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Monday National Monday National Sales Meeting Sales Meeting December 10, 2012 December 10, 2012
| Date post: | 17-Jun-2015 |
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Real Estate |
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Monday National Monday National Sales MeetingSales Meeting
December 10, 2012December 10, 2012
Registration is now open for the 2013 Sperry Van Ness National Conference. Our event will be hosted at the Trump International Beach Resort in beautiful Miami, Florida. The full two-day conference will be held on February 7th and 8th, 2013. We are also planning an optional networking event the evening of Wednesday, February 6th. Details of this event will be announced in the coming weeks. Please keep this in mind when making your travel arrangements. Registration links can be found on theResources Portal > Announcements. They will also be sent out via email. We are looking forward to seeing you all in Miami!
Conference Registration$199 Early Bird Rate (expires 12-31-12)$250 Regular Rate (expires 1-31-13)$350 Late/On-site Rate (starts 2-1-13)
Hotel ReservationsTrump International Beach Resort
Questions? Please contact Kristina [email protected]
Register Today!
SVN’s 2013 National ConferenceSVN’s 2013 National ConferenceFebruary 7-8, 2013 February 7-8, 2013
Discounted Discounted Hotel Rooms Hotel Rooms Expire Expire 1-7-121-7-12
This Week’s Upcoming This Week’s Upcoming Calls and TrainingsCalls and Trainings
Friday, December 14th Investor/Economic Forum with Dr. Sam Chandan
(8:30am PST / 11:30am EST)
Featured ClosingsFeatured Closings
Summit Winery | Holts Summit, MO
Just Closed!
$579,000Transaction Highlights:•7500 SF Restaurant on 15 Acre Winery•Under Contract within 10 days of Foreclosure•Closed within 60 days of Foreclosure•Saved Client (Colony Capital) $100k+ in repairs•Individually called on all wineries and restaurants in the State to find Buyer
C. Sterling Scott, CCIM
Tony [email protected] Diego, CA
540-544 Melrose Street | Placentia, CA
Just Leased!
$1,029,027Key Lease Terms:•Prior Occupant: FedEx Ground•Building Size: 65,517 SF•3 Year Term; 3 Year Option To Extend•3 Months Free Rent •3% bumps•Worked With The Client For 4 Months To Find The Right Fit!
Mike [email protected], CA
La Mesa Village Apartments | Glendale, AZ
Just Closed!
$1,685,000Transaction Highlights:•Mostly 2BR/2BA •$24,071/ Unit; $34.32/SF•Bankruptcy Court Ordered Sale•Beat Out Four Other Bidders•Represented Same Buyer on 98 Units Across the Street
Neil [email protected], AZ
O’Reilly Retail | Cody, WY
Just Closed!
$1,800,000Transaction Highlights:•Represented Sale Side•Purchaser: Wyoming Motel Owner in 1031 Exchange•8.7% Sales Cap Rate in market that normally sells at 10% +
Bruce [email protected], TX
Steve [email protected] Collins, CO
Albertson’s Anchored Retail Shops | Chandler, AZ
Just Closed!
$1,800,000Transaction Highlights:•17,000 Square Feet, built in 2002•Sale of Non-Performing Loan•UPB of plus/minus $4,000,000•Well Leased Property at Great Intersection•Foreclosure Sale Held Day After Note Closed
Neil [email protected], AZ
Just Closed!
$1,900,000Transaction Highlights:•Represented Buy-Side•Purchaser: Hawaii-based Eye Surgeon•Overcame perhaps the most difficult buyer ever worked with.
Bruce [email protected], TX
Pecan Creek Medical Office | Southlake, TX
Bricktown Land – 6.51 Acres | Oklahoma City, OK
Just Closed!
$4,400,000Transaction Highlights:•On Market 5 ½ years•Under Contract for 1 Year•Numerous city, state and national government agencies involved•Buyer is planning 350 Apartment Units
Tim Strange, CCIM, SIOR
[email protected] City, OK
Brett Price, CCIM
[email protected] City, OK
Andy Burnett, CCIM
[email protected] City, OK
1800-1832 Tribute Road | Sacramento, CA
Just Closed!
$5,827,500Transaction Highlights:•146,893 SF, 9 building business park•Sold in 2006 by Don Ellwanger $17,800,000; 94% occupied.•In foreclosure in 2011, tracked for over 1 year.•Purchased by a Southern California Investor, 51% occupied
Don [email protected], CA
Eastern Iowa Portfolio | Cedar Rapids, IA
Just Closed!
$7,711,250Transaction Highlights:•Portfolio of 100% Project Based Section 8 Senior Properties•All Cash Buyer•Multiple offers from across the country•Second acquisition in the State of Iowa for Buyer•Sperry Van Ness, LLC represented Buyer and SellerCody Doran
Jim [email protected], IL
Reid Bennett, CCIM
Garden Ridge | Greensboro, NC
Just Closed!
$8,550,000Transaction Highlights:•Federal Receivership Sale•Represented National Retail REIT – Buyer•Renegotiated lease with tenant before COE•8.5% CAP
Tony [email protected] Diego, CA
Total Inventory:Total Inventory:$30,390,000$30,390,000
Gross Fee Buy Side:Gross Fee Buy Side:$851,088$851,088
2535 N. Milwaukee Ave. | Chicago, IL
$1,100,000 | For Sale
$22,500 | Buy Side Fee
Offering Highlights:•100% Leased•Hot Logan Square•Brand-new Buildout•Well Maintained Building
Scott R. [email protected], IL
Paul [email protected], IL
Angelo [email protected], IL
Lincoln Vacant Retail Lot | Santa Monica, CA
$1,190,000 | For Sale
$29,750 | Buy Side Fee
Offering Highlights:•Tourist Hot Spots Nearby•High Traffic Count and Excellent Demographics•1 Mile away from Venice Beach•Very Busy and Major Lincoln Blvd•Surrounded by National Retailers
Michael Pourmirza, CCIM
[email protected] Angeles, CA
3211 32nd St.| San Diego, CA
$1,100,000 | For Sale
$27,500 | Buy Side Fee
Offering Highlights:•10 units with 1 non-conforming•Onsite Laundry•Upside in rents•All 1/1 baths
Jim [email protected] Diego, CA
Krista [email protected] Diego, CA
4109 Kansas St. | San Diego, CA
$1,300,000 | For Sale
$39,000 | Buy Side Fee
Offering Highlights:•Built in 1988•100% leased•Upside in rental increases•10 onsite parking spaces
Krista [email protected] Diego, CA
1508 Oxford Drive | Georgetown, KY
$1,340,000 | For Sale
$40,200 | Buy Side Fee
Offering Highlights:•Medical Office investment property with upside-Regional Dental practice with 30+ locations in KY under long term lease (Mortensen Dental)•.5 Mile from Interstate 75 and minutes from Toyota Motor Manufacturing•Located in a High density retail area in a High traffic retail corridor
Steve Pulliam, CCIM
859-264-0888 [email protected], KY
Matt Stone859-264-0888 [email protected], KY
Neal [email protected], KY
Hidden Pines Apartments | Casselberry, FL
$1,915,000 | For Sale
$43,087.50 | Buy Side Fee
Offering Highlights:•Bank Owned Property•Strong Occupancy•Clean Well Kept Community near Shopping and A Rated Schools•8% cap on conservative underwriting
Enon Winkler, CCIM
[email protected] Park, FL
Kevan [email protected] Park, FL
Jad [email protected] Park, FL
Airport Business Park – 39 Acres | Hagerstown, MD
$2,535,000 | For Sale
$76,050 | Buy Side Fee
Offering Highlights:•$65,000 per acre - Buy all or part of the park•Interstate 81- At Exit. MD/PA line. Zoned "HI“•Hagerstown Regional Airport nearby - large jets served•Distribution-warehouse-office. Adjoins Citigroup•Fronts 3 roads: US Rt. 11, Breeze Hill, State Line
Syd Machat, CCIM, CRE
Grand River Mini Storage | Howell, MI
$3,200,000 | For Sale
$96,000 | Buy Side Fee
Offering Highlights:•65,070 Rentable Square Feet – 369 Units•85% Current Physical Occupancy•Room for Expansion - 35,000 Rentable Square Feet•34% Increase in Population Since the Year 2000•7.5%+ CAP Rate on In-place Income with Upside PotentialDan Stewart, CCIM
[email protected] Arbor, MI
Mike [email protected] Arbor, MI
The Crossing at 725 | New Braunfels, TX
$2,200,000 | For Sale
$66,000 | Buy Side Fee
Offering Highlights:•Condo Ownership with Majority Interest•Frontage on busy FM 725•Fully Leased through 2013 w/ Rent Bumps•Retail Pad Site Ready for Development•Two Buildings Built in 2008 and 2011 Steve Rodgers, CCIM
[email protected] Braunfels, TX
Patrick Lynch, Jr. [email protected] Braunfels, TX
Former Mission Valley Mill | New Braunfels, TX
$4,750,000 | For Sale
$142,500 | Buy Side Fee
Offering Highlights:•Redevelopment Opportunity•Great In-Fill Location in the heart of New Braunfels•Over 1,100 feet of Guadalupe River Frontage•550,000 SF under roof•Active Rail Line
Patrick Lynch, Jr. [email protected] Braunfels, TX
Allison [email protected] Braunfels, TX
Steve Rodgers, CCIM
[email protected] Braunfels, TX
Washington Centre | Gurnee, IL
$4,860,000 | For Sale
$121,500 | Buy Side Fee
Offering Highlights:•40,000 Sq. Ft. Mixed Use Neighborhood Center•Staggered Lease Terms•93% Occupancy•Low Real Estate Tax Lake County Location•Upside with Increasing Rent
Kevin Lynch, CCIM
847-434-1400 [email protected], IL
Wildwood Boardwalk Site | Wildwood, NJ
$4,900,000 | For Sale
$147,000 | Buy Side Fee
Offering Highlights:•Price Reduced by $1.6M•Only Approved Resort Entertainment site zoned for 300 units•Either Hotel or multifamily•40,000 sf Land overlooking the Atlantic Ocean•Well known locations near Morey's pier
Mark D. [email protected], PA
Thank you for joining us! Thank you for joining us!
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