sperry van ness #cre national sales meeting 1-6-14
DESCRIPTION
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Visit www.svn.com/mondaycall if you would like to attend our weekly call which we open up to the brokerage community.TRANSCRIPT
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM
Monday National Sales Call J an uar y 6 , 2 0 1 4
SVNIC Welcomes our Newest Advisors
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
SVN/AVAT Realty, LLC (Huntsville, AL) Angie Raetz SVN/The Hintze Group (Glendale, WI) Paul Weise SVN/Miller Commercial Real Estate (Salisbury, MD) Raymond Adkins SVN/Stewart Commercial Group, LLC (Ann Arbor, MI) Joel Skene
SVN/MG Property Advisors, Inc. (San Rafael, CA) Mike Tokerud SVN/Florida Commercial Real Estate Advisors (Boynton Beach, FL) David Whitmore (Orlando, FL) Brenda Smith Alvarez SVN/Land Run Commercial (Oklahoma City, OK) Drew Dozier Chad Elmore
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
CONFERENCE HIGHLIGHTS, INCLUDE:
• Deal making & networking opportunities
• Meet the teams behind the latest CRE
technology
• Hear from world-class influencers &
speakers
• Check out our informational breakout
sessions (Geared toward new advisors,
seasoned advisors and staffs)
• Attend our Awards Ceremony
OUR SPEAKERS:
Mike Lipsey CRE International Leader & Consultant Glenn Morshower Actor, Producer & Motivational Speaker Dr. Sam Chandan CEO & Founder of Chandan Economics
attended has resulted directly in some way with closing a piece of business within 6
Diana L. Parent Managing Director SVN | Parke Group, Fort Wayne, Indiana
Early Bird Rate
Ends 1-15-14
Events & Webinars: January 6 - 11, 2014
Website
Weekly Recurring Meetings: Single Tenant Call
Every Monday at 8:15 am PT / 11:15 am ET
Meetings & Events this Week: Monday, January 6th
National Hospitality Council Call (11 am PT / 2 pm ET)
Wednesday, January 8th
National Medical Office Council Call (12 pm PT / 3 pm ET)
Thursday, January 9th
SVN Corporate Services Webinar Series #1 (8:30 am PT / 11:30 am ET)
Saturday, January 11th
Saturday Call with John McDermott (8:30 am PT / 11:30 am ET)
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Parkview Oncology Center | Fort Wayne, IN
PM Contract Highlights:
• 44,433 Square Feet
• Full Service Contract PM, Leasing & Maintenance
• Located on Parkview Hospital Campus Credit Hospital
• Class A Medical Office Space
• Located in the Heart of a Regional Medical Corridor
Property Management Contract
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Diana Parent, CCIM | 260.489.8500 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Dollar General NN | White Cloud, MI
Transaction Highlights:
• 6 years left on lease
• 8.64% cap rate
$625,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Peter Colvin | 616.893.1398 | [email protected]
David De Maagd | 616.399.3955 | [email protected]
Jiffy Lube NNN | Anderson, IN
Transaction Highlights:
• 7 years left on lease
• 8.5% cap rate
$700,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Website
*For qualified transactions, 50% of the gross commission to the buy side.
David Cook, SIOR, SEC | 972.387.5600 | [email protected]
Peter Colvin | 616.893.1398 | [email protected]
David De Maagd | 616.399.3955 | [email protected]
Bob Horn, CPM | 317.873.9500 | [email protected]
Harry Kennerk | 317.873.9500 | [email protected]
Jiffy Lube NNN | Noblesville, IN
Transaction Highlights:
• 7 years left on lease
• 8.5% cap rate
$750,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
David Cook, SIOR, SEC | 972.387.5600 | [email protected]
Peter Colvin | 616.893.1398 | [email protected]
David De Maagd | 616.399.3955 | [email protected]
Bob Horn, CPM | 317.873.9500 | [email protected]
Harry Kennerk | 317.873.9500 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
18641-45 W. Creek Drive | Tinley Park, IL
Transaction Highlights:
• SVN represented the buyer and seller
• Buyer was an existing tenant in space. Previous broker never called them
• Buyer cut his monthly payment in half by purchasing instead of renting
$950,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Brian Kochendorfer | 312.676.1868 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
1114 W. Randolph Street | Chicago, IL
Transaction Highlights:
• Off-Market Deal
• Sold to the Neighboring Property Owner
• SVN Only Broker in the Transaction
• 6.5% cap rate
• Single tenant net leased deal
$1,050,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Scott R. Maesel | 312.676.1860 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
910 E. Osborn Road | Phoenix, AZ
Transaction Highlights:
• Fully Vacant Freestanding Office Building
• All Cash Investor Purchase
• Open to Close in One Week
• Listed for less than 45 Days
$1,162,250 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Justin Horwitz | 480.425.5518 | [email protected]
Nicole Ridberg | 480.425.5514 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
2900 Milton Avenue | Janesville, WI
Transaction Highlights:
• 1031 Buyer
• Institutional Owner
• Sold at 6.4cap- 98% of asking price
• NN lease on an older building
$1,650,750 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Dan Elliot | 312.529.5792 | [email protected]
Sean Lutz | 312.529.5790 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Bellagio Apartments | Brentwood, CA
$2,490,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• $311,250 Per Unit
• 3.9% Cap
• 14.5 GRM
• Prime Location
Brian Heller | 310.500.1234 | [email protected]
Michael Chang | 310.903.4967 | [email protected]
1950 E. 17th Street | Santa Ana, CA
Transaction Highlights:
• Nice property but not an easy deal; listed over 2 years with another local broker
• 2/3 vacant
• Deferred maintenance; obsolete systems; code violations; pending lawsuit; liens
• Seller had virtually no diligence materials, documents, keys, computer, or interest in negotiating anything
$4,000,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Barbara Kreis | 619.985.5592 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Chandler Heights Retail Project | Chandler, AZ
Transaction Highlights:
• Last sold to high-profile developer as raw land for $7,500,000
• $5,000,000+ invested in existing entitlements and improvements
• 16.57 acres strategically located in red-hot S.E. Valley
• Seller financing at 7% interest-only with all interest accruing to maturity date of loan
• Contract to Close in 7 days.
$4,450,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Neil Sherman | 480.425.5504 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Galleria Row Apartments | Los Angeles, CA
Transaction Highlights:
• Prime Silverlake Location
• 4.74% Cap
• 12.18 GRM
• $171,759 Per Unit
• 60-Day Close
$9,275,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Kanna Sunkara | 213.458.1562 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Summit Watch Condo Retail | Park City, UT
Transaction Highlights:
• Assembled $4,000,000 Cash and $7,500,000 of 7 Year Debt @ 2.92% as GP for acquisition of this downtown
most successful Time Share Property in the country.
• Hong Kong, Honolulu, and Oklahoma City Investor Partners
• Project 93% Occupied built in 2000
• 44,341 SF Sale @ $241 per Sq. Ft.
• 5 & 10 Yr. IRR @ 40% & 28%
• Going in Cap Rate @ 7.5%
• Going In Cash-on-Cash 8.09%
$10,700,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Bruce Marshall | 214.261.6306 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
New Inventory: $55,543,375
Buy-Side Commission:
$1,359,012.02
Website
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$795,000 | For Sale
$19,875 | Buy Side Fee
550 Nevada Way | Boulder City, NV
Michael Boscia | 702.810.6707 | [email protected] Offering Highlights:
• 3,543 SF
• Point Location into Historical Downtown District
• 100 % Occupied with Three Tenants
• Upside Potential by Converting Storage Area to Rental Space
• One of larger lots in the Historical District with Under Utilized Land.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$899,000 | For Sale
$26,970 | Buy Side Fee
Frankford Gardens Apts. | Baltimore, MD
Justin Verner | 410.960.3962 | [email protected] Offering Highlights:
• 12 Units
• Certified Lead Free
• All Units Have Been Updated
• Forced Heating/Air
• Self Contained Units
• Close Proximity to I-95 and Mass Transit
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$949,000 | For Sale
$23,725 | Buy Side Fee
Medical Office Building | Lancaster, CA
Daniel Glaser | 310.500.3323 | [email protected] Offering Highlights:
• 17,580 SF
• Bank-owned Property
• Vacant Medical Office Building
• Development Opportunity
• Low Cost per SF - $53.98
• 17.83% Pro Forma Cap Rate at Market Rents
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$1,120,000 | For Sale
$33,600 | Buy Side Fee
270 Larkin Drive | Wheeling, IL
| 312.789.4864 | [email protected] Offering Highlights:
• 16,242 SF
• Quality Flex Industrial Property
• Close proximity to major highways
• Owner unit available with high-end finishes
• 63% Occupied
• Long term tenants
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$1,199,000 | For Sale
$35,970 | Buy Side Fee
9612 East Sprague Avenue | Spokane, WA
Shiva Monify | 310.476.7653 | [email protected]
Art Thomson | 425.405.1337 | [email protected] Offering Highlights:
• 35,218 SF
• Great Investment Opportunity
• Priced Below Replacement Cost
• Great Upside Potential in Rents
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$1,200,000 | For Sale
$36,000 | Buy Side Fee
Ste. Genevieve Warehouse | Sainte Genevieve, MO
Tim Roth, CCIM | 417.887.8826 | [email protected]
Joseph Wise | 417.838.1188 | [email protected] Offering Highlights:
• 93,000 SF
• Priced under $13 per SF
• Easy access to St. Louis, Illinois, Arkansas, Tennessee, Kentucky.
• 8.34 Acres
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$1,659,550 | For Sale
$49,786.50 | Buy Side Fee
Mira Vista Office Park | Lewisville, TX
Dan Morris | 817.640.9964 | [email protected]
Greg Morris | 817.995.3447 | [email protected] Offering Highlights:
• 3.02 Acres
• Seven lots available for sale
• Listing price is for all seven lots
• For 2,400 SF - 5,600 SF Buildings
• Owner will do a build-to-suit on lot 3
• Lot 3 will accommodate a 2,400 sf building
• Individual lots are available, prices vary.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$2,282,493 | For Sale
$45,649.86 | Buy Side Fee
2000 Cypress Crossing Drive | Orlando, FL
Gail Bowden | 941.343.4515 | [email protected]
Mike Migone, CCIM | 941.487.6986 | [email protected] Offering Highlights:
• 6,400 SF
• Prime Location
• Quality Medical Tenancy
• A Class Structure
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$2,884,333 | For Sale
$57,686.66 | Buy Side Fee
10437 Moss Park Road | Orlando, FL
Gail Bowden | 941.343.4515 | [email protected]
Mike Migone, CCIM | 941.487.6986 | [email protected] Offering Highlights:
• 6,400 SF
• Class A medical
• Free Standing
• 100% occupied
• Credit Tenants
• Prime Medical City Location
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$2,920,000 | For Sale
$87,600 | Buy Side Fee
| Raleigh, NC
Jay Taylor, CCIM | 919.233.8077 | [email protected] Lisa Thomas | 919.233.8077 | [email protected] Offering Highlights:
• 35,146 SF
• Excellent Investment Opportunity!
• Two buildings For Sale Operating at an approximately 95% occupancy rate consistently!
• 9% CAP Rate.
• West Raleigh Submarket - Convenient to all areas of the Triangle!
• Immediate access to numerous nearby amenities!
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$999,999 | For Sale
$29,999 | Buy Side Fee
1640 W. 18th Street | Chicago, IL
Offering Highlights:
• Well-Maintained Greystone in Pilsen Neighborhood (up and coming neighborhood)
• Large Skylight with Light Wells In Place
• Under-Utilized Space, Empty Storage Space on 4th Floor
• Great Potential : Value-Add Opportunity
• Steps to CTA Damen Pink Line Stop
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Angelo Labriola | 312.676.1870 | [email protected]
Paul Cawthon | 312.676.1878 | [email protected]
$3,500,000 | For Sale
$105,000 | Buy Side Fee
700 & 800 E. Roosevelt Rd. | Wheaton, IL
Angelo Labriola | 312.676.1870 | [email protected]
Paul Cawthon | 312.676.1878 | [email protected] Offering Highlights:
• 3.5 Acres with 420' of Frontage on Roosevelt Road
• Flexible C-3 Zoning
• Corner Location on Heavily Traveled Road
• Former Jeep/Dodge Dealership with 17,000 SF building on site
• Blocks from New Mariano's & planned Fresh Market
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$3,500,000 | For Sale
$105,000 | Buy Side Fee
Development Land | San Francisco, CA
Catherine House, CCIM | 415.464.6401 | [email protected]
Rita Meehan | 650.489.5795 | [email protected] Offering Highlights:
• Rare development opportunity in San Francisco
• 20,086 SF
• Immediately adjacent to the 50 acre Mercy Housing redevelopment.
• Outstanding access to major markets of downtown San Francisco/Mission Bay and San Mateo. Multiple public transportation options including: CalTrain, BART and light rail.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$4,385,000 | For Sale
$175,400 | Buy Side Fee
US Government Leased Office | Portfolio in OK
Matthew Levin, CCIM | 770.209.1700 | [email protected]
Chad Elmore | 405.231.5700 | [email protected] Offering Highlights:
• 5 building single tenant GSA offices
• 8-9 years remaining term
• Oklahoma USDA offices leased for an average of 23 years
• GSA has a 96% lease renewal rate
• New construction Energy Star rating
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$2,500,000 | For Sale
$62,500 | Buy Side Fee
1155 Cattlemen Road | Sarasota, FL
Bruce Dilges | 941.928.9291 | [email protected]
Gail Bowden | 941.343.4515 | [email protected] Offering Highlights:
• 27,900 SF
• Desirable Cattlemen Road frontage!
• Attractive, quality building
• High volume clear-span warehouse with 20'-25' eave height
• Excellent proximity and access to I-75
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$9,850,000 | For Sale
$197,000 | Buy Side Fee
509-611 Tamiami Trail N. | Venice, FL
Offering Highlights:
• 52 wet slips
• Direct frontage on ICW
• New floating docs, seawall and infrastructure
• Refueling station with two 10,000 double wall underground tanks
• Approx. 4'-5' water depth in basin
• Well known waterfront restaurant undergoing complete renovation
• Future potential for additional upland development
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Gail Bowden | 941.343.4515 | [email protected]
Bruce Dilges | 941.928.9291 | [email protected]
$2,600,000 | For Sale
$52,000 | Buy Side Fee
The Cloisters at Carolina Forest | Myrtle Beach, SC
Van Watts | 843.443.6999 | [email protected]
Andrew Vicens | 843.443.6999 | [email protected] Offering Highlights:
• 152 Units
• 12% CAP Rate
• Convenient Myrtle Beach location: only minutes from beaches, shopping, & entertainment
• Close to Coastal Carolina University and Conway Medical Center
• Onsite professional management
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
$12,300,000 | For Sale
$215,250 | Buy Side Fee
Carolina Forest Commons | Myrtle Beach, SC
Van Watts | 843.443.6999 | [email protected]
Andrew Vicens | 843.443.6999 | [email protected] Offering Highlights:
• 41 Acres
• Carolina Forest is a self-sufficient community
• New commercial projects in area include: Bojangles, McDonald's, Kangaroo Gas Station, Subway, Lowes Foods, CVS, Murphy Gas Station
• New single family listings since 2012 rose 15 percent. Closed sales jumped 43.5.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM
Thank you for joining us! For information about all of our listings please visit
www.svn.com