national sales call 5 19-14
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
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM
National Sales Call M ay 1 9 , 2 0 1 4
Presenters:
Website
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Please remember to hit *6 to unmute your line just before your presentation. Upon conclusion, please hit *6 to mute your line.
Website
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Events & Webinars: May 19 May 23, 2014
Website
Weekly Recurring Meetings: Single Tenant Call
Every Monday (Tuesday following a holiday) 8:15 am PT / 11:15 am ET
Meetings & Events this Week:
Wednesday, May 21st National Medical Office Council Call
12 pm PT / 3 pm
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
51 Germantown Pkwy. | Memphis, TN
Transaction Highlights:
• National Lasik Vision surgery center which was new to the Memphis market
• They drug their feet and we leased out their first choice to a law firm so we had to go back to the drawing board for options
• They required quasi-retail space because they had to have an exterior first floor entrance to their space but we only offer 2-3 spaces that can accommodate that in the entire park and they were all leased except one which we ended up leasing to the law firm
• Before they went back out to market we freed up a space in another building through a non-renewal which could offer them an exterior entrance
$508,947 | Just Leased
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Anthony Lopes, CCIM, CPM | 901.758.2424 | [email protected]
Michael Donahoe | 901.758.2424 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Pro-One Plaza | Glendale, AZ
Transaction Highlights:
• REO Sale
• Five Buildings Totaling ±24,000 SF; ±29% Occupancy
• Approximately 2.25 Acres
• Investor / Buyer to fully renovate, lease up and hold
• $33.33 per square foot
• 5 month escrow
$800,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Neil Sherman | 480.425.5504 | [email protected]
Justin Horwitz | 480.425.5518 | [email protected]
Nicole Ridberg | 480.425.5514 | [email protected]
Tony Yousif | 858.810.3623 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Website
795 Summit Street | Elgin, IL
Neil Johnson | 630.938.4950 | [email protected]
Joel Miller | 630.938.4950 | [email protected] Transaction Highlights:
• Former Blockbuster building
• Leased to Athletico
(physical therapy / rehab)
• 10-year initial term
• 3,270 SF
• Demising half of building
• SVN represented landlord
$861,645 | Just Leased
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
2201 Hammondville Blvd. | Pompano Beach, FL
Transaction Highlights:
• Former Steeda Autosports
• Warehouse office showroom
• Hammondville Road Frontage
• Second building sold in the park by SVNCR
$995,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Les Byron, CCIM, SIOR | 954.401.4713 | [email protected]
Keith Kidwell, CCIM, SIOR | 954.234.8777 | [email protected]
Steve Davis | 954.650.7824 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Tiburon Duplex | Tiburon, CA
Transaction Highlights:
• All cash, no loan
• Multiple offers
• Buyer is buying 'As Is' with known structural work needed amounting to $200,000
$1,200,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Gary Gustafson | 415.516.1863 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Windy Hill Lane | Winchester, VA
Transaction Highlights:
• Sale partial lease back
• Largest local plumbing firm leased back 5,000 square feet on 7 year lease, and remaining four units of flex space occupied by more local businesses
• Cap Rate 10.1% on actual occupancy with one unit still vacant for upside for buyer
$1,540,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Conrad Koneczny, CCIM | 540.535.0808 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
2755 E. Oakland Park Blvd. | Fort Lauderdale, FL
Transaction Highlights:
• Under contract first week of listing
• Buyer 1031 Exchange financed 50%
• At closing 75% occupied, 2.2% cap rate
• Building needs full remodel
$1,817,500 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Keith Kidwell, CCIM, SIOR | 954.234.8777 | [email protected]
Les Byron, CCIM, SIOR | 954.401.4713 | [email protected]
Steve Davis | 954.650.7824 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
2400 A. Street | San Diego, CA
Transaction Highlights:
• 10 Units Located in the Prestigious Golden Hill Community
• Incomparable Architectural Treasure Loaded With History & Character
• Sweeping Views From Upstairs Units
• Splendid Townhouse Style Penthouse
$1,945,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Jim Taylor | 858.452.9100 | [email protected]
Shelly Bird | 858.751.6300 | [email protected]
542 Miller Avenue | Mill Valley, CA
Transaction Highlights:
• Approved Tent Map for 11 Single Family & 2 Duplex's
• All Cash Buyer Closed in 27 Days
• Prices for New Homes are At $900/FT & Climbing
• Hillside Development in the Heart of Mill Valley, CA
• One of the Last Subdivisions in Marin County, CA
$1,950,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Gary Gustafson | 415.516.1863 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Multifamily Portfolio | Hayward, CA
Transaction Highlights:
• Multiple Offers
• $145,000 Per Unit
• GRM 11.45
• 5.1 CAP
• 4 Separate Parcels
• 6 Contiguous Buildings
• $164 Per Sq. Ft.
$3,900,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Andrew Eberhard | 510.537.7377 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
New Inventory: $32,673,000
Buy-Side Commission:
$743,615
Website
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Auction 3% | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
5214 Cogbill Road | Richmond, VA
Tim Dudley, CAI, AARE | 804.822.3131 | [email protected] Offering Highlights:
• Auction: May 20th
• 0.55± AC
• 2 Commercial Parcels
• Corner parcel at the intersection of Cogbill and Ironbridge Roads
• Commercial zoned and located in an excellent, high visibility and high traffic location
Auction 3% | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
7010 Jefferson Davis Hwy. | Richmond, VA
Tim Dudley, CAI, AARE | 804.822.3131 | [email protected] Offering Highlights:
• Auction: June 10th
• 5,830 SF
• 0.58 AC Lot
• Frontage on Jefferson Davis Hwy (Rt. 1)
• 5 Bays
• Recently Renovated
• Shop Equipment Available as an Online Only Sale
Auction 3% | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Lot 6 Shell Reed Court | Urbanna, VA
Tim Dudley, CAI, AARE | 804.822.3131 | [email protected]
Patrice Carroll, MBA | 804.832.3300 | [email protected] Offering Highlights:
• Foreclosure Auction: June 10th
• 6 AC Waterfront Lot
• 520± feet of water frontage
$795,000 | For Sale
$19,875 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Ewing Drive Apartments | Fairfield, OH
Bart Weprin | 513.936.9110 | [email protected] Offering Highlights:
• 12 Units. All 3 Bedroom Units Located in 3 Brick Buildings
• 100% Occupied/Strong Rental History
• Newer Roofs; 1-2 Years
• Tenants Pay Heat
• Upside in Raising Rents
• Fairfield Schools
$975,000 | For Sale
$29,250 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Tussing Road Self Storage | Reynoldsburg, OH
Doug Wilson | 614.206.3881 | [email protected]
Nick Malagisi, SIOR | 716.633.9601 | [email protected] Offering Highlights:
• (One Nation) storage development project of 100,000 SF on Columbus Ohio's booming east side
• Exceptional commercial as well as residential market place locations
• 10 minutes drive time to Columbus airport, downtown Columbus, as well as Easton and Polaris developments
• Part of the Brice Road and I-70 East redevelopment area
$825,000 | For Sale
$24,750 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Casa San Joaquin Apts. | Fresno, CA
John Suzuki | 559.351.5757 | [email protected]
Michael Hays | 559.273.5556 | [email protected] Offering Highlights:
• 15 Units
• Located Near Large Employers
• Easy Access to Freeways 99, 180 and Downtown
• Students Attend Acclaimed Edison High School
• Solid Cinder Block Construction
$1,083,000 | For Sale
$32,490 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Sierra Madre 19 | Fresno, CA
John Suzuki | 559.351.5757 | [email protected]
Michael Hays | 559.273.5556 | [email protected] Offering Highlights:
• 19 Units
• Excellent Location Next To Fresno State University
• One Block Off Shaw Avenue And Freeway 168
• Close To Numerous Restaurants
• Near Fashion Fair Mall
$1,400,000 | For Sale
$42,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Dakota 18 | Fresno, CA
John Suzuki | 559.351.5757 | [email protected]
Michael Hays | 559.273.5556 | [email protected] Offering Highlights:
• 18 Units
• Upside In Rents
• Gated Community
• First Time On The Market
• All Two Bedroom / One Bathroom Units
• Sparkling Pool
$2,030,000 | For Sale
$60,900 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Adesso Retail | Columbia, SC
Ford Elliott | 864.637.9302 | [email protected] Offering Highlights:
• 100% Occupied
• Located on the University South Carolina Campus with +/- 31,000 Students
• Four Retail units with NNN lease agreements
• 7,968 SF of Retail with long term lease agreements
• *Broker/Owner Disclosure please do not disturb tenants
$1,395,000 | For Sale
$41,850 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
1628 Rand Road | Des Plaines, IL
Paul Cawthon | 312.676.1878 | [email protected]
Angelo Labriola | 312.676.1870 | [email protected] Offering Highlights:
• Impeccably Maintained Automotive Property
• 14,000 SF on 1 Acre Land Site
• Multiple upgrades including new electrical, roof, etc.
• Just off the corner of River & Rand Road
• Up the street from Original McDonald's
$2,200,000 | For Sale
$66,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
16334 S. Kilbourne Ave. | Oak Forest, IL
Paul Cawthon | 312.676.1878 | [email protected]
Angelo Labriola | 312.676.1870 | [email protected] Offering Highlights:
• Well Maintained & Updated Facility
• 8 Depressed Docks
• Fully Sprinklered
• Long-Term Tenants Currently Updating Leases
• 400'+ of I-57 Exposure
$2,300,000 | For Sale
$69,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
2945 Harding Street | Carlsbad, CA
Sal Zimmitti, CCIM | 818.434.1340 | [email protected]
Charles Cornwell, J.D. | 858.337.7297 | [email protected] Offering Highlights:
• Major Price Reduction by $400,000
• Cap rate 7%
• Land lease in place to 2041
• Professional Center with 14,288 sq. ft. within steps to Carlsbad Village Drive, the main street of Carlsbad
• Upside potential to raise below market rental rates
• Minutes to I-5, I-15. CA76 & CA78
$2,600,000 | For Sale
$52,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Miami Springs Office | Miami, FL
Joel A. Kattan | 954.448.8531 | [email protected]
Anthony Peragine | 305.509.0412 | [email protected] Offering Highlights:
• +/- 27,893 SF Freestanding Office Building
• +/- 25,650 Total RSF
• Situated on +/- 0.74 Acre Lot
• MUB | Mixed Use Business Zoning
• +/- 1.3/1,000 Parking Plus Street Parking
• Excellent Location Just North of Airport
$2,600,000 | For Sale
$65,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
6015 31st Street East | Bradenton, FL
Tony Veldkamp, CCIM | 941.487.6990 | [email protected]
David Murrell | 941.545.1253 | [email protected] Offering Highlights:
• 39,944 SF
• High-End, Modern office building
• Quick access to Sarasota, Bradenton, and Lakewood Ranch. Minutes to I-75
• 46 Private Offices / 178 Cubicles/Workstations Included.
• Truck Well / 188 Parking Spaces
$2,720,000 | For Sale
$68,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Industrial Portfolio | Naples, FL
Ed Boeder | 239.244.8884 | [email protected]
Patty McClimans | 239.963.4288 | [email protected]
Tony Yousif | 858.810.3623 | [email protected]
Offering Highlights:
• 5 Properties. Can we sold individually or together
• 1486 Railhead Blvd: 7,742 SF
• 1490 Rail Head Blvd: 7,340 SF
• 1494 Rail Head Blvd: 8,218 SF
• 1498 Rail Head Blvd: 8,501 SF
• 1502 Rail Head Blvd: 6,060 SF
$2,750,000 | For Sale
$82,500 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Days Inn | Norfolk, VA
Shailesh Shah, CCIM | 757.685.3180 | [email protected] Offering Highlights:
• 163 Rooms
• Total Average Revenue for Last Four Years $ 1,060,122
• Average Net Operating Income for last three years $ 166,383.50
• Year 2008 Total Revenue $1,243,613.15 with Net Operating Income $ 259,071
• Actual Operating Expenses - 84.39% of Room Revenue for the year 2013
• 5.6 Miles from Downtown Norfolk, 4.2 Miles from Norfolk Airport and 14.5 Miles from Virginia Beach Ocean
$9,000,000 | For Sale
$90,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Sherwood Plaza | Baton Rouge, LA
Erik Carlson | 408.392.8822 | [email protected] Offering Highlights:
• 78,183 SF
• 95% leased and occupied
• Mix of strong local and national tenants
• Class A office product
• Upgraded common areas
• Stabilized sub-market
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM
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