svn live 1-30-2017

© 2017 SVN International Corp.

WEEKLY PROPERTY BROADCAST

JANUARY 30, 2017

PRESENTERS

Please remember to click the microphone icon

white to UNMUTE your line just before

your presentation.

UNMUTE

Upon conclusion, please click the

microphone icon red to MUTE

your line.

MUTE


www.svn.com

PAGE |


WELCOME NEW SVN OFFICES

Jerry LoCocoManaging Director

Market Areas

Yuma County, AZ

71 W. 2nd StreetYuma, AZ 85364928-919-6544

Denelle LoCocoManaging Director

Areas of Practice

Sales and Leasing, Office,Retail, Multi-Family

and Industrial

www.svn.com

PAGE |


BOSTON 2017March 28th-31st

Registration now open!

SVN|Jumpstart is designed to provide SVN franchisees and their Advisors with the information they need to utilize the tools, systems, and research available to their advantage. These courses are available both online and in person.

Registration information can be found on the SVN Dashboard (my.svn.com) or on SVN.com (svn.com/svn-jumpstart)

Space is limited, so REGISTER today!

NOTE: Completion of the SVN System for Growth "SVN | Jumpstart® Prerequisite" courses is required.

SVN | JUMPSTART®

http://my.svn.com/

http://svn.tortal.net/

www.svn.com

PAGE |


TAMPA, FLFEBRUARY 8-10, 2017

Register TODAY for the2017 Annual Conference in Tampa!

Registration is available through the weekly SVN Events email, the Conference Registration reminder

email and on the Dashboard (my.svn.com).

SVN ANNUAL CONFERENCE

LEFT TO REGISTER FOR THE CONFERENCE

1 UNTIL THE START OF THE CONFERENCE WEEK

JUST AFEW DAYS

www.svn.com

PAGE |


ECONOMICTALKINGPOINTS

Commercial real estate lending expected to grow in 2017, but not as robustly as before

• The recent Mortgage Bankers Assoc. Commercial Real Estate Finance survey indicated that 63% of commercial mortgage firms expect to grow originations in 2017, this is down from 90% last year.

• The greatest “uncertainty” is what regulatory changes a Trump administration may produce; many are hoping for a reduction of items placed into law by Dodd-Frank, but some just want simple stability.

www.svn.com

PAGE |


ECONOMICTALKINGPOINTS

• CoStar analysts predict that suburban and second-tier office markets will outperform CBD and major markets in terms of rent growth in 2017; accelerating a trend that started in 2016.

• Investors making acquisitions in 2017 should consider these suburban and second-tier markets closely as they typically trade at higher cap rates and thus may provide higher yields and total returns.

CoStar predicts growth in Office sector to shift to suburban, second-tier markets in 2017

www.svn.com

PAGE |


JANUARY 30 – February 4, 2017EVENTS & WEBINARS

Tuesday, January 31st

MULTIFAMILY COUNCIL (SVN CANADA) Call 9:00 am PT / 12:00 pm ET

Wednesday, February 1st

PROPERTY MANAGEMENT COUNCIL Call 1:00 pm PT / 4:00 pm ET


RECENTLY CLOSEDDEALS

Sale Price $

Size

$ /SF

Cap

*For qualified transactions, 50% of the gross commission to the buy side. 50 % O F THE CO MMI SSIO N | 1 00 % O F TH E T I ME* | TH E SV N D IFFERE NCE

PROPERTY HIGHLIGHTSPROPERTY DETAILS


SVN | Silveri Company

6885 North Whitehall RoadWHITEHALL, MI

RETAIL

9,026 SF

136.83

6.75%

1,235,000

PETER [email protected]

616.893.1398

• NNN Dollar General Investment• Sold in one day• Closed in less than 30 days

STEVE [email protected]

859.264.0888

SVN | Stone Commercial Real Estate

Sale Price $

Size

$ /SF

Cap




SVN | Commercial Realty

7331 NW 27 AvenueMIAMI, FL

INDUSTRIAL

29,923 SF

51.80

-

1,550,000

JOEL [email protected]

954.448.8531

• +/- 29,923 SF Miami multi-bay warehouse• Total of 6 separate bays• +/- 14,474 SF showroom & warehouse plus• 5 bays ranging from +/- 2,100 SF to +/- 5,625 SF• All bays are rented on a month-to-month basis• SVN | Commercial Realty was the broker in the

transaction

ANTHONY [email protected]

305.509.0412

Sale Price $

Size

$ /SF

Cap




SVN | Investment Property Advisors

973 South WashingtonHOLLAND, MI

RETAIL

11,200 SF

142.99

10%+

1,601,495

DAVID DE [email protected]

616.399.3955

• Sale for a Catholic Charity (Vic’s connection)• Unique deferred sale/ option with front & tail payments• Sold to regional developer (Dave’s connection)• Great multistate SVN teamwork

VIC [email protected]

888.236.1435

SVN | First Place Commercial Realty LLC

Sale Price $

Size

$ /SF

Cap




SVN | Encompass Commercial

8634 Old State RoadHILLSBORO, MO

RETAIL

9,100 SF

177.25

6.6%

1,613,000

STERLING [email protected]

816.436.4600

• Dollar General net leased property• Sold to an investment client with the

assistance of Peter Colvin

SVN | Silveri Company

PETER [email protected]

616.893.1398

Sale Price $

Size

$ /Acre $




SVN | Commercial Specialists

426 Kings HighwayFREDERICKSBURG, VA

RETAIL

1.19 Acres

1,730,712.61

2,059,548

CONRAD [email protected]

• Newly renovated Burger King• Sale and leaseback, 70 unit franchise operator• 19 year absolute NNN Lease• SVN represented buyer in second STNL purchase• Cash deal• Closed in less than 60 days

JIM [email protected]

Sale Price $

Size

$ /Acre $




SVN | Encompass Commercial

135th & PflummOVERLAND PARK, KS

LAND

30 Acres

180,013.33

5,400,400

STERLING [email protected]

• True SVN collaborative effort initiated by Mike Halimeh in Florida

• Ashley Bloom was brought in as part of the team to win the business

• Sterling Scott in Kansas City found the buyer, rezoned the property & closed the deal

• It was a two year team effort

MIKE [email protected]

ASHLEY [email protected]

SVN | Florida

Sale Price $

Size

$ /SF

Cap




SVN | Bluestone & Hockley

Bonneville Hot Springs Resort & SpaNORTH BONNEVILLE, WA

HOSPITALITY

99,215 SF

155.72

6%

15,450,000

BRIAN [email protected]

503.577.7710

• 78 guestroom resort within an hour of Portland, OR along the Columbia Gorge National Scenic Area

• Natural Mineral Hot Springs on-site• Will be re-purposed as a Drug & Alcohol Rehabilitation

Facility• Offering originally included 45 acres reduced to 34

acres to get deal done


FEATURED INVENTORY

www.svn.com

PAGE |


FEATURED INVENTORY$42,472,000

BUY-SIDE COMMISSION$853,118

FEATURED INVENTORY FINANCIAL SUMMARY

Price $

Buy Side Fee $

Size

$ /SF

Cap




34,375 SF

43.49

8%

1,495,000

37,375

SVN | The Martin Group Inc.

200 N. Main StreetEVANSVILLE, IN

RETAIL

SCOTT [email protected]

812.471.2500

• Houchens lease runs through 2019 with options through 2029

• Asking CAP is 8% based on lease in place• 9,375 SF available to create additional retail space• Recent streetscape upgrades in area

Price $

Buy Side Fee $

Size

$ /SF

Cap




24,350 SF

61.60

1,500,000

45,000

SETH MARINOFF

SVN | Motleys

[email protected]

804.822.3139

270 Enterprise DriveNEWPORT NEWS, VA

OFFICE/ INDUSTRIAL

TIM DUDLEY, CAI, [email protected]

804.822.3131

• Industrial warehouse and office facility• +/- 4.5 AC Zoned M-2• 24’ ceilings- 4 overhead doors; fully conditioned• Former press/printing facility• Built in 1992 - renovated in 2003• Located in the Oakland Industrial Park• Owner/user or investment opportunity

Price $

Buy Side Fee $

Size

$ /SF

Cap




49 Units

40,612/ Unit

9%

1,990,000

59,700

DOUG WILSON

SVN | Wilson Commercial Group, LLC

[email protected]

614.208.3881

3074 Howey RoadCOLUMBUS, OH

MULTIFAMILY

KRISTEN [email protected]

614.370.9077

• 100% leased turn key MUH portfolio• NOI $183,610• Call to offers: Due Wednesday February 1, 6:00pm EST• Columbus is #1 in the Midwest for population and job

growth; Top 10 in the nation in Millennial population growth

• Columbus has more than 50 universities and is home to more than 135,000 college students

Price $

Buy Side Fee $

Size

$ /SF

Cap




30,756 SF

81.12

8.75%

2,495,000

74,850

SVN | Trinity Advisors

1600 S. Cherry LaneWHITE SETTLEMENT, TX

RETAIL

JAMES [email protected]

817.288.5508

• Tenant mix of retail and service users• TPO roof and 3 rooftop HVAC installed in 2016• Surrounded by other retail anchors• 86% occupancy with upside in leasing

Price $

Buy Side Fee $

Size

$ /SF

Cap




27 Units

96,111/ Unit

6.58%

2,595,000

51,900

SVN | The Martin Group Inc.

700 E. Poplar StreetBOONVILLE, IN

MULTIFAMILY

SCOTT [email protected]

812.471.2500

• 55+ senior apartments nestled next to large park• Recent construction (2004-2007)• Low maintenance design with high end finishes• 98%+ historic occupancy

RANDALL [email protected]

812.471.2500

Price $

Buy Side Fee $

Size

$ /Acre $




50 Acres

57,380

2,869,000

86,070

SVN | Florida

19930 SW 93rd Lane RoadDUNNELLON, FL

LAND

BARTOW [email protected]

352.274.3800

• 151 finished lots• Grand Park north of Rainbow Springs• City water/sewer• .3 acre lots• Next to Rainbow Springs State Park

Price $

Buy Side Fee $

Size

$

Cap




148 Units

24,784

8.75%

3,668,000

73,360

CHRIS STUARD

SVN | The Martin Group

[email protected]

812.589.3368

1450 Luther SquareEVANSVILLE, IN

MULTIFAMILY

STEVE [email protected]

812.471.2500

• Located on 15 acre campus• Near regional medical center• Long term project based Section 8 for 29 units• 55 & older community• Great occupancy

ANDY [email protected]

812.573.3500

$/Unit

Price $

Buy Side Fee $

Size

$

Cap




205 Acres

24,341.46

4,990,000

149,700

Northern Bay Resort & Golf CourseARKDALE, WI

HOSPITALITY

• Located on beautiful Castle Rock Lake; 4th largest fresh water lake in Wisconsin and 15 min. from N of Wisconsin Dells

• 18 hole Championship golf course featuring 7 holes replicated from PGA Tour courses; Par 73; 7,223 yards from back tee

• 5,513 SF clubhouse with bar, dining area and banquet room• Rental pool management- more than 200 luxury condo units in

association (58 units in rental pool)• Tiki Bar with indoor and outdoor seating, sand volleyball court

and bocce ball

$/Acre

CAMERON PETERSON

SVN | Northco Real Estate Service

[email protected]

952.820.1688

FRANK JERMUSEK, [email protected]

952.820.1615

JASON [email protected]

952.820.1614

Price $

Buy Side Fee $

Size

$ /SF

Cap




14,739 SF

427.10

5.2%

6,295,000

110,163

SVN | MG Property Advisors, Inc.

102 N. Jack Tone RoadRIPON, CA

RETAIL

GARY GUSTAFSON

[email protected]

415.472.1660

• Primary lease expiration October 2031• Signalized corner location• High income Central Valley Town- high growth area• Absolute Net Lease (no lessor responsibilities)• Built in 2006• Strong sales history

BRE #00414569

Price $

Buy Side Fee $

Size

$ /SF

Cap




92,833 SF

157

7.75%

14,575,000

165,000

JOHN SHEFLIN

SVN | Denver Commercial

[email protected]

720.733.7541

3265 S. Wadsworth Blvd.LAKEWOOD, CO

RETAIL

MICHAEL [email protected]

720.773.7544

• 95% occupied with two anchor tenants and 31 total tenants

• Long-term lease with scheduled escalations• Excellent trade area, surrounded by rooftops with high

daytime population • High volume traffic counts in front of shopping center

www.svn.com

PAGE |


THANK YOU FOR JOININGUS FOR TODAY’S

THANK YOU

Please visit www.svn.com for more information on the properties featured on today’s call and

to view all of SVN’s active listings.

http://www.svn.com/

svn live 1-30-2017

Business