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Economic
Updates
Provided by
○ Commercial real estate prices climbed by 18.5% year-
over-year through June, according to the latest data
from MSCI RCA’s All-Property index. The index rose
by 1.3% month-over-month.
○ June’s pace is on par with growth rates seen in
recent months and is a tad under the record 19.5%
growth registered earlier this year.
○ Industrial outpaced all other property types in
quarterly and annual growth rates, climbing by 4.8%
and 26.9%, respectively. June marked the ninth
consecutive month of above-20% year-over-year
growth for the sector.
○ Apartment followed close behind, with a 23.7% year-
over-year rise in the index. Prices in the Apartment
sector rose 1.6% from May to June—the highest
monthly increase among the sub-indices.
○ Annual growth in the Retail sector was little changed,
with an 18.8% climb— just 110 bps below its record
high, which was reached earlier this year.
MSCI RCA Commercial Property Price Index
5. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Undisclosed
110,000 SF
$34
SELF STORAGE | 1085 W PIPKIN RD | LAKELAND, FL
○ Certificate of occupancy sale for storage property in Lakeland, FL
○ Two single-story climate-controlled buildings: 75,250 gross SF, 606 units
○ One traditional storage building: 15,000 SF, 61 units
○ One covered RV parking area: 18,000 SF, 31 spaces
○ A 900 SF free standard office building
○ From listing to close (4 Months) property was already 40% leased
SVN | Commercial
Realty
NICK MALAGISI, SIOR
nick.malagisi@svn.com
716.633.9601
SVN | Hardisty Commercial
Realty
HANS HARDISTY, MBA, CCIM
hans.hardisty@svn.com
914.489.7909
SVN | Saunders Ralston
Dantzler
DAVID HUNGERFORD, CCIM
david.hungerford@svn.com
863.660.3138
GARY RALSTON, CCIM, SIOR, CPM,
CRE, CRRP, FRICS
gary.ralston@svn.com
863.738.2246
SVN | Commercial
Advisory Group
MARY O’MALLEY
mary.omalley@svn.com
941.960.6342
6. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$1,018,000
8,320 SF
$122
RETAIL | 6704 S M-221 | BRIMLEY, MI
○ Reinvestment in private equity
○ Public REIT purchased
○ 7 year net leased
7.27%
DAVID DE MAAGD, CPA,
MBA
david.demaagd@svn.com
616.399.3955
SVN | Investment
Property Advisors
7. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
$1,250,000
10,300 SF
$121
OFFICE | 2833 N 3RD STREET | PHOENIX, AZ
○ Freestanding office
○ Sold at full asking price
○ Adaptive reuse project to multifamily
○ Strong midtown trade area
JUSTIN HORWITZ
justin.horwitz@svn.com
425.480.5518
JONATHAN LEVY
jonathan.levy@svn.com
480.425.5538
PAUL BORGESON
paul.borgeson@svn.com
480.425.5516
SVN | Desert
Commercial
Advisors
8. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/Acre
$1,450,000
1.91 acres
$759,162
LAND | 2020 TOWER ROAD | AURORA, CO
○ Industrial property with fenced yard
○ Corner lot with frontage on Tower Road
○ Almost 2 acre site
SVN | Denver
Commercial
JEFF HEINE
jeff.heine@svn.com
303.803.3803
BILL REILLY
bill.reilly@svn.com
970.566.3481
9. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$2,141,702
12,720 SF
$168
OFFICE | 1218 W ASH ST | WINDSOR, CO
○ Broker leased property for 8+ years
○ Sold to one of the long-term tenants
○ Seller trading into another property for ease of management
○ 6,360 main level SF (3 tenants) and 6,360 basement SF (6 tenants)
COBEY WESS
cobey.wess@svn.com
970.691.1140
SVN | Denver
Commercial
6%
10. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
$2,200,000
13,203 SF
$167
RETAIL | 2514 UNIVERSITY DRIVE | DURHAM, NC
○ Two buildings including a multi-tenant retail/office building and free-standing
restaurant building
○ Formerly home to a very successful fine dining establishment
○ Purchased by local serial restaurateur
○ Multiple tenants but with no leases, limited information on the property, a history
of damaging floods (now resolved) and an SBA loan made this a quick 367 day
contract-to-close period
CAREY GREENE
carey.greene@svn.com
919.287.2135
GARY KRAMLING
gary.kramling@svn.com
919.287.2136
SVN | Real Estate
Associates
11. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
No. of Units
Price/Unit
Cap
$2,250,000
14 units
$160,714
MULTIFAMILY | COUNTRY MANOR - 16801 N 26TH ST | PHOENIX, AZ
○ 20 years of continuous ownership
○ Northeast Phoenix location
○ Mixture of 1 & 2 bedrooms
○ No unit renovations, true value add
○ 1031X replacement property
○ Buyer plans light interior upgrades
DANNY LEE
danny.lee@svn.com
480.425.5522
SVN | Desert
Commercial
Advisors
3.05%
12. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
MIKE PRIOLO
mike.priolo@svn.com
408.439.8875
SVN | Capital
West Partners
$2,770,000
5,600 SF
$495
RETAIL | 3275-3317 COACH LANE | CAMERON PARK, CA
○ 100% leased multi-tenant retail asset
○ Scheduled rent increases
○ Net leases to strong mix of “Amazon-proof “ retailers
○ Highway visibility with strong demographics
5.75%
13. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
JUSTIN RYDER, CCIM
justin.ryder@svn.com
859.447.3285
SVN | Stone
Commercial Real
Estate
$3,400,000
100,000 SF
$34
INDUSTRIAL | 510 HENRY CLAY BLVD | LEXINGTON, KY
○ A two-year process of marketing the property for lease and pivoting to sale
culminated in a complex transaction that turned out to be a win/win for the
seller and buyer
○ Negotiated a short term leaseback with the current tenants
○ We look forward to seeing what a world class real estate team can accomplish on
6 contagious acres inside of New Circle Road, a prime spot for future
development in Lexington, KY
14. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$4,100,000
34,800 SF
$118
INDUSTRIAL | 3801 BLUE RIDGE DR SW | ROANOKE, VA
○ 34,800 SF industrial office fixturing showroom and warehouse on 9.69 acres for
expansion
○ Worked out a 10 year lease with 3% annual escalations
○ $300,000 was held in escrow for future deferred maintenance
6.8%
SVN | Commercial
Specialists
JIM GUISEWHITE
jim.guisewhite@svn.com
540.535.0808
15. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$7,350,000
28,500 SF
$258
OFFICE | 5101 NE 82ND AVENUE | VANCOUVER, WA
○ 28,500 SF office building
○ 100% occupied
○ Management contract with new owners
SVN | Bluestone
CLIFFORD HOCKLEY
cliff.hockley@svn.com
503.459.4359
JIM WIERSON II
jim.wierson@svn.com
503.459.4376
OLESYA PROKHOROVA
olesya.prokhorova@svn.com
503.459.4347
7.03%
16. 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. © 2022 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$19,250,000
114,435 SF
$168
OFFICE | ONE EXECUTIVE CENTER, 8500 MENAUL BLVD NE | ALBUQUERQUE, NM
○ Kelly and Walt were and still are the leasing agents for the property since Dec. of
2017 and received an unsolicited offer from an out of state investor.
○ Kelly and Walt's relationship with the landlord through the success of leasing the
property allowed SVN | WACB, Inc. to have the trust with the owner to sell the
property
SVN | Walt Arnold
Commercial
Brokerage, Inc.
WALT ARNOLD, CCIM
walt.arnold@svn.com
505.269.9358
KELLY SCHMIDT
kelly.schmidt@svn.com
505.417.1214
6.5%
19. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
INDUSTRIAL | 2525 NEW LENOX RD | JOLIET, IL
Subject to Offer
2.5%
16,100 SF
3.29 acres
○ Rare I-80 frontage industrial opportunity
○ Billboard included with >67,900 VPD exposure
○ Fenced yard with I-2 zoning
○ Low unincorporated Will County taxes ($16,285 in 2021)
SVN | Chicago
Commercial
KAREN KULCZYCKI
kkulczycki@svn.com
312.602.5346
20. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
INDUSTRIAL | 301 E ST CHARLES RD | CAROL STREAM, IL
$1,350,000
$40,500
8,600 SF
○ 1 acre secure lot Ideal for vehicle and material storage
○ 2,600 SF office with heated shop and vehicle lift
6,000 SF and 1,875 SF covered parking/storage buildings
○ Drive thru access on both ends of the property
○ Industrial zoning
SVN | Chicago
Commercial
DAVID COUPE
david.coupe@svn.com
312.789.4866
$157
21. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
Cap
$1,650,000
$41,250
4.93 acres
○ New mixed use project to be developed in front of this site
○ Almost 5 acres of gently rolling topography for ease of development
○ Current property site allows to remove Warehouse building and develop the
project in phases
○ $100,000 in income, while planning the redevelopment
6.1%
SVN | Commercial
Specialists
JIM GUISEWHITE
jim.guisewhite@svn.com
540.535.0808
LAND | 754-758 SOUTH MAIN ST | WOODSTOCK, VA
$334,686
22. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
$2,100,000
$63,000
38 acres
○ Existing self storage buildings
○ Potential for 60 unit residential development
○ 250' of commercial frontage on State Route 60
○ Wetlands assessment, phase 1, and self storage feasibility study available
$55,263
SVN | Summit
Commercial Real
Estate Advisors
MAX STRAUS
max.straus@svn.com
330.807.9854
LAND | 1620 STATE ROAD | VERMILLION, OH
23. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
$2,400,000
$60,000
4.3 acres
○ Minimal competition within a 3 mile radius
○ Less than 3 miles from major retailers such as Publix and Walmart Super Center
○ Traffic count 12,500 cars/day
○ Average household income within 3 miles is $87,000
○ The population within 5 miles is 71,000 people
○ Site will be delivered fully entitled but not permitted
○ Self storage development opportunity
$558,140
LAND | 25335 RAMPART BLVD | PUNTA GORDA, FL
SVN | Commercial
Realty
NICK MALAGISI
nick.malagisi@svn.com
716.633.9601
SVN | Hardisty
Commercial Realty
HANS HARDISTY
hans.hardisty@svn.com
914.489.7909
SVN | Commercial
Advisory Group
MARY O’MALLEY
mary.omalley@svn.com
941.960.6342
24. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
No. of Units
Price/Unit
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,759,000
$20,693
32 units
○ Visit www.SFRhub.com and search for portfolio 101152 for more information
○ Portfolio is professionally managed by 3 different local property management firms
○ 100% leased to fully vetted tenants
○ There are four Section 8 tenants in the portfolio
○ Average monthly rental rate of $848
○ Rents are 27% below current market rents
○ Year 1 Stabilized cap rate of 9.94%
SVN | SFRhub
Advisors
TOM JOHNSTON
tom.johnston@svn.com
602.825.1780
TIM ORSCHELN
tim.orscheln@svn.com
480.291.4330
$86,219
6.17%
SFR PORTFOLIO | 32 HOME SFR INVESTMENT PORTFOLIO | DETROIT, MI
SVN | Stewart
Commercial Group,
LLC
DAN STEWART
dan.stewart@svn.com
734.662.5097
25. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
No. of Units
Price/Unit
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$3,500,000
$52,500
9 units
○ Visit www.SFRhub.com and search for portfolio 101148 for more information
○ All homes are single-family detached
○ Asset mix consists of two 3 bedroom, six 4 bedroom and one 5 bedroom
○ Average home size of 2,043 square feet
○ Average lot size of 23,861
○ Average vintage of 1983
SVN | SFRhub
Advisors
TIM ORSCHELN
tim.orscheln@svn.com
480.291.4330
TOM JOHNSTON
tom.johnston@svn.com
602.825.1780
$388,889
5.84%
SFR PORTFOLIO | 9 HOME SFR INVESTMENT PORTFOLIO | KNOXVILLE | CHATTANOOGA, TN
SVN | The Genesis
Group
CARNELL SCRUGGS
carnell.scruggs@svn.com
615.294.7405
26. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
$2,770,000
$83,100
4.24 acres
○ Zoned CO/MU-III
○ Parcel has all city utilities
○ Best commercial land on the market
○ Close to I-5
○ Surrounded by professional offices
$653,302
LAND | 2200 KUEBLER BLVD | SALEM, OR
SVN | Commercial
Advisors, LLC
CURT ARTHUR, SIOR
curt.arthur@svn.com
503.588.0400
NICK WILLIAMS
nick.williams@svn.com
503.588.0400
27. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
$4,256,775
$127,703
18,919 SF
○ 7 year sale leaseback
○ Offering NNN lease structure
○ Three percent (3%) annual increases
○ Well established executive office/virtual office operator
○ In operation since 2006
$225
SVN | Desert
Commercial
Advisors
JUSTIN HORWITZ
justin.horwitz@svn.com
480.425.5518
RICHARD LEWIS
richard.lewis@svn.com
480.425.5536
PAUL BORGESEN
paul.borgesen@svn.com
480.425.5516
6%
OFFICE | BILTMORE OFFICE PLAZA - 2942 N 24TH ST | PHOENIX, AZ
28. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
Cap
$4,812,000
$96,240
27,004 SF
○ Strong regional restaurant
○ NNN leases with no landlord responsibilities
○ 10 year lease with 1.5% annual increases (four 5 year options to renew)
○ Well constructed assets in prime locations
5.9%
SVN | Trinity
Advisors
JAMES BLAKE, CCIM
james.blake@svn.com
817.288.5508
RESTAURANT | 5728 BOAT CLUB RD | FORT WORTH, TX
$178
29. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
LAND | HWY 242 & OLD HOUSTON RD | CONROE, TX
$6,100,000
$183,000
108 acres
○ Zoned for Conroe ISD, a highly rated school district
○ The property lies fully within the Opportunity Zone
○ TX-99 can be accessed via FM 1314 or FM 1485 or a convenient commute in all
directions
○ State Highway 242 is a highly trafficked corridor interconnecting I-45 and I-69
○ Portions of the property along Dry Creek are considered by FEMA to be in the
floodplain
SVN | J Beard Real
Estate Company of
Greater Houston
BRIGHAM HEDGES
brigham.hedges@svn.com
926.522.6972
$56,481
30. 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. © 2022 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
INDUSTRIAL | 82 BRIDGE AVENUE | WARREN, MA
$10,500,000
$157,500
+/- 147,000 SF
+/- 40 acres
○ Seven industrial buildings totaling 147,000 SF on 40 acres
○ Sale leaseback opportunity with the seller, Circor International, Inc. is publicly
traded NSYE(CIR), seller to maintain property as if they own it
○ Seller would execute 10 year lease upon closing at $5 NNN with 3% annual
increases
○ Mission critical facility
○ Situated between Springfield and Worcester
SVN | Parsons
Commercial Group
ALEX BERGER
alex.berger@svn.com
508.271.9205
MATT QUINLAN
matthew.quinlan@svn.com
508.271.9208
RYAN PARSONS
rparsons@svn.com
508.271.9234
MIGUEL ENCARNACION
miguel.encarnacion@svn.com
508.271.9210
$71
7%
33. 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.