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SVN Live Weekly Property Broadcast 06.10.19

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The SVN organization shares a selection of their featured weekly listings via their SVN | Live Weekly Property Broadcast. Visit http://www.svn.com/svn-live-weekly-property-broadcast if you would like to attend, as we open the Broadcast up to the entire brokerage community.

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SVN Live Weekly Property Broadcast 06.10.19

  1. 1. WEEKLY PROPERTY BROADCAST June 10, 2019 Live ®
  2. 2. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN FRANCHISES SVN FRANCHISE LOCATION SVN | Coastal Commercial Advisors Tampa, FL Managing Directors: Larry Star, Matt Christian
  3. 3. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION William Clemeno SVN | Vanguard, San Diego, CA Marion Abramiuk SVN | Chicago Commercial, Chicago, IL Ben Kepple SVN | Northco Real Estate Services, Minneapolis, MN Wes Brogan SVN | Gold Dust Commercial Associates, Reno, NV James Morgan SVN | BlackStream, Asheville, NC Jordan Israel SVN | BlackStream, Charlotte, NC Lox Leach SVN | BlackStream, Charlotte, NC Rodrick Adams SVN | HPW Commercial, Raleigh, NC
  4. 4. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION Eric Larpenteur SVN | Imbrie Realty, Portland, OR Brittney Guzman SVN | Ahia Commercial Real Estate, Portland, OR Willis Crocker SVN | Three Rivers Commercial Advisors, Pittsburg, PA Marc Lemay SVN | Montreal Commercial, Montreal, QC Chris Liebenberg SVN | BlackStream, Greenville, SC Stephen Blanks SVN | Southern Commercial Real Estate, LLC, Rock Hills, SC Cohl Morgan SVN | Wood Properties, Knoxville, TN Phillip Baxter SVN | Motleys, Richmond, VA Ron Orlando SVN | Cornerstone, Spokane, WA
  5. 5. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS Inflation rises, but less than expected, as fuel costs rise and economy grows • The BLS reported April inflation at 0.3% which represents a small decline from 0.4% the prior month. This rate of inflation is less than many forecast given the fast rate of GDP growth. • As inflation remains stable and low in face of low unemployment and steady GDP growth, the Fed has little pressure to raise rates. This is a very welcomed occurrence to commercial real estate markets.
  6. 6. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS Retail vacancy ticks up as store closures accelerate • REIS reported that mall vacancy moved up to 9.3% from 9.0% in the first quarter as store closings accelerated following the holiday cycle. Meanwhile, neighborhood and community centers remained stable at a flat 10.2% vacancy, as has been the case for much of the prior year. • The retail real estate sector is still being impacted by e-commerce and resulting store closings. Both will continue in 2019. Still, rising consumer health is showing that many retailers and thus retail properties can actually perform well on a market by market and asset by asset basis.
  7. 7. Live® © 2019 SVN International Corp. CLOSED DEALS
  8. 8. Sale Price $ Size Price/Key $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 35,483.87 |Live ®® 1,100,000 GOLF AND RESORT | 21 WISCONSIN STREET | GRAND MARAIS, MN • Total of 31 hotel and condo keys • Located in Grand Marais on Lake Superior approximately 40 miles from the the MN-Canada border • Grand Marais is a popular launching point for the Boundary Waters • SVN | Northco is part of the investment group that acquired the asset 31 KEYS SVN | Northco Real Estate Services FRANK JERMUSEK, JD frank.jermusek@svn.com 952.820.1615 EDWARD RUPP edward.rupp@svn.com 952.820.1634 CAMERON PETERSON, CCIM cameron.peterson@svn.com 952.820.1688 15% EMILIA MOLLE emilia.molle@svn.com 952.820.1618
  9. 9. Sale Price $ Size Price/Key $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 45,555.56 |Live ®® 4,100,000 GOLF AND RESORT | 2826 MN-61 | TWO HARBORS, MN • Lodge hotel and luxury cabins - 90 keys in total • Mix of whole and fractional units • Restaurant and banquet facility can accommodate 200 guests • Located on the North Shore of Lake Superior, 40 miles to Duluth and 180 miles to Minneapolis • SVN | Northco is part of the investment group that acquired the asset 90 KEYS SVN | Northco Real Estate Services FRANK JERMUSEK, JD frank.jermusek@svn.com 952.820.1615 EDWARD RUPP edward.rupp@svn.com 952.820.1634 CAMERON PETERSON, CCIM cameron.peterson@svn.com 952.820.1688 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 15%
  10. 10. Sale Price $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 109.96 |Live ®® 1,970,000 RETAIL | 108 OSBORNE WAY | GEORGETOWN, KY • SVN represented seller in selling their only commercial retail property in Kentucky • Buyer was a local real estate company in a 1031 Exchange • Sold at an aggressive 8% cap 17,916 SF SVN | Stone Commercial Real Estate NATHAN DILLY nathan.dilly@svn.com 859.264.0888 8% JOHN BUNCH john.bunch@svn.com 859.264.0888
  11. 11. Sale Price $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 191.20 |Live ®® 2,750,000 LAND | 6001 N CLARK STREET | CHICAGO, IL • Thought the property would be purchased by a residential developer • Unconventional buyer for this type of property • 1031 exchange driven 14,383 SF SVN | Chicago Commercial TIM RASMUSSEN trasmussen@svn.com 312.676.1875 JOHN LIVADITIS jlivaditis@svn.com 312.676.1864
  12. 12. Live® © 2019 SVN International Corp. FEATURED INVENTORY
  13. 13. www.svn.com PAGE | © 2019 SVN International Corp. Live® FEATURED INVENTORY: $31,947,382 BUY-SIDE COMMISSION: $827,395+ FEATURED INVENTORY FINANCIAL SUMMARY
  14. 14. List Price Buy Side Fee Size *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 30,142 SF |Live ®® SUBJECT TO OFFER* OFFICE | 9130 GALLERIA COURT | NAPLES, FL • 100% leased with below market rents • Entire building renovation including the lobby, tenant suites and common areas (2015-2019) • Professionally managed and well-maintained office building located within a professionally managed office park • Highly desirable and centralized Naples location with immediate access to nearby amenities; including restaurants, shopping and fitness • Minutes from I-75 and US-41 with easy ingress/egress to Airport Pulling Road N and Vanderbilt Beach Road • Located directly between two Ritz Carlton Resorts 2% SVN | KOVA TODD SABIN todd.sabin@svn.com 239.207.2658 *ARGUS MODEL RETURN | 10 %
  15. 15. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 4,967 SF |Live ®® 1,100,000 OFFICE | UNDISCLOSED ADDRESS | SKOKIE, IL • Move in condition retail flex building • Maximum signage on building • CX zoning for future development and occupancy type flexibility • In town location convenient to public transportation and highway system • Co-tenancy with strong regional & national operators • Can be split into two units 33,000 221.46 SVN | Chicago Commercial NATHALIE FISHER nfisher@svn.com 312.414.0602 AL LINDEMAN lindemana@svn.com 312.676.1864 JOHN LIVADITIS jlivaditis@svn.com 312.676.1864
  16. 16. List Price $ Buy Side Fee $ Size Price /Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 3.5 ACRES |Live ®® 1,500,000 LAND | 1910 HASKELL AVENUE | LAWRENCE, KS • Located in a very densely populated area of Lawrence, KS • Only 1.5 miles from Kansas University and Haskell Indian Nations University • Population of 59,413 within three miles (plus 29,500 students) • Very underserved market • Site is perfect for mixed-use, multi-family, student housing, office, and/or retail 45,000 428,571.43 SVN | The Hurst Company RICK HURST, CCIM rick.hurst@svn.com 913.538.5568 SVN | Rich Investment Real Estate Partners ALEJANDRO HINOSTROZA CalDRE #01853793 alejandro.hinostroza@svn.com 310.873.3977 x 289
  17. 17. List Price $ Buy Side Fee $ Size Price /Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 10.46 ACRES |Live ®® 1,500,000 LAND | 201 E BAY HEIGHTS | ENGLEWOOD, FL • Zoned multifamily • Potential boating access • Close to beach and bay • Growing area with variety of retail 45,000 143,403.44 SVN | Commercial Advisory Group LIZ BERRY liz.berry@svn.com 808.343.3557 MIKE MIGONE, CCIM mike.migone@svn.com 941.487.6986
  18. 18. List Price $ Buy Side Fee $ Size Price /Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 1.55 ACRES |Live ®® 3,750,000 LAND | 817 MANATEE AVENUE WEST | BRADENTON, FL • Most sought after centrally located redevelopment site in Downtown Bradenton's urban core • This corner encompasses 1.55 Acres of prime real estate with three major thoroughfares of excellent visibility and ingress/egress • Downtown urban center zoning T6 has a plethora of potential allowable uses on this site • Two motivated sellers with over 1.55 acres to sell and redevelop with no long term leases in place 112,500 2,419,354.84 SVN | Commercial Advisory Group ANGELA VARGA angela.varga@svn.com 941.932.7131
  19. 19. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 28,000 SF |Live ®® 2,775,000 LAND | 625-629 N 2ND AVENUE | PHOENIX, AZ • Opportunity zone development site - downtown Phoenix • 0.64 acres of vacant land • Zoned for 525' height - no density restrictions • Call for offers - July 31st, 2019 @ 5 PM MST 69,375 99.11 SVN | Desert Commercial Advisors JUSTIN HORWITZ justin.horwitz@svn.com 480.425.5518 PAUL BORGESEN paul.borgesen@svn.com 480.425.5516
  20. 20. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 109,078 SF |Live ®® 2,950,000 INDUSTRIAL | 300 RELIANCE ROAD | FEDERALSBURG, MD • Opportunity zone and enterprise zone • Manufacturing warehouse complex • Rail available • 21.31 acres with all city services 88,500 27.04 SVN | Miller Commercial Real Estate HENRY HANNA, CCIM, SIOR henry.hanna@svn.com 410.543.2420 WES COX wesley.cox@svn.com 410.543.2421
  21. 21. List Price $ Buy Side Fee $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 2,000 SF |Live ®® 4,000,000 SINGLE TENANT INVESMENT | 9857 MASON AVENUE | CHATSWORTH, CA • 10 Year NNN Corporate Guaranteed Lease (NASDAQ:SBUX, S&P Long-Term Rating A, Moody's A2) • 10% increase in year 5. No early termination clause | four (5) year options, 10% increase at each option • Over 55,000 cars per day at Lassen and Mason • Co-tenants include: Jack in the Box, Popeyes, Planet Fitness, Grocery Outlet, and Marriott Residence Inn • Strong demographics, over 155,000 people within 3 miles with over $106,000 average HH income 60,000 2,000 SVN | RIG MARIO HONG CalDRE #02071897 mario.hong@svn.com 626.538.3057 3.75%
  22. 22. List Price $ Buy Side Fee $ Size Price /Acre $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 1.525 ACRES |Live ®® 4,328,632 RETAIL | 15261 N REEMS ROAD | SURPRISE, AZ • New building • 100% occupied • NOI $259,717.92 • WalMart anchored shopping center • Growing population 173,145.28 2,838,447.21 SVN | Desert Commercial Advisors EDDIE GONZALEZ eddie.gonzalez@svn.com 602.510.2204 ROMMIE MOJAHED rommie.mojahed@svn.com 602.702.4663 6%
  23. 23. List Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 47 UNITS |Live ®® 5,013,750 SFR PORTFOLIO | 1414 E 62ND PLACE | CHICAGO, IL • Visit SFRhub.com and search portfolio number 100183 for more information • Receiver is conducting a “public sale” of the property through a sealed-bid auction process in accordance with 28 U.S.C. § 2002 • Strong 18.58% Stabilized year 1 leveraged IRR and a stabilized year 1 leveraged cash on cash of 18.58% • This 47 home SFR investment portfolio offers 100% occupied cash flow 100,275 106,675.53 9.73% SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Chicago Commercial MICHAEL THANASOURAS michael.thanasouras@svn.com 312.529.5793
  24. 24. List Price $ Buy Side Fee $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 25,153 SF |Live ®® 5,030,000 RETAIL | 18220-18240 E 104TH AVENUE | COMMERCE CITY, CO • Value-add opportunity anchored by Wells Fargo • Diverse mix of E-Commerce resistant tenants • Below market rents | strong submarket • 6.5% cap rate (current 80% occ.) | 9% cap rate (at 95% occ.) • 1st major intersection off E-470 | close proximity to DIA 100,600 199.98 6.5% SVN | Denver Commercial KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 TROY MEYER troy.meyer@svn.com 303.974.5737
  25. 25. www.svn.com PAGE | © 2019 SVN International Corp. Live® June 10TH – 14TH, 2019 EVENTS & WEBINARS TUESDAY JUNE 11 INSTITUTIONAL CAPITAL MARKETS MEETING 10:00am PT | 1:00pm ET WEDNESDAY JUNE 12 HEALTHCARE COUNCIL MEETING 9:00am PT | 12:00pm ET
  26. 26. Jumpstart DALLAS June 25-27, 2019 Registration is now open on my.svn.com
  27. 27. www.svn.com PAGE | Live® © 2019 SVN International Corp. 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. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All SVN® offices are independently owned and operated. DISCLAIMER THANK YOU FOR JOINING US! Live ®

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