sperry van ness #cre national sales meeting 11-4-13
TRANSCRIPT
National National Sales MeetingSales Meeting
November 4, 2013November 4, 2013
NEW: NEW: Master Insurance Program FlyerMaster Insurance Program Flyer
Master Insurance Program Difference
Dispelling the myths: SVN’s Master Insurance Program
Master Insurance ProgramGreat Protection + Low Rates= The MIP Difference
SVNIC Welcomes our Newest AdvisorsSVNIC Welcomes our Newest AdvisorsSperry Van Ness/Founders Group(Myrtle Beach, SC)Joe Garrell
Sperry Van Ness Chicago Commercial(Chicago, IL)Jared ConenKate Meyers
Sperry Van Ness/Finest City Commercial(San Diego, CA)Greg de LiraMeghann Ruiz
Sperry Van Ness, LLC(Phoenix, AZ)Adam Lopez
Sperry Van Ness/Florida Commercial Real Estate Advisors(Jupiter, FL)Gregory Moore
Sperry Van Ness/South Commercial Real Estate Advisors(Miami, FL)Maria Agon McCarthy
Sperry Van Ness/AVR Commercial Real Estate Services(Houston, TX)Libby Cadillo
Sperry Van Ness/The Group Commercial(Fort Collins, CO)Rhett Strom
Sperry Van Ness /Commercial Real Estate(Liberty Township, OH)John Germek
Broker Boot CampBroker Boot Camp
Boot Camp is designed to give new to Sperry Van Ness Advisors the information they need to utilize the SVN systems, tools and resources. The 3-day event will be held in Irvine, CA. Breakfast and lunch will be provided each day. There will be an SVNIC hosted cocktail mixer on Wednesday evening.
**Advisors are responsible for their flight and hotel arrangements.
Dates: November 13, 14, 15Dates: November 13, 14, 15Location: Irvine, CALocation: Irvine, CA
SIGN UP TODAY!SIGN UP TODAY!Please contact [email protected] to reserve your space. Spots are limited.
This Week’s Upcoming EventsThis Week’s Upcoming EventsMonday, November 4th
Single Tenant Call(8:15am PT / 11:15am ET)
Wednesday, November 6th National Deal Making Call(8:30am PT / 11:30am ET)
Thursday, November 7th National Industrial Product Council Call
(1pm PT / 4pm ET)
Saturday, November 9th Saturday Call with John McDermott
(8:30am PT / 11:30am ET)
3118 Denvershire Drive | Belleville, IL
Just Closed!
$580,000
Dan [email protected], IL
Transaction Highlights:•All cash deal, quick DD and close•Over 12 offers procured•4 years remaining on lease term
Sean [email protected], IL
325 Northampton Street | Easton, PA
Just Closed!
$900,000
Tom Skeans, [email protected], PA
Transaction Highlights:•Sold to the city•In and out of agreement 3 times•Difficult size/dimension for retail•Going to be the headquarters for the Easton Farmers’ Market
Debby Skeans, CCIM, [email protected], PA
1650 Sawtelle Blvd. | Los Angeles, CA
Just Closed!
$1,500,000
Brian [email protected] Angeles, CA
Transaction Highlights:•Prime West LA Location•Buyers 1031 Exchange•Purchased by a Developer along with the Adjacent Property
Michael [email protected] Angeles, CA
6361 Garden Road | Maumee, OH
Just Closed!
$1,535,000
Doug Wright, [email protected], OH
Transaction Highlights:•38 large Townhouse units •6 offers received •Sale settled a family estate•Excellent upside opportunity for the buyer
John Aubry, [email protected], OH
1652 Sawtelle Blvd. | Los Angeles, CA
Just Closed!
$2,000,000
Brian [email protected] Angeles, CA
Transaction Highlights:•Prime West LA Location•Buyers 1031 Exchange•Purchased by a Developer along with the Adjacent Property
Michael [email protected] Angeles, CA
Chenault II | Carrollton, TX
Just Closed!
$2,050,000Transaction Highlights:•40,389 SF Industrial Flex•Sales Price @ $50.76 per SF•5 & 10 Yr. IRR @ 29% & 22%•Going in Cap Rate @ 8.59%•Going In Cash-on-Cash 13.09%•Third Time Sale of this property•1031 Exchange with Local Buyer and Honolulu SellerBruce Marshall
Palmer Court Apartments | Baltimore, MD
Just Closed!
$2,500,000
Justin [email protected], MD
Transaction Highlights:•Distressed Asset•Short Sale•1031 Exchange•CA Based Buyer
Just Closed!
$3,150,000
Applebee’s NNN Investment | Greenacres, FL
Robert [email protected], FL
Kevin Chin, CCIM415-922-2900 [email protected] Francisco, CA
Wen [email protected] Francisco, CA
Transaction Highlights:•NNN Investment 1031 Buyer•6 Cap•List to close 17 months•Had to deal with possible Bankruptcy, sale to new Franchisee and lease renegotiation
Walgreens | Huntsville, AL
Just Closed!
$4,980,244
Terri Dean, [email protected], AL
Transaction Highlights:•Brand new NNN Walgreens•20 year initial term•5.32% CAP Rate
Neil Victor, [email protected], AL
Andrew [email protected], AL
Ava [email protected], AL
551-581 McIntosh Street | Chula Vista, CA
Just Closed!
$9,175,000
Peter [email protected] Diego, CA
Transaction Highlights:•53 year old property consisting of 120 small studios and one bedroom units•Buyer assumed above market CMBS loan at 6.4% interest due in 2016•Considerable deferred maintenance•Over $200 per square foot, 6.2% CAP rate
Transaction Highlights:•Corp. headquarters to the fastest growing direct sales company•High profile location with 100% air conditioned warehouse, customer care & corp. headquarter office space in two buildings: 81,238 SF and 66,248 SF •This transaction is the largest SF total leased within the development in the past year. Publicized in AZRE, BREW, & Globe St.•Origami Owl has been featured in multiple local and national media stories detailing the success of the living locket jewelry concept started by Bella Weems at age 14
Origami Owl | Chandler, AZ
Just Leased!
$9,176,356.06
Mary [email protected], AZ
Rommie [email protected], AZ
Total Inventory:Total Inventory:$36,355,000$36,355,000
Gross Fee Buy Side:Gross Fee Buy Side:$903,750$903,750
$250,000 | Minimum Bid
3% | Buy Side Fee
Tim Dudley, CAI, [email protected], VA
1001 N. Fairfax Street | Alexandria, VA
Offering Highlights:•Auction: December 17th at 11am•4,531± SF•22 x 16 entry area for customer reception•350± SF private office off reception area•500± SF private office with interior foyer entry•Unit owner/ occupant fitness center with lockers shower rooms on 1st floor•11 underground parking spaces/Ample on-street parking•Website: http://svn.re/1duq6kJ
Pete [email protected], VA
$850,000 | For Sale
$25,500 | Buy Side Fee
Dollar General NN Leased Investment | Houghton Lake, MI
Offering Highlights:•9,014 SF•8 +/- years left plus renewals•Very nice resort area•Only 5 years old•Will sell fast•Website: http://svn.re/1hx2M8F
Peter [email protected] Rapids, MI
David De [email protected] Rapids, MI
$1,200,000 | For Sale
$36,000 | Buy Side Fee
Justin [email protected], AZ
Pro-One Plaza | Glendale, AZ
Offering Highlights:•Lender-Owned•$1,200,000 - $50 PSF•Five Buildings Totaling ±24,000 SF•Approximately 2.25 Acres•±51% Occupancy•Each Building Separately Parceled•Website: http://svn.re/1ixQmLwNeil Sherman
Nicole [email protected], AZ
Tony [email protected] Diego, CA
$1,300,000 | For Sale
$39,000 | Buy Side Fee
Judy [email protected], AZ
805 N. McQueen Road | Mesa, AZ
Offering Highlights:• For Sale: Land, Building, FF&E and Business•Building Built in 1991, Completely Renovated in 2012•3,200 SF Building, 1.08 Acres•High Traffic Location: Approximately 60,000 Cars per Day•Abundant Parking•Two Highly Visible Monument Signs•NEC Guadalupe & McQueen (Mesa Drive)•Website: http://svn.re/1f6SvOf
$1,320,000 | For Sale
$52,800 | Buy Side Fee
Darrell Hoover949-423-6990 [email protected], CA
44 Residential Lots | San Jacinto, CA (Riverside County)
Offering Highlights:•$30,000 per paper lot•Tentative Map approval for 44 home sites•Gated entry on Ramona Blvd, a center divided road•1,300-1,750 SF homes•On Ramona Blvd, a major divided hwy•Conveniently located between two main transportation corridors, the 10 & 215 freeways•City of San Jacinto is a prime destination for fast track development of affordable housing•Website: http://svn.re/1aX3HsE
Tanya [email protected], CA
$1,570,000 | For Sale
$47,100 | Buy Side Fee
Kevin [email protected], CO
Tri-Lakes Medical Building | Monument, CO
Offering Highlights:•9,209 SF•7.75% cap rate•Class A Medical Office Building In Affluent Submarket•Primary Tenant on NNN Lease with 8 Years Remaining•Tremendous Location Along I-25•Situation on Pad Site of Busy Safeway Anchored Retail Center•Priced Below Replacement Cost - No Barrier to New Financing•Website: http://svn.re/1ara7p1
Dean [email protected], CO
Troy [email protected], CO
$1,575,000 | For Sale
$47,250 | Buy Side Fee
Conrad Koneczny, [email protected], VA
40 W. Jubal Early | Winchester, VA
Offering Highlights:•13,800 SF•Location – location - location•Most positive identification and access•Open interior for adaptability for new user•Well maintained with high efficiency electrical and HVAC•Loading dock and passage door at rear of building•Website: http://svn.re/1iyaRI2
$1,575,000 | For Sale
$47,250 | Buy Side Fee
Matthew Rotolante, CCIM, [email protected], FL
11920 NW 87th Ct. | Hialeah Gardens, FL
Offering Highlights:•21,000 SF Warehouse with 2,700 SF of Office Space•4 Dock High Loading Doors, with a Removable Duraramp.•Heavy 3 Phase Power•.84 Acre / 36,584 SF Lot•Outside Wellfield•Secure Property with Perimeter Fencing•Can be divided into separate units of 10,500 SF each. •Website: http://svn.re/19fBxMg
$1,800,000 | For Sale
$54,000 | Buy Side Fee
John [email protected] Angeles, CA
1550 E. Amado Road | Palm Springs, CA
Offering Highlights:•2.8 Acres•Great Central Location•Good Street Exposure•Receptive Planning Department•Website: http://svn.re/1805Se2
$1,995,000 | For Sale
$59,850 | Buy Side Fee
Adam Bryant, [email protected], GA
41 Park of Commerce Way | Savannah, GA
Offering Highlights:•10,912 SF•Single Tenant Office NNN Investment•Existing lease in place through June 2018•NOI (Year 1): $160,454.60•Capitalization Rate: 8%•Tenant: The American Red Cross•3% Annual Escalations•Website: http://svn.re/16P5rIB
James [email protected], GA
$1,850,000 | For Sale
$55,500 | Buy Side Fee
Harry Botkin, CCIM, [email protected] Braunfels, TX
Mission Village Apartments | Mission, TX
Offering Highlights:•40 Units•Great location -- fantastic economic growth •Durable and dependable cash flow. Consistent income and stable occupancy•Park-like property -- mature landscaping•Well constructed and attractive buildings•Near shopping and HEB grocery•Website: http://svn.re/16yveVs
$9,300,000 | For Sale
$186,000 | Buy Side Fee
Hunter [email protected], NM
Albuquerque Office Complex | Albuquerque, NM
Offering Highlights:•323,541 SF•Business Park Environment - Campus Setting•Adjacent to Albuquerque Int'l Sunport & KAFB•1,225 Parking Spaces•2 Auditoriums•Website: http://svn.re/19F5IvO
Joel White, [email protected], NM
Patti [email protected], NM
$1,310,000 | For Sale
$39,300 | Buy Side Fee
Jay Taylor, [email protected], NC
Cardinal Office Building | Fayetteville, NC
Offering Highlights:•27,410 SF•Located in downtown Fayetteville minutes away from Interstate 95•Priced at $48 per square foot•10% cap rate on 2012 actual NOI•Cash on cash return of 17.21%•Website: http://svn.re/HuuyoX
Richard Bowen, CCIM, [email protected], NC
$10,710,000 | For Sale
$214,200 | Buy Side Fee
Jay Taylor, [email protected], NC
Miller Motte Technical College | Wilmington, NC
Offering Highlights:•80,597 SF•Net leased investment property for sale•Credit anchor tenant through 2021•Second tenant renewed for 5 years in 2012•Upside in stabilizing the smaller building in the rear•Website: http://svn.re/16OTS4h
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