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SVN Live Weekly Property Broadcast 07.01.19

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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 07.01.19

  1. 1. WEEKLY PROPERTY BROADCAST July 1, 2019 Live ®
  2. 2. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS Commercial property prices continue to accelerate according to Real Capital Analytics • RCA reported that commercial property prices moved up 0.8% in April and 6.7% year- over-year, as volume declines 11% over the same period last year. • The industrial sector surge and relative retail slowness are directly related, as Amazon’s effects appear to be accelerating on the real estate investment markets in 2019.
  3. 3. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS Banks beginning to adapt to the reality of co- working tenants in office buildings • GlobeSt.com interviewed a representative of TD Bank in New York who said they are starting to embrace co-working tenants/platforms in office buildings they finance, but with key restrictions. • As more and more Fortune 500 firms embrace leasing from co-working operators, owners and their lenders must adapt to this reality and change underwriting standards to stay competitive.
  4. 4. Live® © 2019 SVN International Corp. CLOSED DEALS
  5. 5. 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. 156.77 |Live ®® 2,200,000 INDUSTRIAL | 655 ACADEMY CENTER | WINDSOR, CO • Seller completed a master lease back for 5 years • Two tenants occupying the building 14,033 SF SVN | Denver Commercial JERRY CHILSON jerry.chilson@svn.com 970.488.3179 7.6%
  6. 6. 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. 57.50 |Live ®® 2,300,000 SELF STORAGE | 5965 HAUGHN ROAD | GROVE CITY, OH • Located next to a current listing • Existing storage client expanding footprint in Columbus, Ohio • 40,000 existing SF on 11+ acres 40,000 SF SVN | Wilson Commercial Group, LLC KRISTEN ASMAN kristen.asman@svn.com 614.370.9077 6%
  7. 7. 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. 342.40 |Live ®® 3,060,000 RETAIL | 12030-12090 PRINCETON DRIVE | HUNTLEY, IL • Worked closely with buyer and seller to bridge differences in original offer • No deferred maintenance on property • National credit tenants • Closed in 45 days 8,937 SF SVN | Chicago Commercial JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862
  8. 8. 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. 343.11 |Live ®® 5,078,125 RETAIL | 1051 OAK STREET | NORTH AURORA, IL • West coast institutional buyer • 11 1/2 year lease term remaining - absolute NNN • 4th Walgreens property sold for the client 14,800 SF SVN | Stewart Commercial Group, LLC DAN STEWART, CCIM dan.stewart@svn.com 734.662.5097 6.40%
  9. 9. 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. 555.56 |Live ®® 10,000,000 MULTIFAMILY | 909-925 W BELMONT AVENUE | CHICAGO, IL • Worked on transaction for 6 years • 18,000 SF redevelopment parcel • Achieved highest psf price in the market 18,000 SF SVN | Chicago Commercial JEFFREY BAASCH jeffrey.baasch@svn.com 312.676.1873
  10. 10. Live® © 2019 SVN International Corp. FEATURED INVENTORY
  11. 11. www.svn.com PAGE | © 2019 SVN International Corp. Live® FEATURED INVENTORY: $46,549,376+ BUY-SIDE COMMISSION: $852,155+ FEATURED INVENTORY FINANCIAL SUMMARY
  12. 12. 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. 700,000 SF |Live ®® SUBJECT TO OFFER LAND | 3204 HEARTLEAF AVENUE EAST | PANAMA CITY, FL • Master planned unit development: City of Panama City, FL • Commercial supported by 3,200 approved residential units • Existing university charter academy (K-8) is in high demand • 700,000 SF of commercial space for retail, grocery, hospitality and office • Flexible, shovel-ready, permitted and mitigated • Highway 390 road expansion underway to a six-lane roadway • Marina component under development in the master planned community 2% SVN | Lotus MICHELLE MATSON michelle.matson@svn.com 781.929.6401 ASHLEY BLOOM ashley.bloom@svn.com 941.961.7109 SVN | SouthLand Commercial CARLTON DEAN, SIOR, CCIM cdean@svn.com 850.524.2275
  13. 13. 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. 11 UNITS |Live ®® 1,150,000 MULTIFAMILY | 447 S OLIVE DRIVE | MESA, AZ • Value add opportunity with untouched interior • Rents 15-20% below the market • New A/C units for each unit • New washer and dryers for laundry room 34,500 104,545.46 SVN | Desert Commercial Advisors KEVIN WELLER kevin.weller@svn.com 480.425.5513 CARRICK SEARS, CCIM, MBA carrick.sears@svn.com 480.425.5529 7%
  14. 14. 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. 110,00 SF |Live ®® 2,200,000 INDUSTRIAL | 100 GORDON STREET | GREENVILLE, SC • Prime candidate for redevelopment to mixed use (residential, retail, restaurant, office) • Great bones to the property - brick work, natural light, hardwood floors, etc. • Textile history goes back to 1925 - Opportunity for federal and state tax credits • Just outside of downtown Greenville, in close proximity to several other mill redevelopments 66,000 20 SVN | BlackStream DUSTIN TENNEY dustin.tenney@svn.com 864.757.4761 DANIEL HOLLOWAY daniel.holloway@svn.com 864.593.6644
  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. 27,500 SF |Live ®® 2,495,000 INDUSTRIAL | 2540 S WABASH | CHICAGO, IL • Located in Opportunity Zone • Adjacent land of 1.11 acres is also available • Recently reduced price • Less than half mile to Chicago's McCormick Place • Combined with adjacent land listing total of 232,600 SF potential buildable FAR 62,375 90.73 SVN | Chicago Commercial BEVERLY HAYES beverly.hayes@svn.com 312.756.7330 JOHN McDERMOTT john.mcdermott@svn.com 312.626.3030
  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. 1.11 ACRES |Live ®® 3,700,000 LAND | 2500 S WABASH | CHICAGO, IL • Recently reduced asking price • 1.11 acres land site half mile to Chicago's McCormick Place • Located in Opportunity Zone • Adjacent building also available • Total FAR for both listings is 232,600 SF 74,000 3,333,333 SVN | Chicago Commercial BEVERLY HAYES beverly.hayes@svn.com 312.756.7330 JOHN McDERMOTT john.mcdermott@svn.com 312.626.3030
  17. 17. 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. 107,407 SF |Live ®® 2,950,000 • Long term anchor tenants: Brookshire Grocery and Atwoods • 100% occupancy • Anchor tenants have 4 & 5 years remaining with options • Ample parking • 1/2 block from Wal-Mart Supercenter • Corner lot with stop lighted intersection 73,750 27.47 SVN | ArkBest Realty, LLC NATHAN HUTCHINS nathan.hutchins@svn.com 501.912.3660 7.74% RETAIL | 1629 EAST MAIN STREET | MAGNOLIA, AR
  18. 18. 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. 31,780 SF |Live ®® 3,500,000 OFFICE | 1023 MANATEE AVENUE WEST | BRADENTON, FL • Great investment opportunity • Owner occupied potential • Historic Bradenton landmark • Onsite visitor parking • Walking distance to the Riverwalk, numerous restaurants and local retail • Easy access to I-275 and I-75, and close proximity to Sarasota-Bradenton International Airport 87,500 110.13 SVN | Commercial Advisory Group DEBRA COOPER debra.cooper@svn.com 941.730.1700
  19. 19. 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. 9,018 SF |Live ®® 4,230,000 RETAIL | 13395 VOYAGER PARKWAY | COLORADO SPRINGS, CO • Shadow anchored by Sprouts Farmers Market • 100% occupied Class A retail shops • Located in the best sub-market in Colorado Springs - Northgate • Less than one mile from the north entrance to the Air-force Academy • Excellent mix of e-commerce resistant tenants 84,600 469.06 SVN | Denver Commercial TROY MEYER troy.meyer@svn.com 303.974.5737 KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 6.5%
  20. 20. 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. 7,381 SF |Live ®® 4,655,000 MEDICAL OFFICE | 2834 SPRING AVENUE SW | DECATUR, AL • Strong recession proof anchor tenant with approximately $22 Billion in annual revenue and the largest operator of outpatient dialysis clinics worldwide with 2.5 Million patients and 3,432 clinics • Located on a two blocks south of Route 67; an out-parcel to a WalMart Supercenter • Alabama is a Certificate of Need (CON) state, creating significant barriers to entry for competition • 10% increases every 5 years • Rent increases put the opportunity at a 6.3% Cap rate in 2.5 years • Loan is assumable (at Buyer's option) - 3 years left at 3.89%. 104,737.50 630.67 SVN | Rich Investment Real Estate Partners TRVIS ALBEE CalDRE #01871289 travis.albee@svn.com 818.227.8000 5.75% JEFF ALBEE, CCIM CalDRE #00969071 jeff.albee@svn.com 818.227.8000 TILDEN MOSCHETTI, CCIM CalDRE #01933142 tilden.moschetti@svn.com 818.227.8000
  21. 21. 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. 12 UNITS |Live ®® 4,800,000 BFR PORTFOLIO | 121 W GRANT STREET | ORLANDO, FL • Learn more about this new construction BFR (Build-for-Rent) portfolio 100325 at SFRhub.com and visit SFRhubBlog.com for market news • FreddieMac BFR permanent investor debt is now available on qualified BFR portfolios • Seller is an extremely qualified and respected developer and builder • Orlando is the 3rd ranked SFR market in the US & had the highest YOY rent increase (aprox. 6%) in the top SFR markets (John Burns Real Estate Consulting) 96,000 400,000 5.87% SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Florida Commercial Real Estate Advisors JERRY ANDERSON, CCIM jerry.anderson@svn.com 386.547.4968
  22. 22. 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. 83 UNITS |Live ®® 16,869,376 SFR PORTFOLIO | 1857 HAWK CENTER | DC METRO, MD • Learn more about this existing asset SFR portfolio 100327 at SFRhub.com and visit SFRhubBlog.com for market news • In Washington DC Metro the average single-family rent is $2,139 and is projected to increase by 8.06% by 2022 • Entry-level home prices in the DC Metro area have improved to $381,300 in 2018 from $372,400 in 2017, the 9th consecutive year of increases in the District • Amazon to bring 25,000 jobs to the DC Metro area with a new office opening 168,693.76 203,245.49 6.05% SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825
  23. 23. www.svn.com PAGE | © 2019 SVN International Corp. Live® July 1st- 5th, 2019 EVENTS & WEBINARS MONDAY JULY 1 HOSPITALITY COUNCIL MEETING 11:00am PT | 2:00pm ET THURSDAY JULY 4 SVNIC CLOSED FOR INDEPENDENCE DAY
  24. 24. 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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