Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

SVN Live 11.16.20 Weekly Property Broadcast

The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit http://www.svn.com/national-sales-call if you would like to attend our weekly call, which we open up to the brokerage community.

  • Als Erste(r) kommentieren

  • Gehören Sie zu den Ersten, denen das gefällt!

SVN Live 11.16.20 Weekly Property Broadcast

  1. 1. WEEKLY PROPERTY BROADCAST November 16, 2020
  2. 2. ECONOMIC UPDATES
  3. 3. www.svn.com PAGE | GDP • According to the Bureau of Economic Analysis, the U.S. economy grew at an annualized rate of 33.1% in the third quarter of 2020, the highest reading on record. Of course, the third quarter rebound follows the worst single quarter contraction on record, as annualized total output fell by 31.4% in Q2. • Between Q4 2019 and Q2 2020, annualized Real GDP fell by a total of $2.0 Trillion. The third quarter’s reignition of activity recovered roughly two-thirds of the ground lost, gaining back $1.3 Trillion. • Personal Consumption Expenditures, the single largest GDP component, bounced back from an annualized -33.2% contraction in Q2, posting a favorable 40.7% growth rate in Q3. • Looking ahead, economists polled in the Wall Street Journal’s monthly forecasting survey expect that the economy will expand at a more pedestrian 3.8% annualized rate in Q4 ECONOMIC UPDATES PROVIDED BY
  4. 4. CLOSED DEALS
  5. 5. Sale Price $ Size Price /Acre $ Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SELF STORAGE | 14 CALUMET ROAD | METHUEN, MA SVN | C.M. Neville & Associates, Inc. CONNIE NEVILLE, J.D nevillec@svn.com 781.696.6241 SVN | Hardisty Commercial Realty HANS HARDISTY, CCIM, MBA hans.hardisty@svn.com 914.489.7909 1,200,000 • In-fill self storage development site • 25.5% IRR on SVN broker pro forma • Relationship with seller began in 2017 when Hans & I completed a feasibility study for the owner • Seller had the project permitted for several freestanding buildings, the buyer didn't like the design and went back to the city and undertook a site plan revision process • This was a long and arduous process but new permits were finally issued and after 3 years we finally closed • Sold to an institutional group with management development platforms 10.54 Acres 113,852
  6. 6. Sale Price $ Size Price /Acre $ Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SELF STORAGE | 1484 MAINE ROUTE 26 | POLAND, ME SVN | C.M. Neville & Associates, Inc. CONNIE NEVILLE, J.D nevillec@svn.com 781.696.6241 SVN | The Urbanek Group ERIK URBANEK erik.urbanek@svn.com 207.831.4364 2,100,000 • 26,000 net rentable square feet with 16,000 nrsf expansion • Listed property in January just as the owner was starting site work • Despite challenges in the product supply chain during the spring the owner/developer was able to deliver the property with 4 buildings completed and slabs ready for 4 more • Property opened in mid-June and was 50% occupied as of the 10/9 Closing • Achieved $80/nrsf for seller 8 Acres 262,500
  7. 7. Sale Price $ Size Price /Acre $ Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SELF STORAGE | 1031 NEW BRITAIN AVENUE | WEST HARTFORD, CT SVN | C.M. Neville & Associates, Inc. CONNIE NEVILLE, J.D nevillec@svn.com 781.696.6241 3,000,000 • Initially listed in 2016 as a turnkey self storage conversion of a former Bally's Health Club that the owner was going to complete • Connie sold a property for this owner in Old Town, Maine • Co-listing broker sold a property for the owner in Connecticut • He told us work together or he'd give the listing to someone else entirely • Fortunately we had an established relationship and joined forces 4 Acres 750,000
  8. 8. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 5732 MCCLELLAN HIGHWAY | BRANCHLAND, WV SVN | Investment Property Advisors DAVID DE MAAGD, CPA, MBA david.demaagd@svn.com 616.399.3955 1,390,000 • Repeat buyer • 1031 exchange • Larger store9,180 SF 151 9.26%
  9. 9. Sale Price $ Size Price /SF $ Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 1440 SW 31 STREET | POMPANO BEACH, FL SVN | Commercial Realty LES BYRON, SIOR, CCIM les@svncr.com 954.401.4713 KEITH KIDWELL, SIOR, CCIM keith@svncr.com 954.234.8777 STEVE DAVIS steve@svncr.com 954.650.7824 2,300,000 • Submitted contract within 24 hours after prior buyer cancelled • Building’s extra land (1 acre) was the kicker • Built by Les Byron’s father in 197714,516 SF 158
  10. 10. Sale Price $ Size Price /Acre $ Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. LAND | BLUE CEDAR ROAD | LEESBURG, FL SVN | Saunders Ralston Dantzler MARVIN PURYEAR mpuryear@svn.com 352.267.5900 4,650,000 • Contiguous to the new Orlando Health - South Lake Hospital • Highly visible from the Florida Turnpike and US 27 • Commercial development opportunity110 Acres 42,273
  11. 11. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 1178 S KALAMATH STREET | DENVER, CO SVN | Denver Commercial RYAN BENGFORD ryan.bengford@svn.com 720.773.8712 KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 TROY MEYER troy.meyer@svn.com 303.974.5737 1,050,000 • Record breaking cap rate for cannabis property in Colorado • Quick 30 day close • All cash • Multiple offers 7,893 SF 133 9.1%
  12. 12. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 9092 SKY RIDGE AVE | LONE TREE, CO SVN | Denver Commercial TROY MEYER troy.meyer@svn.com 303.974.5737 KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 6,450,000 • Fantastic location adjacent to Super Target in affluent area - Lone Tree • Repeat client - sold their shopping center in February • 1031 ID period ended 3 days prior to IRS extension which began 4/1 • Sourced this property prior to hitting the market, while it was under construction • Loan terms - 3.565% interest rate, fixed for 7 years 13,068 SF 494 6.52%
  13. 13. FEATURED INVENTORY
  14. 14. www.svn.com PAGE | FEATURED INVENTORY: $67,224,563 BUY-SIDE COMMISSION: $886,687 FEATURED INVENTORY FINANCIAL SUMMARY
  15. 15. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. MULTIFAMILY | GRASSLYN MANOR | 17 UNIT DUPLEX PORTFOLIO | MILWAUKEE, WI 1,300,000 17 76,471 • Unique 17-unit duplex offering • Value-add opportunity for a new owner to cut the loss to lease & bring rents to market • Year 1 "As-Is" cash-on-cash: 12.32% & IRR 7-year holding period: 21.86% • Close proximity of each property provides ease of management • Centrally located between arterial roads (175 & 145) south of Capitol Drive & minutes away from I-41 & I-43 • Milwaukee is the second strongest city in the Midwest for multifamily market stability and has seen net migration of 4.5% since the start of the pandemic SVN | Hintze Commercial Real Estate MICHAEL WIRTH michael.wirth@svn.com 262.302.9795 7.42% 39,000
  16. 16. Price Buy Side Fee $ Size NOI $ Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. OFFICE/INDUSTRIAL| 6850, 6860, 6890 ARGONNE ST | DENVER, CO SVN | Denver Commercial JEFF HEINE jeff.heine@svn.com 303.803.3803 STEVE KAWULOK steve.kawulok@svn.com 970.691.1220 SVN | Angelic GABRIEL SILVERSTEIN, SIOR gabriel.silverstein@svn.com 512.953.3320 Subject to Offer • Fully leased to an ideal combination of regional and national credit tenants, with staggered lease expirations, providing steady cash flows • In-place leases are at below market rents by as much as $3 per square foot or more, giving a buyer upside despite being completely leased • Very functional Class A Flex space in three buildings with loading in back and 24’ clear heights to the deck • Located within the DIA / East I-70 Submarket, the largest and most institutionally owned industrial submarket in the Denver Metro 91,484 SF 989,548 150,000
  17. 17. Price Buy Side Fee Size Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 400 E 162ND ST | SOUTH HOLLAND, IL SVN | Chicago Commercial NICHOLAS MANGANAIS nick.manganais@svn.com 312.756.7332 Subject to Offer • Property located at NEC of 4-way lighted intersection • Heavy traffic counts going east/west on 162nd street (33,0000-38,000 VPD) • Property features 2 drive-up windows • Building can be used as single-tenant or 2 tenant use • Property built in 2018 with high-quality materials • Large parking field on north side of building • Walled outside sitting area 2.25% 6,069 SF
  18. 18. Price $ Buy Side Fee $ Size Price /SF Building $ Price/SF Land $ Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL/LAND | 624 GREEN BAY ROAD | KENILWORTH, IL SVN | Chicago Commercial WAYNE CAPLAN wayne.caplan@svn.com 312.529.5791 1,975,000 • Beautiful bow-truss building on Green Bay Road in Kenilworth • +/- 5,100 SF building on approx. 11,000 SF site - includes 20+ parking spaces • Can build over 33,000 SF on the whole site or 15,000 on the adjacent lot • 110 feet of frontage on heavily trafficked Green Bay Road • Flexible B business zoning allows for many possible uses including retail, residential, office, mixed-use • Located in Kenilworth's Green Bay Road TIF district 49,375 5,100 SF 387 179
  19. 19. Price $ Buy Side Fee $ Size Price/SF $ Cap Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SINGLE TENANT INVESTMENT | 41501 CORPORATE WAY | PALM DESERT, CA SVN | Rich Investment Real Estate Partners JOSH SNYDER CalDRE #01940165 josh.snyder@svn.com 925.876.0884 TILDEN MOSCHETTI, CCIM CalDRE #01933142 tilden.moschetti@svn.com 818.350.5424 3,250,000 • Recent lease extension - seven years remaining • Limited landlord responsibilities • Annual 2% rent escalations • Located across the street from JW Marriott Desert Springs Hotel and Resort -- one of Palm Desert's largest employers • Minutes from Eisenhower Health, the highly regarded health system in Palm Desert 65,000 7,000 SF 464 5.26%
  20. 20. Price $ Buy Side Fee $ Size Price/SF $ Cap Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 901 WEST MARKET CENTER DRIVE | HIGH POINT, NC SVN | Miller Commercial Real Estate JOHN MCCLELLAN, CCIM, SIOR john.mcclellan@svn.com 410.543.2428 3,482,563 • Industrial sale leaseback • New 8 year primary term • Below market rent • Low vacancy region • Excellent condition • Co-listed with Tom Townes, CCIM, SIOR & Bobby Finch, Cushman & Wakefield, Greensboro, (NC BOR) 104,477 111,442 SF 31 8%
  21. 21. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. INDUSTRIAL | 940 BLACKSTOCK AVE AND RAMSEY ST | KNOXVILLE, TN SVN | Wood Properties JON KINSLOW-CRUZ jon.kinslow-cruz@svn.com 901.485.4526 GEORGE BROWN, CCIM george.brown@svn.com 865.804.1188 3,950,000 • Three buildings • High visibility • Easy access to Downtown and University of Tennessee • Large parking lot with 242 spaces • High ceilings • Hardwood floors • Abundant natural light • Walk-out basements • Fully sprinklered 118,500 70,000 SF 56
  22. 22. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. RETAIL | 305 LIBERTY ST NE | SALEM, OR SVN | Commercial Advisors, LLC CURT ARTHUR, SIOR curt.arthur@svn.com 503.588.4146 NICK WILLIAMS nick.williams@svn.com 503.400.7851 4,700,000 • One of the most important corners in Salem • Linked by sky bridges to parking and other retail destinations • Opportunity zone & urban renewal district location • Development opportunity 117,500 102,500 SF 46
  23. 23. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property HighlightsProperty Details 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2020 SVN International Corp. SFR PORTFOLIO | 100507 . 242 HOME SFR INVESTMENT PORTFOLIO | BALTIMORE, MD 48,567,000 242 200,690 • For more information, please visit www.SFRhub.com and search for portfolio 100507! • Seller is an extremely qualified and experienced SFR owner/operator • Little to No CapEx needed in this portfolio with stable in place tenants • All homes have been updated with average renovations of $54,372 • Over 84% of homes are backed by the federal government with housing vouchers • Little to no delinquency or late payments given government back programs in place • Strongly background checked tenants achieves timely rental payments and reduced vacancy rates SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Miller Commercial Real Estate BRENT MILLER, CCIM, CPM brent.miller@svn.com 410.749.7600 7.56% 242,835
  24. 24. www.svn.com PAGE | November 16th-22nd, 2020 EVENTS & WEBINARS MONDAY NOVEMBER 16 Office Council Meeting 11:00am PT | 2:00pm ET TUESDAY November 17 Managing Directors Leadership Conference (Virtual) 8:30am PT | 11:30am ET WEDNESDAY November 18 Healthcare Council Meeting 9:00am PT | 12:00pm ET THURSDAY November 19 SFR Product Council Meeting 8:30am PT | 11:30am ET
  25. 25. www.svn.com PAGE | 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. DISCLAIMER 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. Thank You For Joining Us!

×