The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Visit www.svn.com/mondaycall if you would like to attend our weekly call which we open up to the brokerage community.
2. SVNIC Welcomes…
Sperry Van Ness®
JV Property Management & Brokerage, Inc.
James Engel
Managing Director
1008 West Hillcrest Blvd
Inglewood, CA 90301
CA Phone: (888) 340-0707; OK Phone: (888) 360-0707; TX Phone: (888) 380-0707
Market Areas: Los Angeles County, CA (brokerage); All states West of the Mississippi River
(property management)
Areas of Practice: Multifamily Brokerage and Property Management.
Years of Experience: James Engel: 12 years; Victor M. Rex 9 years
Victor M. Rex
Managing Director
3. Broker Boot CampBroker Boot Camp
Boot Camp is designed to give new to Sperry Van
Ness Advisors the information they need to utilize the
SVN systems, tools and resources. The 3-day event
will be held in Chicago, IL. Breakfast and lunch will be
provided each day. There will be an SVNIC hosted
cocktail mixer on Thursday evening.
**Advisors are responsible for their flight and hotel arrangements.
Dates: August 14, 15, 16Dates: August 14, 15, 16
Location: Chicago, ILLocation: Chicago, IL
SIGN UP TODAY!SIGN UP TODAY!
Please contact kristina.allen@svn.com to reserve
your space. Spots are limited.
4. This Week’s Upcoming EventsThis Week’s Upcoming Events
Wednesday, July 3rd
National Deal Making Call
(8:30am PT / 11:30am ET)
Thursday, July 4th
SVNIC Office will be closed in
observance of Independence Day
5. Old Stage Road | Delmar, DE
Just Closed!
$680,000
Transaction Highlights:
•Originally constructed as daycare
facility / converted to church
facility
•10,000 sq.ft. on 2.75 Acres
•3 years on the market
Henry Hanna, CCIM, SIOR
410-543-2420
henry.hanna@svn.com
Salisbury, MD
Wesley Cox, CCIM
410-543-2421
wesley.cox@svn.com
Salisbury, MD
Chris Davis
410-543-2436
chris.davis@svn.com
Salisbury, MD
6. Extra Space Self Storage | Amsterdam, NY
Just Closed!
$950,000
Transaction Highlights:
•List to Closing 105 days
•A true 9% Cap Rate deal, plus extra
land for possible expansion.
•Price at $32.55/NRSF is less than
replacement cost.
•Seller was Extra Space, one of the
4 REIT in the industry. Property sold
to a regional operator looking to
expand.Nick Malagisi
716-633-9601
nick.malagisi@svn.com
Buffalo, NY
7. 901 W. Wall Street | Midland, TX
Just Closed!
$1,200,000
Transaction Highlights:
•Sold the vacant office property 4
times before the lender foreclosed
on the property while it was under
contract.
•Eventual buyer paid less than
previously contracted.
•Low price - $28 psf for 43,000 sf on
entire city block.
•Value add play- To be redeveloped
in the hot "oil& gas" Midland, TX
market.
Wes Hallmark, CCIM
806-797-2190 x202
hallmarkw@svn.com
Lubbock, TX
8. Capital City Business Center | Salem, OR
Just Leased!
$4,962,101.52
Key Lease Terms:
•New 10 year lease with State of
Oregon *36,586 SF in 240,000+SF
building
•Lease signing to occupancy in less
than 60 days
•Represented GPT Properties Trust
Curt Arthur, SIOR
503-588-0400
curt.arthur@svn.com
Salem, OR
Jennifer Martin, CCIM
503-588-0400
jennifer.martin@svn.com
Salem, OR
10. Cambridge Apartments | Idaho Falls, ID
$1,125,000 | For Sale
$33,750 | Buy Side Fee
Offering Highlights:
•16 Units
•Large land area for adding tenant
and curb appeal
•Two buildings are duplexes with
new roofs
•Two buildings are 6-units with
metal roofs and twelve oversized
garages
•Many units upgraded, including
appliances, windows, paint & carpet
•Website: http://bit.ly/144COlW
Douglas Powell, III
208-535-8520
douglas.powell@svn.com
Idaho Falls, ID
11. 525 Levy Road | Folsom, CA
$1,250,000 | For Sale
$37,500 | Buy Side Fee
Offering Highlights:
•3,480 SF
•9.7% cap rate
•Website: http://bit.ly/12OxiWu
Walter Helm
916-920-4432
walter@svn.com
Sacramento, CA
12. Lost Hills RV Park | Lost Hills, CA
$1,295,000 | For Sale
$32,375 | Buy Side Fee
Offering Highlights:
•Motivated seller
•19.68% cap rate (Pro Forma)
•85 Total Spaces
•Pool, Playground, Laundry/Showers
•General Store
•Manager's Apartment
•Huge Upside
•Rare Opportunity
•9.3 Acres with Land for Expansion
•Website: http://bit.ly/12hMcCI
Mark Yadisernia
310-415-6804
markyada@svn.com
Los Angeles, CA
13. 11577 Pellicano Drive | El Paso, TX
$1,900,000 | For Sale
$47,500 | Buy Side Fee
Offering Highlights:
•Located In East El Paso, TX
•Approximately 1 Mile North of
Interstate-10 at Lee Trevino
Interchange
•1,280 square foot Stand Alone
Office building
•11,700 square foot Drive in
Maintenance facility with Eight (8)
oversized doors
•Built on 9.19 Acres
•Website: http://bit.ly/12nJaNs
Michael T. Livingston, CCIM, SIOR
915-585-2100
michaellivingston@svn.com
El Paso, TX
14. 101 Thermon Drive | San Marcos, TX
$1,900,000 | For Sale
$47,500 | Buy Side Fee
Offering Highlights:
•Great Visibility and Accessibility
from I-35.
•Large lot at 2.35 Acres on the
Corner of Thermon Drive and IH-35
Service Road.
•The Building was Remodeled in
2010.
•Server Room with Fiber and
Generator Hook Up. Security
System with Fire Monitoring also
Existing.
•Website: http://bit.ly/12oLKmn
Steve Rodgers, CCIM
830-358-7806
steve.rodgers@svn.com
New Braunfels, TX
15. 1040 W. Arkansas Lane | Arlington, TX
$2,400,000 | For Sale
$72,000 | Buy Side Fee
Offering Highlights:
•High Traffic Retail Building
•For sale or lease
•$12.00 NN
•Well Maintained 24,500 SF Box
•314,000 Population/ 5 Mile Radius
•Website: http://bit.ly/1538xVR
James Blake, CCIM
817-870-9886 x1
james.blake@svn.com
Fort Worth, TX
Neil Sherman
480-425-5504
neil.sherman@svn.com
Phoenix, AZ
16. Country Woods Apartments | Dayton, OH
$2,400,000 | For Sale
$60,000 | Buy Side Fee
Offering Highlights:
•Apartment Rehab Opportunity
•351 Units
•Largest Apartment Community in
the Submarket
•90 Rentable Units/Currently 69
Occupied Units
•Approximately $850,000 Spent in
Recent Improvements
•All Units are Sub-metered for
Electric/HVAC
•$6,837 Price per Unit
•Website: http://bit.ly/13aKDIW
Bart Weprin
513-936-9110
bart.weprin@svn.com
Liberty Township, OH
17. Trenton Place | Willoughby (Cleveland), OH
$7,985,000 | For Sale
$119,775 | Buy Side Fee
Offering Highlights:
•144 Units
•7.72% cap rate
•5 Minutes from I90, I271, and Ohio
Route 2
•Nestled in Heavily Wooded Area
on Major Artery, Euclid Ave.
•Within a Mile of Most Major Retail
and full service Hospital
•Resurfaced parking lots and all
new building entrances, intercoms
and common areas.
•Website: http://bit.ly/11LhD8O
Victor S. Voinovich, Sr.
888-236-1435
voinovichv@svn.com
Cleveland, OH
18. 2531 Cleveland Ave | Ft. Myers, FL
$12,500,000 | For Sale
$312,500 | Buy Side Fee
Offering Highlights:
•Medical Sale/Leaseback
•7.6% Cap Rate
•10 YR NNN Lease starts at $26 psf
NNN with 2% Annual bumps
•Limited personal guarantees by 8
orthopedic surgeons
•Located across street from hospital
•Website: http://bit.ly/12nIBD5
Mark Alexander, CCIM
239-826-4174
marka@svn.com
For Myers, FL
19. Gas Convenience Portfolio | 18 Sites in NJ, PA & MD
$15,700,000 | For Sale
$471,000 | Buy Side Fee
Offering Highlights:
•Total of 18 Sites- 10 in NJ; 5 in PA;
3 MD
•Opportunity to operate
convenience stores and bay areas
•Opportunity for redevelopment
•All Gas Stations to carry Sunoco
Flag
Mark D. Berk
610-891-8988
mark.berk@svn.com
Media, PA
Jack DePaul
610-891-8988
jack.depaul@svn.com
Media, PA
Scott Skogmo, SIOR
410-988-2565
scott.skogmo@svn.com
Columbia, MD
20. Thank you for joining us!Thank you for joining us!
For information about all ofFor information about all of
our listings please visitour listings please visit
www.svn.comwww.svn.com