1st Quarter Updated February 2019 CAPITAL MARKETS. Investment Offerings

Transcription

1 CAPITAL MARKETS Investment Offerings 1st Quarter 2019 Updated February 2019

2 OFFICE Vistas I& II One Holland Place Commonwealth Medical Park Northpointe Center Petersburg, VA Dumfries, VA 154,653 SF, 95% occupied 48,237 SF, 82% occupied medical office park 37,000 SF, 100% occupied Under Contract Sold for $4,800,000 Eric Robison Date Jan-19 C. Griffith Deep Run 3 Turning Basin Main Street Tower Norfolk, VA 342,000 SF, 98% occupied, Core 97% leased, 92,814 SF, Class A, CBD 73% leased, 199,621 SF, 14-story tower, CBD Sold for $56,000,000 Sold for $12,600,000 Sold for $18,550,000 Date Jan-19 I E. Robison Date Sept-18 E. Robison Date Aug-18 E. Robison Hampton Research Quads I & III Hampton, VA 156,613 SF Class A, value-add, 2-bldg portfolio Sold for $9,000,000 Date June-18 E. Robison SunTrust Center One & Two 100% leased, 419,653 SF, Class A office park Sold for $62,400,000 Date May-18 E. Robison Corporate Center V Virginia Beach, VA 100% leased, 70,760 SF, Class A suburban Sold for $9,862,500 Date Apr-18 E. Robison

3 INDUSTRIAL Windsor I Windsor Office Park Altria Trade Center Windsor IV Windsor Office Park Chesterfield, VA 58,000 SF, 100% leased, one building 1 M SF, 100% leased, 4 bldg, single credit tenant 72,890 SF, 100% leased, one building Sold for $7,500,000 Sold for $66,000,000 Sold for $10,516,000 Date Feb-19 E. Robison Date Dec-18 E. Robison Date : Oct-18 E. Robison

4 MULTIFAMILY City View Row Market Villas South Bank Apartments 20-unit, best-in-class investment opportunity 31-unit asset located in historic Shockoe Bottom 150-unit, adaptive-reuse loft apartments Gypsy Hill Place The Links at Virginia Center Union Flats Apartments Staunton, VA Glen Allen, VA Petersburg, VA 62-unit, value add independent living facility 100% leased, 72-unit, Class B bulk condo offering 66-unit, multifamily rehab Under Contract Sold for $940,575 Date Feb-18 C. Spangler Harbor Square Apartments Virginia Beach, VA 96-unit, value-add garden-style apt complex Sold for $3,300,000 Date Nov-17 C. Spangler

5 RETAIL Pantops Plaza Charlottesville, VA I00% leased, 10,518 SF, best-in-class strip ctr Branders Creek Corner 100% leased, unanchored strip, service oriented tenant roster The Shops at Stonefield North Charlottesville, VA 36,271 SF, 91.3% leased best in class retail Shoppes at Gloucester Virginia Center Station West Broad Village Gloucester, VA Glen Allen, VA Glen Allen, VA 92,273 SF, 93% leased shopping center 100% leased, retail strip center, 24,400 SF ±400,422 SF, mixeduse dev, 81.8% leased Joe Kennedy Fain Hicks The Shoppes at Belvedere The Shops at River Club Pocono Crossing Midlothian, VA Fredericksburg VA 97% leased, unanchored strip center 54,773 SF, 98% leased Weis anchored SC ±180,845 SF, 88% leased, regional shopping ctr Under LOI Sold for $7,000,000 Sold for $12,300,000 Date Jan-19 C. Spangler Date Jan-19 C. Spangler

6 RETAIL Gayton Crossing Winchester Station Lynnhaven North Shopping Center Winchester, VA Virginia Beach, VA 158,317 SF, 88% leased shopping center ±182,816 SF, multi-tenant, 97% leased shopping ctr ±175,731 SF, 79% leased, regional shopping ctr Sold for $29,000,000 Sold for $30,550,000 Sold for $10,000,000 Date Jan-19 E. Robison Date Jan-19 Fain Hicks Date Dec-18 Spangler Rustburg Marketplace Rustburg, VA ±46,700 SF, multi-tenant, grocery-anchored ctr Sold $4,650,000 Date Nov-18 C. Spangler Rockwood Plaza Shopping Center 100% leased, ±38,954 SF value-add strip ctr Sold for $2,100,000 Date Sept-18 C. Spangler Tower Plaza Shopping Center 91% leased, ±22,580 SF, value-add strip ctr Sold for $4,125,000 Date Sept-18 C. Spangler College Plaza Bluefield, VA 78% leased, 62,461 SF, value-add retail center Sold for $2,500,000 Date Aug-18 C. Spangler Patriot Plaza Williamsburg, VA 92% leased, 75,217 SF neighborhood center Sold for $5,500,000 Date July-18 J. Kennedy Spring Centre Mechanicsville, VA 88% leased, ±30,115 SF multi-tenant strip ctr Sold for $3,400,000 Date June-18 C. Spangler

7 STNL Ollie s Bargain Outlet Dick s Sporting Goods KidMed Pediatric Urgent Care Roanoke, VA Sterling, VA Stafford, VA NNN ground lease opportunity with significantly below market rent Non-Performing Note Sale Sold for $3,400,000 Date Dec-18 C. Griffith Freestanding MOB, 6,970 SF, 16 yr lease term remaining Sold for $3, Date Dec-18 C. Spangler Starbucks Harrisonburg, VA Newly constructed drive-thru; 10-yr term Sold for $2,350,000 Date Dec-18 J. Kennedy Wells Fargo Prime hard corner, 5-yr NNN lease Sold for $2,500,000 Date Oct-18 C. Spangler Colony Crossing I Midlothian, VA 10,106 SF Class B Office /Medical Sold for $2,095,000 Date Sept-18 C. Spangler Denny s Dunkin Donuts Wawa Fredericksburg, VA Virginia Beach, VA Prime hard corner. 10- yr NNN ground lease Freestanding, ±0.49 ac, 15-year NNN lease 100% leased, ±1.52 ac, outparcel opportunity Sold for $1,550,000 Sold for $1,280,000 Sold for $4,400,000 Date July-18 C. Griffith Date June-18 C. Spangler Date Apr-18 C. Spangler

8 STNL Wawa Hampton, VA 100% leased, ±1.56 ac, 20-yr ground lease Sold for $4,440,000 Date Apr-18 C. Spangler Virginia Cancer Institute (VCI) Prince George, VA 100% leased, 10,260 SF single tenant MOB condo Sold for $3,287,000 Date Mar-18 C. Spangler Dash In Midlothian, VA 100% leased, brand new 20-yr ground lease Sold for $2,905,000 Date Jan-18 C. Spangler

9 For more information, contact: Eric Robison Senior Vice President Senior Vice President Joe Kennedy Associate Associate Bo McKown Senior Financial Analyst Veronica Adams Client Coordinator First Quarter 2019 February 2019