Sperry Van Ness #CRE National Sales Meeting 4-28-14

transcript

Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM

National Sales Call A p r i l 2 8 , 2 0 1 4

Presenters:

Website

*For qualified transactions, 50% of the gross commission to the buy side.

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.

SVN/JCDAWSON Global Real Estate

Website

Market Areas: Metro Washington, D.C. and Prince Georges County, MD. Areas of Practice: Tenant Representation, Government Leasing, Corporate Real Estate, Office

Years of Experience: 16 years

16701 Melford Blvd., Suite 400, Bowie, MD 20715

Phone 301.710.0613

Jerry Dawson Managing Director

212 N. Carpenter Street | Chicago, IL

Transaction Highlights:

• Hot West Loop Retail/Office Condo

• Under contract within 14 Days

• Seller & Buyer Sourced within SVN Chicago Office

• SBA Financed Sale

• Kiddie Corner from new Google Building (1K Fulton)

$590,000 | Just Closed

Angelo Labriola | 312.676.1870 | angelo.labriola@svn.com

Paul Cawthon | 312.676.1878 | paul.cawthon@svn.com

Scott Maesel | 312.676.1860 | scott.maesel@svn.com

Website

1320 S. Burleson Blvd | Burleson, TX

• Two hours after drafting the listing agreement was executed, the cash buyer called.

• Lender Involved

Cameron Pope | 682.554.4598 | cameron.pope@svn.com

Website

43rd Avenue Plaza | Phoenix, AZ

• High vacancy/In-fill location, older center

• CA Buyer

• Assumed Existing Loan with only 2 yrs. left @ 6.92% interest to avoid $135,000 defeasance

• Second time in escrow, 72 days to close

Shari Tucker-Gasser | 480.425.5537 | tuckers@svn.com

Judy Jones | 480.385.1588 | judy.jones@svn.com

Website

Camas House | Camas, WA

• The NOI increased 12% over the course of the transaction

• Property generated a huge amount of interest

• The buyer was a 1031 exchange buyer

$1,040,000 | Just Closed

Milton Barnes, III | 503.459.4387 | milton.barnes@svn.com

Kevin Wingate-Pearse | 503.459.4380 | kevinwp@svn.com

Karlin Conklin | 503.459.4340 | karlin.conklin@svn.com

Website

| New Braunfels, TX

• Listed for 17 Months

• Bank Owned

• Copper Theft, Flashlight Showings

• Multiple Offers

• Purchased by an Auto Dealership in Austin, Texas

• Buyer Identified by SVN/NCG, No Buyer Rep.

Steve Rodgers, CCIM | 830.358.7806 | steve.rodgers@svn.com

Les Broyles | 830.358.7816 | les.broyles@svn.com

Website

4151 McCoy Drive | Aurora, IL

• Vacant 44,300 SF retail center

• Built in 2008. Undemised

• Warm dark shell condition

• REO sale (3 banks)

• 3 contracts

• Buyer: Canadian investor

• SVN represented both sides

Neil Johnson | 630.938.4950 | neil.johnson@svn.com

Joel Miller | 630.938.4950 | joel.miller@svn.com

Website

| Beaufort, SC

• Brand New with a 20 Yr NN Lease

• 7,753 SF

• 6.00% CAP

• Cash

• Buyer was a 1031 Client of Steve Fithian

• Sold his apartments and traded to STNL

Peter Colvin | 616.893.1398 | peter.colvin@svn.com

David De Maagd | 616.399.3955 | david.demaagd@svn.com

Steve Fithian, CCIM, CPM, SEC | 817.288.5524 | steve.fithian@svn.com

Website

Palm Plaza Apartments | Fresno, CA

• 21 day closing all cash

• Multiple offers

• Value-Add Project

• Bank Owned REO

Mark Mimms | 559.222.9909 | mimms@svn.com

Tony Yousif | 858.810.3623 | tony.yousif@svn.com

Rick Hardy | 619.890.7425 | rick.hardy@svn.com

Website

Madison Self Storage | San Antonio, TX

• Class A Self Storage

• California Buyer

• On market over one year

• All cash purchase

• Aggressive Cap Rate

Harry Botkin, CCIM, CPM | 830.358.7805 | harry.botkin@svn.com

Drew Traeger | 830.358.7804 | drew.traeger@svn.com

Website

Embassy Court Apts. | Salem, OR

• 93% of list price

• 6.9% cap on actual

• Buyer was required to have a hold back reserve for repairs

• Property was under contract 3 separate times

Chris Fischer, CCIM | 503.588.0400 | chris.fischer@svn.com

Website

Events & Webinars: April 28 May 2, 2014

Website

Weekly Recurring Meetings: Single Tenant Call

Every Monday (Tuesday following a holiday) 8:15 am PT / 11:15 am ET

Meetings & Events this Week:

Tuesday, April 29th CEO Roundtable Webinar

12 pm PT / 3 pm ET

Friday, May 2nd CRE Tech Tools Webinar

9 am PT / 12 pm ET

New Inventory: $137,092,660

Buy-Side Commission:

$2,628,962

Website

Auction 2% | Buy Side Fee

Consumers Corner | New Albany, IN

Bill Menish, CAI, AARE | 502.814.5174 | bmenish@svn.com

Don Erler, CAI, AARE | 502.297.8797 | derler@svn.com Offering Highlights:

• Timed Online Auction set to close Thursday, May 29, 2014 at 2PM

• 2% Cooperating Fee

• 20,042 SF

• Great Location

• Room to Grow

• SVN Auction Services sale

TBD by Market | For Sale

1.25% | Buy Side Fee

Offering Highlights:

• 144 Units

• Excellent Investment Opportunity near Uptown Charlotte

• Convenient location near employment, shopping and entertainment

• Spacious and up to date floor plans

• Newest and Best in market asset

• Low maintenance brick and vinyl siding

Thorngrove Apartments | Charlotte, NC

Jim Juhl | 704.892.5653 | jim.juhl@svn.com

Dave Davis | 704.892.5653 | ddavis@svn.com

$750,000 | For Sale

$18,750 | Buy Side Fee

6136 Easton | Los Angeles, CA

Rodrigo Gonzalez Velarde | 626.623.9047 | rgonzalez@svn.com

Daniel Baird | 310.500.1226 | daniel.baird@svn.com

• 6 Units

• Rental upside

• Units individually metered for both Gas and Electric

• Located in one of the most competitive up-and-coming rental markets in LA

• First time on the market in nearly 20 years

• Zoned R-3

• Added appreciation potential due to location within 0.5 mile of proposed Metro Rail Station

• Within 1.4 mile of existing Metrolink Rail Station

$950,000 | For Sale

• 3,100 SF Previous Super Pantry On 1/2 Acre of Land For Sale In Normal, IL

• Excellent Location With Great Redevelopment Opportunity

• Site Has Received No Further Remediation Letter

• Prime Location Across From Illinois State Facilities, And University High School

• Within Close Proximity to I-74, I-39, & I-55

402 N. Main Street | Normal, IL

Alex Ruggieri, CCIM, MBA | 217.398.1111 | alex.ruggeri@svn.com

Dan Clark | 407.288.2882 | dan.clark@svn.com

$1,050,000 | For Sale

• 24,000 SF (3 Floors) 9-12' ceilings

• 8,000 SF basement 7' ceilings - tons of storage

• Sprinkled, Old Freight Elevator

• Tons of Charm!

• Income in Place from Short Term Rentals; $3000/mos

• 80% AC'd but not all operational

2111 N. Albany Avenue | Tampa, FL

Rick Noll | 813.477.4517 | rickn@svn.com

$1,350,000 | For Sale

• Established & proven Antique Dealer with a waiting list for dealers

• Continue Operation Manually or Hire Manager for Operation, Current management is interested to continue

• Fully Sprinklered Bldg

• Great upside potential

• Located near Gurnee Mills Shopping Center, Six Flags Great America, & Keylime Cove Water Park

5742 Northridge Drive | Gurnee, IL

Paul Cawthon | 312.676.1878 | paul.cawthon@svn.com

Angelo Labriola | 312.676.1870 | angelo.labriola@svn.com

Dennis Arndt | 312.960.6761 | dennis.arndt@svn.com

$1,375,000 | For Sale

• 24 Units

• Below Market Rents

• Extensive Recent Capex

• Property Owned Laundry

• Easy Access to Downtown Chicago

Green Garden Apartments | Berwyn, IL

Reid Bennett, CCIM | 312.960.6762 | reid.bennett@svn.com

Cody Doran | 312.960.6766 | cody.doran@svn.com

$2,100,000 | For Sale

• 2 Steel Storage Warehouses

• EZ-1 Zoning

• 120,050 SF

• Easy Interstate Access

• 9 Docks

3840 Fitzgerald Rd. | Louisville, KY

Ron Pregliasco | 502.297.8797 | ron.pregliasco@svn.com

$2,550,000 | For Sale

• Located in the heart of the West Loop

• Timber and beam loft building with dramatic 20 foot + ceilings on first floor

• Former horse stable now used by import / export company

• Custom built 3 bedroom owners user unit on second floor with roof access

• Land for development, parking or outdoor patio in front of building

• Ideal for restaurant, corporate headquarters or event space

1229 W. Lake Street | Chicago, IL

Scott Maesel | 312.676.1860 | scott.maesel@svn.com

$3,555,000 | For Sale

booming east side

• 8.4% cap rate

• SVN Advisor has sold this asset twice before

• Located near Columbus Airport

• A modern hospitality asset in excellent condition.

• Seller financing w/10% down payment

Days Inn and Suites | Reynoldsburg, OH

Nail Dawaher | 614.638.8880 | nail.dawaher@svn.com

$3,559,660 – 5% CR | For Sale

• Exclusively listed by;

• SVN | Net Lease Texas

• Corporate Guaranty

• Phenomenal $3M+ store sales

• Strong regional retail corridor

• Hard corner / lighted intersection

Whataburger (GL) | Houston, TX

Glen E. Berhow | 469.828.1950 | glen.berhow@svn.com

$4,750,000 | For Sale

• 26,790 SF

• Located in the heart of Myrtle Beach's medical district approximately 2 blocks from Grand Strand Regional Medical Center.

• Property has 335 feet of frontage on 82nd Parkway and an equal amount of frontage and access on Rourk Street.

8171 Rourk Street | Myrtle Beach, SC

Jay Smith | 843.443.6999 | jay.smith@svn.com

Michael Cousins | 843.443.6999 | michael.cousins@svn.com

$1,475,000 | For Sale

• Existing 16 unit mobile home park with infrastructure for 23 additional spaces

• Existing 110 rented outside storage spaces with potential for 20 additional spaces

• 1000 feet of HWY frontage; 1400 feet of Truckee River frontage

• Close proximity to both Reno and Tahoe

• Designed for 80-unit upscale Mobile Home Park

• Upside potential in future development of vacant land

Riverbend Mobile Home Park | Verdi, NV

Thomas Y. Johnson, CCIM | 775.825.3330 | johnstont@svn.com

$6,200,000 | For Sale

• 131.71 Acres

• Vacation and second home destination for N. Californians and N. Nevadans

• Access to the pristine waters of Lake Almanor

• Surrounded by snow capped mountains, including Mount Lassen

• 134 of the home sites have been improved and are ready for development

• 173 additional lots mapped & approved for development

Foxwood Subdivision | Lake Almanor, CA

Thomas Y. Johnson, CCIM | 775.825.3330 | johnstont@svn.com

Tomi Jo Lynch | 775.825.3330 | tomijo.lynch@svn.com

$6,835,000 | For Sale

• 14,508 SF

• 6.75% cap rate

• Walgreens Signalized Corner

• 7+ Years Remaining

• Net Lease on Walgreens

• Assumable Loan Note

Walgreens | Lansing, MI

Dan Stewart, CCIM | 734.662.5097 | dan.stewart@svn.com

Mike Lamb | 734.926.0005 | mike.lamb@svn.com

$7,950,000 | For Sale

• 118,100 SF

• NOI: $710,000

• History of High Retention Tenants

• Close to Sunport, UNM & CNM

• Credit Tenants: University of NM Hospital, UNM, FAA, US Marshals, Jackson and Tull, and other local and regional tenants.

Newport/NZ Office Portfolio | Albuquerque, NM

Hunter Greene | 505.450.5612 | hunter.greene@svn.com

Patti Peixotto | 505.450.2653 | patti.peixotto@svn.com

Joel White, MAI | 505.503.2634 | joel.white@svn.com

$795,000 | For Sale

38th Ave. N and Houndsfield Ave. | Myrtle Beach, SC

Andrew Vicens | 843.443.6999 | andrew.vicens@svn.com

Van Watts | 843.443.6999 | van.watts@svn.com Offering Highlights:

• 1.41 Acres (Lot 7)

• For Sale or Build to Suit

• Ease of Access

• High Visibility

• Ready to Build

• Corner Lot

$960,000 | For Sale

38th Ave. N and Oleander Dr. | Myrtle Beach, SC

Van Watts | 843.443.6999 | van.watts@svn.com Offering Highlights:

• For Sale or Build to Suit

• 1.47 Acres

• Ease of Access

• High Visibility

• Ready to Build

• Corner Lot

$90,888,000 | For Sale

$1,590,540 | Buy Side Fee

Carolina Forest Land | Myrtle Beach, SC

Van Watts | 843.443.6999 | van.watts@svn.com

Joe Garrell, CCIM, ALC, CFP | 843.443.6999 | joe.garrell@svn.com

• 632 Acres - The Villages @ Huger Park with 602 acres zoned residential, 30 acres mixed use

• 628 Acres - Berkshire Village - zoned for 1,442 residential units

• 200 Acres - Intracoastal Waterway - 3,600 lineal feet waterway frontage (0.68 miles) zoned for 560 residential units

• 390 Acres - Tract 20 - Located on International Dr. directly behind The Farm

Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM

Thank you for joining us! For information about all of our listings please visit

www.svn.com