INVESTMENT REAL ESTATE SERVICES OCTOBER 2020...• Focusvision Inc. • Portland Fitness Equipment...

(503) 223 3171 • norris-stevens.com • 900 SW 5th Ave • 17th Floor • Portland, OR 97204

CALL FOR OFFERS

INVESTMENT REAL ESTATE SERVICESINVESTMENT REAL ESTATE SERVICES

Information contained herein has been obtained from others and considered to be reliable; however, a prospective purchaser or lessee is expected to verify all information to his/her own satisfaction.

OCTOBER 2020

22 - 77 ACRES LIGHT INDUSTRIAL LANDVANCOUVER, WA PREPARED BY:

MATT LYMANSenior Broker

[email protected]

GREG NESTINGSenior Broker, EVP

[email protected]

INVESTMENT REAL ESTATE SERVICES

22 - 77 ACRES LIGHT INDUSTRIAL LAND | VANCOUVER, WA


LISTING PROPOSAL


12503 SE Plain Blvd • Suite 260 • Vancouver, WA 98684

503.223.3171 • norris-stevens.com

2

CALL FOR OFFERS

TABLE OF CONTENTS

Our Team

Company Overview 3

TCN Worldwide 4

Team Overview 5

Property Information 7

Transaction Process 8

Sales & Marketing Plan 9

X

SITE

Location: Between Fourth Plain and Mill Plain Roads

Total Land Area: ± 76.96 Acres

Buildable Land Area: ± 50.26 Acres*

Zoning: IL II (City of Vancouver)

PROPERTY OVERVIEW




LISTING PROPOSAL




3

CALL FOR OFFERS

COMPANY OVERVIEW

EXCEPTIONAL TRACK RECORD - EXCEPTIONAL PEOPLE

Norris & Stevens is a full-service commercial real estate brokerage and property management company. Based in Portland, we serve Oregon, SW Washington and most other markets nationwide through our affiliations.

Founded in 1966 by Richard Norris and Jack Stevens, the firm’s primary focus began in property management. It is now one of the area’s largest locally-owned, full-service commercial real estate companies.

In 1987, Brian H. Bjornson and Robert R. Stutte, CRE, CPM®, became majority principals. In 2014, Bob Stutte retired and transferred his ownership to the remaining partners. The partners established an Executive Committee to manage the firm. Brian Bjornson served as Chairman unitl his passing in 2020. Presently, the Executive Committee consists of: David Keys CPM® CCIM®, Chairman and Managing Director; Timothy S. Mitchell, President; Patrick Nicholes, Treasurer and CFO; Marshall Ellis, Senior Vice President of Commercial Property Management; Joe Adrian, Secretary; and Greg Nesting, Member-at-Large.

Our current property management portfolio exceeds 260 properties — more than 6.5 million square feet of office, retail, and industrial space in over 110 commercial properties and 9,000 multifamily units in over 150 multi-family residential properties.

COMMERCIAL DIVISION

We have 25 Commercial Brokers involved in the sale and leasing of commercial properties. Our Commercial Brokers specialize both by product type and geographic area, in order to provide our clients with the most in-depth market information possible. In addition, there are eight Commercial Property Managers who serve office, retail, and industrial property in Oregon and

Southwest Washington.

PROPERTY MANAGEMENT

A core business for Norris & Stevens—and a foundation of our relationship with clients. Many other real estate companies consider property management secondary to their brokerage. Norris & Stevens believes that excellence in property management is the basis of our clients’ confidence in our services in leasing, sales and development. Norris & Stevens places equal emphasis on both, fostering unequaled cooperation between disciplines to the benefit of the client’s best interests.

MULTIFAMILY DIVISION

Specializes in providing services to apartment investors and developers. Site acquisition, development planning, project lease-up, property management, and the purchase and sale of apartment properties are areas in which our experienced staff excels. The properties in our management portfolio range from luxury properties to distressed communities undergoing rehabilitation. Currently eight Apartment Asset Managers and six Multifamily Sales Agents comprise our Multi-Family team.




LISTING PROPOSAL




4

CALL FOR OFFERS

TCN WORLDWIDE

LOCAL KNOW-HOW ON A GLOBAL SCALE

TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. An extensive range of real estate services coupled with a personal commitment to exceed expectations is what allows TCN Worldwide to be a leader within this competitive industry. Comprised of leading independent brokerage firms, serving more than 200 markets globally, TCN Worldwide combines an entrepreneurial approach with years of local experience. Around the globe, across all property types and service groups, TCN Worldwide’s more than 5,000 brokers and salespeople have a well-earned reputation for providing straightforward expert advice.

Our membership with TCN Worldwide is a benefit to our clients as we provide you with local know-how on a global scale. With approximately $58 billion in annual transactions and over 445 million square feet of space under management, the organization ranks as one of the largest service providers in the industry.

We offer more than sound real estate advice. We offer a partner to share your vision. When you work with TCN Worldwide you’ll be working with someone who shares your sense of ownership and accountability.

25 Countries 200+ Markets 170 Offices

5,500 Professionals445,000,000+ SF

Under Management$58.6 Billion+ Transactions

Find out more on TCN Worldwide’s website: www.tcnworldwide.com




LISTING PROPOSAL




5

CALL FOR OFFERS

DELIVERING COMMERCIAL REAL ESTATE ANSWERS AND OPPORTUNITIES

MATT LYMANSenior BrokerOffice and Industrial Properties

503.225.8454 (O)503.507.4880 (C)[email protected]

OUR TEAM'S MISSION“Our team's mission is to create commercial real estate opportunities and the best transaction experience for our clients through unprecedented reach, communication, and expertise.”

WHAT SETS US APARTMatt Lyman and his team are one of the top-tiered brokerage teams in Portland specializing in sales, lease renewals, and tenant representation. With experience covering every deal type, from institutional transactions, to small scale requirements, he and his team approach each client’s needs the same – with a focus on every step of a transaction’s lifecycle by applying a tiered, planned, and strategic approach.

Licensed in Oregon and Washington, Matt creates commercial real estate opportunities and the best transaction experience for clients through unprecedented reach, efforts, expertise, and communication.

Matt was previously the Principal Broker and Managing Director of KW Commercial Portland and Commercial Northwest. Since 2007 he and his team have worked with hundreds of institutional and local clients focused on commercial sales, leasing development, and investment throughout Oregon and Washington.

Throughout his career, he has assisted with all aspects of commercial real estate, where he has used his inside knowledge of the market to consistently provide tremendous value and bring opportunities to his clients.

ONE OF PORTLAND’S TOP-TIERED TEAMS

• Sales• Leasing• Investment• Tenant Representation• Lease Renewals• Valuation

GREG NESTINGSenior Broker, EVPIndustrial Properties

503.225.8440 (O)[email protected]

Greg Nesting specializes in the acquisition and disposition of investment and owner/user properties as well as Landlord and Tenant representation of industrial sales and leasing for the Portland Metro area.

Greg is one of the most respected industrial real estate professionals in the marketplace. He brings energy and organizational skills to accomplish his client’s goals. Greg provides a variety of client services including fee consulting, sales, leasing, sale lease backs, site selection and negotiations, land and investment sales as well as tenant representation. Clients choose Greg for their business because they trust his ability to manage the process. He always puts the client’s long-term interest above his own.




LISTING PROPOSAL




6

CALL FOR OFFERS

CLIENTS INCLUDE

NOTABLE LEASES

• Focusvision Inc.• Portland Fitness Equipment• NOVA AMP• American Industries• Serve Pro• Empire Holdings• QPS Inc.

• Cisco Supply• Steel Co.• Redside Development• Poster Garden• Advanced Technology Group• T3E Inc.• Portland Grocery

• Z-Tile• FBSC Inc.• Direct Repair Labs• KW Portland• Pet Solutions Inc.

4000 NW ST HELENS± 79,933 SF | $2,280,000 Lease Value

12937 NE DAVID CIR± 17,764 SF | $822,000 Lease Value

DELIVERING COMMERCIAL REAL ESTATE ANSWERS AND OPPORTUNITIES

1980 FESCUE ST± 21,840 SF | $1,120,000 Lease Value

9755 SW BARNES RD± 15,420 SF | $3,190,000 Lease Value

NOTABLE SALES

15640 NE FOURTH PLAIN± 25,100 SF | $6,095,000

1830 NW 23RD PLACE± 16,005 SF | $2,800,000

29345 WEST UNION RD± 47,850 SF | $5,470,000

8510 NE MILL PLAIN BLVD± 21,972 SF | $2,650,000

TESTIMONIALS“The professional approach and excellent communication where greatly appreciated and delivered a great result in the sale of our property.”

– China Crest Properties

“Matt kept in constant communi-cation and managed the conver-sations with all parties incredibly well.”

– Driven Enterprise LLC

“If you need a commercial broker dedicated to owners and clients, look no further than Matt Lyman.”

– Xperience Inc.

“Matt Lyman was very responsive and made all 3 of our transactions very quick and easy.”

– New Dream Inc.

“Matt kept in constant communi-cation and managed the conver-sations with all parties incredibly well.”

– Driven Enterprise LLC




LISTING PROPOSAL




7

CALL FOR OFFERS

PROPERTY OVERVIEW

FROM WETLAND STUDY“The National Wetland Inventory (NWI) mapping tool indicates one freshwater wetland (palustrine, emergent, persistent, temporary flooded; see Figure 4) as covering nearly the entirety of the site. ELS’ findings are generally consistent with the NWI mapping as two Category III, emergent, depressional wetlands were observed onsite, though they cover less area than the mapped wetland and are located in the central southern portion of the site. Test plots taken within Wetland B and the northern portion of Wetland A contained marginal wetland indicators. ELS recommends reassessing the site after the dry summer season in order to confirm the presence of wetlands in those areas. Wetlands A and B had moderate habitat scores (6 points and 5 points on the Rating System respectively; see attached wetland rating forms) 20.740.140-5).” - WETLANDS STUDY

EXCELLENT LOCATION• Property is ideally located between Fourth Plain and Mill Plain, allowing for

easy access to major transportation arteries.

• Wetlands survey has been completed by Ecological Land Services, showing large parcels of buildable land area ideal for development.

• Possible developments within IL II zoning include:

• Office and Medical

• Self-Storage

• Manufacturing and Production

• Warehousing

• Distances to major arteries:

• 0.50 Miles from Fourth Plain Blvd

• 3.75 Miles from I-205

• 3 Miles from Mill Plain Blvd

LOT 1

LOT 2

LOT 1

LOT 2

LOT 1

LOT 1 LOT 2

PARCELS

• 159318000 - 36.45 AC• 1593211000 - 11.06 AC• 159319000 - 7.81 ACLOT 1: $7,000,000 - 55.32 AC

• 159323000 - 11.06 AC• 159324000 - 10.58 ACLOT 2: $2,750,000 - 21.64 AC

$9,750,000 - 76.96 ACLOT 1 LOT 2+




LISTING PROPOSAL




8

CALL FOR OFFERS

TRANSACTION PROCESS

Week: 1 2 3 4 5 6 7 8 9 10 11 12 13

PHASE I: DiscoveryEngage Norris & Stevens

Complete property information survey

Confirm Goals & Objectives

Select project team members

Draft project timeline & marketing summary

Complete 'Broker Opinion of Value'

Identify targeted qualified & logical targets

Present findings to landlord

PHASE II: MarketExecute listing agreement

Order sign renderings

Prepare flyer draft

Design exclusive property website

Review all marketing drafts with landlord & finalize

Implement established marketing plan

- Populate all available digital sources with listing

- Schedule recurring industry-wide direct exposure

- Begin regular presentation to logical tenants

- Send property information to exclusive database

Tour property with potential clients

Review all potential lead requests with client

Update landlord with regular & real-time progress reports

Week: 1 2 3 4 5 6 7 8 9 10 11 12 13

PHASE III: EvaluateEvaluate & prepare responses to proposals

Review & approve proposals with Landlord

Present proposals to client

Client Identified - Timeline Reset

Resolve business terms & execute proposals

Negotiate legal issues & draft binding agreements

Draft transaction schedule

Resolve legal issues and execute agreements

PHASE IV: ExecuteFacilitate production of construction drawings

Negotiate exhibits

Facilitate selective bid process

Monitor transaction schedule

Final walk-through

Complete transaction

PHASE V: AssureEstablish punch list

Monitor punch list

Produce transaction file & distribute

Enter transaction into database

Produce lease abstract

Complete quality assurance questionnaire

ONGOING

ONGOING




LISTING PROPOSAL




9

CALL FOR OFFERS

MARKETING

Your marketing team has extensive experience marketing commercial properties such as yours. We have found that a broad cooperative approach generates the highest price and best terms for sellers and landlords. Our campaign is designed to target these buyers and tenants, both locally and nationally. Furthermore, we have the ex-perience to manage the transaction to a successful close and are adept at handling objections as they arise.

Our marketing approach is a proven process that has generated superior results for our clients. We are dedicated to achieving your objectives on this assignment, and we have substantial manpower and resources that will be brought to bear on your behalf.


WASHINGTON CENTRE 8196 SW HALL BLVD | PORTLAND, OR 97233


FOR LEASE


900 SW 5th Avenue • 17th Floor • Portland, OR 97204


FEATURES & FLOOR PLANS

FEATURES• Multiple office layouts

• Abundant parking recently updated common areas, restrooms,

and exterior

• Elevator served

• Ideal location near Washington Square and Highway 217

• Bridge to Fanno Creek Trail

• Above market deal incentives

• Full Service leases including janitorial

FIRST FLOOR

THIRD FLOOR

SECOND FLOOR

100

230

232

212

318

106


WASHINGTON CENTRE 8196 SW HALL BLVD | PORTLAND, OR 97233


FOR LEASE


900 SW 5th Avenue • 17th Floor • Portland, OR 97204


PROPERTY OVERVIEWDETAILS

SUITESQUARE FEET

FS RATE / MO.

101 - SUBLEASE± 1,975

$2,895

106

± 1,295

$1,183

212

± 485

$735

230

± 1,450

$2,095

232

± 3,225

$4,575

318

± 890

$1,335

SW SCHOLLS FERRY RD

REDTAIL GOLF CENTER

WASHINGTON SQUARE MALL

TARGET

SW HALL BLVD± 27,415 CARS PER DAY

NORDSTROM RACKCAR MAX

STARBUCKS

FEDEX

(503) 223 3171 • norris-stevens.com • 900 SW 5th Avenue • 17th Floor • Portland, OR 97204

WASHINGTON CENTRE

Washington Centre is a fantastic opportunity for tenants looking for flexibility

in an ideal location.

8196 SW HALL BLVD | PORTLAND, OR 97233

INVESTMENT REAL ESTATE SERVICESINVESTMENT REAL ESTATE SERVICES

FOR LEASE

PLEASE DO NOT DISTURB TENANTS


WA-CENTRE.COM

MATT LYMANSenior Broker

503.225.8454 (o) | 503.507.4880 (c)[email protected]

JACK SCHAUBBroker

503.225.8481 (o) | 607.592.1356 (c)[email protected]

NORRIS & STEVENS WEBSITEDesktop and mobile responsive listing page with SEO and virtual tour

EMAIL BLASTCan be viewed on any device the receiver opens their email on

FLYERS & OFFERING MEMORANDUMSDistributed electronically and hard copy, featuring professional ground-level and drone photography




LISTING PROPOSAL




10

CALL FOR OFFERS

SYNDICATIONS MOST BROKERAGES NORRIS & STEVENS AVG. MONTHLY EXPOSURE

CoStar P P 24,870

Loopnet Silver P P 35,000

Company Website P P 20,000

Showcase O P 2,540

42 Floors O P 10,150

Commercial Cafe O P 3,110

Real Massive O P 2,220

Vertical Email O P 879

Crexi O P 20,471

Realconnex O P 22,700

CIMLS O P 13,350

Officespace O P 64,000

ROFO O P 45,252

RMLS Commercial O P 18,350

Leavitt Digital O P 45,000

Property Line O P 144,000

Catylist O P 2,250

RealNex O P 68,400

Cityfeet O P 1,250

Bigger Pockets O P 125,000

Forward My Listing O P 540,000

Property Blast O P 140,000

Big Boy Blast O P 136,500

Real Capital Markets O P 300,000

THE LARGEST REACH OF ANY BROKERAGE OR TEAMREACH is the starting point to creating results. The more people we can get your property in front of, the more we can create competition and drive demand. We will accomplish this by exposing your property to more clients and brokers with measured results.

MARKETING

SYNDICATIONS MOST BROKERAGES NORRIS & STEVENS AVG. MONTHLY EXPOSURE

Property Campaign O P 180,000

N&S Database O P 12,470

Craigslist O P 3,540

Brevitas O P 4,587

Quantum Listing O P 12,411

The Broker List O P 1,224

Biproxi O P 688

Harken CRE O P 986

Spacelist O P 14,778

Google Ads O P 1,250

Facebook O P 10,430

Linkedin O P 8,500

Instagram O P 1,325

YouTube O P 475

AFFILIATIONS

TCN Worldwide O P 5,712

SIOR O P 3,224

CCIM O P 9,560

CAR O P 917

Corfac O P 887

NAI Gobal O P 8,114

CAB O P 614

Xteam O P 811

KW O P 3,102

Total Reach and Exposure: 2,070,897




LISTING PROPOSAL




11

CALL FOR OFFERS

MARKETING

ONLINE MARKETINGNorris & Stevens utilizes as wide range of online marketing tools to cast the “widest net” possible and drive investors and tenants to focus on your property.

LoopNet is the leader in the online commercial real estate market, bringing in an audience of nearly 12.6 million visitors each month. LoopNet websites receive 4 times more traffic than the next 50 commercial real estate websites combined, and more than 83% of the transactions completed in 2018 involved a CoStar or Loopnet subscriber. Norris & Stevens’ Premium Membership enables our listings to be seen throughout LoopNet’s massive subscriber base without restriction.

CoStar is the industry leader in providing commercial real estate (CRE) information to industry professionals, operating in 368 markets and 2,500 submarkets. CoStar has invested over $1 billion in research operations to deliver the most comprehensive database of information in the country. Norris & Stevens utilizes this service to provide our clients with the best market data available and to give our listings national exposure to real estate professionals.

TCN is the 7th largest commercial real estate firm in the United States according to NREI’s 2018 Top Brokers List. As a member of this network, we have direct access to over 5,000 professionals in 200 markets around the world. With TCN’s extensive email subscriber list of over 12,000, Norris & Stevens is able to reach beyond our marketplace and take your properties to a national and international audience of commercial real estate professionals, investors, owners, and financial lenders.

Our website, www.norris-stevens.com, has an average audience of 20,000 sessions and 13,000 new users each month. Our custom listing page, which contains all of our active property listings, is easily searchable by prospective tenants or investors looking for opportunities to purchase or lease a new property.

As part of our comprehensive marketing campaign, we distribute printed materials such as post cards, flyers, and investment packages to a targeted list of prospects.

Using Constant Contact, an email campaign system, we are able to design and distribute dynamic digital content to over 7,000 unique contacts located throughout the Pacific Northwest and West Coast.

Utilizing a network of over 2,300 Pacific Northwest brokers, the Vertical Email system enables us to connect with real estate professionals in our local market, placing your property’s information in front of qualified viewers.

We broadcast our active listings through our social media accounts - Twitter, Facebook, LinkedIn and Instagram - which reach over 1,700 followers combined.

INVESTMENT REAL ESTATE SERVICES OCTOBER 2020...• Focusvision Inc. • Portland Fitness Equipment...

Documents

Transcript of INVESTMENT REAL ESTATE SERVICES OCTOBER 2020...• Focusvision Inc. • Portland Fitness Equipment...