svn live™ open sales call 7-18-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Call
Date: July 18, 2016
Presenters:
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
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*For qualified transactions, 50% of the gross
commission to the buy side.
SVNIC Welcomes
SVN | Tideland Commercial
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Market Areas: Charleston, Myrtle Beach, North Myrtle Beach, Conway & Pawleys Island, SC
Areas of Practice: Sales and leasing of Office, Retail, and Land
Years of Experience: 80+ Combined Years
2411 North Oak Street Suite 201, Myrtle Beach, SC 29577
Phone: (843) 839-4100
Van WattsManaging Director
Brown Bethune, CCIMManaging Director
Jeremy BlackburnManaging Director
Phil BethuneSenior Advisor
*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
Job growth restored in June
Absorption rate of new apartments increases
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: July 18 – July 23, 2016
Tuesday, July 19th
Investor/Economic Forum with Dr. Josh Harris12:00 pm PT / 3:00 pm ET
Wednesday, July 20th
Office Council Call11:00 am PT / 2:00 pm ET
Saturday, July 23rd
Saturday Call with John McDermott8:30 am PT / 11:30 am 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:
• Sale of office building at 2821
NW 50th St
• Off market transaction
• Seller procured by cold call
• Property went under contract in
two weeks
$1,100,000 | Just Closed
Medical Office
2821 NW 50th St | Oklahoma City, OK
Andrew Hwang | 405.772.7255 | [email protected]
Girma Moaning | 405.772.7254 | [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:
• Located in one of Columbus’s
“hyper markets” called Grandview
Yard
• Represented seller whose basis was
only $200,000
• Vintage industrial building will be
demolished for high rise self storage
property
• SVN team of Tim Treasure and
Doug Wilson procured the
buyer/developer$1,260,000 | Just Closed
Retail
1123 Goodale Blvd | Grandview Heights, OH
Doug Wilson | 614.206.3881 | [email protected]
Tim Treasure, SIOR | 614.403.8162 | [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:
• 6.5% cap rate
• New 15-year lease
• Colvin teamed up with John
Peron in David Rich’s Office to
help him with a challenging
1031 buyer
$1,270,000 | Just Closed
Retail
NNN Leased Dollar General | Bay City, MI
Peter Colvin | 616.893.1398 | [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 & under contract within
hours to local buyer
• 22nd transaction for team in
neighborhood
• Buyer intended on selling only
one asset, accepted offer for
portfolio
• Recently renovated units
• Hot Pilsen neighborhood$1,290,000 | Just Closed
Multifamily
1826 & 1840-42 W Cermak Rd (2 Buildings + Vacant Lot) | Chicago, IL
Paul Cawthon | 312.676.1878 | [email protected]
Angelo Labriola | 312.676.1870 | [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:
• Central Palm Springs location
• Strong housing market
• Motivated seller
$1,300,000 | Just Closed
Land
1550 E. Amado Road | Palm Springs, CA
John Stiles BRE#00816328 | 760.323.4886 | [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:
• 6186 SF retail/office building
• 3107 SF long-term retail tenant
in place
• Buyer intends to occupy second
floor office
$1,360,000 | Just Closed
Retail
1305 Grant Avenue | Novato, CA
John Williams BRE#00777607 | 415.897.4422 | [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:
• Represented buyer in owner
user industrial building
• Seller was a beer distributing
company
• Buyer is an artisan cheese
maker
• 20,980 SF building mostly
refrigerated
• Ninth transaction with this
family$2,843,131 | Just Closed
Industrial
454 Payran Street | Petaluma, CA
John Williams BRE#00777607 | 415.897.4422 | [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:
• Multiple offers received
• Purchased by a California investor
• Sold at 19% over appraised value
• Buyers plan to repurpose the
property to conventional multifamily
• Have buyers actively looking for
Class B & C multifamily properties
in Oklahoma City and Tulsa, OK
Just Closed
Multifamily
6022 NW 23rd Street | Oklahoma City, OK
Paul Yazbeck | 972.916.9045 | [email protected]
Jonathan Krebbs | 972.382.9936 | [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:
• Fractured condominium project -
132 of 148 units
• New Fannie Mae Financing
• Traded over $500,000 more than
any other broker advised the seller
the property was worth
• Multiple non-refundable earnest
money offers
• Buyer plans to upgrade interiors to
enhance valueJust Closed
Multifamily
Fielder Crossing Condominiums | Arlington, TX
Todd Franks | 972.916.9397 | [email protected]
Jonathan Krebbs | 972.382.9936 | [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:
• Awarded exclusive listing competing
against all top CRE firms in U.S.
• Earned listing & buy side fees
• Seller paid a bonus commission at
closing due to performance
• (41) CVS & Walgreen’s closed since
2012
$63,000,000 | Just Closed
Retail
(13) Texas Walgreen’s PortfolioGlen E. Berhow | 469.828.1950 | [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.
New Inventory:$97,507,220
Buy-Side Commission:$1,764,738
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Offering Highlights:
• Class A Medical Office Building
• 24,788 SF
• Perfect for a medical practice to
be owner/user with existing
tenants
• Well located in the St. Francis
Hospital Corridor
$1,000,000 (Opening Bid) | For Sale at Auction
2.5% | Buy Side Fee
Medical Office
1051 Greenwood Springs Blvd | Greenwood, IN
David L. Bickell, CCIM | 317.752.4001 | [email protected]
Jess Lawhead, CCIM | 317.454.2241 | [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:
• 3.2% cap rate
• GRM 18.4
• Price per unit $347,500
• Potential owner user
$1,390,000 | For Sale
$27,800 | Buy Side Fee
Multifamily
5703 Hazeltine Ave | Sherman Oaks, CA
Danny Fishman BRE#01395699 | 818.267.9000 | [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:
• Three commercial lots
• From 1.98 to 2.38 acres
• Combine for 6.34 acres
• Priced at $4.75/SF & $6.00/SF
(corner)
• Flexible M1 zoning, plus B3 uses
• Located at NWC of US 30 & Dugan
Rd.
• Additional frontage on Airpark Dr.
• Just west of Aurora Municipal Airport$1,419,620 | For Sale
$42,588 | Buy Side Fee
Land
NWC US Hwy 30 & Dugan Road | Sugar Grove, IL
Neil Johnson | 630.938.4950 | [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:
• 7,968 SF concrete building
• 2 private offices and waiting room
• 2 ADA bathrooms
• Large air conditioned storage room
• 11 hoists and 1 front end
alignment machine
• 400 amp, 3 - phase
• 23 secured parking spaces
• Fire sprinkler system throughout
• Great signage and visibility$1,450,000 | For Sale
$29,000 | Buy Side Fee
Retail
3105 East Main Street | Mesa, AZ
David Benzing | 480.719.2496 x 102 | [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:
• Price reduction – below replacement value at
$95.00 PSF / 9.15% cap on actual
• Well maintained / newer roof & low energy
lighting
• Solid long-term tenants
• Building size - 15,676 SF
• Located a 1/2 mile west of the 51 freeway and
1/2 mile south of Bell Road
• Only 1 mile from Paradise Valley Community
College and Paradise Valley Golf Course$1,490,000 | For Sale
$29,800 | Buy Side Fee
Retail
Paradise Place Retail Center | Phoenix, AZ
Shari A. Tucker | 480.425.5537 | [email protected]
Judy Jones | 480.385.1588 | [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:
• In immediate vicinity to existing
national tenants
• Situated on over 28,000 SF
• Located on the southwest
corner of Ogden Ave & Austin
Blvd
$1,500,000 | For Sale
$37,500 | Buy Side Fee
Retail
6001 W Ogden Avenue | Cicero, IL
Scott R. Maesel | 312.676.1860 | [email protected]
Andrew Gomez | 312.756.7355 | [email protected]
Adam Thomas | 847.219.6383 | [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:
• Three grade-level doors
• Two electric hangar doors
• Laydown space and runway
frontage
• Warehouse is insulated and
sprinkled
$1,550,000 | For Sale
$42,625 | Buy Side Fee
Industrial
4475 Maygarden Road | Pensacola, FL
Rodney Sutton | 850.429.8640 | [email protected]
Stephanie Gilbert | 850.434.7500 | [email protected]
Christopher Bouchard | 850.434.7500 | [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:
• Excellent NNN leased investment
opportunity!
• 5.75% cap rate
• NOI = $114,000
• Waste Management Inc. (Fortune
500 company) single tenant
• 10 year history with tenant, just
renewed for 10.5 years
• Annual CPI adjustments and
renewal options$1,982,600 | For Sale
$49,565 | Buy Side Fee
Industrial
6303 Da Lisa Road | Milton, FL
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Rodney Sutton | 850.429.8640 | [email protected]
Stephanie Gilbert | 850.434.7500 | [email protected]
Christopher Bouchard | 850.434.7500 | [email protected]
Offering Highlights:
• Hard corner on lighted intersection
on major arterial in Spokane
• Walking distance to downtown,
Gonzaga University, Riverfront Park,
Spokane Convention Center, and
Rockpointe Business Center
• 11,638 SF main floor
• 10,409 SF finished lower floor
• Strong nearby retail: Chipotle,
Qdoba, Jack in the Box, Sonic
Burgers, Taco Time$2,000,000 | For Sale
$60,000 | Buy Side Fee
Retail
1233 N Division | Spokane, WA
Guy Byrd | 509.953.5109 | [email protected]
Taylor Gibbons | 509.939.1741 | [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:
• Additional value in TI
reimbursements
• Excellent location
• Rent roll under market
• Anchor tenant has ROFR on
vacant space
• Owner would consider partial
rent guarantee
$5,400,000 | For Sale
$108,000 | Buy Side Fee
Office
1900 Hines Street SE | Salem, OR
Jennifer Martin, CCIM | 503.588.0400 x 202 | [email protected]
Taylor Morin | 503.588.0400 x 203 | [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:
• National Credit Tenant Single-
Tenant
• Pure NNN Corporate Guarantee
• Class A
• Built in 2008
$5,836,000 | For Sale
$116,720 | Buy Side Fee
Retail
590 E. Pecos Road | Chandler, AZ
JR Weiss | 503.208.9408 | [email protected]
Ryan Imbrie, CCIM | 503.208.9403 | [email protected]
Michael Gustafson | 480.425.5500 | [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:
• 17 +/- acre fully entitled site for
up to 360 ALF/ILF/Memory Care
Units
• Planned community of retail,
residential, apartments, &
senior housing
• Full signalized access
• High growth area
$5,940,000 | For Sale
$178,200 | Buy Side Fee
Land
Center and River Road | Venice, FL
Tony Veldkamp, CCIM | 941.487.6990 | [email protected]
Mike Migone, CCIM | 941.487.6986 | [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:
• 17 +/- acre fully entitled site for
up to 360 multifamily units
• Planned community of
residential, apartments, &
senior housing
• Full signalized access
• High growth area
$5,940,000 | For Sale
$178,200 | Buy Side Fee
Land
Tony Veldkamp, CCIM | 941.487.6990 | [email protected]
Mike Migone, CCIM | 941.487.6986 | [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.
River Road and Center Boulevard | Venice, FL
Offering Highlights:
• 13.3 +/- acre site entitled for
retail and commercial with 2
outparcels
• Planned community of
residential, apartments, &
senior housing
• Full signalized access
• High growth area
$6,342,000 | For Sale
$190,260 | Buy Side Fee
Land
River Road and Center Boulevard | Venice, FL
Tony Veldkamp, CCIM | 941.487.6990 | [email protected]
Mike Migone, CCIM | 941.487.6986 | [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 maintained single family homes
• Strong rental demographics
• Steady, appreciating growth market
• All located in the Nashville Metropolitan
Area
• Huge potential return for investor who
can flip 1-2 homes per year
• Purchase at 80% of market value in the
hottest market in the Southeast U.S.
• Address represents one of the 53
properties
$5,999,000 | For Sale
$179,970 | Buy Side Fee
Residential Income
3717 Waterford Way | Antioch, TN
Andrew Agee | 256.653.0065 | [email protected]
Desiree Palmer | 773.886.6010 | [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:
• Investor or owner user
opportunity
• 95,483 SF with 50,000 SF
expansion capability
• Immediately off I-287 & within
minutes to NJ Turnpike and I-78
• Abundant trailer parking and
rail connectivity
$8,000,000 | For Sale
$160,000 | Buy Side Fee
Industrial
4100 New Brunswick Avenue | Piscataway, NJ
Robert Levin | 212.866.5858 | [email protected]
Tom Hamm | 203.968.1800 | [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:
• Extremely rare trophy property
• A+ location in the heart of West
Hollywood
• Signalized corner with traffic
volume of over 45,000 ADT
• Strong tenant base with long-
term NNN leases
• Ideal long-term investment with
future development potential$13,000,000 | For Sale
$130,000 | Buy Side Fee
Retail
Trophy Retail Center | West Hollywood, CA
Rob Zaharia BRE #01404426 | 310.984.1050 | [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:
• Two properties; total of 320 units
• 6.3% cap rate
• Total of 41 buildings, built in 1988
• Two story garden walk-up style
mix of one, two, and three
bedroom units
• Quick access to I-15 freeway
$27,268,000 | For Sale
$204,510 | Buy Side Fee
Multifamily
Multifamily Portfolio | Victorville, CA
Michael Miyagishima, CCIM BRE#00481551 | 415.837.1200 | [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.
SVN.COM
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