Svn Live 3-13-2017 Weekly Property Broadcast

© 2017 SVN International Corp.

WEEKLY PROPERTY BROADCAST

MARCH 13, 2017

www.svn.com

PAGE |


NOW YOU CAN WATCH

ON

www.facebook.com/SVNIC

LIKE our page and get notifications when we’re LIVE!

Please remember to click the microphone icon

white to UNMUTE your line just before

your presentation.

UNMUTE

Upon conclusion, please click the

microphone icon red to MUTE

your line.

MUTE


PRESENTERS

www.svn.com

PAGE |


WELCOME NEW SVN ADVISORS

SVN | AuctionWorksNorthbrook, IL

Bianca Castillo

SVN | VanguardSanta Ana, CA

Brandon DesprasWilliam Webster

SVN | Mexico CityMiguel Hidalgo, DF

Roberto Leon

SVN | Alliance Commercial Real Estate Advisors Ormond Beach, FL

Chance Jewels

SVN | Chicago Commercial Chicago, IL

David Miller

SVN | Florida Commercial Real Estate AdvisorsFort Myers, FL

Catherine CovalRobert O’Connor

SVN | South Commercial Real Estate AdvisorsMiami, FL

William Hemingway

SVN | BlackstreamGreenville, SC

John Cannon

SVN | Tideland Commercial North Charleston, SC

John Michael Brock

SVN | Alta Commercial Salt Lake City, UT

Bill Stone

www.svn.com

PAGE |


SVN | Parke Group Fort Wayne, IN

Russell Zimmerman

SVN | Stora RealtyNew York, NY

Justin Panetta

SVN | Commercial Advisors, LLCSalem, OR

Dax Chen

SVN | Trinity AdvisorsFort Worth, TX

John Jones

SVN | Motleys Richmond, VA

Brandy Morris

WELCOME NEW SVN ADVISORS

www.svn.com

PAGE |


ECONOMIC TALKING POINTS

Apartment markets have solid 2016, look steady for 2017, according to REIS

• According to REIS, apartment rents grew by 3.6% in 2016 while vacancy remained unchanged at 4.2%nationally; this was better than expected and occurred with a 1.8% increase in supply.

• Going forward, rental rate growth is expected to decline with increased new supply; but developers may be “pumping the breaks” in time to avoid market collapse.

www.svn.com

PAGE |


• According to REIS, office markets experienced a 20 bps decline in vacancy to 15.8%, with 4th quarter activity being a major factor; effective lease rates increased by 2.4%, which is down from 3.6% in 2015but still respectable; new supply was down in 2016, 33.5 million SF vs 37.4 million SF in 2015 and largely contained to pre-leased/build- to-suit projects.

• Given the perpetual low level of new supply and continued robust growth in the office using jobs sector, office could be the upside breakout sector of 2017.

Office markets show slow, steady improvement in 2016, according to REIS

ECONOMIC TALKING POINTS


RECENTLY CLOSED DEALS

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 | Whitecap

CANDICE [email protected]

206.284.1000MULTIFAMILY | 2709 4TH AVENUE N. | SEATTLE, WA

445.34

1,100,000

2,470 SF

3.48%

• Amazing location between Queen Anne and Fremont

• Close to Facebook and Google offices, dining and lifestyle amenities

• Updated units featuring hardwood floors and in-unit washers and dryers

Sale Price $

Size

$/SF $





SVN | Walt Arnold Commercial

PATTI [email protected]

505.503.2638

JOEL [email protected]

505.503.2634

HUNTER [email protected]

505.503.2637 28.80

2,475,000

85,938 SF

• Purchased by owner/user for behavioral care facility

• Part of 4-building portfolio; 3 buildings are still available

• Owner is planning extensive renovation to the property

OFFICE| 1801 RANDOLPH SE| ALBUQUERQUE, NM

Sale Price $

Size

$ /SF $

Cap





SVN | Asset Advisory Group

BARBARA [email protected]

619.985.5592

674.30

3,128,783

4,640 SF

6%

• Credit tenant guaranteed Urgent Care Facility

• High growth Dallas suburb

• Long term, NNN Lease

MEDICAL OFFICE| 7760 HIGHWAY 78| SACHSE, TX

Sale Price $

Size

$ /Acre $





SVN | Florida Commercial

ROBERT [email protected]

561.346.2130

1,825,095

4,800,000

2.63 Acres

RETAIL | 1500 N. US HIGHWAY ONE| JUPITER, FL

• Property was under foreclosure

• Bank gave the owner 5 days to get the property under contract and sold within 45 days

• Presented the property to a local investor who submitted the contract on the same day

• Paid 5% commission on $5,000,000 ($200,00 more than the sale price)


FEATURED INVENTORY

www.svn.com

PAGE |


FEATURED INVENTORY$29,545,000

BUY-SIDE COMMISSION$740,500

FEATURED INVENTORY FINANCIAL SUMMARY

Price $

Buy Side Fee $

Size

$ /SF $





SVN | AVAT Realty, LLC

ANDREW [email protected]

256.653.0065

42,300 SF

49.65

2,100,000

42,000

• Brick construction

• Good physical condition

• Recent renovations

• Well managed

• 4 two-story buildings

MULTIFAMILY | 3913 TALWELL DRIVE S. | HUNTSVILLE, AL

Price $

Buy Side Fee $

Size

$ /SF $

Cap





RETAIL | 1535 WEST 26TH STREET | ERIE, PA

SVN | Three Rivers Commercial Advisors

JASON [email protected]

724.918.4426

10,586 SF

236.16

2,500,000

50,000

6.5%

• Strong sales history and high demand location ensure long-term investment

• 18 year history at this location

• Lease guaranteed by CVS Revco D.S. Inc.- operates 10,000 stores in 49 states

• Cap rate 6.9% upon lease extension

• Double Net [NN] minimal landlord responsibility

• Located on main traffic corridor - 20,000 CPD

Price $

Buy Side Fee $

Size

$ /SF $

Cap





RETAIL | 1001 JEFFERSON AVENUE | WASHINGTON, PA

SVN | Three Rivers Commercial Advisors

JASON [email protected]

724.918.4426

11,060 SF

424.95

4,700,000

141,000

6.5%

• Strong sales history and a high demand location ensure long-term investment opportunity

• Opportunity Double Net [NN] means minimal landlord responsibilities

• Located on signalized corner

• Lease term remaining of 8 years plus 5 [5-year] options

Price $

Buy Side Fee $

Size

$ /SF $





SVN | BlackStream

STEPHEN [email protected]

404.272.0054

20,879 SF

124.05

2,590,000

90,650

• 25,400 VPD (station #147)

• 1 mile from downtown Spartanburg

• Talbots anchored strip center

• Across the street from Converse College

WILLIAM [email protected]

803.331.1034

RETAIL | 551 E. MAIN STREET| SPARTANBURG, SC

Price $

Buy Side Fee $

Size

$ /SF $

Cap





MULTIFAMILY | 67 E. ROANOKE AVENUE| PHOENIX, AZ

SVN | RealStarAdvisors

MICHAEL [email protected]

480.797.9825

12,000 SF

279.17

3,350,000

83,750

5.75%

• 20 units

• Vibrant central Phoenix location

• Brand new Class A quality construction

• Near highest employment corridor in metro Phoenix

• Walking distance to Light Rail

• Fully upgraded interior and exterior renovations

• Close to schools, hospitals and Sky Harbor Int. Airport

• Adjusted cap rate with cost segregation benefit is 7.75%

JEFF [email protected]

480.442.8395

Price $

Buy Side Fee $

Size

$ /Acre $

Cap





SVN | Rich Investment Real Estate Partners

TRAVIS ALBEEBRE #01871289

[email protected]

818.227.8000

1.19 Acres

3,781,512

4,500,000

90,000

5.56%

• 78% of property is leased by national credit tenants

• Ingress/egress at a signalized intersection

• Located on Simi Valley’s main street with 29,000 cars per day

• Local population growth more than 4%

• 60 parking spaces

TILDEN MOSCHETTIBRE #01933142

[email protected]

818.227.8000

JEFF ALBEEBRE #00969071

[email protected]

818.227.8000

RETAIL | 1542 E. LOS ANGELES AVENUE | SIMI VALLEY, CA

Price $

Buy Side Fee $

Size

$ /Acre $





SVN | Chicago Commercial

AL [email protected]

312.756.7352

6 Acres

783,333

4,700,000

141,000

• Excellent land site at signalized hard corner

• 39,500 daily traffic count

• Great opportunity for multi use development

• Located around high income residential properties

• Strong demographics

LAND | 21481 N. RAND ROAD | KILDEER, IL

Price $

Buy Side Fee $

Size

$ /SF $

Cap





SVN | Don Ellwanger

DON ELLWANGERBRE#01008217

[email protected]

916.456.8389

19,888 SF

256.69

5,105,000

102,100

6.75%

• 100% occupied

• 2 buildings

• 10 long term tenants

• Located along heavily traveled WalergaRoad

RETAIL | 7117-7137 WALERGA ROAD | SACRAMENTO, CA

www.svn.com

PAGE |


MARCH 13 - MARCH 17, 2017

EVENTS & WEBINARS

Monday, March 13th

OFFICE COUNCIL Meeting11:00 am PT / 2:00 pm ET

Thursday, March 16th

LAND COUNCIL Meeting11:00 am PT / 2:00 pm ET

www.svn.com

PAGE |


BOSTON | March 28-31, 2017

REGISTRATION IS ENDING SOON!

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®

http://my.svn.com/

http://svn.tortal.net/

www.svn.com

PAGE |


SVN Operations Summit

SAVE THE DATE

The SVN Operations Summit is a fantastic opportunity for all SVN Operations,

Administrative and Marketing staff to acquire more advanced knowledge and

skills within the SVN system.

July 31 – August 1, 2017 | Chicago, IL

Registration opens Monday, March 6th at 12pm ET.Check your email for more information.

www.svn.com

PAGE |


THANK YOU FORJOINING US!

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.

http://www.svn.com/