consultants, state agencies and users are consistently
aware of the project and its unique position within the broader industrial/manufacturing market.
• Negotiate the most favorable terms on behalf of Owner to facilitate a lease transaction in
the shortest period of time. • Find the ideal user who requires the Property’s existing unique infrastructure of heavy
power, existing cranes, and above-standard clear height.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
NAIBG Overview
5555 Glenridge Connector, Suite 1100Atlanta, GA 30342 | 404 812 4000
naibg.com
NAI Brannen GoddardOur approach is simple. We put our clients’ needs first and provide unparalleled expertise to help you reach your goals. We stay on top of every aspect so we can show you what’s next and what’s down the road. Our clients range from Fortune 500 corporations, major banks and insurance companies to inves-tors, private institutions and small businesses.
For nearly 40 years, we’ve provided global level thinking and unique local knowledge in real estate sales, leasing, investments, property man-agement, brokerage, construction management and other services.
NAI Brannen Goddard is a company of collaboration. We have become fully integrated, which has increased the depth of our knowledge. As a diversified organization, we empow-er specialists from a wide range of premier services to work seamlessly together so we can offer smarter, more strategic solutions.
Market ExpertiseOur team of over 100 seasoned professionals is supported by com-prehensive resources ranging from extensive research and marketing materials to computer technol-ogy. The leasing activity, exclusive listings, and volume of transac-tions that NAI Brannen Goddard represents are all indicative of our capabilities and dedication to our clients.
Headquartered in Atlanta, Georgia, USA
Many of Atlanta’s most successful brokers are members of the NAI Brannen Goddard team, which continues to rank the company as one of the largest commercial real estate firms in the region.
Corporate Organization
BrokerageTenant Representation
Landlord Representation
Investment Sales
InvestmentOffice
Industrial
Medical
Retail
Land
Asset/Property ManagementOffice
Industrial
Retail
Business Parks
Construction ManagementDevelopment & Redevelopment
Tenant Improvements
Consulting Services
LEED Certification
Other ServicesCorporate Services
Global Logistics
Acquisition/Disposition
Special Asset Solutions
Tech Space
Corporate Profile
5555 Glenridge Connector, Suite 1100Atlanta, GA 30342 | 404 812 4000
naibg.com
Representative Clients
AT&TAVERYChryslerCIGNACitigroupThe Clorox CompanyCoca-Cola CompanyColgate-Palmolive CompanyGEGraingerHagemeyer NAHershey Foods CorporationIBMInternational Paper Co.JP Morgan ChaseJohn DeereJohn HancockKaiser PermanenteLockheed MartinMcKesson CorporationMetropolitan LifeNCRPitney BowesPrincipal Financial GroupPrudential FinancialRJR NabiscoSAP America, Inc.Savannah College of Art & DesignState Farm InsuranceSteelcaseTa Chen InternationalUnited Natural Foods, Inc.Wal-MartWells FargoXerox CorporationYamaha
Employees100± Total Employees/Brokers
50± Brokers
6 Property Managers
Business ActivityAnnual Transaction Volume Over $700 Million
Annual Leasing Volume Over $500 Million
Annual Investment Sales Over $200 Million
Monthly Leasing Activity Over 1 Million Square Feet
Asset/Property Management 8 Million Square Feet
Third Party Listings Over 30 Million Square Feet
Industry and Trade AssociationsBOMA Building Owners & Managers Association International
CORENET Global Association for Corporate Real Estate
CREW Women in Commercial Real Estate
ICSC International Council of Shopping Centers
IREM Institute of Real Estate Management
NAIOP Commercial Real Estate Development Association
NAPE National Association of Power Engineers
SIOR Society of Industrial and Office Realtors
ULI Urban Land Institute
DesignationsAtlanta Board of Realtors: - Million Dollar Club Members - Phoenix Award Winners - Silver Phoenix Award Winners - Top Producers Award Winners
CCIM Certified Commercial Investment Members
CPA Certified Public Accountant
CPM Certified Property Managers
JD Juris Doctor
LEED Leadership in Energy & Environmental Design
MBA Masters in Business Administration
MCRE Masters in Commercial Real Estate
RPA Real Property Administrator
SIOR Society of Industrial and Office Realtors
Corporate Resources
5555 Glenridge Connector, Suite 1100Atlanta, GA 30342 | 404 812 4000
naibg.com
Representative Clients Maximizing ValueNAI Brannen Goddard serves the complex marketing and leasing needs of corporate, institutional and entrepreneurial property owners. Properties range from trophy office buildings to industrial parks and single projects of various types.
The primary goal of Landlord Representation is to maxi-mize the value of the asset within the ownership’s objectives. NAI Brannen Goddard understands the various strategies that an owner may have for a property and fo-cuses all energies in the direction of the desired outcome, which may include:
- Preparing the property to sell- Holding for the long term- Repositioning or stabilizing
Our experienced brokers structure transactions to maximize market conditions while retaining the disciplines of an asset manager. The company’s extensive operating background and in-house capabili-ties to renovate, manage, reposition, lease and sell a building have awarded us the opportunity to assist owners with each diverse phase of the asset management process.
Overview of ResourcesNAI Brannen Goddard is among the leading commercial brokerage firms in Atlanta, Georgia, as illustrated by the fact that we exclusively represent over 30 million square feet of property across the Metropolitan Atlanta area. Our strong market presence and volume of activity makes us uniquely aware of market trends, potential users and active investors.
Our team of brokers is headed by Mitchell V. Brannen, the founding principal of the company. The marketing of every property involves a multi-person team of brokers with expertise in many real estate disciplines.
The team is further supported by the company’s extensive resources, which offer a diverse range of capabilities for compiling property data and positioning a property to market via numerous channels. Clients are provided with the latest information for capitalizing on real estate opportunities.
ColonyLIGHT INDUSTRIAL
Landlord Representation
CORNERSTONE
5555 Glenridge Connector, Suite 1100Atlanta, GA 30342 | 404 812 4000
naibg.com
NAI Global
Industry Rankings
NAI Global consistently ranks among the top commercial real estate services providers in industry rankings published by Commercial Property Executive, Real Estate Forum and National Real Estate Investor and others.
#1 Global Broker of the Year Private Equity Real Estate Magazine
#1 Global CRE Provider Based on coverage by # of offices
#1 Network Based on performance, Watkins and CRE Service Providers
#1 Network Based on transaction volume
Top 3 Brokerage Organization Real Estate Forum’s Forum 100
Top 4 Real Estate Brand Lipsey Co. Top 25 Real Estate Brands
Top Tier Brokerage Organization National Real Estate Investor
Top 10 Property Managers National Real Estate Investor
NAI Global NetworkNAI Global is an international real estate services organization with the institutional strength of one of the world’s leading property invest-ment companies.
Our experts are strategic and innovative, working collaboratively to realize maximum potential and generate creative solutions for our clients worldwide. Additionally, our collaborative services platform pro-vides an expansive, yet nimble and responsive structure enabling us to efficiently deliver superior results.
Our organization consists of over 6,700 local market experts in more than 375 offices worldwide. We complete over $45 billion in transactions annually, including over $10 billion in investment sales, and manage over 380 million square feet of commercial space, helping clients build their portfolios on the power of our global network. As a member, NAI Brannen Goddard of-fers its clients a distinct competitive advantage when seeking to buy, sell or lease property locally, nationwide or globally.
We have an extensive roster of property services which includes acquisition/disposition, landlord representation/leasing, tenant rep-resentation, property management, investment services, capital markets services, valuation, due diligence and related advisory services.
Client-Focused TeamAs a diversified organization, we empower specialists from a wide range of premier services to work seamlessly together so we can offer smarter, more strategic solutions.
We are known for innovation in creating specialized service offer-ings to meet the needs of changing market conditions, as demonstrated by our Asset Optimization Services and Accelerated Marketing Program - two unique programs designed to help property owners and financial institutions identify and resolve problems in their portfolios.
5555 Glenridge Connector, Suite 1100Atlanta, GA 30342 | 404 812 4000
naibg.com
NAI Global Coverage
Global Reach
The NAI Global organization consists of more than 6,700 market professionals in more than 375 offices worldwide, to deliver results for our clients.
NAI Brannen Goddard is the Metropoli-tan Atlanta area representative of NAI Global. Our passion and focus is local, and our reach is international.
Allow us to demonstrate our capabilities and commitment to your assignment.
Asia Pacific Australia, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan
Canada Alberta, British Columbia, Nova Scotia, Ontario, Quebec
Europe & The Middle EastBahrain, Denmark, France, Georgia, Germany, Greece, Ireland, Italy, Latvia, Netherlands, Norway, Poland, Romania, Russia, Serbia, Sweden, Switzerland
Latin America and the Caribbean Argentina, Bahamas, Brazil, Chile, Costa Rica, Jamaica, Mexico, Panama, Peru, Puerto Rico, Venezuela
United StatesAlabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin
2225 Skyland Court
Two| Building Overview
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Building Overview
Property Location • Best located building in Northeast Atlanta
Submarket • Unincorporated Gwinnett County • Less than 2-1/2 miles to I-85, I-285 and
Peachtree Industrial • 1-/14 miles to Buford Highway and Jimmy
Carter Boulevard
Site Information • 10.79 acre site • ±100 parking spaces
Building Information • Adaptable to service/distribution uses • 161,229 SF total • 126,602 SF of warehouse • 34,624 SF of office • Built in 2002 • Ceiling height: 32/50/75 feet • Drive-in bays and dock high doors • 40’ x 52’ column spacing in warehouse • Heavy-duty slab thickness • 4,000 amps electrical service
Recent Improvements • Drive resurfaced 2014 • New roof 2014 • New HVAC 2015
Three| Competition
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
No. Property Photo Park/Address Space Size – SF Office SF Rental Rate Docks /
Drive-Ins Existing Cranes
Clear Height Year Built
2225 Skyland Court Norcross, GA 30071
161,229 34,624 $5.50 NNN 8 / 1 Yes 26’ – 40’ 2002
No. Property Photo Park/Address Space Size – SF Office SF Rental Rate Docks /
Drive-Ins
Existing Cranes
Clear Height Year Built
3101 McCall Drive Doraville, GA 30340
180,000 BTS $4.50 NNN 23 / 1 No 32’ 2016
4600 Northeast Expressway Doraville, GA 30340
225,200 14,200 $3.75 NNN 11 / 0 Yes 16.5’ – 28’ 1965
4245 International Boulevard Norcross, GA 30093
249,200 29,100 $4.35 NNN 16 / 2 No 23’ 1985
2780 Horizon Ridge Court Suwanee, GA 30024
222,643 7,000 $3.75 NNN 50 / 1 No 28’ 1997
3525 Gravel Springs Road Buford, GA 30515
234,722 BTS $4.35 NNN 50 / 2 No 32’ 2016
2225 SKYLAND COURT
Marketing Recommendations
Three| Competition
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
No. Property Photo Park/Address Space Size – SF Office SF Rental Rate Docks /
Drive-Ins
Existing Cranes
Clear Height
Year Built
2000 McFarland 400 Blvd. Alpharetta, GA 30004
87,000 8,000 $5.50 NNN 0 / 2 Yes 40’ 1985
4600 Northeast Expressway Doraville, GA 30340
134, 212 35,512 $4.00 NNN 4 / 2 Yes 30’ – 35’ 1993
2225 SKYLAND COURT
Marketing Recommendations
Three| Competition
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Marketing Recommendations
Three| Recent Lease Comparables (100,000 – 300,000 SF Last 24 Months)
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Marketing Recommendations
NO. PROPERTY TENANT OWNER/DEVELOPER SIZE/SF RATE/SF TERMLEASE
EXECUTION DATE
TI OFFICE COMMENTS
* 3270 Summit Ridge ParkwayDuluth, GA 30096
Dealer Tire Colony Financial 100,800 $4.15 NNN 24 mos Q1 2015 $1.00 5% 3% bumps
* 2850 Colonnades CourtNorcross, GA 30071
Haso, Inc. High Street 102,128 $4.25 NNN 63 mos Q2 2014 $1.00 20% 3 mos free; 3% bumps; manufacturing operation.
* 6280 Best Friend RoadNorcross, GA 30071
Climatic DCT 102,160 $3.70 NNN 62 mos Q1 2016 $0.50 3% 2 mos free; 3% bumps
* 2940 Pacific DriveNorcross, GA 30071
Halco Lighting HM Peachtree Corners 103,711 $3.50 NNN 84 mos Q4 4014 $1.50 2% No free rent; 2.5% bumps
* 665 Raco DriveLawrenceville, GA 30046
UTi Logistics Hillwood 104,000 $3.35 NNN 60 mos Q1 2016 $1.00 3% 4 mos free inside term; 3% bumps
* 375 Satellite BoulevardSuwanee, GA 30024
Geiger Automotive James Campbell 119,545 $2.44 NNN 120 mos Q4 2015 $1.00 3% 3% bumps; expansion
* 2624 Weaver WayDoraville, GA 30340
AAF International Prologis 126,575 $3.40 NNN 38 mos Q3 2014 $1.00 6% 3% bumps; renewal
* 2475 Mill Center Parkway Buford, GA 30518
Doosan IVA IDI 146,299 $3.85 NNN 123 mos Q2 2015 $7.00 10% 3 mos free; 2.5% bumps
* 775 Tipton Industrial DriveLawrenceville, GA 30046
Encompass TR Tipton 151,200 $3.35 NNN 64 mos Q2 2014 $2.50 12% 4 mos free; 2.5% bumps
6255 Brook Hollow RoadNorcross, GA 30071
Edward Don & Company Prologis 152,000 $4.64 NNN 120 mos Q3 2015 $4.41 5% 2.5% bumps; renewal/expansion
* 2995 Evergreen DriveDuluth, GA 30096
Ta Chen DCT 157,280 $4.09 NNN 84 mos Q1 2014 $3.81 5% No free rent; 2% bumps; renewal effective Q4 2014
3101 McCall BoulevardDoraville, GA 30340
TireRack Ridgeline 157,500 $4.60 NNN 120 mos Q2 2016 $7.00 2.5% 4 mos free; 2.5% bumps
* 6280 Best Friend RoadNorcross, GA 30071
Zurn Industries, Inc. DCT 160,440 $3.70 NNN 89 mos Q3 2015 $1.50 7% 5 mos free; 3% bumps
* 1300 Northbrook ParkwaySuwanee, GA 30024
Expotechnik America McDonald Development 163,029 $4.25 NNN 81 mos Q2 2014 $1.50 25% No free rent; 2% bumps
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
* NAI Brannen Goddard Team completed 23 of the 28 lease transactions.
Three| Recent Lease Comparables (100,000 – 300,000 SF Last 24 Months)
2225 SKYLAND COURT
Marketing Recommendations
PROPERTY TENANT OWNER/DEVELOPER SIZE/SF RATE/SF TERMLEASE
EXECUTION DATE
TI OFFICE COMMENTS
* 4005 Newpoint PlaceLawrenceville, GA 30043
Amware DCT 168,020 $3.25 NNN 43 mos Q1 2015 $0.00 6% 3 mos free; 3% bumps
530 Horizon DriveSuwanee, GA 30024
Pak-Lite Taylor & Mathis 168,564 $3.87 NNN 64 mos Q2 2016 $3.82 2% 4 mos. free; 3% bumps
* 1050 Satellite BoulevardSuwanee, GA 30024
VWR International Colony Financial 168,925 $4.10 NNN 84 mos Q4 2015 $2.25 10% 3% bumps
* 305 Best Friend CourtNorcross, GA 30071
Contemporary Marketing Prologis 172,000 $3.95 NNN 36 mos Q1 2016 $0.00 3% 3% increases; renewal
* 2100 Evergreen BoulevardDuluth, GA 30096
Avnet DCT 180,000 $3.94 NNN 124 mos Q1 2014 $3.05 15%4 mos free; 3% bumps. Landlord received a $500,000 buyout from existing Tenant.
Horizon Drive, Bldg. 200Suwanee, GA 30024
AZZ Taylor & Mathis 180,693 $4.72 NNN 125 mos. Q3 2016 $1.50 2% 2.25% bumps
900 Highway 124Braselton, GA 30517
Petco Ackerman 192,461 $3.90 NNN 61 mos Q1 2016 $5.00 4% 1 mo free; 3% bumps
* 4005 Newpoint PlaceLawrenceville, GA 30043
Masonite DCT 246,000 $3.60 NNN 62 mos Q1 2016 $1.00 1% 2 mos free; 3% bumps
* 3200 Shawnee Industrial WaySuwanee, GA 30024
Millennium Mat Cobalt 256,700 $3.15 NNN 188 mos Q1 2014 $4.69 8% 8 mos free; 2% bumps
* 1735 Satellite BoulevardBuford, GA 30518
Ricoh Taylor & Mathis 264,550 $4.14 NNN 102 mos Q2 2015 $11.00 2% 4 mos free
* 250 Horizon DriveSuwanee, GA 30024
Brighton-Best Dugan 267,600 $3.26 NNN 180 mos Q1 2014 $2.50 3%No free rent; 2.25% bumps. Tenant had 5 years remaining in 100,000 SF in another Duke building & is relocating to 250 Horizon.
* 312 S. Holland DrivePendergrass, GA 30567
American Synthetic Fiber Pattillo 297,000 $2.85 NNN 60 mos Q1 2016 $0.50 3% 2.5% bumps; renewal
* 4325 Hamilton Mill RoadBuford, GA 30518
Lund International IDIG 303,815 $3.70 NNN 125 mos Q4 2015 $0.00 3% 6 mos free; 2% bumps
* 3312 North Berkeley Lake RoadDuluth, GA 30096
Broder Bros. Glen Una 320,530 $3.35 NNN 85 mos Q2 2016 $0.00 3% 1 mo. free; 3% bumps
Three| Recent Lease Comparables
NAIBG Transactions
2225 SKYLAND COURT
Marketing Recommendations
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
Three| Projected Lease Terms
9
Base Rental Rate Quote $5.50/SF NNN Base Rent Rental Rate Escalation 3% per year. Push rental rate growth. Term Lease Quote 5 – 10 year term Concessions Case-by-case basis, but don’t quote more than ½ month per lease year outside the term. Tenant Improvements Owner should be prepared to spend $0.50 - $1.00/SF, depending on use. Potential Asking Sale Price $75/SF
2225 SKYLAND COURT
Marketing Recommendations
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
Average Rate: $5.00 - $5.25/SF NNN
Annual Increases: 2.5% - 3%
Term Lease: 5 years or greater
Free Rent: Case-by-case basis, but don’t quote more than ½ month per lease year outside the term.
Tenant Improvements: $0.50 - $1.00 Projected Sales Price: $70/SF
Marketed Deal Terms
Projected Deal Terms
Three| Projected Lease Terms
10
Positioning of Property and Marketing Strategy
Location, location, location!!! • Position the property as the best located 161,229 square foot manufacturing/distribution building
with its unique infrastructure. Highlight Building’s heavy power, drive-in truck base and existing cranes in the market. Specifically point out the property’s location compared to competing properties.
• Gorilla market to manufacturing/distribution users not only in Atlanta but nationally by cold calling and attacking known tenants in, or soon to be in, the market. No team in Atlanta does this better.
• Contact the most active brokers in Atlanta and NAI Global’s network of 375+ offices on an ongoing basis to ensure 2225 Skyland Court is at the top of their client’s tour list.
• Invite a select group of top producing brokers and County officials for a building lunch/tour.
• Stay in constant contact with officials at the Gwinnett County Chamber of Commerce and Atlanta Economic Development for any incoming projects to the Atlanta area.
2225 SKYLAND COURT
Marketing Recommendations
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
Four| Marketing Team
11
The Marketing Team we have assembled for this assignment is unique in its complementary capabilities. Under the direction of Team Leader Nathan Anderson, individual roles and responsibilities will be divided into the following primary functional areas. It should be noted that all Team Members will be available to Owner as needed, regardless of defined roles. Market and Property Expertise All Team Members will available to Owner for all market information relating to the Properties’ current and potential leasing/sale and positioning them to maximize their potential for successful transactions. Client Advisory Nathan Anderson will be the primary point person for 2225 Skyland Court. All Team Members will participate in any conference calls with Owner to discuss all marketing activities. Marketing All Team Members will be responsible for marketing efforts including cold calling, Broker marketing, and leveraging any relationships which would enhance lease-up. Showings All Team Members will be readily available for prospect meetings and property tours. Reporting Nathan Anderson will be responsible for creating regularly scheduled progress reports, which express all of the contacts and status of any prospects. Administrative The administrative elements of the project, which include overall process tracking and the development and distribution of all marketing and other materials, will be completed by the support team in our Atlanta office.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Marketing Team
Four| Marketing Team
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Marketing Team
Five| Sample Flyer
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Sample Flyer
DARREN BUTLER404 812 [email protected]
ROBB DRAUGHON404 812 [email protected]
NATHAN ANDERSON404 812 [email protected]
425 Horizon Drive364,726 SF
FOR SALE OR LEASECorporate Headquarters/Warehouse/Manufacturing
404 812 4000 | fax 404 816 3939 | www.naibg.com Suite 1100 | 5555 Glenridge Connector | Atlanta GA 30342Information is deemed from reliable sources. No warranty is made as to its accuracy.
Features
Excellent NE Atlanta location one mile off I-85 & Lawrenceville-Suwanee Rd
Ideal for corporate headquarters with corporate campus image
Former BTS for Avon Products, Inc.
Abundant electrical & mechanical infrastructure in place
Side-load building
Built in 1991
Trailer parking/outside storage
425 Horizon Drive, Suwanee, GA 30024
Building SpecsBuilding: 364,726 SF Office: 46,545 SF Manufacturing: 164,384 SF Warehouse: 153,797 SF
22.37± Acres
M-1 Zoning
Expandable up to 436,000 SF
Fenced & Secured with Separate Guard Entry to Truck Areas
350 Parking Spaces
Up to 100 Trailer Spots
48’ x 48’ Column Spacing
100% ESFR Sprinkler System
Zoned by Ventilation Fans
4,000 Amp, 277/480 Volt, 3-Phase Power
Energy Efficient T-8 Lighting
6” Reinforced Concrete - 3,000 psi Floors Loading Area 37 Dock-high Doors with Hydraulic Load Levelers, Seals, Locks & Swing Lights
1 Drive-in with 12’ x 12’ Ramp
10 Additional Docks can be added to front of Building
Potential Cross Dock Configuration by adding 25 DocksProduction Area 25’ Clear Height
100% Air-Conditioned with Roof-Mounted UnitsWarehouse Area 30’ Clear HeightProduction & WarehouseAir Compression: Ingersoll Rand: 100 hp, 407 CFM, 125 psi and Quincy: 75 hp, 335 CFM, 125 psi
Site
Exit 111
View more at www.425Horizon.com
DARREN BUTLER404 812 [email protected]
ROBB DRAUGHON404 812 [email protected]
NATHAN ANDERSON404 812 [email protected]
425 Horizon Drive364,726 SF
FOR SALE OR LEASECorporate Headquarters/Warehouse/Manufacturing
404 812 4000 | fax 404 816 3939 | www.naibg.com Suite 1100 | 5555 Glenridge Connector | Atlanta GA 30342Information is deemed from reliable sources. No warranty is made as to its accuracy.
Exit 111
Ho
rizo
n D
r
Horizon Ridge Ct
Old Peachtree Rd NE
425 Horizon Drive364,726 SF
FOR SALE OR LEASECorporate Headquarters/Warehouse/Manufacturing
404 812 4000 | fax 404 816 3939 | www.naibg.com Suite 1100 | 5555 Glenridge Connector | Atlanta GA 30342Information is deemed from reliable sources. No warranty is made as to its accuracy.
DARREN BUTLER404 812 [email protected]
ROBB DRAUGHON404 812 [email protected]
NATHAN ANDERSON404 812 [email protected]
23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 12345678910
Receiving Dock
Warehouse
Manufacturing100% HVAC
O�ce
Shipping Dock Area
492'-
0"
Engineering Print ShopBaler
516'-6"
878'-8"
107'-0" 362'-2"
154'-
0"29
6'-0"
11
425 Horizon Drive364,726 SF
FOR SALE OR LEASECorporate Headquarters/Warehouse/Manufacturing
404 812 4000 | fax 404 816 3939 | www.naibg.com Suite 1100 | 5555 Glenridge Connector | Atlanta GA 30342Information is deemed from reliable sources. No warranty is made as to its accuracy.
DARREN BUTLER404 812 [email protected]
ROBB DRAUGHON404 812 [email protected]
NATHAN ANDERSON404 812 [email protected]
Potential Expansion
DARREN BUTLER404 812 [email protected]
ROBB DRAUGHON404 812 [email protected]
NATHAN ANDERSON404 812 [email protected]
FOR SALE OR LEASECorporate Headquarters/Warehouse/Manufacturing
Exit 111
425 Horizon Drive364,726 SF
404 812 4000 | fax 404 816 3939 | www.naibg.com Suite 1100 | 5555 Glenridge Connector | Atlanta GA 30342Information is deemed from reliable sources. No warranty is made as to its accuracy.
Cubicle AreaExecutive Offices
Conference RoomCafeteria
Six| Case Studies
(“Like Kind Real Estate”)
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Case Studies
CASE STUDY
Property Information Building Address: 975 Progress Center Avenue Lawrenceville, GA 30043 Building Square Footage: 83,000 SF Office Square Footage: 7,000 SF Clear Height: 28’ Acreage: 8.67 acres Year Built: 1990 Building Type: Manufacturing Type Transaction: Long-Term Lease Party Represented: Building Owner Transaction Date: 2011 Comments Former Mercury Steel building. Representing ownership, the NAI Brannen Goddard Team completed a long-term lease with Specialty Rolled Metals. Like Subject Property, the building had heavy power, two 20-ton cranes and drive-in truck bays.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 2995 Evergreen Drive Duluth, GA 30096 Building Square Footage: 157,280 SF Office Square Footage: 15,000 SF Clear Height: 28’ Acreage: 8.3 acres Year Built: 1999 Building Type: Manufacturing/ Distribution Type Transaction: Long-Term Lease Party Represented: Building Owner Transaction Date: 2014 Comments NAI Brannen Goddard Team completed a 15-year lease with Ta Chen International’s Atlanta manufacturing facility which has three 25-ton cranes and drive-in bay.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 4075 Blue Ridge Industrial Parkway Norcross, GA 30071 Building Square Footage: 152,000 SF Office Square Footage: 15,000 SF Clear Height: 26’ Acreage: 9.70 acres Year Built: 1984 Building Type: Manufacturing Type Transaction: Long-Term Lease Party Represented: Building Owner Transaction Date: 2013 Comments Former O’Neal Steel manufacturing building that NAI Brannen Goddard Team completed long-term lease with Ryerson Tull Metals. Building had 3,000 amps power and two 20-ton crane.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 6154 Atlantic Boulevard Norcross, GA 30071 Building Square Footage: 184,548 SF Office Square Footage: 20,000 SF Clear Height: 23’-29’ Acreage: 10.69 acres Year Built: 1974 Building Type: Manufacturing/ Distribution Type Transaction: Long-Term Lease Party Represented: Building Owner Transaction Date: 2013 Comments Former Cardinal Health manufacturing facility. NAI Brannen Goddard Team completed long-term lease with Archway Solutions for their manufacturing location. Building has 1,600 amps power, drive-in bay and one 40-ton crane.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 2444 Meadowbrook Parkway Duluth, GA 30096 Building Square Footage: 222,524 SF Office Square Footage: 25,000 SF Clear Height: 22’ Acreage: 23.40 acres Year Built: 1991, Renovated 1993 Building Type: Manufacturing Type Transaction: Sale Party Represented: Building Owner Transaction Date: 2013 Comments NAI Brannen Goddard Team sold former Nexpak manufacturing plant to A & D Foods for their new headquarters. Building had 10,000 amps of power and multiple cranes.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 425 Horizon Drive Suwanee, GA 30024 Building Square Footage: 364,726 SF Office Square Footage: 40,000 SF Clear Height: 25’-30’ Acreage: 22.37 acres Year Built: 1991 Building Type: Manufacturing/Distribution Type Transaction: Multiple Sales Party Represented: Building Owner Transaction Date: 2014 and 2015 Comments Former Avon manufacturing building that NAI Brannen Goddard sold twice. Once to investor then to Suzanna’s Kitchen for their manufacturing plant. Building had 4,000 amps of power, HVAC in warehouse and multiple conveyor belts.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 2600 Pinemeadow Court Duluth, GA 30096 Building Square Footage: 176,910 SF Office Square Footage: 25,000 SF Clear Height: 40’ Acreage: 17.01 acres Year Built: 1989 Building Type: Distribution/Manufacturing Type Transaction: Sale Party Represented: Purchaser Transaction Date: 2010 Comments NAI Brannen Goddard Team sold to Suddath Van Lines in 2010. Building had 4,000 amps power and is the only other 40’ clear height building in Northeast Atlanta.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 6575 Jimmy Carter Boulevard Norcross, GA 30071 Building Square Footage: 197,558 SF Office Square Footage: 10,000 SF Clear Height: 28’ Acreage: 9.00 acres Year Built: 1978 Building Type: Manufacturing/Distribution Type Transaction: Sale Party Represented: Building Owner Transaction Date: 2010 Comments NAI Brannen Goddard Team sold to Maxzone Auto Parts Corp. Building had two large drive-in bays. 5,000 amps power and two 40-ton cranes.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 6582 Peachtree Industrial Boulevard Norcross, GA 30071 Building Square Footage: 102,600 SF Office Square Footage: 10,000 SF Clear Height: 24’ Acreage: 6.95 acres Year Built: 1980 Building Type: Manufacturing/ Distribution Type Transaction: Sale Party Represented: Building Owner Transaction Date: 2014 Comments NAI Brannen Goddard Team sold to Cosmos Granite & Marble. Building had heavy power, drive-in bay and one 30-ton crane.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
CASE STUDY
Property Information Building Address: 4356 Communications Drive Norcross, GA 30093 Building Square Footage: 168,534 SF Office Square Footage: 30,000 SF Clear Height: 23’ Acreage: 5.81 acres Year Built: 1979 Building Type: Manufacturing/Distribution Type Transaction: Long-Term Lease Party Represented: Building Owner Transaction Date: 2012 Comments Former Scientific Atlanta building that NAI Brannen Goddard Team did long-term lease with Micro Meritex. Building had 12,000 amps power and multiple cranes.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
Six| Cases Studies
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Marketing Recommendations
Seven| Commission Structure/ Listing Term
New Lease with No Tenant Broker NAI Brannen Goddard receives 1st Month’s rent plus 4% of aggregate NNN rent New Lease with Tenant Broker Tenant Broker receives 1st month’s rent plus 4% of aggregate NNN rent NAI Brannen Goddard receives ½ month’s rent plus 2% of aggregate NNN rent Sale Commission Five percent (5%) of sale price to be split with Co-Broker (NAI Brannen Goddard understands selling is not Owner’s objective.) Listing Term 12 months
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Commission Structure
Eight| Why Hire Us
Experienced Marketing Team The Team’s combined industrial real estate experience of over 30 years in completing over 100 million square feet of tenant industrial/manufacturing leasing and sales transactions in Northeast Atlanta will provide the Owner with a seasoned proven Marketing Team. Top Atlanta Industrial Producers NAI Brannen Goddard Team is annually ranked as the Top Producing Industrial brokers in all of Atlanta (voted by the Atlanta Commercial Board of Realtors). Top Overall Producers at NAI Global The NAI Brannen Goddard Team is annually ranked as the Top Producing Brokers of all of NAI Global with over 375+ offices and 6,700 brokers.
Top Industrial Producers in Subject’s Submarket The NAI Brannen Goddard Team has personally completed 23 of the last 27 lease transactions in the Subject Property’s market and square footage range (see Section Three- Recent Lease Comparables).
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
We have strategically assembled a marketing team which will allow the Owner to leverage each member’s unique capabilities and focus by their expertise.
Nathan Anderson/Darren Butler/Robb Draughon
Darren Butler, Mitchell Brannen, Nathan Anderson Atlanta Commercial Board of Realtors Million Dollar Club Banquet, March 2015
2225 SKYLAND COURT
Why Hire Us?
Top Brokers in Leasing/Selling “Like Kind” Real Estate Over the last 10 years, the NAI Brannen Goddard Team has leased or sold 80% of the manufacturing/distribution facilities in the Subject Property’s market (see Section Six– Case Studies).
Eight| Why Hire Us
No Direct Competition None of the Marketing Team have any direct competitive properties, creating no conflicts of interest and making ALL primary competitors prospective targets. Team’s “Deal Making” Reputation in Market The NAI Brannen Goddard Team has unsurpassed relationships in the brokerage community, and they leverage those relationships during the canvassing of prospects. Aggressive, Aggressive, Aggressive The NAI Brannen Goddard Team does not believe in “passive” marketing. To stay ahead of the competition, we aggressively pursue tenants/buyers prior to the deals coming to market. Project Focus The NAI Brannen Goddard Team’s industrial portfolio is 98% leased. The bottom line is 2225 Skyland Court will be a Team focus, and we have the time and energy to get the job done.
Nathan Anderson 404.812.4020
Robb Draughon 404.812.4022
Darren Butler 404.812.4021
2225 SKYLAND COURT
Why Hire Us?