SVN Live® Weekly Property Broadcast 1-23-17

© 2017 SVN International Corp.

WEEKLY PROPERTY BROADCAST

JANUARY 23, 2017

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WELCOME NEWSVN OFFICES

Abraham Knopfler, Managing Director

Market Areas

Union, Essex, and Hudson Counties New Jersey

Areas of Practice

Sales and Leasing, Office, Retail,Multi-Family & Industrial

1245 Virginia StreetElizabeth, NJ 20850917-364-6411

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BOSTON 2017March 28th-31st

Registration now open!

SVN|Jumpstart is designed to provide SVN franchisees and their Advisors with the information they need to utilize the tools, systems, and research available to their advantage. These courses are available both online and in person.

Registration information can be found on the SVN Dashboard (my.svn.com) or on SVN.com(svn.com/svn-jumpstart)

Space is limited, so REGISTER today!

NOTE: Completion of the SVN System for Growth "SVN | Jumpstart® Prerequisite" courses is required.

SVN | JUMPSTART®

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TAMPA, FLFEBRUARY 8-10, 2017

Register TODAY for the

2017 Annual Conference in Tampa!

Registration is available through the weekly SVN Events email, the Conference Registration reminder

email and on the Dashboard (my.svn.com).

SVN ANNUALCONFERENCE

14 LEFT TO REGISTER FOR THE CONFERENCE

2 TO THE START OF THE CONFERENCE

DAYS

WEEKS

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ECONOMICTALKINGPOINTS

Holiday spending projected to be higher than ever

• According to the Int’l Council of Shopping Centers (ICSC) Post-Holiday Shopping Survey, respondents reported spending 16% more than in 2015 and 4% over what they projected they would spend in October of this year, if true this would likely be the best holiday shopping season in US history.

• The survey also stated that almost 70% of expenditures occurred at stores with both online and physical presences, and that overall, physical store retailers appear to be regaining some strength against online only stores.

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ECONOMICTALKINGPOINTS

• CoStar states that brick and mortar retailers could shed up to 10% of its leased space in 2017 as they continue to “right size” in the new world of competitive online shopping; this will cause negative performance in many retail assets.

• Not all is bad. PREIT reported that they will take advantage of the three Macy’s lost in malls they own as an opportunity to reposition the malls into more valuable assets. In reality, many of these closed stores are excellent candidates for redevelopment.

Retail sector poised to see more loses of big box retailers, according to CoStar

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JANUARY 23 - JANUARY 27, 2017EVENTS & WEBINARS

Monday, January 23rdOFFICE COUNCIL Call1:00 pm PT / 4:00 pm ET

Wednesday, January 25th

BEST PRACTICES Call8:30 am PT / 11:30 am ET

INDUSTRIAL COUNCIL Call1:00 pm PT / 4:00 pm ET

Thursday, January 26th

MUILTIFAMILY COUNCIL Call9:00 am PT / 12:00 pm ET


RECENTLY CLOSEDDEALS

Sale Price $

Size

$ /SF

Cap

*For qualified transactions, 50% of the gross commission to the buy side.

50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE

PROPERTY HIGHLIGHTSPROPERTY DETAILS


SVN | Miller Commercial

16941 Sussex Hwy.BRIDGEVILLE, DE

INDUSTRIAL

23,000 SF

60.87

-

1,400,000

JOHN [email protected]

410.543.2440

• Truck/ equipment repair facility

• Rt. 13 highway frontage

• 4+ years of persistence with challenging seller

TOM [email protected]

302.249.9097

Sale Price $

Size

$ /SF

Cap





SVN | Hotels

6619 Glenwood AvenueRALEIGH, NC

HOSPITALITY

29,500 SF

81.35

9%

2,400,000

KEVIN [email protected]

252.571.0880

• Days Inn Hotel

• 54 rooms

• Conveniently located off of US Highway 70 by Crabtree Valley Mall

SANJAY [email protected]

302.249.9097

Sale Price $

Size

$ /SF

Cap





SVN | Hotels

300 E. Cornelius HarnettLILLINGTON, NC

HOSPITALITY

19,950 SF

176.69

9.5%

3,525,000

KEVIN [email protected]

252.571.0880

• Microtel hotel

• 57 rooms

• Located right off the highway


FEATURED INVENTORY

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FEATURED INVENTORY$47,513,330

BUY-SIDE COMMISSION$1,030,762

FEATURED INVENTORY FINANCIAL SUMMARY

Price $

Buy Side Fee $

Size

$





49,354 SF

20.26

-

1,000,000*

(1% of selling price)

SETH MARINOFF

SVN | Motleys

[email protected]

804.822.3139

814 US Hwy 64MANTEO, NC

HOSPITALITY

RICHARD [email protected]

804.232.3300

*Opening bid of $1,000,000

• 78 rooms- interior/ exterior mix on 4.57 acres

• Located in town of Manteo- outer barrier islands of the Outer Banks

• Hotel consists of 4 buildings; built 1986, 1965, 1966, 1977

• Manager’s quarters - 1,883 SF

• Revenue $1,075,000; Net operating income $404,206

• Operating turn-key hotel

TIM DUDLEY, CAI, AARE

[email protected]

804.822.3131

SVN | Shah Companies

SHAILESH SHAH, CCIM

[email protected]

757.695.3180$/SF

Cap

Price $

Buy Side Fee $

Size

$





2.52 Acres

500,000

1,260,000

37,800

1985 Senseny RoadWINCHESTER, VA

LAND

• Pad-ready sites available for ease in development

• Pads are centrally located, adjoining Shop & Save Center

• Strong co-tenants in the market

• Senseny Road is a corridor of growth

• Easy access to Rt. #7

• New school added to handle residential growth

$/Acre

JOHN COONTZ

SVN | Commercial Specialists

[email protected]

540.535.0808

KENT [email protected]

540.535.0808

Price $

Buy Side Fee $

Size

$ /SF

Cap





12,448 SF

184.77

8%

2,300,000

69,000

JOEL KATTAN

SVN | Commercial Realty

[email protected]

954.448.8531

790 SW 12th AvenuePOMPANO BEACH, FL

INDUSTRIAL

KEITH [email protected]

954.771.1212

• +/- 12,448 SF office/warehouse/maintenance building

• 22’ clear ceiling height

• Total of 2.23 acres comprised of three parcels

• Zoning is I-1, City of Pompano Beach

Price $

Buy Side Fee $

Size

$ /SF

Cap





35,551 SF

72.46

8%

2,575,880

77,276

KRIS WRIGHT

SVN | Walt Arnold Commercial Brokerage Inc.

[email protected]

505.503.2639

1520-1550 Tramway Blvd. NEALBUQUERQUE, NM

RETAIL

GLENN [email protected]

505.503.2642

• Close to I-40

• Near the growing 4 Hills Neighborhood

• Forever views in Albuquerque

• Across the street from Hinkle Family Fun Center

• Property includes a turn key bank with multiple drive thru lanes

• Anchored by CVS

Price $

Buy Side Fee $

Size

$ /SF

Cap





4,838 SF

568.42

7.42%

2,750,000

55,000

SVN | RICORE

3111 Princeton RoadHAMILTON, OH

RETAIL

ZACHARY [email protected]

513.939.4884

• NNN Sale-Leaseback

• No landlord responsibilities

• Strong demographics

• Outlot to Walmart, Kohl’s, and HH Gregg

• Less than 1 mile from Bridgewater Falls Mall

• Over $2 million in annual revenues

• About 25,000 cars per day on Princeton Rd.

Price $

Buy Side Fee $

Size

$ /SF

Cap





12,000 SF

291.67

5.5%

3,500,000

90,000

JEFF CLINE

SVN | RealStar Advisors

[email protected]

480.626.0210

67 E. ROANOKE AVE.PHOENIX, AZ

MULTIFAMILY

MICHAEL [email protected]

480.626.0219

• Vibrant central Phoenix location

• Brand new Class A quality construction

• Near highest employment corridor in metro Phoenix

• 100% occupied in less than 2 months

• Walking distance to light rail

• Fully upgraded interior & exterior renovations

• Close to schools, hospitals & Sky Harbor International Airport

• Fully upgraded interior & exterior renovations

DAVID [email protected]

480.719.2496

Price $

Buy Side Fee $

Size

$ /SF

Cap





16,000 SF

243.75

6.2%

3,900,000

117,000

JEFF CLINE


[email protected]

480.626.0210

1395 Auto DriveTEMPE, AZ

INDUSTRIAL


480.626.0219

• NNN National Tenant Lease

• Best In Class Long-term Tenant Class A Finishes throughout

• Free standing building at a Class A campus

• 24’ ceiling production area height

• 3.82;1,000 parking ratio (61 spaces)

• Fire sprinkler protection throughout building


480.719.2496

Price $

Buy Side Fee $

Size

$ /SF

Cap





Avg. 1,311 SF

Avg. 96.35

5.5%

4,800,000

48,000

JEFF CLINE


[email protected]

480.626.0210

SFR INVESTMENT PORTFOLIOPHOENIX, AZ

MULTIFAMILY


480.626.0219

• 38 homes located throughout Maricopa County

• 2,3,4 bedrooms; 2, 2.5 bath homes

• Continue with current property management

• High occupancy history

• Investor value-add upside

• Single level fee simple single family homes


480.719.2496

Price $

Buy Side Fee $

Size

$ /SF

Cap





58,710 SF

95.00

6.3%

5,577,450

139,436

ARIC SCHACHNER

SVN | Realty Three Advisors LLC

[email protected]

631.389.5500

355 Sills RoadYAPHANK, NY

INDUSTRIAL

LORRAINE O’[email protected]

631.389.0264

• 58,710 SF industrial building (expandable)

• 5.85 acres

• 7,627 SF office space

• 3 loading docks/ 2 overhead doors

• 2,5000 AMPS, 480 volts

• Sprinkler system

• Easy access to the Long Island Expressway & Sunrise Highway

Price $

Buy Side Fee $

Size

$





6 Acres

1,650,000

5.5%

9,900,000

148,500

825 Sanchos CircleST. CHARLES, MO

MULTIFAMILY

• 100% leased

• High ranking For Zumwalt School District

• Individual metered units

• High barrier to enter this market

• High end demographic renters

• Located on major commuter road and in desirable retail, restaurant and office area

• 25 year maintenance free exterior decking

$/Acre

KURT LORD

SVN | Lord Partners

[email protected]

314.862.5566

ANWAR [email protected]

314.899.5216

Cap

Price $

Buy Side Fee $

Size

$





50 Acres

199,000

10.4%

9,950,000

248,750

HISTORIC LUTSEN RESORTLUTSEN, MN

HOSPITALITY

• Historic Property Founded in 1885- Frontage on the popular North Shore of Lake Superior and the Poplar River

• Named “Best North Shore Resort” by Star Tribune & “Most Romantic Resort” by Minnesota Monthly Magazine

• Year-round operations; sleeps 700

• Adjacent to Lutsen Mountains- 4x size of most Great Lakes ski mountains

• Adjacent to Superior National Golf Course- recently underwent $4M renovation to make it a 27 hole course

$/Acre

CAMERON PETERSON

SVN | Northco Real Estate Services

[email protected]

952.820.1688

FRANK JERMUSEK, [email protected]

952.820.1615

JASON [email protected]

952.820.1614

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THANK YOU FOR JOININGUS FOR TODAY’S

THANK YOU

Please visit www.svn.com for more information on the properties featured on today’s call and

to view all of SVN’s active listings.

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SVN Live® Weekly Property Broadcast 1-23-17

Real Estate

Transcript of SVN Live® Weekly Property Broadcast 1-23-17