svn live™ open sales call 8-1-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Call
Date: August 1, 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.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
August 17-18, 2016 | Minneapolis, MNCOST = $279
Join your colleagues from around the SVN network to learn new ways to manage your office and build your SVN franchise. This year brings a new
keynote speaker and all new content with on optional Golf Day on the 19th.
Topics include gaining a better understanding of what is going on inside your Advisors’ minds, growing enterprise value, solidifying your exit strategy, and
hearing The SVN Difference presented like you’ve never heard it before.
Register Now
Two Talking Points
Construction spending continues to grow
REITs outperforming stock markets, expected to continue throughout 2016
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: August 1 – August 5, 2016
Monday, August 1st
Hospitality Council Call11:00 am PT / 2:00 pm ET
Thursday, August 4th
Retail Council Call10:00 am PT / 1:00 pm ET
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Meetings & Events this Week:
Transaction Highlights:
• Property was listed with two other
firms prior to SVN|Denver
Commercial
• Buyer is converting vacant bank
space into drive-thru liquor store
• Buyer also plans to occupy 51% of
the building for SBA loan approval
• Existing tenant is a dental office
• Third retail/office space vacant$1,056,000 | Just Closed
Office/Retail
1697 Coalton Road | Superior, CO
Cobey Wess | 970.488.3162 | [email protected]
Kim Meyer | 970.488.3165 | [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.
Transaction Highlights:
• Listed at "Top of the Market" price
• Marketing efforts procured 5 offers
in 30 days
• 3 of the 5 offers were over asking
price
• Buyer was an owner/user
represented by a residential realtor
• Property closed at $80,000 over list
price$1,780,000 | Just Closed
Office/Retail
1025 Acoma Street | Denver, CO
John Sheflin | 720.773.8541 | [email protected]
Michael Carnes | 720.773.8544 | [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.
Transaction Highlights:
• Service oriented retail center in
all residential area
• Worked through numerous
deferred maintenance issues
• Sold to an out of state investor
$1,800,000 | Just Closed
Retail
257-281 W. Elk Trail Rd | Carol Stream, IL
Tim Franz | 312.676.1874 | [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.
Transaction Highlights:
• Well located industrial building 1
block from highway, owner user
• Multiple buyers resulted in sales
price well above asking price
• We sold to seller in 2009 giving the
seller an 88% return in just 7
years
• Size: 30,000 SF on 4.13 acres
$2,876,500 | Just Closed
Industrial
2215 National Way | Woodburn, OR
Curt Arthur, SIOR | 503.588.0400 x 201 | [email protected]
Tom Hendrie | 503.588.0400 x 205 | [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.
Transaction Highlights:
• Sold to a major REIT
• Sold to close: 11 months, 18 days –
overcame every obstacle imaginable;
illegal parcel, unidentified easements,
no easement agreements, dueling
neighbors and ambivalent clients but
perseverance and SVN training
prevailed!
$11,867,000 | Just Closed
Industrial
1445 Engineer Street | Vista, CA
Barbara Kreis BRE #00797227 | 619.985.5592 | [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.
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
New Inventory:$78,316,407
Buy-Side Commission:$1,566,653
Offering Highlights:
• 73 unit storage facility
• 100% occupied plus additional income
from parking RVs, boats, and autos
• Offering includes additional acreage to at
least double the number of rental units
• 4.16 acres of C2 (Heavy Commercial)
zoned land
• Value add opportunity
• Auction to be held September 19th - 21st Subject to offer | For Sale
1% | Buy Side Fee TBA
Industrial
820 State Route 161 N | Eatonville, WA
Chad Gleason, CCIM | 206.259.5801 | [email protected]
Andrew Hunter | 206.259.5801 | [email protected]
Suria Elbietar | 206.259.5801 | [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.
Offering Highlights:
• Located within walking distance of
Kent Station retail center
• High visibility on Smith St. – a
busy thoroughfare running
through downtown Kent
• Ample parking on a good sized lot
• Multi purpose building could serve
a variety of tenants
$1,300,000 | For Sale
$39,000 | Buy Side Fee
Retail
515 East Smith St | Kent, WA
Chad Gleason, CCIM | 206.259.5801 | [email protected]
Andrew Hunter | 206.259.5801 | [email protected]
Suria Elbietar | 206.259.5801 | [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.
Offering Highlights:
• Commute to downtown is only 4
miles south on Dayton Blvd.
• Stable income producing property
in the Red Bank district
• All units refinished in the past 2
years
• Parking lot resurfaced and re-
striped in 2014
Subject to offer | For Sale
3% | Buy Side Fee
Multifamily
2833 Dayton Boulevard | Chattanooga, TN
Stephen Nault | 615.878.8144 | [email protected]
Shane Giles | 615.297.4999 | [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.
Offering Highlights:
• Located in a high growth and high income area
of the North Valley
• Property is directly accessible from N. Cave Creek
Road
• Excellent opportunity for retail, office, etc.
• Situated immediately north of brand new Tractor
Supply and Auto Zone retail stores
• Across from Walmart and new retail
developments - Burger King, Firehouse Subs, etc
• One block east of new retail center with
Starbucks and site of future McDonalds
restaurant
• Neighboring land parcels are currently available
for possible land assemblage opportunity
$1,089,000 | For Sale
$27,225 | Buy Side Fee
Land
NWC of E. Barbie Lane & N. Cave Creek Road | Cave Creek, AZ
Art Rullo | 480.719.2496 x 105 | [email protected]
David Laney | 480.719.2496 x 101 | [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.
Offering Highlights:
• Well-designed office and retail park
• Excellent construction, site is very
well maintained
• Visible from N. Cobb Parkway, and
easily accessible
• Interior ready for medical office
move-in
• Strong demographics, with much
higher than average potential
spending index for health care
• Each building is partially rented
$1,325,000 Each | For Sale
$79,500 | Buy Side Fee
Office
The Walk at Mars Hill, Bldgs. 1200 & 1300 | Acworth, GA
John Johnson | 404.303.1232 x 16 | [email protected]
Debra Sever | 678.849.6884 | [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.
Offering Highlights:
• 3.79 acre site with 51 lots and 1
apartment
• Located in high traffic retail and
industrial corridor
• Individually metered utilities
• Park office and garage on site
• City sewer garbage
• Current NOI projected at $121,608
• Great upside potential on rents
and/or future redevelopment
$1,650,000 | For Sale
$49,500 | Buy Side Fee
Multifamily
Fairview Mobile Home Park | Lexington, KY
Nathan Dilly | 859.264.0888 | [email protected]
Matt Stone, CCIM, MBA | 859.264.0888 x 25 | [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.
Offering Highlights:
• 12,881 SF
• 9% cap rate
• Listed at $1,697,000
• Net income is $157,000 per year
• Tenants include a government
service and an orthodontist
• Two tenants both renewed for 5
more years in 2016$1,697,000 | For Sale
$50,910 | Buy Side Fee
Office
350 High Street | Chestertown, MD
Henry Hanna, CCIM, SIOR | 410.543.2420 | [email protected]
Will Moore | 410.543.2440 | [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.
Offering Highlights:
• 14,578 SF retail center
• 1.06 acre lot
• Excellent signage
• Easy accessibility
• Close proximity to I-210 and 215
Fwy
• Below market rents
• Strong upside potential
• Owner/user or investment$1,740,000 | For Sale
$52,200 | Buy Side Fee
Retail
2339-2433 N. Sierra Way | San Bernardino, CA
Patrick Sharples BRE #01245463 | 213.447.0705 | [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.
Offering Highlights:
• Great owner user/investment
opportunity in the Ogden industrial
market with existing tenants and space
to occupy
• Functional, clean warehouse space and
offices
• 18’ ceilings
• 220 volts of 3 phase power
• .22 acres of fenced/secured yard space
• Out building/shed for storage in yard$1,825,000 | For Sale
$54,750 | Buy Side Fee
Industrial
3752 Pacific Ave | Ogden, UT
Chet Barber | 801.783.2064 | [email protected]
Brad Lasater | 801.783.2145 | [email protected]
Matthew Pinder | 385.299.7953 | [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.
Offering Highlights:
• Strategically located on the Jordan
Valley Medical Center, West Valley
Campus
• 2016 built-to-suit state of the art
dialysis clinic, under construction
• Brand new 15 year leases with annual
two percent rent increases
• Corporate backed guaranty by
Fresenius Medical Care Holdings
• Located 10 miles southwest of Salt
Lake City’s center
$6,320,407 | For Sale
$126,408 | Buy Side Fee
Office
4100 Pioneer Parkway | West Valley City, UT
Chet Barber | 801.783.2064 | [email protected]
Jeff Albee, CCIM | 818.227.8000 | [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.
Offering Highlights:
• This exceptional offering in West
Jordan, Utah offers class A office
warehouse space with 8.66 acres of
fully improved yard space, including
security fencing and automatic gates
and 6.78 acres of excess, undeveloped
ground.
• The building is a modern concrete-tilt-
up facility with clean, functional
showroom and office space.$8,250,000 | For Sale
$247,500 | Buy Side Fee
Industrial
8152 S Welby Park Dr | West Jordan, UT
Chet Barber | 801.783.2064 | [email protected]
Brad Lasater | 801.783.2145 | [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.
Offering Highlights:
• 100 room Microtel Hotel on 2.23 acres
• Located off I-81 near entrance to Ft. Drum, the
largest Army installation in the northeast with
over 40,000 soldiers, family & employees and
80,000 National Guards in training annually.
• I-81 is a tourist route from Canada to Knoxville.
• Microtel and alternate flags available, subject to
PIPs
• Motivated investor group wants to exit hotel
business/ great opportunity for owner-operator
• AUCTION: for info and bidding platform go
to: www.nyhotelauction.com
• AUCTION DATE: Thursday, August 11th at noon
• INSPECTIONS: August 4 & 5. Call: 404-303-
1232 ext 12 to schedule inspections.
$1,950,000 / Starting Bid | For Sale
$39,000 | Buy Side Fee
Hospitality
New York Microtel Hotel – Auction | Calcium, NY
Tom Hamm | 203.968.1800 | [email protected]
Henry Hanna, CCIM, SIOR | 410.543.2420 | [email protected]
John Johnson, CCIM, ALC | 404.303.1232 x 16 | [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.
Offering Highlights:
• 52 Units
• Units have been gut rehabbed
within the past 10 years of
ownership
• Property is just 1 mile away from
University of Chicago
• Property is within steps of
Chicago public transportation
bus and train stop$1,970,000 | For Sale
$49,250 | Buy Side Fee
Multifamily
6160-6212 S. King Drive | Chicago, IL
Jim Sears | 312.960.6767 | [email protected]
George Lau | 312.756.7353 | [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.
Offering Highlights:
• Approximately 350,000 SF
industrial warehouse
• Eight interior docks
• Ceiling heights range from
approximately 10 to 34 feet
• Located in the Galewood /
Armitage TIF district
$4,500,000 | For Sale
$67,500 | Buy Side Fee
Industrial
1819 North Major Avenue | Chicago, IL
Sam Shah | 847.477.1477 | [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.
Offering Highlights:
• 10% rent increases every 5 years
• STNL ground lease with over 14 years of remaining
term
• Large land parcel at signalized corner; fantastic
visibility & access
• Major arterial thoroughfare; city’s dominant retail
corridor; surrounded by national tenants
• Less than 1 mile from Provena Health Center – area’s
largest medical campus
• Downtown Joliet – 200,000 people in 5 mile radius;
part of Chicago MSA -30 miles SW of Chicago
• Corporate guarantee by Bank of America; S&P rating
Of A-; market CAP of $179B
• Price recently reduced to competitive 5.25% cap rate
• CRA targeted area for banks provides high likelihood
of continued occupancy
$6,700,000 | For Sale
$100,500 | Buy Side Fee
Retail
Bank of America Ground Lease | Chicago, MSA
Wayne Caplan | 312.529.5791 | [email protected]
Kevin D. Chin, CCIM | 415.922.2900 x 101 | [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.
Offering Highlights:
• High historical occupancy averaging
above 95% for the last five plus years.
• Attractive units with desirable features
that include fireplace, walk in closets, 9
foot ceilings and full appliance package
with in unit washer and dryer.
• New roofs installed on all 21 buildings in
2010.
• Conveniently located within a mile of the
nearest grocer, 7 miles to the nearest
regional mall and 11 miles to the
Rochester city center.
$38,000,000 | For Sale
$285,000 | Buy Side Fee
Multifamily
300+ Unit Apartment Complex | Rochester, NY
Joe Rowley | 585.697.0901 | [email protected]
Joseph L. Rowley III | 585.697.0901 | [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.
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