svn live™ open sales call 04-11-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Meeting
Date: Apr i l 11, 2016
Presenters:
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Please remember to hit *6 to unmute your line just before your presentation.
Upon conclusion, please hit *6 to mute your line.
*For qualified transactions, 50% of the gross commission to the buy side.
SVNIC Welcomes
SVN | Kahn Properties
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Market Areas: Jefferson and Shelby Counties, ALAreas of Practice: Investment Sales, Multifamily, Retail and Retail NNN
Years of Experience: 33 Years
2012 Magnolia Avenue, R-11, Birmingham, AL 35205Phone: 205-933-7788
Gayle Kahn BelcherManaging Director
®
Welcome SVN’s Newest Advisors
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
SVN|AVAT Realty, LLC (Huntsville, AL)Michael D. Dake
SVN|Desert Commercial Advisors (Phoenix, AZ)Adolph E. Gonzalez, IVJonathan EckerdNicole IglehartVincente Cantua
SVN|RealStar Advisors (Scottsdale, AZ)Arthur Rullo
SVN|ArkBest Realty, LLC(Little Rock, AR)Jessica Kokinos
SVN|Rich Investment Real Estate Partners (Los Angeles, CA)Kevin CrossonRob ZahariaMarlena MagdalinMatthew BedfordTatiana Craivanu
SVN|Denver Commercial(Denver, CO)Brian McCririe
SVN|Florida Commercial Real Estate Advisors (Jupiter, FL)Barry Frette
SVN|SouthLand Commercial(Panama City, FL)Russell Enfinger, Jr.
SVN|Stone Commercial Real Estate (Lexington, KY)Nathan Dilly
SVN|Graham, Langlois & Legendre(Baton Rouge, LA)Tom Tanner
SVN|Stewart Commercial Group, LLC(Ann Arbor, MI)Michelle Grobler
SVN|Commercial Real Estate Advisors (Charlotte, NC)Spencer Crigler
SVN|Raven (Kent, WA)Andrew Hunter
SVN|Land Run Commercial(Oklahoma City, OK)Cameron EntesharyTroy Humphrey
SVN|Bluestone & Hockley(Portland, OR)Alexander Menashe
SVN|Imperial Realty(Allentown, PA)Sharon Sheldon
SVN|Dunn Commercial(Arlington, TX)Ross Ayesh
SVN|Norris Commercial Group(New Braunfels, TX)Russell Gallahan
SVN|TJF Investments(Dallas, TX)Shan Zaidi
SVN|Coast (Everett, WA)Josh Dohring
Two Talking Points
Hiring Continues Robust Growth in March
Office Market Fundamentals Improve in 1Q16
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Events & Webinars: April 11 – April 16, 2016
Meetings & Events this Week:
Wednesday, April 13th
Preferred Vendor Webinar: Cost Segregation Services, Inc.9 am PT / 12 pm ET
Medical Office Council Call12 pm ET / 3 pm ET
Saturday, April 16th
Saturday Call with John McDermott8:30 am PT / 11:30 am ET
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• +/- 9,722 SF Multi Bay Warehouse
• +/- 12,850 SF Corner Lot
• Total of Six (6) OH Doors
• Ample Parking
• Off Market Deal
• SVNCR Represented the Buyer
• Sold to Local Investor $1,000,000 | Just Closed
221 NE 65th Street | Miami, FL
Joel A. Kattan | 954.448.8531 | [email protected]
Anthony Peragine | 305.509.0412 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Transaction Highlights:
• +/-45,899 SF Warehouse
• +/- 5,000 - 7,000 SF of Office/Showroom Area
• Total of 11 Restrooms in Office and Warehouse
• 3 Phase Power | 2400 Amps
• 17' Clear Ceiling Height
• Total of Seven (7) Loading Doors:
• One (1) Double Wide Dock
• Two (2) Drive Up Ramps
• One (1) Double Wide Recessed Dock (22')
• One (1) Standard Dock Door
• Two (2) Recessed Docks (5')
• Four (4) Rear Rail Doors
• On Active CSX Rail
$2,775,000 | Just Closed
5150 NW 37th Avenue | Miami, FL
Joel A. Kattan | 954.448.8531 | [email protected]
Anthony Peragine | 305.509.0412 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Transaction Highlights:
• +/- 31,012 SF Warehouse
• Approximately 10% is comprised of New Offices
• New Windows & Central AC in Offices
• T-5 Lighting
• 3 Phase Electric
• 17' Clear Ceiling Height
• Total of Five (5) Dock Doors & One (1) Ramp
• New Roof
• Off Market Deal
• SVN Commercial Realty Represented Seller
• Record Breaking Sale - $96 PSF $3,000,000 | Just Closed
1395 E 11th Avenue | Hialeah, FL
Joel A. Kattan | 954.448.8531 | [email protected]
Anthony Peragine | 305.509.0412 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Transaction Highlights:
• New 15 year NNN Lease
• 6.75 cap
• Purchased by "The DG Fund"
$1,144,000 | Just Closed
Dollar General Investment. | Osakis, MN
Peter Colvin | 616.893.1398 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Transaction Highlights:
• New 15 year NNN Lease
• 6.75 cap
• Purchased by "The DG Fund"
$1,221,000 | Just Closed
Dollar General Investment. | Adrian, MN
Peter Colvin | 616.893.1398 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Transaction Highlights:
• NNN leased investment with 6
years left on initial term
• 8% cap rate
• Sold within $6,000 of list price
after 3 sale fails
$1,194,500 | Just Closed
521 N. 1st Ave. | Stayton, OR
Jennifer Martin | 503.588.0400 x 202 | [email protected]
Curt Arthur | 503.588.0400 x 201 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Office
Transaction Highlights:
• List to close in less than 90 days;
Represented both sides
• Multiple offers; sold at asking price
• 1031 buyer for whom we sold a
property; the first affordable housing
investment for Buyer; Seller repeat
client
• $30,000/unit – a high for small town
in Northeast Ohio$1,199,000 | Just Closed
450 Waterside Dr. | Canal Fulton, OH
Victor S. Voinovich Sr. | 888.236.1435 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
Transaction Highlights:
• List to close, less than 90 days.
• Multiple offers, value-add buyer; 40%
vacancy
• Negotiating a lease for half the vacancy
enabling the buyer to move forward
with purchase
• 102,750 sq.ft. - $12.65/sq.ft.
$1,300,000 | Just Closed
15684 Broadway Avenue | Maple Heights, OH
Victor S. Voinovich Sr. | 888.236.1435 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Transaction Highlights:
• Full Service Hotel With Restaurant
• Cash "As Is" Sale
• Numerous Title Issues
• Numerous Transfer Issues
• Three Week Closing Process
• Persistence Pays!
$1,900,000 | Just Closed
Clarion Inn | Michigan City, IN
Robert Pliska | 248-433-1400 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Hotel
Transaction Highlights:
• New client that is new to Real
Estate investments
• Headquarters for the Washoe
Tribe
• 2 office buildings with long term
tenants and long term leases
$2,150,000 | Just Closed
1246-1250 Waterloo Lane | Gardnerville, NV
Don Ellwanger BRE#01008217 | 916.456.8389 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
New Inventory:$33,005,000
Buy-Side Commission:$793,225
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Offering Highlights:
• ONLINE AUCTION MAY 5th-10th
• Datacenter/Disaster Recovery/Studio
• 14,259 SF office/warehouse
• Technology equipment in place
• Generator on site
• Central Phoenix location
• Starting bid less than 60% of AV
• www.phoenixdcauction.comAuction
2% | Buy Side Fee
Auction 3830 N. 7th St | Phoenix, AZ
David E. Gilmore | 504.468.6800 x 202 | [email protected]
Louis Fisher | 954.931.0592 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial
Offering Highlights:
• +/- 4,971 SF Auto/Marine Repair or Sales Bldg• Situated on +/- 24,658 SF Lot • Four (4) Remodeled Offices w/ Upgraded Finishes• Glass Enclosed Conference Room• Kitchen/ Break Room w/ Granite Counters• Total of Four (4) Restrooms: Three (3) Interior & (1)
Exterior • LED Lighting throughout Office • CCTV w/ DVR & HD Cameras• EXTERIOR: • One (1) Exterior Truck Lift • One (1) Interior Truck Lift • Four (4) Street Level Loading Doors• 8' Iron Fence Throughout Exterior of Property• Fully Paved Lot• High Power Exterior Lighting • Shadow Anchored by Walmart Superstore • Excellent Frontage to US-441 (NW 2nd Ave)
$2,000,000 | For Sale
$60,000 | Buy Side Fee
17440 NW 2 AVE | Miami Gardens, FL
Joel A. Kattan | 954.448.8531 | [email protected]
Anthony Peragine | 305.509.0412 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Offering Highlights:
• 24 units (2 bed - 1 bath)
• 100% occupied with waiting list
• Gross Income = $184,220 (2015
actual)
• Gross Expenses = $60,643 (2015
actual)
• NOI = $123,577 (2015 actual)
• Fully managed, Long-term manager
in place
$2,280,000 | For Sale
$68,400 | Buy Side Fee
1901, 1907 & 1913 2nd Street | Greeley, CO
Rhett Benjamin Strom | 970.692.4454 | [email protected]
Larry Hawe | 970.217.8483 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
Offering Highlights:
• Located in Anoka, Minnesota
• Currently 98% Occupied
• 24,124 SF Retail Shopping Center
• Separate 8,338 SF Office Component
• 60,000 VPD from 169/10 16,000 VPD Main St
• Prime Highway Access & Visibility
• 8% Cap Rate
• Additional Acreage available for townhome development (Priced separately) (Potential TIF)
$3,075,000 | For Sale
$92,250 | Buy Side Fee
Anoka Shopping Center | Anoka, MN
Frank Jermusek, JD | 952.820.1615 | [email protected]
Cameron Peterson | 952.820.1668 | [email protected]
Christopher Haas | 952.820.1649 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Retail
Offering Highlights:
• 108 Units
• 91% HAP Contract
• Consistently well occupied
• 2014 REAC Score 90b
• Many Recent Capital Improvements
$4,500,000 | For Sale
$90,000 | Buy Side Fee
3290 Hillcrest Road | Dubuque, IA
Cody Doran | 312.960.6766 | [email protected]
Reid Bennett, CCIM | 312.960.6762 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily
Offering Highlights:
• Centrally located to Denver, Boulder, and Fort Collins
• Residential Development Site - 92 acres
• Raw land
• Diversity of homes allowed to be built
• Water and sewer adjacent to property$6,900,000 | For Sale
$207,000 | Buy Side Fee
Waters Edge | Loveland, CO
Rhett Benjamin Strom | 970.692.4454 | [email protected]
Robert Hau | 970.217.4312 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Land
Offering Highlights:
• Existing Successful Flagged Motel
• Room Count 115/ 120 Entitled
• Unencumbered of Management
• Land Size: 2.38 Acres
• Hot for Redevelopment
• Traffic count: SR 436: 48,500
Westmonte Dr 5,300$7,000,000 | For Sale
$140,000 | Buy Side Fee
150 S Westmonte Dr. | Altamonte Springs, FL
Ali Mushtaq | 407.982.3976 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Hospitality
Offering Highlights:
• Well Designed Class A Medical Office Building
• Less than 1 Mile South of Centura St. Francis
North Hospital
• Adjacent to 6-acre Future Senior Housing
Project
• Excellent Frontage along Heavily Trafficked
Powers Boulevard
• Over 104k People & $81,489 Avg HH Income
within 3-Mile Radius
• 91% Occupied - 6.5% Cap Rate on Existing
NOI
$7,250,000 | For Sale
$135,575 | Buy Side Fee
6160 Tutt Blvd | Colorado Springs, CO
Troy Meyer| 303.217.7008 | [email protected]
Kevin Matthews| 480.720.5103 | [email protected]
Dean Corey | 303.217.7005 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Office
SVN.COM
Thank you for joining us!For more information about all of our listings please visit
www.svn.com