sperry van ness #cre national sales meeting 4-8-13
DESCRIPTION
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email [email protected] if you would like to attend our weekly call which we open up to the brokerage community.TRANSCRIPT
National National Sales MeetingSales MeetingApril 8, 2013April 8, 2013
• Ability to submit assets is NOW officially closed
• Visit www.auctionpoint.com as assets continue to be added and massive
buyer marketing campaign gets underway
• Over $400MM of assets approved into the event – very high quality assets
• SVN has more assets in event than any other CRE firm!
• If you want to listen to our broker update calls on Thursday mornings
as the event unfolds– email [email protected] - we’ll invite you
as a “fly on the wall”
Go to www.auctionpoint.com to view assets and register your buyers
Tip of the Week | Tip of the Week | SVN Broker SVN Broker Boot CampsBoot Camps
Top 5 Reasons to Attend Boot Camp:1.Master the “SVN Difference”2.Provides a proven “Road Map” to Success3.The entire process is “How To” Focused4.A Full Immersion “Best Practice” Orientation5.Network with your fellow advisors!
Photo: Bo Barron, Averett
Mehrbakhsh, Kayvan Mehrbakhsh, Jim Guisewhite at the
March 2013 Boot Camp held in
Chicago, IL
Q2 2013 Boot Camp Session•Dates: June 12, 13, 14•Location: Irvine, CA•Registration: Send an email to [email protected] to sign up today.
SVN Welcomes…Sperry Van Ness®/Renaissance Commercial
Darrell HooverManaging Director
18881 Von Karman Ave., Suite 300Irvine, CA 92612
Phone: (949) 640-6711
Market Area: Orange, San Bernardino and Riverside Counties, CAAreas of Practice: Retail, Office, Industrial, Multifamily and Land
Years of Experience: 58 years (combined)
Michael GustafsonManaging Director
Dennis MooreVice President &Founding Advisor
This Week’s Upcoming EventsThis Week’s Upcoming Events
Tuesday, April 9th
National Self Storage Team Call(8:30am PT / 11:30am ET)
Closing for 3/29/13 – 4/4/13Closing for 3/29/13 – 4/4/13
Advisors City, State Sale/Lease Amount Type Peter Colvin, David De Maagd, David Cook Eaton, OH Sale $235,000 Retail Jack Brower, Joel Fountain Reno, NV Sale $360,000 Office Peter Colvin, David De Maagd, David Cook Evanston, WY Sale $715,000 Retail J. Chris Malkin, Ashley Bloom Port Charlotte, FL Sale $825,000 Retail Neil Sherman, Justin Horwitz, Nicole Ridberg
Scottsdale, AZ Sale $950,000 Non-performing
Loan Chuck Polenz, Jeff Jansen Madison, WI Sale $1,200,000 Retail Dan Elliot, Sean Lutz Talladega, AL Sale $1,300,000 Retail John Brandhorst, Steve Hagen Portland, OR Sale $1,530,000 Land Steve Morris, Rick Funk Portland, OR Sale $1,635,000 Multifamily Louis Hicks Malden, MO Sale $1,900,000 Retail Peter Colvin, David De Maagd Hoffman Estates, IL Sale $2,120,000 Retail Robert Hamman Jupiter, FL Sale $2,900,000 Marina Miguel de Arcos, Gardner Lloyd Orlando, FL Sale $8,000,000 Land Karlin Conklin, Becky Potter, Kevin Wingate-Pearse, Steve Morris, Rick Funk
Vancouver, WA Sale $14,500,000 Multifamily
Jiffy Lube | Eaton, OH
Just Closed!
$235,000Transaction Highlights:•Only 6 years left on lease•Small operator•Out of state investor who's mom lived nearby•30 days escrow to close•9% cap
Peter [email protected] Rapids, MI
David De [email protected] Rapids, MI
David Cook, SIOR
9070 Double Diamond Pkwy. | Reno, NV
Just Closed!
$360,000Transaction Highlights:•4,160 sq. ft. Two Story Office Building•$86.54 per sq. ft.•Bank Owned•Owner User•42 Day Escrow•Cash Buy
Jack Brower, CCIM
775-883-3936 [email protected] City, NV
Joel Fountain775-883-3936 [email protected] City, NV
Jiffy Lube | Evanston, WY
Just Closed!
$715,000Transaction Highlights:•8% cap •Only 6 years left on lease•Small Franchisee•1031 Buyer•30 day escrow to close
Peter [email protected] Rapids, MI
David De [email protected] Rapids, MI
David Cook, SIOR
Placida Plaza | Port Charlotte, FL
Just Closed!
$825,000Transaction Highlights:•Retail Center•All Cash•$34.35 p/sq/ft•Included (2) out Parcels•Contract to Closing 10 Days
J. Chris [email protected], FL
Ashley [email protected], FL
8985 E. Bell Road | Scottsdale, AZ
Just Closed!
$950,000Transaction Highlights:•Sale of Non-Performing Loan•Scottsdale Airpark Submarket•Negotiated "Friendly Foreclosure“•Structured Lease-Back/Buy-Back Terms Between Buyer and Tenant
Neil [email protected], AZ
Justin [email protected], AZ
Nicole [email protected], AZ
3751 Mammoth Trail | Madison, WI
Just Closed!
$1,200,000Transaction Highlights:•8 Year Old, 12,394 SF State of the art day care center•Bank Owned•Leased to an Operator Then Sold To An Investor
Chuck [email protected], WI
Jeff Jansen, CCIM
101 Asbury | Talladega, AL
Just Closed!
$1,300,000Transaction Highlights:•Represented Seller•Numerous Offers•All Cash, Quick Close•90% Of Asking
Dan [email protected], IL
Sean [email protected], IL
1110 SE 12th Avenue | Portland, OR
Just Closed!
$1,530,000Transaction Highlights:•Purchaser plans to develop 70+ unit Class A multi-family project with ground floor retail•Excellent location in Portland’s very popular Close-in SE Submarket•In contract before property hit the market•Represented purchaser in the transaction
John [email protected], OR
Steve [email protected], OR
3123 SE 148th | Portland, OR
Just Closed!
$1,635,000Transaction Highlights:•Generated 10 offers for property•Large square footage with washer/dryer hookup•Majority single-story courtyard with garages•Great curb appeal among neighborhood with lots of green space
Steve [email protected], OR
Rick [email protected], OR
Walmart | Malden, MO
Just Closed!
$1,900,000Transaction Highlights:•Negotiated Seller financing, owned by bank CEO•Non-recourse, 15 year term, no bank call option•From Contract to Close 79 days•Walmart at location since 1982
Louis [email protected], CA
Macaroni Grill | Hoffman Estates, IL
Just Closed!
$2,120,000Transaction Highlights:•15 years left on lease•8.18% cap•30 day escrow to close•All cash
Peter [email protected] Rapids, MI
David De [email protected] Rapids, MI
Henley Marina | Jupiter, FL
Just Closed!
$2,900,000Transaction Highlights:•Strategically located Marina in the Heart of the Jupiter Inlet Village•Prime Waterfront location in a Destination Paradise that cannot be duplicated anywhere in the country•Robert represented Henley Marina and brought the investor to the deal.Robert Hamman
10735 Moss Park Road | Orlando, FL
Just Closed!
$8,000,000Transaction Highlights:•23-acre parcel•Over 2-year process•Owner plans to construct a 60,000 SF medical building
Miguel de [email protected] Mary, FL
Gardner [email protected] Mary, FL
10223 NE Notchlog Rd | Vancouver, WA
Just Closed!
$14,500,000Transaction Highlights:•260 units in Vancouver WA (Portland MSA)•Buyer purchased with LIHTC and bonds•Buyer plans renovation of approx. $6 millionKarlin Conklin
Becky Potter, CCIM
Kevin [email protected], OR
Steve [email protected], OR
Rick [email protected], OR
Total Inventory:Total Inventory:$99,644,420$99,644,420
Gross Fee Buy Side:Gross Fee Buy Side:$2,742,379.10$2,742,379.10
Lezgus Plumbing Building | Bonita Springs, FL
$750,000 | For Sale
$26,250 | Buy Side Fee
Offering Highlights:•11,000 SF•Solid construction. High and dry location•Flexible - showroom, offices, workshop, roll up door•Variety of retail uses- or office•High visibility and traffic counts•Website: http://bit.ly/14Hdhl1
Ed [email protected], FL
Patty [email protected], FL
6640 Willow Park Drive | Naples, FL
$999,000 | For Sale
$29,970 | Buy Side Fee
Offering Highlights:•Well maintained 5507 square foot freestanding office building located in North Naples. Divided into two units of 2207sf and 3300sf. Use one side and rent the other for income or use the entire building.
Patty [email protected], FL
265 Hayward Avenue | Rochester, NY
$1,250,000 | For Sale
$30,000 | Buy Side Fee
Offering Highlights:•260 Units•Highly Visible, Central Downtown Location•Established Operation with Expansion Capability•Cornerstone Entrance - Rochester "Public Market District"•196,000 People in a 3-mile Radius•Prime Redevelopment Opportunity•Website: http://bit.ly/YyeLdO
Nick Malagisi, SIOR
2515 Pumice | Idaho Falls, ID
$1,417,900 | For Sale
$42,537 | Buy Side Fee
Offering Highlights:•20 Units•Nearly new•100% occupancy•Great locations•Low maintenance•Website: http://bit.ly/129byAU
Douglas Page, [email protected] Falls, ID
5684 E. Huntington Avenue | Fresno, CA
$1,450,000 | For Sale
$43,500 | Buy Side Fee
Offering Highlights:•28 Units: All 2 Bedroom / 1 Bathroom Units•Gated Complex•Large Courtyard•Next to Proposed Regional Shopping Center•Website: http://bit.ly/YwDTBU
Michael [email protected], CA
7751 Kingspoint Pwky., #113, #114, #115 | Orlando, FL
$1,495,000 | For Sale
$44,850 | Buy Side Fee
Offering Highlights:•7,358 SF•7.89% CAP•Long Term Established Medical Office with Urgent Care •NNN •Medical Office Condo•Near International Drive, I-4 Turnpike and 528•Website: http://bit.ly/14K1PoGRobert Hamman
Miguel de [email protected] Mary, FL
10469-10487 B. Folsom Blvd | Rancho Cordova, CA
$1,695,000 | For Sale
$29,662.50 | Buy Side Fee
Offering Highlights:•Price Reduction!•18,133 SF•First Time on the Market in Over 20 Years•Motivated Seller, Ready to Retire•Roof Only 4 Years Old•Website: http://bit.ly/11sf0aQ
Don [email protected], CA
2644 Valley Avenue | Winchester, VA
$749,900 | For Sale
$29,996 | Buy Side Fee
Offering Highlights:•2,964 SF•Freshly renovated.•Outside dining and possible to add drive in window.•FF&E are all new.•400 Amp Electric Service•Website: http://bit.ly/ZdDre9
Jim [email protected], VA
Lee [email protected], VA
3540 N. Main Street | Toms Brook, VA
$750,000 | For Sale
$22,500 | Buy Side Fee
Offering Highlights:•4,000 SF•Country C-store with deli/grill•Canopy with 2 gas pumps•Located along Main St, Rt. #11•$19,200 in rental income from adjacent property•Website: http://bit.ly/XSkIDc
Conrad Koneczny, CCIM
Jim [email protected], VA
725 E. Main Street | Luray, VA
$925,000 | For Sale
$27,750 | Buy Side Fee
Offering Highlights:•1,264 SF•Country C-store with abundant parking •Large canopy with 5 gas pumps•Located on Main St, just east of Historic Downtown Luray•Luray Caverns is just west of downtown •Wrangler Distribution Center just down the street•Website: http://bit.ly/ZaJzwP
Conrad Koneczny, CCIM
Jim [email protected], VA
2118 N. Frederick Pike | Winchester, VA
$1,500,000 | For Sale
$45,000 | Buy Side Fee
Offering Highlights:•2,400 SF•Large canopy with 5 gas pumps•Truck island for diesel fuel•Located on Rt. #522, one mile north of Rt. #37•Website: http://bit.ly/153Dyrs
Conrad Koneczny, CCIM
Jim [email protected], VA
3321 Valley Pike | Winchester, VA
$1,750,000 | For Sale
$52,500 | Buy Side Fee
Offering Highlights:•4,500 SF•Modern C-store with check cashing, inside cafe, beer cave, etc•Large canopy with 8 pumps•Drive thru car wash•Located on Rt. #11 near I-81 Exit #310•Built new in 2006•Website: http://bit.ly/10zjuu9Conrad Koneczny, CCIM
Jim [email protected], VA
8002 Winchester Road | Front Royal, VA
$1,750,000 | For Sale
$52,500 | Buy Side Fee
Offering Highlights:•11,320 SF•Located along busy RT 522.•Includes Car Wash•Additional space available for lease income•Website: http://bit.ly/XSit2y
Conrad Koneczny, CCIM
Jim [email protected], VA
Hoagland Industrial Park | Kissimmee, FL
$1,870,000 | For Sale
$56,100 | Buy Side Fee
Offering Highlights:•Bank owned. Well below replacement costs.•80+% occupied in the (16) Units, and (4) Pads Newer Construction (2008) •(2) Multi-Tenant Industrial Buildings each 9,540,sq/ft•(4) Vacant "Pad Ready" sites ranging from 3,049 sq/ft to 16,117 sq/ft•Off Site infrastructure in place•Good Frontage on Hoagland Blvd. and Direct Access to Hoagland realignment•Website: http://bit.ly/13Muc6x
J. Chris [email protected], FL
Ashley [email protected], FL
9885 Harrisburg Road | Fort Mill, SC
$2,100,000 | For Sale
$84,000 | Buy Side Fee
Offering Highlights:•26.63 Acres•B3 & B2 land with access to Harrisburg Road •Excellent proximity to major corporate office parks (Ballantyne; 521 Corporate Park (Red Ventures), Edgewater Office Park, Continuental Tire and others (Bailes Ridge)•Website: http://bit.ly/ZC9dKN
Boe [email protected] Hill, SC
Downtown Champaign Package | Champaign, IL
$843,620 | For Sale
$25,308.60 | Buy Side Fee
Offering Highlights:•Within Close Proximity To Downtown Champaign •100% Occupied With Leases Extended To August Of 2014•Can Be Purchased With 7 Other Investment Properties •Website: http://bit.ly/11GhhPZ
Alex Ruggieri, CCIM, MBA
Daniel [email protected], IL
510 N. Cunningham | Urbana, IL
$2,850,000 | For Sale
$57,000 | Buy Side Fee
Offering Highlights:•High Traffic Intersection•22,500 SF•14 Suites/Units Combinable•Strong Upside•Adjacent to New Walgreens•Website: http://bit.ly/Zb7Ofv
Alex Ruggieri, CCIM, MBA
Factory Outlet Center Commercial Corner | St. Augustine, FL
$3,200,000 | For Sale
$96,000 | Buy Side Fee
Offering Highlights:•3.82 acres. Key corner location with frontage on three roadways•Existing 14,790 SF retail building.•At the main entry to the St. Augustine Premium Outlets center•Great redevelopment opportunity•Hospitality, retail, food service, drugstore, mixed-use potential.•Website: http://bit.ly/13RTaBl Bob Lovelace, MAI, CCIM
[email protected] Smyrna Beach, FL
29 N. Blvd. of the Presidents | Sarasota, FL
$3,500,000 | For Sale
$70,000 | Buy Side Fee
Offering Highlights:•5,950 SF•High profile property!•Fully outfitted restaurant•Sleek contemporary finishes•Rare investment opportunity on St. Armands Circle•Website: http://bit.ly/16tmTMM
Gail [email protected], FL
Bruce [email protected], FL
7335 Gladiolus Drive | Fort Myers, FL
$4,065,000 | For Sale
$101,625 | Buy Side Fee
Offering Highlights:•7-Year Triple-Net lease at 8.5% Cap Rate•Rent Rate is $25 PSF NNN•Tenant; multi-billion dollar company: 21st century Oncology located in 16 states and 7 countries•Built in 2005 on 62,290 SF (1.43 Acres of Land)•Website: http://bit.ly/10Abo4rMark Alexander, CCIM
[email protected] Myers, FL
715 Cedar Lake Road | Decatur, AL
$4,240,000 | For Sale
$106,000 | Buy Side Fee
Offering Highlights:•188 Units•Well Maintained Class B Apartment Community •An attractive and stable asset at a 10.58% Pro Forma CAP rate•Definite Upside with rents and occupancy increases •New Roofs in 2009•Outside Painted in 2012•Pool and Clubhouse •Large Units •On site management •Website: http://bit.ly/10CqTqU
Neil Victor, CCIM
Andrew [email protected], AL
2916 SE 125th Avenue | Portland, OR
$4,350,000 | For Sale
$87,000 | Buy Side Fee
Offering Highlights:•45 two & three bedroom units•Rent upside adds $36,000 in annual income•Quiet neighborhood location•4444 Businesses within a three mile Radius•Close to Max and major bus lines•Cap Rate 6.7%•Website: http://bit.ly/16Gu7PfJulie Richard-Schutrop
301 Tilghman Road | Salisbury, MD
$4,550,000 | Opening Bid
$113,750 | Buy Side Fee
Offering Highlights:•135,477 SF•Neighborhood Center K-Mart Anchored•Renovated in 2003-2007•New facade under construction•Signalized Intersection / Room for Expansion•9.98% CAP Rate•http://www.auctionpoint.com/GatewayCrossing/auctionroom.aspx
John McClellan, CCIM
Auctionpoint.com 2013 ListingAuctionpoint.com 2013 Listing
Costa Rica Resort | Central Pacific Coast Area, Orotina, Costa Rica
$5,000,000 | Starting Bid
$75,000 | Buy Side Fee
Offering Highlights:•Auction Date: May 29, 2013 online from 11-3 P.M.•One-of-a-Kind Costa Rica Development - Private & Secure (walled)•20 Acre Compound with 10 Houses and Reception Building•Perfect for Family/Corporate Retreat or Medical Rehabilitation Facility•Quick and Easy Access from San Jose's International Airport•QUALITY PROPERTY WITHOUT EXCEPTION!•http://www.auctionpoint.com/villasdelrey
Don Erler, CAI, AARE
Auctionpoint.com 2013 ListingAuctionpoint.com 2013 Listing
Bill Menish, CAI, AARE
3607 Wendover Avenue | Greensboro, NC
$5,150,000 | For Sale
$128,750 | Buy Side Fee
Offering Highlights:•21,171 SF•Highly Visible Location•Net leased to Crown Automotive, a subsidiary of Asbury Automotive Group•Possible Owner Occupant Opportunity-please call for details•10% cap rate•Over 4 years remaining on the initial lease term.•Website: http://bit.ly/ZYH3NQ
Jay Taylor, CCIM
21476, 21542 & 21596 N. John Wayne Pkwy. | Maricopa, AZ
$5,350,000 | For Sale
$133,750 | Buy Side Fee
Offering Highlights:•32,885 SF•Multi Tenant Shopping Center for Sale with Ace Hardware as the anchor.•8.01% CAP – 95% Occupied•Only Hardware Store in Town – Captive Market!•Website: http://bit.ly/14XLbCk
Kevin [email protected], CO
Ryan [email protected], AZ
Family Dollar & Bio-O Tires Portfolio | Oklahoma City, OK
$5,824,000 | For Sale
$116,480 | Buy Side Fee
Offering Highlights:•8.62% CAP Rate•Nine (9) stores in the portfolio•Seven (7) Family Dollars built between 1998-2003•Two (2) Big-O Tires built in 2007•Modified gross leases on all Family Dollar stores•NNN leases on both Big-O Tires•All stores are located in and around Oklahoma City in Central Oklahoma•Website: http://bit.ly/16wUcR0
Blake [email protected] City, OK
Tim Strange, CCIM, SIOR
[email protected] City, OK
John Wayne Executive Guild Center | Costa Mesa, CA
$6,950,000 | For Sale
$139,000 | Buy Side Fee
Offering Highlights:•64,743 RSF Office & Condo Portfolio •2 Two-story Buildings -- 11 Single Story Condos•95% +/- Occupancy -- Diversified Tenant Base•Adjacent to John Wayne International Airport•http://www.AuctionPoint.com/JohnWayneEGC•5/30/2013 Starting Bid: $4,425,000 -- 9.2% CAP •Website: http://bit.ly/10t3ut6
Dennis Moore, CCIM
Auctionpoint.com 2013 ListingAuctionpoint.com 2013 Listing
Parkway Professional Center | Carson City, NV
$8,650,000 | For Sale
$259,500 | Buy Side Fee
Offering Highlights:•73,298 SF ($118/SF)•8% Cap Rate•Ten Buildings on Separate Parcels•Located at I-580 Off-ramp•Located in 100 Acre Business Park•Long Term Tenants•Upside Potential in Rent•Website: http://bit.ly/YrpsPv
Thomas Johnson, CCIM
775-825-3330 [email protected], NV
Tomi Jo Lynch775-825-3330 [email protected], NV
453-459 Vandehei Avenue | Cheyenne, WY
$5,870,000 | For Sale
$176,100 | Buy Side Fee
Offering Highlights:•29,329 SF•8% cap rate•10.69% cash on cash•Class A Retail Center in Income Tax-Free State•One of the Best Retail Locations at I-25 and Vandehei Ave•Strong Anchor Tenant on New 10 yr Lease•Great demographics and HH incomes exceeding $80,000•No Barriers to New Financing - Proposed Loan Quote at 4.5%•Website: http://bit.ly/ZDYsrn
Steve [email protected] Collins, CO
Troy [email protected], CO
Dean [email protected], CO
Excellent WY Development Opportunities | Cheyenne, WY
$8,800,000 | For Sale
$440,000 | Buy Side Fee
Offering Highlights:• 3 Parcels w/ 3 Zoning Classifications
• 20.35 acres - Agricultural Res• 90.54 acres – MUB• 7 acres - Lt Industrial
• Parcels can be Acquired Individually• Ideal for Self /Outdoor Storage, Multi- Family, Warehouse, Workforce Housing• Immediate Access to Major Roadways; I-25 & I-80 and U.S. Highways 30 & 85• Annexed into City of Cheyenne• Beautiful Contours & Incredible Views• Website: http://bit.ly/11x4grU
Linda [email protected] Collins, CO
Steve [email protected] Collins, CO
Robert [email protected] Collins, CO
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