HEALTHCARE REAL ESTATE CASE STUDY
|
|
- Nathaniel Turner
- 5 years ago
- Views:
Transcription
1 1 LINCOLN HARRIS CSG GROUP 6 Off-Market MOB Acquisitions: DFW Market S T R AT E G Y S T R AT E G Y- I N - A C T I O N Acquire off-market MOB investments The strategy was to leverage Lincoln Harris relationships and offer creative acquisition solutions to prospective sellers. A large healthcare REIT engaged the Lincoln Harris CSG Healthcare Group to help them identify and acquire quality MOBs in N. Texas on an off-market basis DY N A M I C S R E S U LT S The Lincoln Harris Healthcare team sourced 5 off-market acquisitions and 1 off-market build to suit for the REIT between 2014 and 2016 The MOB acquisition market in the time-frame was very competitive. Off-market acquisition opportunities were very hard to find. Class A Medical Office Buildings (MOBs) Dallas/Ft Worth Metroplex 6 MOBs totaling 333,450 RSF Multiple closings Occupancy Average occupancy >95% Acquisition Price $96,683,845 5 cap and 6.25% cap
2 LINCOLN HARRIS CSG GROUP 2 MOB Management & Leasing: Ft Worth, TX Reposition, rebrand and create value Lincoln Harris CSG was engaged by an investor group to increase value of an under-performing Class C MOB. Although under-performing, the off-campus MOB is strategically located in the vibrant Ft Worth medical district. The LH team led the effort to: (1) upgrade the building with a common area retrofit, (2) re-tenant the property with higher quality tenants, (3) elevate the quality of property management, (4) enhance the tenant experience and (5) reduce operating expenses. RESULTS Reduce operating expenses every year since 12 (including 7% reduction in 17) Increased occupancy from< 50% to 90% 100% retention of desired tenants Dramatic increase in tenant satisfaction Increased rent rates by 37% 2016 Class B MOB, off-campus (client owned) Ft Worth, TX 89,990 RSF Increased occupancy, enhanced management, re-branded building,improved tenant satisfaction, increased rental rates
3 LINCOLN HARRIS CSG GROUP 4 Portfolio Transaction Management: 50 States stabilize the portfolio and deliver prescribed Over deliver client s expectations proceeds. HealthSouth was one of the largest healthcare providers in the US with a portfolio of healthcare properties Alvarez & Marsal was hired by the HealthSouth board to restructure the company and avoid bankruptcy. A&M hired Lincoln Harris CSG to provide real estate services for the 50-state portfolio Execute an aggressive, time-sensitive optimization plan to reduce occupancy cost, RESULTS The Lincoln Harris Team achieved 100% of the client s goals including: Sold 17 surplus assets in 7 months generating $20 million in gains Completed 137 buyouts w/ avg savings of 63% Completed 42 downsizes / relocations resulting in 39% reduction in space Restructured SOX compliance / lease administration platform w/ 10% cost reduction $6.1 million reduction in annual occupancy costs MOBs and Post acute care facilities All 50 states properties Achieved 100% of client s real estate objectives relating to the corporate re-structure (exceeding goals in each category)
4 5 LINCOLN HARRIS CSG GROUP Hospital Disposition, San Antonio TX S T R AT E G Y S T R AT E G Y- I N - A C T I O N Create buyer demand for vacant hospital campus. LH worked with VMG and the original developer to create an operational business model to attract the interest of system operators. Texas Capital Bank acquired the Forest Park Medical Center via foreclosure. After unsuccessful attempts to sell the property, TCB hired Lincoln Harris CSG to assist with the disposition R E S U LT S The Lincoln Harris Healthcare team sold the property for the Seller s asking price to Methodist Healthcare System. DY N A M I C S Forest Park Medical Center is a trophy quality specialty hospital and MOB. A lack of demand for the property resulted in it being vacant for over 2 years. Class A+ Specialty Hospital and MOB San Antonio, TX Hospital: 154,000 SF, MOB: 80,000 SF Closing Q3 18 Occupancy Hospital 0%, MOB 6% Original cost of Project: >$95,000,000 Sales Price: Undisclosed
5 LINCOLN HARRIS CSG GROUP 7 Portfolio transition: Property Management / Accounting Leverage best practices to integrate PM and LH mobilized a dedicated and experienced Accounting services team to execute a plan to address the client s challenges and objectives. Lincoln Harris CSG was hired by a large regional RESULTS healthcare system to take over management and The Lincoln Harris Team achieved the following: accounting for a 1,675,043 sf MOB portfolio Completed the accounting and operational transition in < 90 days. Similar transitions with other providers had taken 3 to 5 years. The client was not satisfied with the services Successfully addressed management and being performed on approximately 50% of its accounting issues that had not previously MOB portfolio. Accounting services were of been addressed by other service providers particular concern. Shifted from transition phase to operational phase to value-add phase in less than 4 months. MOBs Texas 18 properties, 1,675,043 sf 2018 (present) Exceeded client expectations with respect to portfolio on-boarding and value-add services
6 LINCOLN HARRIS CSG GROUP 8 Portfolio Accounting Leverage best practices developed by the Lincoln Harris CSG Accounting group. LH leveraged the expertise of it s dedicated healthcare accounting team. Lincoln Harris CSG was hired by a national REIT to take over accounting only services for a portfolio of 33 MOBs. The client was implementing new policy and system requirements that other service providers were unable to satisfactorily adopt. RESULTS The Lincoln Harris Team achieved the following: LH was the first of multiple service providers to successfully adopt the clients new accounting policies / systems and fully automate the new CAM module Swift and timely portfolio transition. MOBs Arizona, Washington, California, Texas 33 properties, 2,187,889 sf present Exceeded client expectations with respect to portfolio on-boarding and value-add services.
7 9 LINCOLN HARRIS CSG GROUP MOB Leasing S T R AT E G Y S T R AT E G Y- I N - A C T I O N Increase Occupancy & Maximize Revenue Lincoln Harris engaged a local broker and implemented the LH business first marketing strategy to maximize occupancy and long term tenant stability. Lincoln Harris CSG was engaged by a national REIT to lease an off-campus 45,121 square foot problem MOB. R E S U LT S Occupancy increase from 42% to 86% DY N A M I C S Increased rental rates 30% National REIT acquired a 42% occupied, multitenant medical office building. The building had been stigmatized in the market due to poor management with adjacent Hospital tenant move outs. Executing strategic management and leasing plans resulted Hospital users and 3rd party tenants returning to the building. Stabilized asset with long term credit tenants Pending lease will render 100% occupancy Class B MOB (client owned) Oklahoma City, OK 45,121 square feet 2011 present Occupancy increase from 42% to 86% Increased rental rates 30% Stabilized asset with long term credit tenants Lease out for execution brings building to 100% occupancy
8 10 LINCOLN HARRIS CSG GROUP MOB Leasing S T R AT E G Y Increase Occupancy & Maximize Revenue out for signature that would bring the building to 97% occupied. Lincoln Harris CSG was engaged by a national REIT to lease an on-campus 99,768 square foot Medical Office Building. S T R AT E G Y- I N - A C T I O N Lincoln Harris implemented its business first marketing strategy to maximize occupancy and long term tenant stability. DY N A M I C S National Owner acquired an 88% occupied, multitenant medical office building on the campus of a local physician owned orthopedic hospital. Lincoln Harris CSG assisted with the acquisition of the hospital operations by a name brand hospital system and subsequent long-term renewal of multiple leases in the MOB. An additional, 16,225 square feet of expiring leases were backfilled with new tenants resulting in a current occupancy of 94% with leases R E S U LT S Kept occupancy and rental rates stable through significant tenant roll over. Increased overall occupancy from 72% (including anticipated move-outs) to 94% Increased rental rates from $19.00 to $22.00 per square foot. Assisted in conversation from a physician owned hospital to a brand hospital system owned hospital. Class A MOB (client owned) Bellaire (Houston), TX 99,768 square feet 2015 present Kept occupancy and rental rates stable through significant tenant roll over. Increased occupancy from 72% (effective) to 94% Increased rental rates from $19.00 to $22.00 per square foot. Assisted in conversation from physician owned to name brand hospital system owned attached hospital.
9 LINCOLN HARRIS CSG GROUP 13 Facilities Management: Government Outpatient Clinic Implement best management practices to dramatically reduce OPEX and meet government maintenance standards LH mobilized a dedicated and experienced team to execute a plan to address the client s challenges and objectives. Lincoln Harris CSG was hired by new ownership firm to improve management of newlyconstructed government facilities, while meeting accreditation standards. The client was not satisfied with the cost of the contracted maintenance services and was looking for partner to improve facility and reduce contractor operating costs. Additionally, the facility needed to meet government standards for outpatient facilities. RESULTS The Lincoln Harris Team achieved the following Improved facility operations for 1500 visitors / day Successfully remedied faulty flooring installation for 275,000 sf Reduced operating expenses by $100,000 per year Met and exceeded all government required maintenance standards for outpatient accreditation Government Outpatient Clinic Austin, Texas 1 property, 275,000 sf Reduced operating expenses by $100,000 per year
10 LINCOLN HARRIS CSG GROUP 15 MOB Management & Leasing: Las Vegas, NV Manage and Lease property. Lincoln Harris CSG was engaged by owner to increase value of an under-performing Class B MOB. Although under-performing, the on-campus MOB is strategically located on Hospital Campus and connected to the Hospital via a climate controlled corridor. The LH team led the effort to: (1) upgrade the building with a common area retrofit, (2) re-tenant the property with higher long term quality tenants, (3) elevate the quality of property management and (4) enhance the tenant experience by the addition of an exterior courtyard, Subway and Walgreens retailers. RESULTS Increased occupancy from< 50% to 93% 100% retention of desired tenants Dramatic increase in tenant satisfaction as reflected in Tenant Surveys Generous TI Allowances Class B MOB, on-campus (client owned) Las Vegas, NV 199,421 RSF Increased occupancy, enhanced management, improved tenant satisfaction, increased rental rates
Healthcare Advisory Practice: Capital Markets
Healthcare Advisory Practice: Capital Markets Integrated, Strategic Real Estate Solutions 1 Why Physicians are Pursuing Sales of ASCs or MOBs HINDRANCE TO RECRUITING NEW PHYSICIANS Real estate ownership
More informationMultifamily Real Estate Investments
Multifamily Real Estate Investments BritLin Investments is a Los Angeles based private multifamily investment firm that co-owns and manages properties nationwide. As a property fund asset manager and manager
More informationTEXOMA MEDICAL PLAZA - PHASE II 5012 SOUTH U.S. HWY 75 DENISON, TX
5012 SOUTH U.S. HWY 75 DENISON, TX On the campus of Texoma Medical Center RENDERINGS LOCATION ON THE CAMPUS OF TEXOMA MEDICAL CENTER Texoma Medical Center ( TMC ) is an acute care hospital offering major
More informationLIGHTSTONE VALUE PLUS REIT V Investor Presentation. June 21, 2018
LIGHTSTONE VALUE PLUS REIT V Investor Presentation June 21, 2018 1 2 Dial-in Information To listen to today s call: +1 (914) 614-3221 Participant PIN Code: 476-364-176 3 Forward-Looking Statements This
More informationMidstate Office Park
For more information contact: Managing Director ejordan@northeastpcg.com Drew Kirkland Licensed Associate (857) 990-6802 dkirkland@northeastpcg.com Francis Saenz Investment Associate (857) 990-6803 fsaenz@northeastpcg.com
More informationThe Silver Building. 519 Campbell Avenue West Haven, CT 06516
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager 203-307-1574 bballetto@northeastpcg.com Rich Edwards Licensed Associate (203) 307-1577 redwards@northeastpcg.com
More information1776 Woodstead Court, Suite 218 The Woodlands, TX cypressbrook.com
Providing Exceptional Service Through Speed, Skill, and Stewardship 1776 Woodstead Court, Suite 218 The Woodlands, TX 77380 281.364.1777 cypressbrook.com THE COMPANY Cypressbrook Company is a real estate
More informationIN THE. (512) or (512) (404)
IN THE Local Contact: National Contacts: Andrew Shih or Todd Fletcher Amy Morris or Lisa Robinson ARA Manufactured Housing ARA National (512) 637-1219 or (512) 637-1236 (404) 495-7300 ashih@arausa.com
More informationTransit-Oriented Development Specialized Real Estate Services
COLLIERS INTERNATIONAL Transit-Oriented Development Specialized Real Estate Services Accelerating success. Colliers International transit-oriented development GROUP P. 1 2 transit-oriented development
More informationVillage Street Multifamily
For more information contact: Managing Director ejordan@northeastpcg.com Drew Kirkland Senior Associate (857) 990-6802 dkirkland@northeastpcg.com Francis Saenz Licensed Associate (857) 990-6803 fsaenz@northeastpcg.com
More informationTHE REVIEW BETTER RESEARCH. Better Technology Better Marketing. Better Education Better Support
THE REVIEW Better Technology Better Marketing BETTER RESEARCH Better Education Better Support TABLE OF CONTENTS 2 Residential Investment Research 3 Better Technology 5 Residential Resale Overview 6 Corporate
More informationMAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT
AT A SAN DIEGO OFFICE MARKET REPORT FOURTH QUARTER 215 AT A NEW SUPPLY PUSHES VACANCY RATES HIGHER San Diego s regional economy has been buzzing and added a net total of 37,8 jobs in the 12 months ending
More informationBAYLOR SURGICARE ANCHORED MEDICAL OFFICE IN THE BOOMING DALLAS MARKET BUILT IN % LEASED
COIT DALLAS, TEXAS BAYLOR SURGICARE ANCHORED MEDICAL OFFICE IN THE BOOMING DALLAS MARKET BUILT IN 2009 100% LEASED Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp a Texas licensed
More informationAbout Fredricks Commercial West Loop South Houston, TX Presented by: Peter Meyer
About Fredricks Commercial 1535 West Loop South Houston, TX 77027 Presented by: Peter Meyer FREDRICKS COMMERCIAL Real Estate Services SUBJECT PROPERTY 1535 West Loop South, Ste 250, Houston, TX 77027 CLIENT
More informationInvestor Presentation 2007
Investor Presentation 2007 1 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements reflect management s current
More informationOFFICE FOR LEASE WARM SPRINGS. presented by: RYAN MARTIN, SIOR, CCIM Vice President
OFFICE FOR LEASE presented by: RYAN MARTIN, SIOR, CCIM Vice President 702.954.4111 rmartin@logiccre.com TEDDIE HICKEY Senior Associate 702.954.4112 teddieh@logiccre.com MARC MAGLIARDITI, CCIM Vice President
More informationNorth Orange County Rare NNN-Leased Commercial Mixed-Use Investment Opportunity
100% Leased Investment Two Buildings ±31,369 Total SF North Orange County Rare NNN-Leased Commercial Mixed-Use Investment Opportunity FEBRUARY 2018 EXECUTIVE SUMMARY SITE PLAN OFFERING SUMMARY OFFERING
More informationRESIDENTIAL REVIEW. Better Technology Better Marketing BETTER RESEARCH Better Education Better Support
RESIDENTIAL REVIEW Better Technology Better Marketing BETTER RESEARCH Better Education Better Support TABLE OF CONTENTS 3 Residential Resale Overview 4 Residential Investment Research 5 Better Technology
More informationExit Strategies for a Medical Practice
Exit Strategies for a Medical Practice John D. Colucci, Esq., CPA McLane Middleton, PA Jonathan P. Gorski, CPA, MBA Edelstein & Company LLP June 12, 2018 Introduction John D. Colucci, a director at McLane
More informationCASE STUDIES 3Q.2016 Value-Add Investments and Strategic Opportunities
CASE STUDIES 3Q.2016 Value-Add Investments and Strategic Opportunities 1 LEADERSHIP TEAM & OUTLOOK Equity Investments and Strategic Opportunities Adam Greenberg, CCIM 305.710.6741 AGreenberg@ngkf.com Michael
More informationCVS. 6 Unit Zero Cash Flow Portfolio. Representative Photo. Offering Memorandum 1
Mesquite, Texas Wyoming, Michigan 6 Unit Zero Cash Flow Portfolio Offering Memorandum 1 Representative Photo Exclusively Listed By BILL PEDERSEN National Drug Store Specialist bill.pedersen@matthews.com
More informationDIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE
DIALYSIS AND MEDICAL OFFICE BUILDING FOR SALE 3100 N STANTON EL PASO, TX 79902 Laura Salome, CCIM Managing Director 915.544.6208 laurasalome@svn.com SVN FORTUNE REAL ESTATE 214 W. FRANKLIN AVE, EL PASO,
More informationPARKMONT HOUSING AND REDEVELOPMENT LLC
PARKMONT HOUSING AND REDEVELOPMENT LLC Multifamily Housing Mixed-Use Residential-Retail-Professional City Neighborhoods Metro Town Centers Transit Villages New York New Jersey Presentation For General
More informationFOR SALE MEDICAL OFFICE BUILDINGS 2440 N. JOSEY LN. CARROLLTON, TX 75006
FOR SALE MEDICAL OFFICE BUILDINGS 2440 N. JOSEY LN. CARROLLTON, TX 75006 1 TABLE OF CONTENT Property Details 3 Property Photos 8 Location Information 10 Financial Summary 14 Tenant Profiles 18 Demographic
More information15953 N Florida Avenue, Lutz, FL 33549
PRIME NNN MEDICAL INVESTMENT/LAKE MAGDALENE AREA! OFFERING SUMMARY Sale Price: $499,000 Cap Rate: 9.73% NOI: 48,564 Available SF: 100% occupancy Lot Size: 0.06 Acres Year Built: 2005 Building Size: 2,480
More informationWE MAKE YOUR HEALTHCARE REAL ESTATE WORK FOR YOU COMMON TRANSACTIONAL COMPLIANCE PITFALLS INVOLVING HEALTHCARE REAL ESTATE
WE MAKE YOUR HEALTHCARE REAL ESTATE WORK FOR YOU COMMON TRANSACTIONAL COMPLIANCE PITFALLS INVOLVING HEALTHCARE REAL ESTATE Common Transactional Compliance Pitfalls Involving Healthcare Real Estate Table
More informationExecutive of the Month: Mavros, CFO of Case Real Estate Capital; Knows the numbers and deals inside and out
Executive of the Month: Mavros, CFO of Case Real Estate Capital; Knows the numbers and deals inside and out December 05, 2017 - Owners Developers & Managers Chris Mavros, Case Real Estate Capital Rochelle
More informationThrough multiple real estate cycles and in diverse physical settings, CUSA, LLC has helped
E X P E RT I S E E X P E R I E N C E P R O V E N R E S U LT S U n iq u e P r op e rt i e s. U n iq u e D e m a n d s. Proven Experience Secure, Stabilize, Maximize Since inception, CUSA has consistently
More informationTHE RETAIL CONNECTION HISTORY THE RETAIL CONNECTION MANAGEMENT SERVICES
THE RETAIL CONNECTION HISTORY THE RETAIL CONNECTION MANAGEMENT SERVICES Connected Management Services The number one objective of Connected Management Services, a wholly owned division of The Retail Connection,
More informationGrove Street Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Mallory Chila Licensed Associate 203-307-2578 mchila@northeastpcg.com
More informationPROPERTY management. Case Studies
PROPERTY management Case Studies SIERRA REAL ESTATE CASE STUDIES REINVIGORATING 648 BROADWAY Property 648 Broadway Commercial building 50,000 SF 10 floors Owner-managed for over 25 years Sierra Real Estate
More informationLANDMARK MEDICAL OFFICE PORTFOLIO
HUDSON, NEW YORK CORNWALL, NEW YORK BURIEN, WASHINGTON COLUMBIA MEDICAL OFFICE BUILDING Hudson, New York CORNWALL MEDICAL OFFICE BUILDING Cornwall, New York HIGHLINE MEDICAL PAVILION Burien, Washington
More informationCHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP
CHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP SECOND QUARTER NEWSLETTER 216 HOT TOPICS Capital markets remain a focus with 14 assets either under contract or sold totaling $2.6 billion, which includes
More informationNORTH PARK CORPORATE CENTER
PHASE II / SAN ANTONIO, TEXAS INVESTMENT SUMMARY THE OFFERING HFF is pleased to offer the opportunity to purchase North Park Corporate Center Phase II (the Property ), a high-quality project consisting
More informationOFFERING MEMORANDUM. AN OFFICE CONDOMINIUM INVESTMENT OPPORTUNITY
SEAN STUTZMAN ARI SPIRO PRINCIPAL PRESIDENT 480.634.8194 480.634.8596 AN OFFICE CONDOMINIUM INVESTMENT OPPORTUNITY LABCORPNNN NNN INVESTMENT INVESTMENT LABCORP IRONWOOD OFFICE SUITES - 9465 EAST IRONWOOD
More informationOCCUPIER SERVICES TEAM A SINGLE SOURCE FOR WORLD-CLASS REAL ESTATE OUTCOMES
OCCUPIER SERVICES TEAM A SINGLE SOURCE FOR WORLD-CLASS REAL ESTATE OUTCOMES CBRE S PLATFORM LEADING GLOBAL BRAND AND LEADERSHIP WITH ROBUST CAPABILITIES 2 SPACE DISPOSITION (SALE) SPACE DISPOSITION (SUBLEASE)
More informationFOR SALE ±5,223 RENTABLE SQUARE FOOT LEASED INVESTMENT HAVEN POINTE 9220 HAVEN AVENUE RANCHO CUCAMONGA, CA
FOR SALE ±5,223 RENTABLE SQUARE FOOT LEASED INVESTMENT HAVEN POINTE 9220 HAVEN AVENUE RANCHO CUCAMONGA, CA CBRE s Inland Empire Office Group is pleased to offer a fully leased professional/medical office
More informationEmbracing Change, Keeping an Edge
Embracing Change, Keeping an Edge Real estate investment firm continues to thrive after nearly three decades Corporate Office at Browning Place Mercer Crossing Transcontinental Realty Investors While it
More informationBlakeslee Street Townhomes
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Taylor Perun Senior Associate (203) 307-1576 tperun@northeastpcg.com
More informationAce/Cooks - Mansfield, TX
, Two tenant net-leased building (Dallas/Fort Worth, TX MSA) Extremely desirable income demographics Strong Regional Credit Tenants 8.5% current cap rate (with bumps) Priced at $3,300,000 Managing Director
More informationAmericas Office Trends Report
AMERICAS OFFICE TRENDS REPORT Americas Office Trends Report Summary The overall national office market recovery slowed slightly in the first quarter of 2016 amid financial market volatility. However, as
More informationRedevelopment Opportunity Former Kmart with Income
SALE PRICE: $1,195,000 ($29.64/SF) Building Size: +/- 40,327 SF Property Size: 4.15 Acres Store Closing 04-08-2018 Lease Type: Absolute NNN Lease Term: 4 Years Cap Rate: 10.50% NOI: $125,500 Features:
More informationWelcome to the 9 th Annual Spring Housing Conference
Welcome to the 9 th Annual Spring Housing Conference Session One: The Washington Update 1 Opportunity In Focus: Latest Pronouncements from RAD/FHA Update Session Two: QOZ s Optimizing Opportunities 2 Qualified
More informationTaco Bell Ground Lease Mesquite (Dallas), Texas
SUBJECT PROPERTY Table of Contents Investment Summary Investment Overview Aerial Photo Location Map Competition Map Tenant Profile Presented By: MATT MOAKE, CCIM 713.275.6715 DIRECT mmoake@highstreetnetlease.com
More informationRetail Acquisition Example
Property Information Retail Acquisition Example Project Assumptions Acquisition Assumptions Property Name Retail Acquisition Example Project Type Acquisition Location Austin, TX Acquisition Cost $1,800,000
More informationFOR SALE OR LEASE TENAYA WAY OFFICE BUILDING Tenaya Way, Las Vegas, NV SALE PRICE: $8.5 MM LEASE PRICE: $1.15/SF NNN
FOR SALE OR LEASE SALE PRICE: $8.5 MM LEASE PRICE: $1.15/SF NNN TENAYA WAY OFFICE BUILDING 2724 Tenaya Way, Las Vegas, NV 89128 For more information: Mark J. Musser Partner 702.534.1714 mmusser@naivegas.com
More information151 TECHNOLOGY CENTER
151 TECHNOLOGY CENTER SAN ANTONIO, TEXAS INVESTMENT SUMMARY THE OFFERING As exclusive advisor to Owner, HFF is pleased to present the opportunity to purchase 151 Technology Center (the Property ), a recently
More informationUNIVERSITY DRIVE, COLLEGE STATION
UNIVERSITY DRIVE, COLLEGE STATION 60 acres that redefine Brazos Valley, creating a walkable urban destination where people congregate from across the region to work shop play connect page 3 Reimagine the
More informationMARKETING POSITIONING AND PRICING ANALYSIS WALGREENS SULPHUR, LOUISIANA. Representative Photo
MARKETING POSITIONING AND PRICING ANALYSIS WALGREENS SULPHUR, LOUISIANA Disclaimer Statement. THIS IS NOT AN APPRAISAL: This Real Estate Broker s Opinion of Value is intended for the sole and exclusive
More informationValley View Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager 203-307-1574 bballetto@northeastpcg.com Jeff Wright Licensed Associate (914) 440-0900 jwright@northeastpcg.com
More informationEAST GALBRAITH ROAD OFFICE WAREHOUSE
EAST GALBRAITH ROAD OFFICE WAREHOUSE 4298 EAST GALBRAITH ROAD CINCINNATI, OH 45236 Tryfon Christoforou Senior Advisor 513.490.6881 tryf.christoforou@svn.com Michael Costantini Senior Advisor 513.383.8413
More informationSMITH SYNDICATION by Verity Investments LLC CREATION SMITH SYNDICATION - RADIANTWEALTH C
TION by Verity Investments LLC Jeffrey D. Smith, General Manager Mission Statement: Syndicating projects for repositioning and stabilizing distressed apartments for Radiant Wealth Creation to serve an
More informationProperty Management. The world s largest global commercial real estate platform. Commercial Real Estate Services, Worldwide R
The world s largest global commercial real estate platform Commercial Real Estate Services, Worldwide R 4 20 18 Services NAI Plotkin provides active management and integrated resources to preserve and
More information0,...0 Los Angeles W orld Airports
Date 0,...0 Los Angeles W orld Airports Report to the BOARD OF AIRPORT COMMISSIONERS Meeting Date: owers, Deputy Executive Director May 21, 2013 Reviewed by: Stev CAO Review: Completed Pending. N/A City
More informationGlendale, California - PS Business Parks, Inc. (AMEX: PSB), reported operating results for the fourth quarter and the year ending December 31, 2001.
News Release PS Business Parks, Inc. 701 Western Avenue P.O. Box 25050 Glendale, CA 91221-5050 www.psbusinessparks.com For Release: Immediately Date: January 30, 2002 Contact: Mr. Jack Corrigan (818) 244-8080,
More information2299 West Obispo Avenue, Gilbert, AZ SINGLE TENANT TECH OFFICE INVESTMENT OPPORTUNITY
E X E C U T I V E S U M M A R Y 2299 West Obispo Avenue, Gilbert, AZ SINGLE TENANT TECH OFFICE INVESTMENT OPPORTUNITY 1 0 0 % N N N L E A S E D T O G O D A D D Y. C O M T H R O U G H 2 0 2 7 EXECUTIVE
More informationOFFERING MEMORANDUM. 627 MAGNOLIA AVENUE Long Beach, California. Offering Memorandum 1
OFFERING MEMORANDUM 627 MAGNOLIA AVENUE Long Beach, California Offering Memorandum 1 PROPERTY OVERVIEW Price $3,500,000 ($398.34/SF) Rentable SF 9,300 SF* Assessor SF 8,788 SF* APN 7272-024-115 Price/RSF
More informationRETAIL FOR SALE OR LEASE BUILT-OUT RESTAURANT WITH DRIVE-THRU. presented by: TED BAKER Vice President
RETAIL FOR SALE OR LEASE presented by: TED BAKER Vice President 702.954.4139 baker@logiccre.com DAVID STEELE Associate 702.954.4148 daves@logiccre.com BUILT-OUT RESTAURANT WITH DRIVE-THRU 7204 S. DURANGO
More informationCommercial Real Estate Services
Commercial Real Estate Services Our Mission Our mission is to provide the superior results you expect. Every day, we apply our insight and experience, thinking creatively and strategically to help you
More informationREPORT. DATE ISSUED: December 19, 2014 REPORT NO: HCR Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015
REPORT DATE ISSUED: December 19, 2014 REPORT NO: HCR15-008 ATTENTION: SUBJECT: Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015 COUNCIL DISTRICT: 9 REQUESTED ACTION
More informationReal Estate Services for Corporate Clients. Comcast Headquarters, Philadelphia, PA. Attorney Advertising
Real Estate Services for Corporate Clients Comcast Headquarters, Philadelphia, PA Attorney Advertising National Strength Local Presence Ballard Spahr knows real estate. Whether it s a plant or a pipeline,
More informationCircular Gardens Apartments
For more information contact: Managing Director ejordan@northeastpcg.com Bradley Balletto Regional Manager (203) 307-1574 bballetto@northeastpcg.com Mallory Chila Licensed Associate (203) 307-1578 mchila@northeastpcg.com
More informationSPECIAL PROPERTIES GROUP INDUSTRIAL SERVICES
SPECIAL PROPERTIES GROUP INDUSTRIAL SERVICES CBRE LIMITED INDUSTRIAL SERVICES WWW.CBRE.COM/SPG SPECIAL PROPERTIES GROUP The Special Properties Group provides specialized acquisition, disposition and consulting
More informationFORMER SITUS FOUNDERS FORM NEW COMMERCIAL REAL ESTATE INVESTMENT FIRM
FOR IMMEDIATE RELEASE FOR MORE INFORMATION: Bernard Kaplan Kaplan Public Relations (713) 784-1077 FORMER SITUS FOUNDERS FORM NEW COMMERCIAL REAL ESTATE INVESTMENT FIRM HOUSTON, TX (July 8, 2013) Martin
More informationMULTIPLE CHALLENGES REAL ESTATE APPRAISAL INDUSTRY FACES QUALITY CONTROL. Issues. Solution. By, James Molloy MAI, FRICS, CRE
REAL ESTATE APPRAISAL INDUSTRY FACES MULTIPLE CHALLENGES By, James Molloy MAI, FRICS, CRE QUALITY CONTROL Third-party real estate appraisal firms are production-driven businesses designed to complete assignments
More informationIndustrial. Investment Sales. Midwest Capital Markets
Industrial Investment Sales Midwest Capital Markets Industrial Investment Sales Midwest Capital Markets team Our John Huguenard, SIOR, CCIM International Director +1 312 228 3293 john.huguenard@am.jll.com
More informationBriarwyck 751 lots. Premium Waters, Inc. Traffic Counts 31,673 on SH 170. Traffic Counts 17,580 on US 377 CHRYSLER FINANCIAL SERVICES
Chadwick Farms 782 lots Briarwyck 751 lots Highlands at Trophy Club 1,600 lots Alliance Gateway Current Employment 15,100 Roanoke Trophy Club Blue Cross Blue Shield Data Center 130 employees Summer 2009
More informationREAD KING SERVICES 5850 SAN FELIPE, SUITE 490, HOUSTON, TX 77057
READ KING SERVICES T 713.782.9000 www.read-king.com 5850 SAN FELIPE, SUITE 490, HOUSTON, TX 77057 Services Our Team At Read King, we handle all types of commercial Led by principals Jeff Read and Ewing
More informationOFFICE FOR SALE OR LEASE 871 CORONADO CENTER DR. OFFICE CONDOS OR ENTIRE BUILDING. presented by:
FOR SALE OR LEASE CONDOS OR ENTIRE BUILDING presented by: MARC MAGLIARDITI, CCIM Vice President 702.954.4115 marcm@logiccre.com BRENDAN KEATING CEO 702.954.4108 bkeating@logiccre.com Owner/Licensee 871
More information1765 W Mount Houston Road
1765 W Mount Houston Road Houston, Texas Investment Overview William (Bill) Kahng 408-476 - 5597 WilliamKahng@gmail.com DRE # 02036826 Investment & Demographic Highlights $2,499,000 (5.92% Cap Rate) Corporate
More informationROGER GRAY BROKER TEL
ROGER GRAY BROKER 210-240-4319 TEL WWW.CAPROP.NET Absolute NNN Trophy Property in the Heart of the South Texas Medical Center Built in 2003, and updated with new AC and flooring in 2016, this is a great
More informationExclusively listed by Bull Realty, Inc.
Offering Memorandum DOLLAR GENERAL NET LEASE INVESTMENT 9.1% CAP RATE TABLE OF CONTENTS EXECUTIVE SUMMARY 3 FINANCIAL OVERVIEW 4 AREA MAP 5 AREA BUSINESSES 6 PARCEL MAP 7 TENANT OVERVIEW 8 BROKER PROFILES
More informationWEST BEND SALE LEASEBACK OPPORTUNITY
WEST BEND SALE LEASEBACK OPPORTUNITY 3.65 ACRE PARCEL OF CONTIGUOUS VACANT LAND AVAILABLE OFFERING MEMORANDUM 3014-3020 E Progress Dr West Bend, WI 53095 West Bend Sale Leaseback Opportunity CONTENTS 01
More informationELEVENTH STREET APARTMENTS
ELEVENTH STREET APARTMENTS 501 11TH STREET SE PUYALLUP, WA 98372 FOR MORE INFORMATION: TYLER SMITH PRINCIPAL BROKER 206.505.9425 tylersmith@westlakeassociates.com STEVE FISCHER PRINCIPAL BROKER 206.505.9435
More informationEastGroup Properties Announces Second Quarter 2018 Results
EastGroup Properties Announces Second Quarter 2018 Results Contact: Marshall Loeb, President and CEO Brent Wood, CFO (601) 354-3555 Net Income Attributable to Common Stockholders of $.52 Per Share Compared
More informationOwner/User or Investment Opportunity
Sale Price: $550,000 ($106.73/PSF) Building Size: +/- 5,153 Square Feet Lot Size: +/- 0.3959 AC Zoning : MX-L Proforma Cap Rate : 10.17% Proforma NOI: $55,714 Features: Quality Construction Turn Key Medical
More informationOWNERS AND DEVELOPERS
Suite TM OWNERS AND DEVELOPERS Move Your Business Forward ALL THE TOOLS YOU NEED TO MAXIMIZE THE PERFORMANCE OF YOUR PORTFOLIO As an owner or developer, you hold the keys to a $1.5 trillion industry. It
More informationInvesco Real Estate Acquisitions
Acquisitions With the corporate office centrally located in Dallas, Texas and regional acquisitions offices in New York, San Francisco and Orange County, Invesco is able to effectively source acquisition
More informationSelling Medical Equipment at Auction
Selling Medical Equipment at Auction An Introduction A NPMA Webinar Presented by: Greg Shattuck January 28, 2016 The Auction Process What s Sold at Auctions? Anything & Everything including Medical Equipment!
More informationOFFICE FOR SALE OR LEASE 871 CORONADO CENTER DR. presented by: BRENDAN KEATING CEO
FOR SALE OR LEASE presented by: MARC MAGLIARDITI, CCIM Vice President 702.954.4115 marcm@logiccre.com BRENDAN KEATING CEO 702.954.4108 bkeating@logiccre.com Owner/Licensee 871 CORONADO CENTER DR. PROPERTY
More informationCBRE INDUSTRIAL & LOGISTICS SPECIAL PROPERTIES GROUP
CBRE INDUSTRIAL & LOGISTICS SPECIAL PROPERTIES GROUP 48+ REAL ESTATE EXPERTS 36 OFFICES U.S. & CANADA 27 SUCCESSFUL YEARS THE SPECIAL PROPERTIES GROUP provides specialized acquisition, disposition and
More informationWE CREATE RETAIL DESTINATIONS
P R O J E C T L E A S I N G WE CREATE RETAIL DESTINATIONS Property owners and developers rely on Weitzman because they understand the value of working with a team that is retail-focused and Texas-based.
More informationMIDLAND MULTIFAMILY PORTFOLIO
MIDLAND MULTIFAMILY PORTFOLIO MIDLAND PORTFOLIO 50 UNITS EXCEPTIONAL INVESTMENT OPPORTUNITY HIGH GROWTH MARKET Town & Country Apartments 3310 Bedford Avenue Midland, Texas 79703 Simpatico Apartments 2910
More informationINDUSTRIAL FOR LEASE HOT ROD HILL. presented by: RICARDO JASSO Associate
INDUSTRIAL FOR LEASE presented by: RICARDO JASSO Associate 702.954.4124 rjasso@logiccre.com MARIA HERMAN Senior Brokerage Associate 702.954.4125 mherman@logiccre.com HOT ROD HILL 1241 AMERICAN PACIFIC
More informationWalgreens Drugstore SWC Louetta Road & Vintage Preserve Parkway Houston, Texas 77070
Representative Property Photo SINGLE TENANT CREDIT INVESTMENT OFFERING new construction investment grade company Nation s Leading Drug Retailer HARD CORNER IN WHOLE FOODS CENTER A++ LOCATION INCOME TAX
More information1804 NE LOOP 410 PROFESSIONAL OFFICE SPACE FOR LEASE SAN ANTONIO, TEXAS 78217
1804 Medical Plaza Building Makeover Complete! No NNN Pass-thru Expenses Full Service Gross Lease Competitive Rental Rates CONVENIENT TO HOSPITALS 1.2 Miles to Northeast Baptist Hospital 3.3 Miles to Christus
More informationRite Aid-Lewiston. 315 Main Street, Lewiston, ME John Gendron, CCIM. (207)
, johnrgendron@gmail.com 450 Baxter Blvd. Portland, ME 04103 207-939-8500 (p) 866-246-0114 (f) www.gendroncommercial.com Table of Contents Real Estate Investment Details... 3 Biography... 4 Property Description...
More informationHealth Advantage Building 7635 W. Jefferson Blvd. Fort Wayne, Indiana 46804
Southwest Office Space 19,980 SF medical office or ancillary service; able to accommodate multiple tenants or single user Various suite sizes available 2,374 SF - 12,666 SF Entire building also available
More informationBrand New Medical Building For Sale or Lease
Brand New Medical Building For Sale or Lease 2420 S Lamar Blvd Oxford, Mississippi Offering Price $2,650,000 Lease Price $25.00 PSF Approximately 10,000 sq. ft.* medical office building Tenant improvement
More informationSenior Housing Properties Trust Announces Fourth Quarter and Year End 2017 Results
Senior Housing Properties Trust NEWS RELEASE Senior Housing Properties Trust Announces Fourth Quarter and Year End 2017 Results 2/27/2018 NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust
More informationMAXIMIZE YOUR COMMERCIAL PROPERTY INVESTMENT With Property Management That Invests in You
MAXIMIZE YOUR COMMERCIAL PROPERTY INVESTMENT With Property Management That Invests in You WE FOSTER EXCEPTIONAL RELATIONSHIPS AND EXCEPTIONAL RETURNS SG Real Estate has earned a reputation as a premier
More informationCVS Pharmacy Ground Lease Merced, CA
FILE PHOTO OFFERING MEMORANDUM CVS Pharmacy Ground Lease Merced, CA www.preservewestcapital.com TABLE OF CONTENTS PROPERTY HIGHLIGHTS 1 PROPERTY INFORMATION 2 TENANT INFORMATION 3 SITE PLAN 4 PROGRESS
More informationNORWOOD PLAZA 1848 NORWOOD PLAZA HURST, TX David Cook, SIOR, SEC Managing Director
NORWOOD PLAZA 1848 NORWOOD PLAZA HURST, TX 76054 David Cook, SIOR, SEC Managing Director 972.387.5600 david.cook@svn.com Steve Fithian, CCIM, CPM, SEC Managing Director 817.288.5524 steve.fithian@svn.com
More informationCenter Point Business Park
Center Point Business Park 1331 East US Highway 80 Mesquite, Texas 75150 A 72,433 RSF Light Industrial Service Center / Office Jones Lang LaSalle has been exclusively retained to market for sale the Center
More informationMARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE
MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE SAFE HARBOR This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of
More informationGordon J. Greene, CCIM, is Manager of Hanna Commercial Real Estate Broker s Accelerated Marketing Division. Hanna Commercial has offices in, Canton,
Gordon J. Greene, CCIM, is Manager of Hanna Commercial Real Estate Broker s Accelerated Marketing Division. Hanna Commercial has offices in, Canton, OH; ; Hartford, CT; and Boca Raton, FL and is a member
More informationOffering Summary MACARTHUR HILLS IRVING, TEXAS
Offering Summary S H O P S A T MACARTHUR HILLS IRVING, TEXAS THE VISION AND OPPORTUNITY Holliday Fenoglio Fowler, L.P. ( HFF ) is pleased to exclusively present the Shops at MacArthur Hills (the Property
More informationDV Urban Realty Partners I LP REAL ESTATE PORTFOLIO OVERVIEW
DV Urban Realty Partners I LP REAL ESTATE PORTFOLIO OVERVIEW EXECUTIVE SUMMARY General DV Urban Realty Partners I L.P. (the Partnership ) is a value added real estate investment fund. The principals (the
More informationOAKVIEW MEDICAL CENTER 2040 BABCOCK ROAD, SAN ANTONIO, TX 78229
MEDICAL OFFICE BUILDING OAKVIEW MEDICAL CENTER 2040 BABCOCK ROAD, SAN ANTONIO, TX 78229 EXECUTIVE SUMMARY OFFERING SUMMARY Transwestern s Capital Markets Group has been retained as exclusive advisor for
More informationDRAPER STREET APARTMENTS - 6 UNITS
DRAPER STREET APARTMENTS - 6 UNITS 1130 DRAPER STREET CINCINNATI, OH 45214 Tryfon Christoforou Senior Advisor 513.490.6881 tryf.christoforou@svn.com Michael Costantini Senior Advisor 513.383.8413 michael.costantini@svn.com
More information