23
WEEKLY PROPERTY BROADCAST January 22, 2018 Live ®

SVN | Live Weekly Property Broadcast 1.22.18

Embed Size (px)

Citation preview

Page 1: SVN | Live Weekly Property Broadcast 1.22.18

WEEKLYPROPERTYBROADCAST

January22,2018

Live®

Page 2: SVN | Live Weekly Property Broadcast 1.22.18

www.svn.comPAGE|

Live®

©2018SVNInternationalCorp.

ECONOMIC TALKINGPOINTS

“Underemployment”ratedownto8.1%,matchespre-recessionlows

• TheBLS’slessdiscussed“U-6”unemploymentratefellto8.1%inDecembermatchinglowsfeltpriortothe“GreatRecession”.

• 2018islikelytoseesignificantwageincreasesaslaborappearstobeinveryshortsupply.Thisislikelyadditionalmotivationforsomeoftherecentlyannouncedbonusesandwagehikesbymanycorporations.

Page 3: SVN | Live Weekly Property Broadcast 1.22.18

www.svn.comPAGE|

Live®

©2018SVNInternationalCorp.

ECONOMIC TALKINGPOINTS

RCAreports1.2%growthinpricesinNovember;ApartmentandIndustrialsectorstopleadersyearoveryear

• RealCapitalAnalyticsreporteda1.2%priceincreaseinNovember,whichmakestheyearoveryeargainof9.1%.Theapartmentsectorledat10.2%yearoveryearfollowedbyindustrialat9.8%.

• Theindustrialmarketdidgrowintransactionvolumewhileallothersfell.Thisisduetothestrongfundamentalsofindustrialpropertiesgivene-commerceandotherlong-termtrends

Page 4: SVN | Live Weekly Property Broadcast 1.22.18

Live®

©2018SVNInternationalCorp.

CLOSEDDEALS

Page 5: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

OFFICE | 209 TEQUESTADRIVE | TEQUESTA, FL

[email protected]

• Extremelyrare,in-townlocation• Anothercarcollectorsdreambuildingsold• Contracttoclosein20days

SVN|Florida CommercialRealEstateAdvisors

| Live®®

207.42

1,230,000

5,930SF

Page 6: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

4,408SF

OTHER | 104 OSBORNEWAY | GEORGETOWN, KY

[email protected]

• 4,408SFbuildingona.97acreoutparceltoWalmart• NathanDillyandMattStonerepresentedanout-of-statecarwashdeveloperto

purchaseoneofhissixnewcarwashesforCentralKentucky• NavigatedcomplextransactiontosellanoperatingcarwashtoBuyerforre-

development• BothBuyerandSellerwereabletousethistransactionforrespectedlegsof

their1031transactionneeds

SVN|StoneCommercialRealEstate

| Live®®

1,750,000

397

MATTSTONE,[email protected]

Page 7: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

©2018SVNInternationalCorp.

COMMERCIAL REAL ESTATE ADVISORS

23,975SF

RETAIL | 7105 N 51st AVENUE | GLENDALE, AZ

[email protected]

• 100%leased• Threenationaltenants,MAACO,AAMCOandMeineke,inautomotivecenter• 5-yearleaserenewalswith(2)5-yearoptionsforeachtenant

SVN|DesertCommercialAdvisors

| Live®®

2,250,000

93.85

7.2%

[email protected]

Page 8: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/Acre $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

2.5Acres

LAND | 30248 DAGSBOROROAD | SAL ISBURY, MD

• USRt.13frontagewithhightrafficvolumeandvisibility• Groundlease• Build-to-suit

| Live®®

2,500,000

1,000,000

BRENTMILLER,CCIM,[email protected]

SVN|MillerCommercialRealEstate

[email protected]

Page 9: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

238.46

13,000SF

MEDICAL OFFICE | 505 EAST A IRPORTAVENUE| BATONROUGE, LA

STEVELEGENDRE,[email protected]

• RenalAssociatesofBatonRougepurchasedthisbuildingforanewsurgerycenter

• TheBuyerisPIC-VACBuildingPartners,alimitedliabilitycompany

• ThepropertyislocatedonEastAirportAvenue,nearIndependenceCommunityPark

• Thedealincludedvariousmedicalequipment

SVN|Graham,Langlois&Legendre,LLC

| Live®®

3,100,000

Page 10: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

©2018SVNInternationalCorp.

COMMERCIAL REAL ESTATE ADVISORS

30,000SF

RETAIL | 4195 INLANDEMPIRE BLVD | ONTARIO, CA

• Thisbuildingwasinitiallylistedforlease.Howeversincethetenantwaspayingmonthtomonth,andAllenAfshar andIwerelookingfornewtenants,thebuyersthatpurchasedthebuildinghadtheirowntenantsoitturnedintoabuy.

• NOI:$475,425• Thebuilding,builtin2008,is30,000SFwithlandof2.52acre

SVN|RichInvestmentRealEstatePartners

| Live®®

6.34%

7,500,000

250

GARENPETROSSIANBRE#[email protected]

ALLENAFSHARBRE#[email protected]

Page 11: SVN | Live Weekly Property Broadcast 1.22.18

SalePrice $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

75,000SF

OFFICE | 400 N MAYSTREET | CHICAGO, I L

• SVN|ChicagoCommercialwasthesecondbrokeronthisdeal

• Thepropertyhadbeenundercontracttwice

• Thissalesetarecordforpricing/SFforzoning

| Live®®

15,250,000

203.33

SVN|ChicagoCommercial

CHADSCHROEDLBRE#[email protected]

DREWDILLONBRE#[email protected]

JAMESMEADBRE#[email protected]

STEPHENCUSANOBRE#[email protected]

Page 12: SVN | Live Weekly Property Broadcast 1.22.18

Live®

©2018SVNInternationalCorp.

FEATUREDINVENTORY

Page 13: SVN | Live Weekly Property Broadcast 1.22.18

www.svn.comPAGE|

Live®

©2018SVNInternationalCorp.

FEATUREDINVENTORY:$51,319,000

BUY-SIDECOMMISSION:$1,083,427

FEATUREDINVENTORYFINANCIALSUMMARY

Page 14: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

38,250

LAND| 11042-46 S LANGLEY AVENUE | CHICAGO, I L

• 1acrestoplightcornerforsale,whichislocatedinChicago’sHistoricPullmanNeighborhood,on111th,just0.4milesfromafullinterstateinterchange(I-94)

• LocateddirectlyacrossfromnewlyopenedWholeFoodsdistributioncenter,MethodSoapproductionfacility,Wal-Mart,Harborside Intl.GolfCenterandPullmanNationalMonument

• ThePullmanDistrictisundergoingsignificantjobgrowth(1,000jobsrecentlyadded)

• ZonedM3-3andidealforindustrialorretaildevelopment

| Live®®

1,275,000

43,507SF

SVN|ChicagoCommercial

ADAMNAPP,CCIMBRE#[email protected]

BEVERLYHAYESBRE#[email protected]

29.30

Page 15: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

Size

Price/SF $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

39,000

OTHER| 10601 S 42NDSTREET | PHOENIX , AZ

• ArizonaStatelicensedfor10beds

• Sprinklersandfullalarmsystems(fire,carbonmonoxide,hearingandvisionimpaired)

• Certifiedtohandlehospicepatients

• Value-addopportunitybyfillingremainingbeds

SVN|RealStarAdvisors

| Live®®

574.97

1,300,000

8.81%

2,261SF

[email protected]

[email protected]

[email protected]

Page 16: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

Size

Price/Acre $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

47,500

LAND | 2228 VESPERC IRCLE | CORONA, CA

ROBZAHARIABRE#[email protected]

• FullyimprovedparcelinprimeSouthCorona

• Ideallocationforoffice/medicaloffice- buildtosuitfornationalbrand• zonedgeneralcommercial• Immediateproximitytonationalretail,office,medical,financialandrestaurantservices

• Allutilitiestothesite• Conceptualplansavailableformedicalofficeor84unitseniorhousingdevelopment

SVN|RichInvestmentRealEstatePartners

| Live®®

1,666,667

1,900,000

1.14Acres

Page 17: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

Size

Price/SF $

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

79,500

INDUSTRIAL | 2029 BUCKLANE | LEX INGTON, KY

[email protected]

• Propertyconsistsof7,300SFofficespacewith31,500manufacturingspacelocatedon+/-2.63acres

• UpgradedefficientLEDlighting;HVLSfansintegratedinbuildingautomationsystem• 19'9"clearheightslopingto13'eaves• 2dockhighdoorsw/levelersand2grade-leveldriveindoors• Class1div1explosionproofpaintbooth;heavypower(480/3phase);radiantheat• MajorIndustrialEmployers,Includingbutnotlimitedto:Amazon,LockheedMartin,Trane,Big

AssSolutions,UPS,Fed-Ex,Link-Belt,SchneiderElectric,andJ.M.Smucker

SVN|StoneCommercialRealEstate

| Live®®

2,650,000

38,800SF

68.30

MATTSTONE,[email protected]

Page 18: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

Size

Price/SF $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

143,970

INDUSTRIAL | 12308 CORPORATEPKWY| MEQUON, WI

• Thisisapricereduction• Class'A’officeandwarehousewithalongtermleasesinplace• Sellerwillingtomasterleasevacancyfor1yearafterclosing• ConvenientlocationintheMequoncorporatecenter• Amplesurfaceparking

| Live®®

142.29

4,799,000

33,726SF

[email protected]

SVN|HintzeCommercialRealEstate

8.02

Page 19: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

No.ofUnits

Price/Unit $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

49,950

MULTIFAMILY | 310 CAROL INE AVENUE | LA PLATA, MD

[email protected]

• Thismultifamilyproperty,arareopportunity,islocatedindowntownLaPlata,MD,only30minutessouthofWashington,DC

• Historicaloccupancylevelatorabove95%• Value-addopportunity• Recentrenovationsincludeupdatedkitchensandbathrooms(2014),anewroof

(2012)andnewwindowsanddoorsthroughout• Propertyconsistsofauniquemixof1,2,and3brunitsandaprivateparkinglot

SVN|RealSite

| Live®®

96,057

4,995,000

52

[email protected]

[email protected]

SVN|Motleys

[email protected]

6.55%

Page 20: SVN | Live Weekly Property Broadcast 1.22.18

ListPrice $

BuySideFee $

No.ofUnits

Price/Unit $

Cap

*Forqualifiedtransactions,50%ofthegrosscommissiontothebuyside.50% OF THE COMMISS ION | 100% OF THE T IME* | THE SVN D IF FERENCE

PROPERTYHIGHLIGHTSPROPERTYDETAILS

COMMERCIAL REAL ESTATE ADVISORS

©2018SVNInternationalCorp.

680,000

SFRPORTFOLIO| 24939 CACTUSAVENUE| MORENOVALLEY , CA

[email protected]

• StrongyearIstabilizedgrossyieldof9.78%&yearIstabilizedcaprateof6.55%• Huge32.85%yearIIRRand13.86%yearIcashoncashwithlittle/nocapital

expenditures• 121homebuildforrent(BFR)singlefamilyresidentialrentalinvestmentportfolio• Majorareajobgrowthinlastfouryearsadding14,000newjobs• RecentlyaddedcompaniesincludeProctor&Gamble,Amazon,Aldi,&Karma

Automotive• Andmostnotably,theWorldLogisticsCenter’s$3billion,2600acrecampusis

beingdeveloped8milesfromIslaVerdewithover$2.5billionofeconomicstimulus

SVN|RealStarAdvisors

| Live®®

284,298

34,400,000

6.55%

121

[email protected]

Page 21: SVN | Live Weekly Property Broadcast 1.22.18

Live®

©2018SVNInternationalCorp.

SVNPRODUCTCOUNCILMEETINGSFORTHEWEEKOFJANUARY22– JANUARY26,2018

EVENTS&WEBINARS

MONDAYJANUARY22

OFFICE11:00am PT|2:00pmET

THURSDAYJANUARY25

MULTIFAMILY9:00am PT|12:00pmET

THURSDAYJANUARY25

RETAIL10:00am PT|1:00pmET

Page 22: SVN | Live Weekly Property Broadcast 1.22.18

2 0 1 8 S V N A N N U A L C O N F E R E N C E | M A R C H 7 - 9 , 2 0 1 8 | N E W M E X I C O

The Wednesday and Thursday activities are filling up fast!

And the special discounted room rate expires February 5th.

Register today and experience the SVN Difference.

EXPERIENCE THE SVN DIFFERENCE

©2018SVNInternationalCorp.

Page 23: SVN | Live Weekly Property Broadcast 1.22.18

www.svn.comPAGE|

Live®

©2018SVNInternationalCorp.

THANKYOUFORJOININGUS!

Pleasevisitwww.svn.com formoreinformationonthepropertiesfeaturedontoday’scallandto

viewallofSVN’sactivelistings.