sperry van ness #cre national sales meeting 7-1-13
DESCRIPTION
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Visit www.svn.com/mondaycall if you would like to attend our weekly call which we open up to the brokerage community.TRANSCRIPT
National National Sales MeetingSales Meeting
July 1, 2013July 1, 2013
SVNIC Welcomes…Sperry Van Ness®
JV Property Management & Brokerage, Inc.
James EngelManaging Director
1008 West Hillcrest BlvdInglewood, CA 90301
CA Phone: (888) 340-0707; OK Phone: (888) 360-0707; TX Phone: (888) 380-0707
Market Areas: Los Angeles County, CA (brokerage); All states West of the Mississippi River (property management)
Areas of Practice: Multifamily Brokerage and Property Management. Years of Experience: James Engel: 12 years; Victor M. Rex 9 years
Victor M. RexManaging Director
Broker Boot CampBroker Boot Camp
Boot Camp is designed to give new to Sperry Van Ness Advisors the information they need to utilize the SVN systems, tools and resources. The 3-day event will be held in Chicago, IL. Breakfast and lunch will be provided each day. There will be an SVNIC hosted cocktail mixer on Thursday evening.
**Advisors are responsible for their flight and hotel arrangements.
Dates: August 14, 15, 16Dates: August 14, 15, 16Location: Chicago, ILLocation: Chicago, IL
SIGN UP TODAY!SIGN UP TODAY!Please contact [email protected] to reserve
your space. Spots are limited.
This Week’s Upcoming EventsThis Week’s Upcoming Events
Wednesday, July 3rdNational Deal Making Call (8:30am PT / 11:30am ET)
Thursday, July 4thSVNIC Office will be closed in
observance of Independence Day
Old Stage Road | Delmar, DE
Just Closed!
$680,000Transaction Highlights:•Originally constructed as daycare facility / converted to church facility •10,000 sq.ft. on 2.75 Acres •3 years on the market
Henry Hanna, CCIM, SIOR
Wesley Cox, CCIM
Chris [email protected], MD
Extra Space Self Storage | Amsterdam, NY
Just Closed!
$950,000Transaction Highlights:•List to Closing 105 days•A true 9% Cap Rate deal, plus extra land for possible expansion.•Price at $32.55/NRSF is less than replacement cost.•Seller was Extra Space, one of the 4 REIT in the industry. Property sold to a regional operator looking to expand.Nick Malagisi
901 W. Wall Street | Midland, TX
Just Closed!
$1,200,000Transaction Highlights:•Sold the vacant office property 4 times before the lender foreclosed on the property while it was under contract. •Eventual buyer paid less than previously contracted.•Low price - $28 psf for 43,000 sf on entire city block.•Value add play- To be redeveloped in the hot "oil& gas" Midland, TX market.
Wes Hallmark, CCIM
806-797-2190 [email protected], TX
Capital City Business Center | Salem, OR
Just Leased!
$4,962,101.52Key Lease Terms:•New 10 year lease with State of Oregon *36,586 SF in 240,000+SF building•Lease signing to occupancy in less than 60 days•Represented GPT Properties Trust
Curt Arthur, SIOR
Jennifer Martin, CCIM
Total Inventory:Total Inventory:$48,455,000$48,455,000
Gross Fee Buy Side:Gross Fee Buy Side:$1,233,900$1,233,900
Cambridge Apartments | Idaho Falls, ID
$1,125,000 | For Sale
$33,750 | Buy Side Fee
Offering Highlights:•16 Units•Large land area for adding tenant and curb appeal•Two buildings are duplexes with new roofs•Two buildings are 6-units with metal roofs and twelve oversized garages•Many units upgraded, including appliances, windows, paint & carpet•Website: http://bit.ly/144COlW
Douglas Powell, [email protected] Falls, ID
525 Levy Road | Folsom, CA
$1,250,000 | For Sale
$37,500 | Buy Side Fee
Offering Highlights:•3,480 SF•9.7% cap rate•Website: http://bit.ly/12OxiWu
Walter [email protected], CA
Lost Hills RV Park | Lost Hills, CA
$1,295,000 | For Sale
$32,375 | Buy Side Fee
Offering Highlights:•Motivated seller•19.68% cap rate (Pro Forma)•85 Total Spaces•Pool, Playground, Laundry/Showers•General Store•Manager's Apartment•Huge Upside•Rare Opportunity•9.3 Acres with Land for Expansion•Website: http://bit.ly/12hMcCIMark Yadisernia
[email protected] Angeles, CA
11577 Pellicano Drive | El Paso, TX
$1,900,000 | For Sale
$47,500 | Buy Side Fee
Offering Highlights:•Located In East El Paso, TX•Approximately 1 Mile North of Interstate-10 at Lee Trevino Interchange•1,280 square foot Stand Alone Office building•11,700 square foot Drive in Maintenance facility with Eight (8) oversized doors•Built on 9.19 Acres•Website: http://bit.ly/12nJaNs
Michael T. Livingston, CCIM, SIOR
[email protected] Paso, TX
101 Thermon Drive | San Marcos, TX
$1,900,000 | For Sale
$47,500 | Buy Side Fee
Offering Highlights:•Great Visibility and Accessibility from I-35.•Large lot at 2.35 Acres on the Corner of Thermon Drive and IH-35 Service Road.•The Building was Remodeled in 2010. •Server Room with Fiber and Generator Hook Up. Security System with Fire Monitoring also Existing.•Website: http://bit.ly/12oLKmn
Steve Rodgers, CCIM
[email protected] Braunfels, TX
1040 W. Arkansas Lane | Arlington, TX
$2,400,000 | For Sale
$72,000 | Buy Side Fee
Offering Highlights:•High Traffic Retail Building•For sale or lease•$12.00 NN•Well Maintained 24,500 SF Box•314,000 Population/ 5 Mile Radius•Website: http://bit.ly/1538xVR
James Blake, CCIM
817-870-9886 [email protected] Worth, TX
Neil [email protected], AZ
Country Woods Apartments | Dayton, OH
$2,400,000 | For Sale
$60,000 | Buy Side Fee
Offering Highlights:•Apartment Rehab Opportunity•351 Units•Largest Apartment Community in the Submarket•90 Rentable Units/Currently 69 Occupied Units•Approximately $850,000 Spent in Recent Improvements•All Units are Sub-metered for Electric/HVAC •$6,837 Price per Unit•Website: http://bit.ly/13aKDIW
Bart [email protected] Township, OH
Trenton Place | Willoughby (Cleveland), OH
$7,985,000 | For Sale
$119,775 | Buy Side Fee
Offering Highlights:•144 Units•7.72% cap rate•5 Minutes from I90, I271, and Ohio Route 2•Nestled in Heavily Wooded Area on Major Artery, Euclid Ave.•Within a Mile of Most Major Retail and full service Hospital•Resurfaced parking lots and all new building entrances, intercoms and common areas.•Website: http://bit.ly/11LhD8O
Victor S. Voinovich, [email protected], OH
2531 Cleveland Ave | Ft. Myers, FL
$12,500,000 | For Sale
$312,500 | Buy Side Fee
Offering Highlights:•Medical Sale/Leaseback•7.6% Cap Rate•10 YR NNN Lease starts at $26 psf NNN with 2% Annual bumps•Limited personal guarantees by 8 orthopedic surgeons•Located across street from hospital•Website: http://bit.ly/12nIBD5
Mark Alexander, CCIM
[email protected] Myers, FL
Gas Convenience Portfolio | 18 Sites in NJ, PA & MD
$15,700,000 | For Sale
$471,000 | Buy Side Fee
Offering Highlights:•Total of 18 Sites- 10 in NJ; 5 in PA; 3 MD•Opportunity to operate convenience stores and bay areas•Opportunity for redevelopment•All Gas Stations to carry Sunoco Flag
Mark D. [email protected], PA
Jack [email protected], PA
Scott Skogmo, SIOR
Thank you for joining us! Thank you for joining us!
For information about all of For information about all of
our listings please visitour listings please visit
www.svn.com