SVN Live 7.1.24 Weekly Property Broadcast

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

1. dsafsdfd July 1, 2024

2. A recent study by the Joint Center for Housing Studies at Harvard University shows that rising insurance premiums were the main cause of higher operating costs in the Multifamily sector heading into this year. Citing data from RealPage, the report detailed that through January 2024, insurance premiums in the sector rose 27.7% year over year and were a significant contributor to the 7.1% increase in total operating expenses over the same period. Within the nation's top 50 metros, per-unit insurance costs have more than doubled since the start of the pandemic. The rising costs can increase the risk of multifamily loan delinquencies. However, the report notes that delinquencies in the CMBS market remain well below their GFC comparisons and just slightly above their pre-pandemic average. Rising Costs in the Multifamily Sector

3. $6,250,000 13,413 SF $466 Chris Pascucci and Brian Dano of SVN | Masiello and Glen Berhow of SVN | Net Lease Texas exclusively represented the seller and procured the buyer to complete this transaction at a sales price of $6.25 million Walgreens, located at 616 Forest Avenue, had over ten years remaining on the lease at the time of the sale, and are thriving in the Portland marke t RETAIL | 616 FOREST AVENUE | PORTLAND, ME SVN | MASIELLO GROUP Chris Pascucci chris.pascucci @svn.com 603.494.8960 Brian Dano [email protected] 603.377.0309 7.6% SVN | NET LEASE TEXAS Glen Berhow glen.berhow @svn.com 469.828.1950

4. $ 3,250,000 21,937 SF $148 Denver infill property sold in less than 90 days on market Zoned for high rise multi-family Purchaser is planning to build a project in line with Denver's workforce housing initiative LAND | 2000 WELTON STREET | DENVER, CO SVN | DENVER COMMERCIAL Brian McCririe [email protected] 720.893.2834 Steve Kawulok [email protected] 970.488.3156 Wesley Perry [email protected] 719.224.0777

5. $ 3,100,000 6,000 SF $516 Brand new construction with paved and fenced yard Purchased by owner/user who plans to expand the building Located near Buckley Space Force Base INDUSTRIAL | 703 SALIDA WAY | AURORA, CO SVN | DENVER COMMERCIAL Corey Murray [email protected] 303.548.2585

6. $3,000,000 48,380 SF $62 48,380 sq ft, 3 story building located on 4.18 acres with elevators, completely renovated Former Business College campus OFFICE | 4205 DIXIE HIGHWAY | LOUISVILLE, KY SVN | THE MARTIN GROUP Jerry Ward [email protected] 502.419.5292

7. $3,050,000 77,150 SF $40 Being persistant Assist your client throughout the entire process If the property is for lease, it maybe for sale as well RETAIL | 28258 DIEHL ROAD | WARRENVILLE, IL SVN | CHICAGO COMMERCIAL Ronald Weissenhofer ronald.weissenhofer @svn.com 312.676.1868

8. $ 2,050,000 5,624 SF $364 Located on the East side of Dale Mabry Situated on a spacious 0.86-acre lot Ample parking available, including 26 spaces with 2 designated handicap spots 15 minutes away from Tampa International Airport OFFICE | 8939 NORTH DALE MABRY HIGHWAY | TAMPA, FL SVN | SAUNDERS RALSTON DANTZLER Liz Menéndez, CCIM [email protected] 727.409.0101

9. $1,400,000 34,536 SF $41 Property sold to an out-of-state investment group that will be keeping a portion as office and converting the rest to flex DD went smoothly and the property closed sooner than expected Single story, multi-tenant Class C office building OFFICE | 455 KEHOE BOULEVARD | CAROL STREAM, IL SVN | CHICAGO COMMERCIAL Caitlin Crawford [email protected] 847.464.8469 Jennifer Hopkins jennifer.hopkins @svn.com 312.676.1865 Olivia Czyzynski [email protected] 312.676.1862 7.6%

10. $ 1,350,000 6,744 SF $200 Convenient and easy to identify location between FM 78 and Interstate 10 Separate paved parking lot for office Large yard area for storage, lay-down yard and/or building expansion All utilities available Level site with no flood concerns INDUSTRIAL | 529 S CENTER STREET | MARION, TX SVN | TRADITIONS Travis Taylor, MAI, CCIM [email protected] 830.500.3787 Steve Rodgers, CPM, CCIM [email protected] 830.500.3787

11. $1,200,000 8,470 SF $142 Riverfront Class A office On-site parking One block from county courthouse Purchased by county for use of State Child Advocacy Agency Second sale to county this year OFFICE | 112 EAST MARKET ST | SALISBURY, MD SVN | MILLER COMMERCIAL REAL ESTATE John McClellan john.mcclellan @svn.com 410.543.2428 Kelly Jeter [email protected] 410.543.2440

12. $360,110 $16,972,000

13. MULTIFAMILY | 4131 FLINTLOCK DRIVE | LOUISVILLE, KY $6,705,000 $134,100 90 units Louisville ranked 3rd in US for Apartment Rent Growth Spacious units offering potential for modernization Proximity to amenities and transportation Strong rental demand in the Louisville market Potential for attractive yield and long-term growth Well-maintained property with investment potential $74,500 5.5% Bill Menish [email protected] 502.939.0399 SVN | MENISH COMMERCIAL REAL ESTATE

14. RETAIL | 306 CHEROKEE BLVD | CHATTANOOGA, TN $5,500,000 $110,000 7,000 SF 15 year lease to JP Morgan Chase 10 year lease to AFC Urgent Care 7,000 square feet Delivery to tenants in late summer 2024 Located in the Northshore, downtown’s busiest retail hub Fully-leased Highly visible location AADT of 16,000 VPD on Cherokee Blvd. Ample parking $786 4.96% Chandler Hale chandler.hale @svn.com 865.804.8351 Kelly Fitzgerald [email protected] 615.714.6378 SVN | SECOND STORY REAL ESTATE MANAGEMENT

15. RETAIL | 3000 ROYAL STREET | NEW ORLEANS, LA $2,700,000 $54,000 16,784 SF Two story building in the Bywater neighborhood of New Orleans, LA Currently home to Bywater Brew Pub and artists studios 1st floor offers second generation restaurant/brewpub space (open kitchen and bar with brewery attached) Most brewpub FF&E included in the sale 2024 2nd floor rental income is roughly $8,600/mo Artists on verbal MTM agreements $161 6.54% Sam Hurley sam.hurley @svn.com 504.427.9509 Tyler Robinson [email protected] 214.642.3548 SVN | URBAN PROPERTIES

16. OFFICE | 2224 N SWING LN | LIBERTY LAKE, WA $2,067,000 $62,010 6,324 SF Absolute NNN Leased Investment Property Property was built to suit for current tenant Meadow Wood Children’s Center Current lease through 2028 with one 5 year option remaining NOI is $113,726.31 with CPI or 3% annual escalations whichever is greater $327 5.5% Omar Sadaoui, CCIM omar.sadaoui @svn.com 509.601.0695 SVN | CORNERSTONE