SVN | Live Weekly Property Broadcast 1.22.18

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Transcript of SVN | Live Weekly Property Broadcast 1.22.18

WEEKLYPROPERTYBROADCAST

January22,2018

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ECONOMIC TALKINGPOINTS

“Underemployment”ratedownto8.1%,matchespre-recessionlows

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

• 2018islikelytoseesignificantwageincreasesaslaborappearstobeinveryshortsupply.Thisislikelyadditionalmotivationforsomeoftherecentlyannouncedbonusesandwagehikesbymanycorporations.

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ECONOMIC TALKINGPOINTS

RCAreports1.2%growthinpricesinNovember;ApartmentandIndustrialsectorstopleadersyearoveryear

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

• Theindustrialmarketdidgrowintransactionvolumewhileallothersfell.Thisisduetothestrongfundamentalsofindustrialpropertiesgivene-commerceandotherlong-termtrends

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CLOSEDDEALS

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

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OFFICE | 209 TEQUESTADRIVE | TEQUESTA, FL

ROBERTHAMMANrobert.hamman@svn.com561.346.2310

• Extremelyrare,in-townlocation• Anothercarcollectorsdreambuildingsold• Contracttoclosein20days

SVN|Florida CommercialRealEstateAdvisors

| Live®®

207.42

1,230,000

5,930SF

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

NATHANDILLYnathan.dilly@svn.com859.264.0888

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

purchaseoneofhissixnewcarwashesforCentralKentucky• NavigatedcomplextransactiontosellanoperatingcarwashtoBuyerforre-

development• BothBuyerandSellerwereabletousethistransactionforrespectedlegsof

their1031transactionneeds

SVN|StoneCommercialRealEstate

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1,750,000

397

MATTSTONE,CCIMmatt.stone@svn.com859.351.5444

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

EDDIEGONZALEZeddie.gonzalez@svn.com602.510.2204

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

SVN|DesertCommercialAdvisors

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2,250,000

93.85

7.2%

ROMMIEMOJAHEDrommie.mojahed@svn.com602.702.4663

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

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2.5Acres

LAND | 30248 DAGSBOROROAD | SAL ISBURY, MD

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

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2,500,000

1,000,000

BRENTMILLER,CCIM,CPMbrent.miller@svn.com410.543.2440

SVN|MillerCommercialRealEstate

TONNEYINSLEYtonney.miller@svn.com410.543.2440

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,CCIMsteve.legendre@svn.com225.367.1515

• RenalAssociatesofBatonRougepurchasedthisbuildingforanewsurgerycenter

• TheBuyerisPIC-VACBuildingPartners,alimitedliabilitycompany

• ThepropertyislocatedonEastAirportAvenue,nearIndependenceCommunityPark

• Thedealincludedvariousmedicalequipment

SVN|Graham,Langlois&Legendre,LLC

| Live®®

3,100,000

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

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6.34%

7,500,000

250

GARENPETROSSIANBRE#1930947gpetrossian@svn.com310.500.3333

ALLENAFSHARBRE#797725allen.afshar@svn.com310.500.3321

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

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75,000SF

OFFICE | 400 N MAYSTREET | CHICAGO, I L

• SVN|ChicagoCommercialwasthesecondbrokeronthisdeal

• Thepropertyhadbeenundercontracttwice

• Thissalesetarecordforpricing/SFforzoning

| Live®®

15,250,000

203.33

SVN|ChicagoCommercial

CHADSCHROEDLBRE#471.012418chad.schroedl@svn.com312.756.7329

DREWDILLONBRE#475.139988drew.dillon@svn.com734.223.2315

JAMESMEADBRE#471.012893james.mead@svn.com312.676.1871

STEPHENCUSANOBRE#475.150860stephen.cusano@svn.com312.675.4334

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FEATUREDINVENTORY

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FEATUREDINVENTORY:$51,319,000

BUY-SIDECOMMISSION:$1,083,427

FEATUREDINVENTORYFINANCIALSUMMARY

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

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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#475.112380adam.napp@svn.com312.789.4864

BEVERLYHAYESBRE#475.148421beverly.hayes@svn.com312.756.7330

29.30

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

DAVIDBENZINGdavid.benzing@svn.com480.626.0173

CHIPKLOPPENBURGchip.kloppenburg@svn.com480.626.0157

ARTRULLOart.rullo@svn.com480.626.0181

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#1404426rob.zaharia@svn.com310.984.1050

• FullyimprovedparcelinprimeSouthCorona

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

• Allutilitiestothesite• Conceptualplansavailableformedicalofficeor84unitseniorhousingdevelopment

SVN|RichInvestmentRealEstatePartners

| Live®®

1,666,667

1,900,000

1.14Acres

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

JOHNBUNCHjohn.bunch@svn.com859.264.0888

• 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,CCIMmatt.stone@svn.com859.351.5444

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

JAYHINTZEjay.hintze@svn.com414.550.0644

SVN|HintzeCommercialRealEstate

8.02

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

JUSTINVERNERjustin.verner@svn.com443.552.7447

• 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

BROOKSHEALYbrooks.healy@svn.com443.263.7000

TIMDUDLEYtdudley@svn.com804.822.3131

SVN|Motleys

RICHARDBRYANrbryan@svn.com804.655.2412

6.55%

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

MICHAELFINCHmichael.finch@svn.com480.797.9825

• 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

JEFFCLINEjeff.cline@svn.com480.326.6646

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