coldwell banker commercial - advantage 2010 4th quarter

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Lubbock Industrial Market: 2010 3rd Quarter ReviewThe overall Lubbock Industrial mar-ket is showing some positive signs of tightening up as the number of list-ings (both “For Sale” & “For Lease”) has been reduced over the last quar-ter. Concurrently, the total available square footage in both “For Sale” and “For Lease” properties has been reduced by over 400,000 square feet and approx 35,000 square feet re-spectively.

That being said, there still remains approx 1,586,026+ square feet of available space in both “For Sale” and “For Lease” properties in the Lubbock market, resulting in a city wide vacancy of approx 7%.

Coldwell Banker Commercial Indus-trial Team’s extensive research has shown that the average asking price of properties on the market today which are “For Sale” is $31.92 while properties which are “For Lease” are asking $4.68/SF/YR.

It is important to note that these fig-ures are for the entire city of Lubbock, thus north-east and south-west Lub-bock pricing are included collectively.

Prices for north-east Lubbock are ranging in the $2.50-$3.00/SF/YR while prices in south-west Lubbock range from $5.00-$8.00/SF/YR.

With the increase in activity across the Industrial spectrum, now is the perfect time to consider your plans for your disposition and acquisition plans for an Industrial property.

Buyers are still actively looking for adequately priced properties to help with their expansion plans.

With the historically low interest rates our local banks are offering, now is the perfect opportunity to discuss the pos-sibility of acquiring space for a new lo-cation for you and your business.

To discuss the true value of your property

September 2010 Industrial Update:(Numbers show difference from previous month)

Total Number Sale Listings 40 +8.11%Total Number Lease Listings 32 -20.0%Total Sq Ft Available (For Sale Listings) 1,053,969 -6.36%Total Sq Ft Available (For Lease Listings) 532,057 -43.9%Total Dollar Volume Available (For Sale Listings) $20,430,062 -8.22%Current Average Asking Price Per Sq Ft (For Sale Listings) $31.92 -0.72%Current Average Asking Price Per Sq Ft (For Lease Listings) $4.68 -10.86%Current Average Asking Price –Cap Rates (Investment Property) 8.31% -1.714%Total Lubbock Inventory (Approx Sq Ft) 24,000,000 ----------

Contact: Jef Conn, CCIMDirect phone: 806.784.3216E-mail at [email protected]

This is not a solicitation as to what your property may be worth. The increase Price/SF in-cludes properties across the spectrum with amenities including: land, office space, newer construction, location, etc.

Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing a 3,160 SF and a 2,332 SF retail space on West Loop 289

Coldwell Banker Commercialrepresented the Owner and the Buyer in the disposition and acquisition of a 2,600 SF of-fice building in the medical district.

Coldwell Banker Commercialrepresented the Seller in the disposition of a 5,263 SF office building.

Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing 1,663 SF of retail space in the Indiana Gardens North center.

Coldwell Banker Commercialrepresented the Seller in a build to suit 12,979 SF office build-ing in The Oaks development.

Coldwell Banker Commercialrepresented the Buyer in the acquisition of a NNN Invest-mement property: Applebee’s Restaurant in Killeen, TX.

1031 Exchange - Apartments to NNN’s

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Opportunity/ChallengeRecently an out of state investor contacted Coldwell Banker Commercial regarding 2 apartment complexes owned in Snyder, Texas. Retired and living out of state, the investor was anxious to dispose of the apartment assets and complete a 1031 tax free exchange into less management intensive investments.

The Multi-Family Group of Coldwell Banker Commercial assisted the owner in valuing, marketing, and the disposition of the property on the Seller’s behalf. Coldwell Banker Commercial packaged both apartment complexes together, developed and imple-mented a strategic marketing plan, and sold both properties in a single transaction.

The Seller then placed the sale proceeds into escrow to start the 1031 exchange time-line. The investor had a short window of 45 days to identify 3 possible properties to exchange into. The entire process had to be completed in less than 180 days.

SolutionTo best serve and meet the needs of the investor, the Net Leased Group of Coldwell Banker Commercial took over to acquire several single tenant, NNN investments with zero landlord responsibilities.

The Net Leased Group was involved in every step of the acquisition including property selection, site analysis, financial and investment analysis, and negotiations on be-half of the investor; who successfully completed the 1031 exchange into 2 long term leased assets.

The investor purchased two NNN retail assets with the proceeds from the apartment sales.

Coldwell Banker Commercial worked directly with the investor, attorneys, 1031 ex-change accommodator and lenders to successfully bring these transactions to the closing table.

The market knowledge and experience of the Net Leased Group of Coldwell Banker Commercial allowed for a smooth transition into long term, cash flowing assets for the investor and her family.

If you would like information on commercial real estate investments or take advantage of our unmatched national marketing platform, call Coldwell Banker Commercial today.

Applebee’s18+ years left on lease

KFC20 year lease

Contact: Parker Carroll, CCIMDirect phone: 806.784.3219E-mail at [email protected]

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Opportunity/Challenge

The seller, Triangle Insurance Co, needed to dispose of an office property they no longer needed.

The property consisted of a 3,121 sq. ft. building located in the Briercroft Office Park in Lubbock, TX. After using another broker, the seller contacted the Coldwell Banker Commercial TEAM to aggressively market the property both nationally and locally.

SolutionThe Coldwell Banker Commercial TEAM listed the property and launched an extremely aggressive marketing campaign complete with property signs, flyers, internet exposure on multiple national websites, a specialized website for the property and classy e-mail marketing.

After a period of aggressive marketing, a buyer was found. It took 8 showings between Coldwell Banker Commercial and another broker with multiple offers by the buyers to bring this to a close. Two offers were made by the same company but failed to close. As the saying goes, the third time is a charm. The 3rd and fi-nal offer closed May 27, 2010. It took over 100 phone calls, 250 emails, 100 text messages and 15 letters, yet Coldwell Banker Commercial never gave up

Value Added By Coldwell Banker Commercial Office Team• Aggressively marketed the property on behalf of the lender.• Worked together with another broker who brought the buyer. Coldwell

Banker Commercial organized all vital details with this broker to get this property sold.

• Unmatched marketing exposure. • Unparalleled follow-up between Coldwell Banker Commercial & other bro-

ker. All said, more than 500 points of contacts were used to bring this to a successful close.

• Coldwell Banker Commercial never gave up

“After switching agents to Jef, he was able [to] complete the sale within a matter of months, which shows he did a great deal to improve the number of potential buyers.” –John Berg, CIC, Seller

If you would like to take advantage of our national platform, local expertise and unmatched marketing platform for your property, contact the Coldwell Banker Commercial Industrial Team today.

Coldwell Banker Commercialrepresented the Buyer in the ac-quisition of a NNN Investment property: Buffalo Wild Wings in Austin, TX.

Coldwell Banker Commercialrepresented the Buyer in the ac-quisition of a NNN Investment property: KFC in Ft. Worth, TX.

Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing 5,265 SF in the new South Pointe Busi-ness Park.

Contact: Jef Conn, CCIMDirect phone: 806.784.3216E-mail at [email protected]

Aggressive Marketing Through National Platform

Just Leased

3223 SOUTH LOOP 289 34TH STREET & INDIANA AVENUE

Pyramid Plaza Indiana Gardens North

Just Leased

Just Leased Just Leased

Just Sold

South Plains Crossing Former MassMutual Building

Chicken Express Land Sale

6802 SLIDE ROAD 2333 - 50TH STREET

2ND STREET & SLIDE ROAD

Represented the Landlord and the Tenant in leasing three office suites in Pyramid Plaza Office Building represent-ing approximately 11,365 square feet. Also, represented the Landlord in leasing a 1,040 SF office suite.

Represented the Landlord and the Tenant in leasing seven store-front retail spaces in Indiana Gardens North representing approximately 7,775 square feet.

Represented the Landlord in leasing a 8,424 square foot retail store-front space in South Plains Crossing. Also, represented the Landlord and the Tenant in leasing retail space totalling approximately 2,400 square feet.

Represented the Landlord in leasing the former Mass-Mutual Office Building representing approximately 15,364 square feet.

Represented the Seller and the Buyer in the disposition and acquisition of a 37,600 SF tract of land for the con-struction of a Chicken Express.

Windy Ridge Apartments

5444 50TH STREET

Represented the Buyer in the acquisition of the garden style, 62-unit Windy Ridge Apartment community.

Just Sold

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Just Leased

South Pointe Office Park

2034 82ND STREET

Just Leased

Lakeridge Plaza S. C. Oak Center

5109 82ND STREET 6121 79TH STREET

Represented the Landlord in leasing approximately 526 square feet of office space in South Pointe Office Park and the Tenant in approx. 704 square feet.

Represented the Landlord and the Tenant in leasing a 2,400 square foot retail space in Lakeridge Plaza Shop-ping Center.

Represented the Owner in the sale of a recently construct-ed 12,974 square foot office building in Oak Center.

500 EAST YUCCA LANE

Coldwell Banker Commercial rep-resented Monsanto in the purchase of a 17-acre tract in Lubbock Busi-ness Park.

Monsanto, the agricultural biotech-nology giant, is building a $15 mil-lion cotton research and develop-ment facility.

The megasite will provide a cen-tral point for the company’s cotton breeding and testing programs in the High Plains region of Texas.

Just Sold

Just Sold

Just Leased

Northpark Shopping Center

405 SLIDE ROAD

Represented the Landlord in leasing approximately 4,323 square feet of store-front retail space in Northpark Shop-ping Center.

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5502 AUBURN 1116 E. 50TH STREET

Just Sold

2517 - 74TH STREET

Represented the Owner in the disposition of a 9,644 square foot church in northwest Lubbock.

Represented the Landlord in leasing a large office/ware-house complex featuring approximately 52,889 square feet.

Represented the Seller in the disposition of a 5,263 SF freestanding office building in south Lubbock.

Just Leased

4100 ERSKINE STREETJust Sold

Just Sold

Stonegate Shopping Center

Just Leased

1001 N. I-27, PLAINVIEW

Represented the Landlord in leasing store-front retail space in Stonegate Shopping Center with approximately 2,684 square feet.

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Coldwell Banker Commercial rep-resented the Seller in the disposition of a 31.5 acre multi-family tract of land for the future construction of a new student housing community.

77TH & MILWAUKEE

Just Sold

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Coldwell Banker Commercial repre-sented the Seller and the Buyer in the disposition and acquisition of a 2.95 acre tract of land for the future con-struction of an upscale child daycare facility.

2600 SOUTH SUNSET - LITTLEFIELD, TXFully operational and move-in

ready faciltiy featuring: Two layers of fencing and razor wire perimeter Covered and secure walkways between buildings Front entrance security gate Entrance security clearance area Personnel offices - computers - office supplies “Control Room” for security cameras and doors Employee lounge Inmate health care facility - fully stocked Inmate visitation room Kitchen and laundry facility with equipment Inmate library - full stocked Inmate gymnasium Inmate classrooms Inmate clothing

Property: Existing 383 bed adult correctional facilityBuilding Area: 94,437 SFLand Area: 30 AcresYear Built: 2000Appraised at: $11,200,000

The Coldwell BankerWest Texas

Multi-Family GroupMarketing Area

If you are considering selling or acquiring an

apartment property, call:Taylor Tucker, CCIM

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Taylor Tucker, CCIM with Cold-well Banker Commercial repre-sented the Buyer in the acquisi-tion of Windy Ridge Apartments, a 62-unit garden style multi-fam-ily community in west Lubbock.

WINDY RIDGEAPARTMENTS

5444 - 50th StreetLubbock, TX

JUST SOLD

Due to the confidential nature of many multi-family listings, the specific names and addresses cannot always be advertised.

Please call Taylor Tucker, CCIM or Rick Canup, CCIM for information on apartments in Lubbock, Amarillo, Abilene, San Angelo, and Midland/Odessa.

Taylor Tucker, CCIM806.784.3260 direct806.470.3844 [email protected]

Rick Canup, CCIM806.784.3204 direct806.438.8188 [email protected]

MULTI-FAMILY GROUP

$1.32 PSF Lease price (modified gross) 101,114 sq. ft. leasable space 12 dock-high doors - 9 with levelers 1 dock-high door with ramp access

2610 SOUTH LOOP 289 2420 E. SLATON HIGHWAY

$460,000 Sales Price 21,852 SF with 1,728 SF of offices 4,080 SF second floor storage area 3 dock-high doors with levelers Overhead door with ramp into warehouse

808 - 8TH STREET 7902 OAKRIDGE

$795,000 Sales Price 24,178 total square feet 3,306 square foot office 2 acres 2 grade-level doors

$875,000 Sales Price 2,801 sq. ft. office / 7,181 sq. ft. warehouse 11.44 acres with fenced yard 4 grade-level overhead doors Built in 2003

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SALEM VILLAGE ANNEX4621 South Loop 289

WEST WIND CENTER5510 - 4th Street

2 storefront suites available 1,243 SF and 1,952 SF $17.00 PSF and $18.00 PSF (NNN) Located across from Super Wal-mart

FORMER BERGMAN’S3838 - 50th Street

11,767 SF custom designed building High visibility on busy major thoroughfare $1,300,000 Sales Price 38 off-street parking spaces

3,900 SF storefront space Suitable for retail or office $13.00 PSF (NNN) Excellent visibility along S. Loop 289 access road

2 storefront suites available 1,068 SF and 1,334 SF $14.00 PSF (NNN) Negotiable finish-out allowance

NORTHPARK VILLAGE CENTER405 Slide Road

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OMNI BUILDING1208 - 14th Street

NEW OFFICE BUILDING7310 Slide Road

New construction 2,272 SF available $16.50 PSF Lease (NNN) Space can be finished to tenant’s requirements

SOUTH POINTE BUSINESS PARK4413 - 82nd Street

New 8-building office park development 526 SF to 2,104 SF available $13.75 - $15.75 PSF (Full Service) Access to shared 8-12 person conference room

11-story building in central business district 145,000 SF Multi-story parking garage $1,750,000 Sales Price

2-story building in central business district 11,954 SF Large adjacent off-steeet parking lot $410,000 Sales Price

COMMERCE BUILDING1120 - 14th Street

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Bank Owned REO Bank Owned REO

Renovations underway 11% CAP rate 10 year lease Absolute NNN 6% increase every 2 years $982,000 Sales Price Tenant to open this Fall

WILD BURGER GRILLE3515 - 50th Street

Lubbock, TX

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ULTIMATE ELECTRONICS - Lubbock, TX Premium location New 10 year lease (4) 5-year renewal options 33,167 square feet

8.10% CAP rate 20 year lease Absolute NNN lease 2,730 square feet

KFC - Ft. Worth, TX

Under Renovation

SOLD

APPLEBEE’S - Killeen, TX 8.83% CAP rate 19+ year lease Absolute NNN lease 5,027 square feet

SOLD

SOLD

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5109 - 82ND STREET

4.08 acres - $15.00 PSFPotential C-2 uses:

Medical Office Retail Financial Mixed use: Office / Retail / Restaurant

4100 ERSKINE STREET

Two 15-acre development tracts Frontage on Loop 289 with cross-access

6005 & 6007 - 45TH STREET

Two development tracts: 56,600 SF & 38,000 SF Located between Marsha Sharp Frwy. & Loop 289 $8.00 per square foot

6802 - 82ND STREET

2.4 acre development tract Frontage on 82nd Street $9.95 per square foot

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PRIME DEVELOPMENT ALONG THE NEW MILWAUKEE CORRIDOR

Various tracts: 1.72 acres to 19.5 acres Between Canyon West & Super Wal-Mart $2.50 PSF to $12.50 PSF New Elementary and Middle School Under Construction

Phase I and II: 22+ acres - Sale or Lease Retail Restaurant Office Multi-Family

VINTAGE LIFESTYLE CENTERS

$6.50 PSF 7.126 Acres Frontage on 19th and Milwaukee C-3 Zoning

6424 - 4th STREET

RETAIL BLDG.

3838 - 50th Street 11,767 SF (Built in 2007 - 9,000 SF showroom - 38 parking spaces) $1,300,000

For Sale

RETAIL SPACE

3501 - 50th Street 3,185 SF(Storefront space - suitable for all retail types - excellent parking) $7.00 PSF (NNN)

For Lease

RETAIL SPACE

6602 Slide Road 5,150 SF(Large showroom with excellent visibility from Slide Road)

$10.49 PSF (Mod. Gross)

For Sub-Lease

RETAIL SPACE

6802 Slide Road 1,200 SF to 3,680 SF (144,965 SF Power Center anchored by a Hobby Lobby) $14.00 PSF - $16.00 PSF (NNN)

For Lease South Plains Crossing

RETAIL SPACE

6419 - 82nd Street; Space 500 2,256 SF(New retail center - 82nd & Milwaukee - next to Wal-Mart)

$20.00 PSF (NNN)

For Lease

RETAIL BLDG.

3007 - 50th Street 4,000 SF (Freestanding building - NNN leased property) $440,000

For Sale

RETAIL BLDG.

3515 - 50th Street 3,349 SF(NNN Lease - new restaurant - remodeled building - 11% CAP) $982,000

For Sale

RETAIL BLDG.

6202 Milwaukee Ave. 29,212 SF(State-of-the-Art facility - lg. service center - 2-bay oil change) $14.79 PSF (NNN)

For Lease

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Wild Burger Grille Sentry Plaza Center

Mission Plaza

Lubbock Commons

Coldwell Banker Commercialrepresented the Landlord in leasing 2,400 SF of storefront space in the South Plains Crossing center.

Coldwell Banker Commercialrepresented the Buyer in the ac-quisition of the 18,000 SF Salem Village Annex.

Coldwell Banker Commercialrepresented the Seller and the Buyer in the disposition and ac-quisition of a 13,823 SF retail strip center on 34th Street

RETAIL SPACE

1001 N. 1-27, Plainview, TX 60,643 SF (An anchor space in a large shopping center complex) $5.50 PSF (NNN)

For Lease

RETAIL SPACE

3429 - 50th Street 23,000 SF(Quality space - high visibility - next to a new Hastings)

$13.00 PSF (NNN)

For Lease

RETAIL SPACE

4621 S. Loop 289 3,900 SF (Storefront space in a quality building - great visibility) $13.00 PSF (NNN)

For Lease Salem Village Annex

RETAIL SPACE

98th St. & Indiana Ave. 9,216 SF(New anchor storefront space - across Indiana from Kohl’s)

$14.00 PSF (NNN)

For Lease Sunridge Center

RETAIL BLDG.

5120 - 34th Street 10,908 SF(High visibility - former CVS Pharmacy building)

$10.00 PSF (NNN)

For Sub-Lease

RETAIL SPACE

5510 - 4th Street 1,243 SF and 1,952 SF (New center in NW Lubbock across from a Super Wal-mart)

$17.00 - $18.00 PSF (NNN)

For Lease West Wind Center

RETAIL BLDG.

5721 Frankford Ave. 3,400 SF(An automotive sales facility with spacious sales office) $17.65 PSF (NNN)

For Lease

RETAIL SPACE

3207 - 50th Street 1,573 SF(Storefront unit - suitable for food service or all other retail) $14.50 PSF (Modified Gross)

For Lease

RETAIL SPACE

1701 W. 5th Street Up to 17,163 SF(Storefront space - retail center on highway through city)

$5.50 PSF (NNN)

For Lease Running Water Draw

RETAIL BLDG.

3007 - 50th Street 4,000 SF (Freestanding building with covered drive-through) $440,000

For Sale

RETAIL SPACE

3416 - 34th Street 2,038 SF (Highly visible - major intersection - storefront space) $5.50 PSF (NNN)

For Lease Indiana Gardens North

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Stonegate Center

RETAIL SPACE

3416 - 34th Street 2,038 SF & 3,158 SF (Highly visible - major intersection - storefront space) $7.30 PSF (Modified Gross)

For Lease Indiana Gardens North

RETAIL SPACE

405 Slide Road 1,068 SF and 1,334 SF (Storefront space in a quality retail complex) $14.00 PSF (NNN)

For Lease Northpark Center

RETAIL BLDG.

1405 W. American Blvd. 5,400 SF (Williams General Store - located in Muleshoe, TX) $350,000

For Sale

RETAIL SPACE

4206 - 50th; Suite B 1,610 SF(Two adjoining retail areas with a service counter & office) $7.00 PSF (NNN)

For Lease

RETAIL SPACE

1701 W. 5th Street Up to 17,163 SF(Storefront space - retail center on highway through city)

$5.50 PSF (NNN)

For Lease Running Water DrawPlainview, TX

RETAIL BLDG.

1940 - 34th Street 6,045 SF(Free-standing with lg. open space with storefront windows) $375,000

For Sale

RETAIL SPACE

1824 Parkway Drive 1,243 SF to 7,000 SF(New neighborhood center with storefront space)

$12.00 PSF (NNN)

For Lease

RETAIL BLDG.

6006 - 82nd Street 2,460 SF(Operating dry cleanering drop-off - 8.5% CAP - 10 yrs.) $650,000

For Sale NNN Investment

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Parkway PlaceColdwell Banker Commercialrepresented the Landlord and the Tenant in leasing 2,035 SF of retail space in the Indiana Gardens North center.

Coldwell Banker Commercialrepresented the landlord in leas-ing a 7,800 SF storefront space in the Lakeridge Plaza center.

Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing 3,084 SF of office space in Pyramid Plaza Office Building.

RETAIL BLDG.

5721 Frankford Ave. 3,400 SF(An automotive sales facility with spacious sales office) $1,200,000

For Sale

RETAIL SPACE

98th St. & Indiana Ave. 1,350 to 4,400 SF(New anchor storefront space - across Indiana from Kohl’s)

$14.00 PSF (NNN)

For Lease Sunridge Center

RETAIL SPACE

405 Slide Road 3,185 SF (Storefront space with anchor visibility - high traffic flow) $7.00 PSF (NNN)

For Lease Mission Plaza

RETAIL SPACE

6802 Slide Road 1,200 SF to 3,200 SF (144,965 SF Power Center anchored by a Hobby Lobby) $14.00 PSF - $16.00 PSF (NNN)


RETAIL SPACE

Plainview, TX 1,049 to 5,966 SF (Multiple storefront spaces in a large shopping center) $10.00 PSF (NNN)

For Lease Stonegate Center

RETAIL SPACE

1303 82nd Street 1,612 to 3,461 SF (Strip center with OH doors now available - build-out) $8.00 PSF (NNN)

For Lease

RETAIL BUSINESS

1811 Broadway Ave. 4,611 SF (5 bedroom, 2-story bed & breakfast inn - fully equipped)

$400,000

For Sale

RETAIL BLDG.

3207 - 34th Street 7,080 SF (Storefront space with overhead door in rear) $175,000

For Sale

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RETAIL BLDG.

5129 - 69th Street 1,980 SF (An operating oil change facility) $200,000

For Sale

OFFICE SPACE

4903 - 82nd Street 3.153 SF(A quality suite with 12 private offices - large conference room) $16.00 PSF (modified gross)

For Lease

OFFICE BLDG.

3610 - 34th Street 756 SF to 6,100 SF(Interior gutted - ready for finish-out. Close to medical district.) $350,000 Sale / $10 PSF (NNN) Lease

For Sale / Lease

OFFICE BLDG.

1202 Jarvis 30,000 SF(2 connected buildings - 90+ private offices - 2.24 acre)

$402,500

For Sale

RETAIL BLDG.

103 W. Main Street, Earth, TX 2,800 SF(Former Dairy Queen restaurant - equipment included)

$125,000

For Sale

OFFICE SPACE

4502 - 50th Street 4,665 SF(Freestanding building with excellant off-street parking)

$9.50 PSF (NNN)

For Lease

OFFICE BLDG.

2024 Broadway Ave. 2,354 SF(Located between Texas Tech and downtown - corner lot)

$210,000 Sale / $8.00 PSF (NNN) Lease

For Sale / Lease

OFFICE SPACE

5313 - 50th Street; Suite C-4 800 SF(Two private offices with reception - coffee bar area)

$9.75 PSF (Modified Gross)

For Lease

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Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing 5,265 SF in the new South Pointe Busi-ness Park.

Coldwell Banker Commercialrepresented the Landlord and the Tenant in leasing 12,851 SF of office space in Pyramid Plaza Office Building.

Coldwell Banker Commercialrepresented the Landlord in leasing 1,590 SF of space at the Coopertree Office Building.

OFFICE BLDG.

1208 - 14th Street 145,000 SF(Multi-story building with multi-story parking garage)

$1,750,000

OFFICE SPACE

5901 - 63rd Street 4,932 SF(Mutiple offices - large warehouse/shop area w/overhead door) $10.00 PSF (Modified Gross)

OFFICE SPACE

1303 82nd Street 1,612 - 1,849 SF(Space can be built-out to tenant’s specifications)

$8.00 PSF (NNN)

OFFICE SPACE

2034 - 82nd St. 526 SF; 1,052 SF & 2,104 SF(8-building office park currently under development)

$13.75 - $15.75 PSF (Full Service)

For Lease South Pointe

OFFICE SPACE

4412 - 74th Street 515 SF - 1,758 SF(Professional office space - excellent parking)

$14.50 - $15.00 PSF (Full Service)

For Lease

OFFICE SPACE

1120 - 14th Street 11,954 SF(2-story, corner lot building - downtown area)

$410,000

For Sale

OFFICE SPACE

3223 S. Loop 289; Atrium Level 1,371 SF(Large atrium / multi-level waterfall / glass elevators) $10.00 PSF (Full Service)

For Lease

OFFICE SPACE

5313 - 50th Street 800 SF (Two private offices with reception - coffee bar area) $9.75 PSF (Modified Gross)

For Lease

OFFICE SPACE

6306 Iola 4,000 and 4,245 SF(7-year old freestanding office building with multiple suites)

$12.50 PSF (Mod. Gross)

For Lease

OFFICE BLDG.

400 Wall St., Midland, TX 180,000 SF(High-rise office building in the heart of downtown Midland) $1,250,000

For Sale

OFFICE BLDG.

2333 - 50th Street 15,364 SF(2-story building - former MassMutual building)

$1,150,000 Sale

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For Sale

For Lease

For Sale

For Lease

OFFICE SPACE

1116 Broadway; Suite B 1,537 SF (2 oversized private offices with large reception area) $12.00 PSF (Modified Gross)

For Lease

OFFICE BLDG.

400 Wall St., Midland, TX 180,000 SF(High-rise office building in the heart of downtown Midland) $1,250,000

For Sale

OFFICE SPACE

7802 Indiana Ave. 2,973 SF (Great location - high traffic area fronting Indiana Ave.)

$13.50 PSF (Modified Gross)

For Lease

OFFICE BLDG.

16 Briercroft 4,960 SF (Remodeled 2-story with unfinished basement)

$250,000

For Sale

OFFICE SPACE

7310 Slide Road 2,272 SF( New office space that can be configured to tenant’s needs)

$14.50 PSF (NNN)

For Lease

OFFICE SPACE

6802 Slide Road 1,533 - 3,680 SF (144,965 SF Power Center anchored by a Hobby Lobby)

$14.00 - $16.00 PSF (NNN)


OFFICE SPACE

3223 S. Loop 289 748 SF - 4,181 SF (Large atrium / multi-level waterfall / glass elevators)

$16.00 PSF (Full Service)

For Lease Pyramid Plaza

OFFICE BLDG.

2720 - 82nd Street 2,125 SF (6 private offices - work room - new paint & carpet)

$12.50 PSF (modified gross)

For Lease

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Coldwell Banker Commercialrepresented the Landlord in leasing 3,802 SF on the first floor of the Pyramid Plaza Of-fice Building.

Coldwell Banker Commercialrepresented the Landlord and Tenant in leasing 3,457 SF of office/showroom space at 1303 - 82nd Street.

Coldwell Banker Commercialrepresented the Seller in the disposition of a 6,000 SF ware-house/retail storefront building on Southwest Loop 289.

OFFICE BLDG.

1811 Broadway Ave. 4,611 SF(Elegant 2-story with large basement - near Texas Tech) $400,000

For Sale

OFFICE SPACE

4747 S. Loop 289 1,998 SF(Quality space with multiple offices - large conference room)

$16.00 PSF (Full Service)

For Lease

WAREHOUSE

8214 Valencia 6,250 SF(Freestanding building with office - showroom - overhead door) $439,000

For Sale

WAREHOUSE

1201 N. Gary Avenue 57,880 SF(3 buildings - newly remodeled offices - 11 cranes - fenced) $1.55 PSF (NNN) Lease

For Lease

OFFICE SPACE

3223 S. Loop 289 190 SF & 299 SF(Executive suites / multi-level waterfall / glass elevators) $24.00 PSF (Full Service)

For Lease Pyramid Plaza

OFFICE / WHSE.

5177 - 69th Street 12,827 SF(Freestanding building with offices & large warehouse space) $439,000

WAREHOUSE

7902 Oakridge 24,178 SF(Warehouse with office space - easily divided into smaller units) $2.99 PSF (NNN)

For Lease

WRHSE./OFFICE

714 - 34th Street 30,275 SF (3 warehouse buildings - 8 offices - fenced - renovating now) $350,000 Sale

For Sale

OFFICE BLDG.

17 Briercroft Office Park 2,801 SF*(Freestanding building - design allows for multi-tenant use) $165,000

For Sale

WAREHOUSE

1325 E. 37th Street 9,400 SF(Warehouse with 2 overhead doors - fenced yard)

$190,000

WAREHOUSE

906 Avenue U 3,000 SF(Metal bldg. with 2 grade-level doors - 1 crane - fenced yard) $200,000

For Sale

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For Sale For Sale

WAREHOUSE

2420 E. Slaton Hwy. 9,982 SF(Lg. warehouse / nice offices - 11.44 acres - built 2003) $875,000

For Sale

WAREHOUSE

1201 N. Gary Avenue 57,880 SF(3 buildings - newly remodeled offices - 11 cranes - fenced) $850,000

For Sale

WAREHOUSE

8110 N. Frankford Ave. 55,276 SF (Multi-warehouse facility with sep. office building) $750,000 Sale / 1.75 PSF (Mod. Gross) Lease

For Sale / Lease

WAREHOUSE

222 N. Avenue U 14,400 SF(Lg. metal warehouse - fenced yard - lg. overhead doors) $2.40 PSF

For Lease

WAREHOUSE

6716 Cedar 5,637 SF(15 grade level doors - 3 offices - fenced stack yard)

$179,000

For Sale

WAREHOUSE

1111 E. Slaton Hwy. 8,000 SF (Warehouse with showroom area and dock-high doors) $3,200 per month (NNN)

For Lease

WAREHOUSE

7902 Oakridge Ave. 24,178 SF (Warehouse/office with 4,500 sq. ft. office space) $775,000

For Sale

WAREHOUSE

2212 Clovis Road 40,963 SF*(3 grade level doors / 1 dock high door - security fenced) $625,000

For Sale

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Coldwell Banker Commercialrepresented the Seller in the dis-position of an 11,040 SF ware-house/office facility.

Coldwell Banker Commercialrepresented the Seller in the dis-position of a 728,450 SF distri-bution / warehouse facility on Avenue A.

Coldwell Banker Commercialrepresented the Seller in the disposition of Crown Business Park, an 81,425 SF flex space facility on Brownfield Hwy.

WAREHOUSE

2601 SE Loop 289 101,114 SF (Lg. metal warehouse complex - multiple dock-high doors) $1.32 PSF (NNN)

For Lease

WAREHOUSE

2520 E. 50th Street 9,337 SF (3 buildings - warehouse/office/self-storage - fully fenced) $150,000

For Sale

WAREHOUSE

207 Hwy. 62/82 5,000 SF (Prime highway frontage - 2 overhead doors - 4 offices) $200,000

For Sale

WAREHOUSE

1525 E. 34th Street 15,228 SF(Single building with 4 dock-high doors - 1.92 acres - fenced) $175,000

For Sale

WAREHOUSE

808 - 8th Street 21,852 SF (6 dock-high doors - 3 with levelers - 1 with ramp) $460,000 Sale

For Sale

WAREHOUSE

8701 S. MLK 6,743 SF (2 Warehouses - 4.725 acres - 5 grade level doors - water well) $179,000

For Sale

WAREHOUSE

2422 Clovis Road 20,012 SF (Warehouse with 6 offices - Dock-high doors) $312,450

For Sale

WRHSE./OFFICE

714 - 34th Street 30,275 SF (3 warehouse buildings - 8 offices - fenced - renovating now) $2.50 PSF (NNN) Lease

For Lease

25

WAREHOUSE

2010 Clovis Hwy. 17,191 SF (Six individual units - 100% leased) $340,000

For Sale

WAREHOUSE

808 - 8th Street 21,852 SF (6 dock-high doors - 3 with levelers - 1 with ramp) $2.50 PSF (NNN) Lease

For Lease

WAREHOUSE

6526 - 100th Street 1,200 SF (Metal building with 6.7 acres of land and water well) $4.50 PSF (Modified Gross)

For Lease

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N. Loop 289 & Memphis 6.05 Acres $7.44 per SF

4100 Erskine Street 30 Acres Call Broker

502 N. Winston Ave. 4.96 Acres $12.00 to $14.00 per SF

Frankford & Erskine St. 3.26 Acres $6.00 per SF

N. Loop 289 & Slide Road 2.41 Acres $16.00 per SF

2nd Street & Slide Road 0.937 Acres $16.00 per SF

6201 - 79th Street 5.28 Acres $6.00 per SF

2401 W. Loop 289 2.836 Acres $5.00 per SF

3458 W. Loop 289 37,480 SF $6.00 per SF

SWC of 66th & Iola Ave. 19.5 Acres $2.50 per SF

SEC 66th & Milwaukee Ave. 16.82 Acres $6.00 per SF

SWC 66th & Milwaukee Ave. 3.4 Acres $12.00 - $15.00 per SF



7221 Brownfield Hwy. 2.74 Acres $10.00 per SF

6900 Milwaukee Ave. 3.63 Acres $10.00 per SF

7100 & Milwaukee Ave. 4.86 Acres $10.00 per SF






6802 - 82nd Street 2.40 Acres $11.75 per SF

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7310 Slide Road 20,400 SF $8.00 per SF

12307 Slide Road 1.38 Acres $7.00 per SF



106th & Quaker Ave. 2.04 Acres $9.00 per SF



NEC of Quaker & FM1585 7.02 Acres $5.00 per SF

NEC of Quaker & 146th St. 197 Acres $12,500 per Acre

2202 FM 1585 130 Acres $5,808 per Acre

98th Street & Indiana Ave. 1.9 Acres $12.00 per SF

2611 S. Loop 289 15.377 Acres $22,166 per Acre

SEC of 34th Street & MLK 5.77 Acres $135,000

2539 - 74th Street 17,424 SF $5.25 per SF

3402 E. 4th Street 141 Acres $375,000

99th Street & Slide Road 2.6 Acres $10.00 per SF


7907 FM 179 21,000 SF $12.00 per SF

FM 179 100 Acres $10,000 per acre

207 U.S. Hwy 62/82 3.29 Acres $3.99 per SF

SEC Milwaukee & Ursuline 10 Acres $1.50 per SF

SWC Quaker & 114th 6.05 Acres $8.00 - $9.00 per SF

SWC 98th Street & Alcove 123 Acres $11,000 per acre

NEC Milwaukee & Ursuline 160 Acres $4,950 per acre

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Plainview, TX: StoneGate Center 6.96 Acres $2.50 per SF 2.790 Acres $6.00 per SF 1.63 Acres $4.91 per SF 1.34 Acres $6.45 per SF 1.24 Acres $8.00 per SFMidland, TX: Interstate 20 & Rankin Hwy. Tract I 7.12 Acres $3.25 per SF Tract II 7.55 Acres $2.00 per SF Tract III 1.17 Acres $2.00 per SF Tract IV 7,000 SF $2.00 per SF Tract V 16.0 Acres $2.25 per SF

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48 6424 - 4th Street 7.126 Acres $6.50 per SF



12403 Upton 30 Acres $15,000 per Acre




4103 N. Frankford 12 Acres $240,000

4100 Erskine Street 30 Acres2201 N. Loop 289 45 Acres6810 - 82nd Street 2.4 Acres109th & Quaker Ave. 3.99 Acres66th & Milwaukee Ave. 8.35 Acres34th & W. Loop 289 140 Acres73rd & Milwaukee Ave. 12 AcresWoodrow Rd. & Quaker 421 AcresFrankford & Ursuline Ave. 5.02 Acres502 N. Winston 4.96 AcresFrankford & Erskine St. 1.49 AcresQuaker Ave. & FM 1589 7.02 Acres107th & Quaker Ave. 35,000 SFFrankford & Erskine St. 83,821 SF66th & Milwaukee Ave. 40,197 SF10301 Slide Rd. 3 Acres502 S E Loop 289 7.02 Acres8602 - 19th Street 3.36 Acres3424 W. Loop 289 3.5 Acres6201 - 79th Street 2.36 AcresE. Loop 289 & 19th St. 30 Acres7700 Milwaukee Ave.. 2.95 Acres

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A Few Examples ofPreviously Sold Land

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Midland, TX Development Land

Broker and C.E.O. Started the company in 1977Specializing in Multi-Family Brokerage and Land Development. Brokered thousands of multi-family units. Led the development of a prime 18 acre site involving such clients as Cheddar’s, Applebee’s, Outback Steakhouse, Hampton Inn, Courtyard by Marriott, and Fairfield Inn.

Specializing in the brokerage, leasing and management of office and retail properties. Participated in the sale or lease of commercial properties with a total volume exceeding $139,000,000 and has leased over 1,750,000 sq. ft. of office and retail space. Currently responsible for the management of over 325,000 sq. ft. of commercial properties.

“The Land Man,” specializing in all aspects of land and investment brokerage and it’s use including site selection and land development opportunities for retail, office, and mixed-use end users and developers. Member of ICSC and RECON attendee. Member of the REALTORS Land Institute (RLI). Currently pursuing the Certified Commercial Investment Member (CCIM) designation and the coveted Land Consultant (ALC) designation. Maintains a database of over 1,750 investors. Responsible for over $65,000,000 of land inventory.

A licensed Broker since 1976 and Certified Commercial Investment Member (CCIM). Specializing in Industrial and Retail brokerage and leasing. Maintains a database of over 950 industrial/warehouse properties with over 25,000,000 sq. ft. of space. Participated in the sale or lease of commercial properties with a total volume of more than $48,600,000 and leased over 1,000,000 SF of commercial space.

Certified Commercial Investment Member (CCIM). Specializing in the brokerage of Multi-Family properties throughout the Texas High Plains and West Texas - an area covering 71 counties. Maintains a database of over 540 multi-family properties representing more than 57,500 total units and approximately 400 property owners. Recognized as the #1 apartment Broker in Coldwell Banker Commercial in 2009.

Certified Commercial Investment Member (CCIM). Specializing in Industrial and Office Brokerage and Leasing. Maintains a database of over 950 Indus-trial properties representing over 25,000,000 sq. ft. of space and approximately 1,000 owners and in-vestors. Currently marketing over $11,000,000 of property. Member of the Coldwell Banker Commer-cial Industrial Group. Graduate of Texas Tech Rawls College of Business.

Specializing in all aspects of net-leased investment and shopping center brokerage. A graduate of Texas Tech University’s Rawls College of Business with a degree in Marketing. Certified Commercial Invest-ment Member (CCIM), Member of the International Council of Shopping Centers (ICSC), and sits on the Active Board for Young Professionals of Great-er Lubbock. Recently closed over $31,000,000 in transactions.

Rick Canup, CCIM 806.784.3204 Scott Womack 806.784.3265

Dwight Thomason, CCIM 806.784.3241 Taylor Tucker, CCIM 806.784.3260

Jef Conn, CCIM 806.784.3216 Parker Carroll, CCIM 806.784.3219

Beau Tucker 806.784.3298“EXPERT KNOWLEDGE AT WORK FOR Y0U”

A TEAM approach to the brokerage, leasing, and management of retail centers, office buildings, and industrial properties as well as the brokerage of apartments and land development opportunities.

coldwell banker commercial - advantage 2010 4th quarter

Documents

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lubbock market

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