svn live 2 6-2017

© 2017 SVN International Corp.

WEEKLY PROPERTY BROADCAST

FEBRUARY 6, 2017

PRESENTERS

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WELCOME NEW SVN OFFICES

Market Areas

San Marcos and Hayes Counties, TX

314 E. HutchinsonSan Marcos, TX 78666512-805-8226

Peggy JonesManaging Director

Areas of Practice

Sales and Office,Lodging and Hospitality,

Multi-Family

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WELCOME NEW SVN ADVISORS SVN | Kahn Properties

Birmingham, ALKirk Pownall

SVN | AVAT Realty, LLC Huntsville, ALRoya Mosayebi

SVN | RealStar Advisors Scottsdale, AZAllen SandovalMike DiGangi

SVN | VanguardSanta Ana, CANicole Astorga

SVN | Asset Advisory GroupSan Diego, CAPaulina Rassavong

SVN | Denver CommercialDenver, COBriclyn Chase

SVN | Commercial Realty

Fort Lauderdale, FLBronco Vuskovich

SVN | Florida Commercial Real Estate AdvisorsFort Myers, FLCarlos Acosta

SVN | SouthLand Commercial Pensacola, FLBryan Morelock

SVN | Chicago CommercialChicago, ILAdam Napp

SVN | The Urbanek GroupPortland, MEAnthony ArmstrongRobert Baldacci

SVN | Northco Real Estate ServicesMinneapolis, MN

Edward Rupp

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WELCOME NEW SVN ADVISORS SVN | Rankin Company, LLC

Springfield, MODerek Williams

SVN | Performance Commercial Advisors Elizabeth, NJJulio Fuentes

SVN | Stora RealtyNew York, NYChris MagnowskiRudolph Biagi

SVN | Commercial Real Estate AdvisorsCharlotte, NCEmily ReederKassandra Brew

SVN | Percival PartnersCharlotte, NCMoises Castillo

SVN | Summit Commercial Real Estate Group, LLCAkron, OHMax Straus

SVN | Rock Advisors Inc., Brokerage

Burlington, ONNick Obradovic

SVN | Imbrie RealtyPortland, ORZachary Eyster

SVN | Imperial RealtyAllentown, PAAlexander WilsonSteven A. Wilson

SVN | Three Rivers Commercial AdvisorsPittsburgh, PALinda Heininger

SVN | BlackStream Greenville, SCDouglas PetersonZoe Bizinos

SVN | Fortune Real EstateEl Paso, TXNatalia Ramirez

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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/

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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

THIS IS THE START OF THE CONFERENCE WEEK

JUST AFEW DAYS

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ECONOMICTALKINGPOINTS Industrial outlook positive in

2017, according to CoStar

• CoStar reports that fundamentals in the industrial sector point to a positive 2017 in terms of absorption and rent growth: e-commerce distribution to be a leading

• Overall, the trends that propelled industrial in 2016 should continue at even a stronger pace due to faster GDP growth expected in 2017. Further, if infrastructure spending does in fact increase, this could boost markets previously less affected by trade and distribution gains.

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ECONOMICTALKINGPOINTS

• CoStar reports that 2016 will likely be another record year for multifamily investment sales and prices are continuing to grow, but that 2017 is more likely to see moderation in both the price and volume fronts given the high prices achieved thus far.

• Further, slowing rent growth and fears of hyper supply in some markets are more real than in prior years and thus investors are expected to take heed.

CoStar predicts that multifamily assets will trade less in 2017, and price growth will slow or even moderate slightly.

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February 6 – February 10, 2017EVENTS & WEBINARS

2017 SVN Annual Conference

Grand Hyatt Tampa Bay February 8th – 10th


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 | Denver Commercial

218 Wilcox StreetCASTLE ROCK, CO

RETAIL

3,582 SF

286.15

7.2%

1,025,000

KEVIN [email protected]

• Directly across from $60M mixed use development

• Sold at $50,000 over list price• Received 4 full price offers within 3 days of going

to market• Found out there was a big leakage in the CAM

collections-got buyer to accept

TROY [email protected]

Sale Price $

Size

Cap




SVN | Asset Advisory Group

7560 North AvenueLEMON GROVE, CA

MULTIFAMILY

11 Units

103,636

5%

1,140,000

KRISTA BERGER

[email protected]

• Off market deal found from expired CoStar listing• Financing fell through 10 days before close and

had to use hard money lender• One of the lowest price per unit properties sold in

the past 6 months• Part of a 2 property portfolio

BRE #01763777

$/Unit

Sale Price $

Size

$/SF $




SVN | David Cook Co, LLC

1046 Texan TrailGRAPEVINE, TX

OFFICE

10,200 SF

151.96

1,550,000

DAVID [email protected]

• Free standing office• 90 days list to close• Buyer will occupy• Minutes from DFW Airport

Sale Price $

Size

$ /SF $

Cap




SVN | Rich Investments

353 S. Palm Canyon DrivePALM SPRINGS, CA

RETAIL

5,927 SF

269.95

4.9%

1,600,000

JOHN STILES

[email protected]

760.323.4886

• High exposure location • 71 days list to close• Rent upside• Easy access

MARK SPOHN

[email protected]

310.933.1399

BRE# 00432221

BRE# 00816328

Sale Price $

Size

$ /SF $

Cap




SVN | Commercial Specialists

399 Lenoir DriveWINCHESTER, VA

INDUSTRIAL

30,245 SF

59.18

7.75%

1,790,000

JIM [email protected]

• Industrial investment property with NASDAQ listed company; 4 years remain on lease with one 5 year option

• Very clean warehouse on 3.27 acres with fenced yard• Only two showings through 10 months, no offers• Then received 3 competitive offers in one week• Called for highest and best offer- drove price from three offers of

$1,500,000 to a final offer of $1,790,000

KENT [email protected]

Sale Price $

Size

$ /Acre $




SVN | Commercial Real Estate Advisors

249 NC 16DENVER, NC

LAND

18.77 Acres

95,844.43

1,799,000

TOM [email protected]

• Limited market with limited appeal to other potential buyers

• Only one logical buyer who owns a multi-family property adjacent to this land

• Had to convince this buyer to purchase the land

Sale Price $

Size

$ /SF $

Cap




SVN | Deegan- Collins Commercial

108 North Front St. & 185 Green St. KINGSTON, NY

OFFICE

19,596 SF

94.02

6.98%

1,842,500

JOSEPH [email protected]

845.339.9100

• 2 separate buildings and tax ID parcels comprised of approx. 7,000 and 12,000 SF buildings; completely leased

• In historic uptown Kingston• Anchor tenant (M&T Bank and Predecessors) have been at this

location for over 25 years• Approx. 1 acre site with 46 parking spaces• NOI of $137,794 after allowing for $14,509 in vacancy allowance,

$14,034 in repairs and maintenance, $8,500 in reserves and $10,000 in management

Sale Price $

Size

$ /SF $

Cap




SVN | Northco

500 West Main StreetANOKA, MN

RETAIL

34,000 SF

77.94

8.36%

2,650,000

FRANK [email protected]

• 92% occupied retail and office property• 24,000 SF retail strip building• 10,000 SF office building• Seller and buyer represented separately by SVN |

Northco Advisors• SVN | Northco will continue to manage and lease the

asset

CHIRSTOPHER [email protected]

CHRIS [email protected]

JP [email protected]

Sale Price $

Size

$ /SF $

Cap




SVN | Commercial Realty

1160 Southwestern BlvdORCHARD PARK, NY

SELF-STORAGE

50,000 SF

82

6%

4,100,000

NICK [email protected]

• List to contract in 6 weeks• Three national buyers competing for the asset• Sales price was 98% of the list price• Independent broker co-listed property with Nick and

received 50% of the commission

Sale Price $

Size

$/SF $




SVN | Chicago Commercial

170 N. Halsted Street CHICAGO, IL

REDEVELOPMENT

18,000 SF

277.78

5,000,000

SCOTT [email protected]

• Another SVN|Chicago Commercial Fulton Market sale• Long time property owner• Purchased with adjacent property as part of an

assemblage• Developer plans a 14 story office building on the site


FEATURED INVENTORY

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FEATURED INVENTORY$49,875,000

BUY-SIDE COMMISSION$1,210,750

FEATURED INVENTORY FINANCIAL SUMMARY

Price $

Buy Side Fee $

Size

$ /Acre $




2.85 Acres

438,596.49

1,250,000

37,500

SVN | Dunn Commercial

2311 Crooked LaneSOUTHLAKE, TX

LAND

• Located in the city of Southlake, in the heart of the DFW Metroplex

• Southlake has one of the highest median household incomes in Texas and the US at $192,950

• 2.85 acres currently zoned residential• Proposed use in commercial, flex, and/or office• Adjacent to 2016 built office-commercial development as well as

Caroll ISD Dragon Stadium

AFRIM [email protected]

DAVID DUNN, SIOR, [email protected]

Price $

Buy Side Fee $

Size

$ /SF $

Cap




20,000 SF

63.75

4.7%

1,275,000

38,250

SVN | Landmark

1016 Airpark DriveSUGAR GROVE, IL

INDUSTRIAL

NEIL [email protected]

630.938.4950

• 20,000 SF flex building• Three existing tenants• 62.5% occupancy• One 7,500 SF vacant unit• 8.4% pro forma cap rate• Shared outdoor dock

Price $

Buy Side Fee $

Size

$ /SF $

Cap




28,000 SF

71.43

6.33%

2,000,000

50,000

SVN | Summit Commercial Real Estate Group, LLC

2007 Eastwood AvenueAKRON, OH

SELF-STORAGE

JERRY [email protected]

• Plus $600,000 for 3.48 acres of excess land that can be developed with more storage units or retail outlot pads

• 174 units• Built in 2002• Excellent condition and well-maintained• Gated facility with onsite security system

Price $

Buy Side Fee $

Size

$ /SF $




62,000 SF

40.32

2,500,000

75,000


29 W 100-700 Butterfield RoadWARRENVILLE, IL

OFFICE

JENNIFER [email protected]

• 35% occupied• 62,000 SF office complex• 6 leases renewed in January 2017• Well positioned property on Butterfield Road near downtown

Warrenville and I-88• $400,000 of property renovations completed in Q4 2016• Strong leasing activity• Located in a major commercial Chicago suburb 30 miles west of the

city

OLIVIA [email protected]

Price $

Buy Side Fee $

Size

$ /Acre $




33 Acres

96,969

3,200,000

96,000

SVN | Commercial Specialists

1 Grocery AvenueWINCHESTER, VA

LAND

• Shop ‘n Save, CVS, McDonald’s, bank, fire and rescue at intersection

• Just off Senseny Rd. with traffic light intersection• One mile from Winchester Golf Club• Two miles from downtown Winchester Walking Mall• Proffers call for a 55+ community with up to 10 units per acre• Multi-family, town homes, patio homes, and age assisted are all

allowed by right

JOHN [email protected]

KENT [email protected]

Price $

Buy Side Fee $

Size

$ /SF $

Cap




7,544 SF

424.18

6.34%

3,200,000

80,000

SVN | Renaissance Commercial

58709 Twentynine Palms Hwy.YUCCA VALLEY, CA

RETAIL

JON SOROKOWSKI

[email protected]

• Shops to Walmart Supercenter and the Home Depot• 100% occupied by National Tenants• New construction• Located in path of growth

BRE# 01079670

Price $

Buy Side Fee $

Size

$ /SF $

Cap




10,825 SF

300.23

5.4%

3,250,000

81,250

SVN | Rich Investment Real Estate Partners

825-849 North Lake BoulevardPASADENA, CA

RETAIL

TRAVIS ALBEE

[email protected]

• 100% occupied• 6.7% pro forma cap rate• Approximately 10,825 SF of retail space• 29,053 SF lot• Located within two blocks from 210 freeway

BRE# 01871289

DAN NEWMAN

[email protected]

BRE# 01304677

TILDEN MOSCHETTI

[email protected]

BRE# 01933142

Price $

Buy Side Fee $

Size

$ /SF $

Cap




17,000 SF

347.06

5.83%

5,900,000

147,500

925 Broadbeck Dr. NEWBURY PARK, CA

RETAIL

• New building in prime location• Wells Fargo as anchor tenant• Long-term tenant history• High traffic count with excellent frontage• Excellent parking

SVN | Rich Investment Real Estate Partners

TRAVIS ALBEE

[email protected]

BRE# 01871289

JEFF ALBEE

[email protected]

BRE# 00969071

TILDEN MOSCHETTI

[email protected]

BRE# 01933142

Price $

Buy Side Fee $

Size

$ /SF $

Cap




16,954 SF

265.42

5.9%

4,500,000

135,000


43 E. Jefferson Ave.NAPERVILLE, IL

MIXED USE

JOHN [email protected]

• 68.8% occupied• Mix of retail, restaurant and office• Expansion possible• Downtown Naperville (CBD)• Across from parking deck• One of Chicago’s strongest submarkets

Price $

Buy Side Fee $

Size

$ /SF $




69,300 SF

82.97

5,750,000

115,000

SVN | Walt Arnold Commercial Brokerage

4580 Paradise Blvd. NWALBUQUERQUE, NM

OTHER

PATTI [email protected]

505.503.2638

• Prime NW location• Quick access throughout the city• 335 parking spaces; 4.9/1,000 ratio• 5.5 acres• Fully sprinklered• Ideal call center space

HUNTER [email protected]

505.503.2637

JOEL WHITE, [email protected]

505.503.2634

Price $

Buy Side Fee $

Size

$ /SF $

Cap




49,111 SF

172.06

7%

8,450,000

211,250

SVN | Gold Dust Commercial Associates

1362 N. Hwy 395GARDENERVILLE, NV

RETAIL

GREG [email protected]

775.450.5779

• Price just reduced• 49,111 SF of gross building area• Actual 2016 NOI of $590,423• Current occupancy rate of 92.05%• Average household income of $71,164 within 5 mile

radius• Average daily traffic count over 21,000

IAN COCHRAN, [email protected]

775.225.0826

Price $

Buy Side Fee $

Size

$ /SF $

Cap




30,528 SF

281.71

8.3%

8,600,000

144,000

SVN | David Cook Co, LLC

5932 QuebecFORT WORTH, TX

RETAIL

DAVID [email protected]

972.387.5600

• Multi-tenant NNN Leased Property• 80% strong national tenants• 96.2% leased• Very stable occupancy• Shadow anchored by Best Buy, 24 Hour Fitness & Lowes

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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 2 6-2017

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