DOCSLIB.ORG

Retail Property Advisory & Investment Sales

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Retail Property Advisory & Investment Sales RETAIL PROPERTY ADVISORY & INVESTMENT SALES REAL ESTATE IS NOT A COMMODITY At Faris Lee we never treat real estate like a commodity. Retail, in particular, is uniquely complex. It’s decidedly tenant-driven and completely location-driven. That is why we established a collaborative and highly creative culture — to set the industry standard in retail investment and client service. Whether advising on a single asset or large portfolio, Faris Lee brings top-level expertise to every aspect of the transaction, providing our clients with strategy, execution, and results that are unmatched by any other retail-specialized group in the nation. One Team. One Company: Moving Markets and Maximizing Value. OUR PLATFORM One Team. One Company. OUR CLIENTS SAY: Many factors make retail properties a superior investment choice. There are also many factors “Creativity and drive to get deals done have that make them a highly complex investment that demands a skilled team of financial and been consistent qualities of the firm over transactional experts. the years. On all of our tougher deals we definitely look to Faris Lee first and they Faris Lee Investments’ integrated investment services platform, which incorporates have proven themselves time and again. comprehensive real estate investment sales expertise and capital markets intelligence, is Ultimately, Faris Lee is a different breed of designed to protect, enhance, and create value. Our clients benefit from our financial counsel broker. They are experts who can do more and ability to produce customized marketing programs to achieve the best outcome, no matter than one thing. If a task or deal doesn’t the level of complexity. When we discuss the strategy for a retail portfolio or single asset, we fit in one box, they think out of the box to don’t just provide an historical analysis, we dig deeper, investigating the street-level financial make it work. Their biggest attribute is that and operational characteristics that will change market perception and in turn, create value. I don’t get put into a corporate machine and spit out the other side... we can get ahold of them, they respond, they get an- swers quickly.” Joe Goveia | 3 SEAMLESS INTEGRATION OF FUNCTIONAL EXPERTISE Minds Moving Markets INSTITUTIONAL SERVICES FINANCE PRIVATE CLIENT INVESTOR SERVICES WEALTH MANAGEMENT Q Portfolio valuation Q Advisory services Q Investment advisory Q Value-add redevelopment Q Q Q Q Q Investments Portfolio optimization Recapitalization Property valuation Reposition & re-merchandise Q Q Q Q Q Insurance and Acquisition and disposition Loan restructuring Appraisal review Merchant banking (co-invest) Q Q annuities strategies Q Discounted loan payoff Acquisition and disposition Asset management Q Q Agency execution Q services Wealth planning Note sales Q Operational audits Q Q Q Q Trust services Distressed asset disposition Merchant banking Transaction management Q Construction management Q Restructuring and and execution Q Estate planning Debt Program Q Concept & feasibility analysis Q recapitalization Financial analytics and Q Q Senior debt Retirement solutions Q Proforma & financial analysis Q Merchant banking engineering Q Q Research Mezzanine debt Q Q Design & development Q Proforma and financial analysis Lease abstracts/lease audits Q Bridge loans Q Q Equity placement Corporate sale-leaseback Equity Capital Q Q Financing Research and consulting Q Equity Q Q 1031/1033 Exchange Finance private capital Q Preferred equity Q planning Investment banking capital Q Rescue equity advisors Q Market research | 4 ONE TEAM – ONE COMPANY Structure Solves Complexity & Maximizes Value We employ a collaborative problem-solving process as a company, which provides our clients better solutions, strategies and outcomes. It’s how we’ve accumulated billions of dollars and thousands of deals in transactional experience. When you work with Faris Lee Investments, you gain from a powerful organization comprised of senior level advisors and a resource team solely dedicated to retail investment. In fact, we engineer our teams to fit the project and client, providing best-in-class service at all levels. We provide a hands-on, street- level, collaborative approach to marketing that goes beyond the expected. Our expertise lies in identifying a property’s potential and working to demonstrate the existing and future value to prospective buyers throughout the marketing process. OUR CLIENTS SAY: “From the underwriting, through the marketing and escrow process, Faris Lee actively managed every aspect of the transaction, which increased my confidence and resulted in a timely close of escrow.” R. Phillip Ramming Product Leader - Retail - Sabal Financial “Faris Lee is unique in providing a very high level of integrated financial and marketing processes.” Chris Westfahl Managing Director - Silverpeak Real Estate Partners | 5 OUR PROCESS The Best Minds, Functional Expertise, Industry Experience, and Market Knowledge Client Objectives & Risk Tolerance Review Project Recommendation Execution Financial & property-level Evaluation Investment Advisory Committee: Q Billions of dollars and thousands of deals in Q Senior level retail leaders collaborate to evaluate and transactional experience Market Assessment Lead & Lag Indicators create customized strategy. Q Proactive, strategic, and focused involvement Financial Services: during escrow Q Assemble local, regional, national team Q Financial control throughout the deal brings certainty of Q Highest level of expertise in every deal Q Bring together financial and transactional execution. throughout the entire process intelligence and expertise Q Team leverages financial experience and relationships Q Ability to overcome environmental, tenant, Q Leverage capital and advisory services to the to maximize value. construction, and appraisal issues benefit of property and client Resource Team: Q Able to tap into every investment advisory Comprehensive marketing resource team provides committee member on each deal financial analytics, research, and accelerated marketing strategies incorporating advertising and promotion. Q Client benefits from access to our proprietary database. | 6 SETTING THE STANDARD Retail Re-Engineered We’re known for our innovative deal matching that connects buyers and sellers. We also specialize in creative solutions including: lease structuring, development advisory, breakup and pre-sale strategies, complex loan assumption scenarios, and zero cash flow transactions, among others. Our customized integrated solutions, financial counsel, and commitment to long-term relationships gives our clients a unique advantage. Over the years, Faris Lee has been recognized for its leading-edge retail investment marketing strategies, financial insight, and distinct collaborative team culture. No matter the client’s goals and objectives, we can deliver the right balance of financial, transactional, and operational expertise to achieve superior results. | 7 OUR FOUNDATION Protecting Value – Delivering on Commitments WE ARE FULLY COMMITTED TO DELIVERING ON OUR PROMISES AND PRINCIPLES. Our Promise: Protect, Enhance, and Create Value Business Principles Q The client’s best interest is our paramount objective and concern. Q We are committed, responsible, and accountable to the success of our clients, Faris Lee Investments, and each other. Q We treat each other with integrity, dignity, and respect. Q We share openly and completely for the benefit of our clients and each other. Q We are committed to superior quality standards and excellence in all that we do. Q We are committed to deliver the best of our firm to every client and each project, every time. OUR CLIENTS SAY: “We have worked on many projects with Faris Lee, and they are first-class advisors and brokers.” Ed Coppola President - Macerich Company “Faris Lee has a proven track record for strategically tapping into both institutional and private buyer pools.” Bill Ohlsen Senior Vice President - LNR Partners, LLC | 8 THE TEAM About Us Faris Lee was founded in 1996 on the belief there was a place in the industry for a firm with a commitment to openness, transparency, and a willingness to share ideas. At the time, these basic tenets were different from the norm and continue to be so today. In any market, up or down, Faris Lee has continued to rely on forward-thinking, market expertise, collaborative teamwork and creative insight to deliver outstanding value to our clients. Operating with a highly skilled, deeply experienced team of retail specialists, we’ve closed thousands of deals worth billions of dollars, achieving the industry’s highest percentage closing record. Today, Faris Lee is one of the leading retail real estate advisory firms in the nation. OUR TEAM In-Depth Industry Experience RICHARD W. CHICHESTER President and Chief Executive Officer As President and Chief Executive Officer of Faris Lee Investments, Mr. Chichester is responsible for overseeing the development and execution of the firm’s business strategies, and managing its day-to-day operations. A 30-year real estate industry veteran, Mr. Chichester is a commercial real estate executive, successful at building corporate value and improving profitability through market expansion and development, process re-engineering, business development, cost containment, client base management, and corporate positioning. His core competencies are focused on accelerated growth and/or turnaround that emphasize stabilization and revitalization strategies, and strong financial management. Mr. Chichester
Load more

Recommended publications
  • Metro Bus and Metro Rail System
    Approximate frequency in minutes Approximate frequency in minutes Approximate frequency in minutes Approximate frequency in minutes Metro Bus Lines East/West Local Service in other areas Weekdays Saturdays Sundays North/South Local Service in other areas Weekdays Saturdays Sundays Limited Stop Service Weekdays Saturdays Sundays Special Service Weekdays Saturdays Sundays Approximate frequency in minutes Line Route Name Peaks Day Eve Day Eve Day Eve Line Route Name Peaks Day Eve Day Eve Day Eve Line Route Name Peaks Day Eve Day Eve Day Eve Line Route Name Peaks Day Eve Day Eve Day Eve Weekdays Saturdays Sundays 102 Walnut Park-Florence-East Jefferson Bl- 200 Alvarado St 5-8 11 12-30 10 12-30 12 12-30 302 Sunset Bl Limited 6-20—————— 603 Rampart Bl-Hoover St-Allesandro St- Local Service To/From Downtown LA 29-4038-4531-4545454545 10-12123020-303020-3030 Exposition Bl-Coliseum St 201 Silverlake Bl-Atwater-Glendale 40 40 40 60 60a 60 60a 305 Crosstown Bus:UCLA/Westwood- Colorado St Line Route Name Peaks Day Eve Day Eve Day Eve 3045-60————— NEWHALL 105 202 Imperial/Wilmington Station Limited 605 SANTA CLARITA 2 Sunset Bl 3-8 9-10 15-30 12-14 15-30 15-25 20-30 Vernon Av-La Cienega Bl 15-18 18-20 20-60 15 20-60 20 40-60 Willowbrook-Compton-Wilmington 30-60 — 60* — 60* — —60* Grande Vista Av-Boyle Heights- 5 10 15-20 30a 30 30a 30 30a PRINCESSA 4 Santa Monica Bl 7-14 8-14 15-18 12-18 12-15 15-30 15 108 Marina del Rey-Slauson Av-Pico Rivera 4-8 15 18-60 14-17 18-60 15-20 25-60 204 Vermont Av 6-10 10-15 20-30 15-20 15-30 12-15 15-30 312 La Brea
    [Show full text]
  • Brea (Los Angeles), California Oil, Oranges & Opportunities
    BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). BREA (LOS ANGELES), CALIFORNIA OIL, ORANGES & OPPORTUNITIES Brea Mall® is located in the heart of North Orange County, California, a few miles from California State University, Fullerton and their approximately 40,000 students and staff. — Brea and its surrounding communities are home to major corporations including American Suzuki Motor Corporation, Raytheon, Avery Dennison, Beckman Coulter and St. Jude Hospital. — The city’s Art in Public Places has integrated public art with private development. This nationally recognized collection features over 140 sculptures throughout the city including in Brea Mall. — The new master-planned communities of La Floresta and Blackstone, both in the city of Brea and less than four miles from Brea Mall, have added over 2,100 new luxury housing units to the area. — Brea City Hall and Chamber of Commerce offices are adjacent to the mall, located across the parking lot from Nordstrom and JCPenney. — One of the earliest communities in Orange County, Brea was incorporated in 1917 as the city of oil, oranges and opportunity. SOCAL STYLE Brea Mall has long served as a strategic fashion- focused shopping destination for the communities of North Orange County. The center continues in this tradition with a newly renovated property encompassing world-class shopping and dining. BY THE NUMBERS Anchored by Five Department Stores Nordstrom, Macy’s Women’s, Macy’s Men’s & Furniture Gallery, JCPenney Square Footage Brea Mall spans 1,319,000 square feet and attracts millions of visitors annually.
    [Show full text]
  • Chapter 11 Case No. 21-10632 (MBK)
    Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 1 of 92 UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY In re: Chapter 11 L’OCCITANE, INC., Case No. 21-10632 (MBK) Debtor. Judge: Hon. Michael B. Kaplan CERTIFICATE OF SERVICE I, Ana M. Galvan, depose and say that I am employed by Stretto, the claims and noticing agent for the Debtors in the above-captioned case. On April 2, 2021, at my direction and under my supervision, employees of Stretto caused the following documents to be served via first-class mail on the service list attached hereto as Exhibit A, and via electronic mail on the service list attached hereto as Exhibit B: Notice of Deadline for Filing Proofs of Claim Against the Debtor L’Occitane, Inc. (attached hereto as Exhibit C) [Customized] Official Form 410 Proof of Claim (attached hereto as Exhibit D) Official Form 410 Instructions for Proof of Claim (attached hereto as Exhibit E) Dated: April 6, 2021 /s/ Ana M. Galvan Ana M. Galvan STRETTO 410 Exchange, Suite 100 Irvine, CA 92602 Telephone: 855-434-5886 Email: [email protected] Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 2 of 92 Exhibit A Case 21-10632-MBK Doc 249 Filed 04/06/21 Entered 04/06/21 16:21:35 Desc Main Document Page 3 of 92 Exhibit A Served via First-Class Mail Name Attention Address 1 Address 2 Address 3 City State Zip Country 1046 Madison Ave LLC c/o HMH Realty Co., Inc., Rexton Realty Co.
    [Show full text]
  • IN the UNITED STATES BANKRUPTCY COURT for the DISTRICT of DELAWARE ) in Re: ) Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., Et Al
    Case 17-12906-CSS Doc 386 Filed 01/30/18 Page 1 of 11 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re: ) Chapter 11 ) CHARMING CHARLIE HOLDINGS INC., et al.,1 ) Case No. 17-12906 (CSS) ) ) (Jointly Administered) Debtors. ) ) Re. Docket No. 280 STORE CLOSING SALES—SUMMARY REPORT In connection with the Final Order (I) Authorizing the Debtors to Assume the Agency Agreement, (II) Approving Procedures for Store Closing Sales, and (III) Granting Related Relief [Docket No. 280] (the “Order”),2 the Debtors are required to file a summary report (the “Report”) as described in paragraph 46 of the Order within 30 days of the conclusion of the Store Closing Sales. The Debtors have concluded the Store Closings and Sales at certain of the Debtors’ retail locations3 and have performed the accounting and reconciliations required to prepare this summary report. This Report contains the following information, as required by the Order: Required Information Exhibit (i) Stores Closed A (ii) Revenue from Merchandise Sold (Net of Tax) B (iii) Revenue from FF&E Sold (Net of Tax) C 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification number, include: Charming Charlie Canada LLC (0693); Charming Charlie Holdings Inc. (6139); Charming Charlie International LLC (5887); Charming Charlie LLC (0263); Charming Charlie Manhattan LLC (7408); Charming Charlie USA, Inc. (3973); and Poseidon Partners CMS, Inc. (3302). The location of the Debtors’ service address is: 5999 Savoy Drive, Houston, Texas 77036. 2 Capitalized terms not otherwise defined herein shall have the meanings given to them in the Order.
    [Show full text]
  • List Cure Amounts.Pdf
    Exhibit B: Cure Amounts by Store Pre- Pre- Pre- Pre- Nov. Stub Nov. Stub Nov. Stub Nov. Stub Petition Petition Petition Petition CC Total Loc # Location Name Address City State Zip Code Landlord Name LL Address 1 LL Address 2 LL Address 3 City State Rent CAM INS TAX CAM INS TAX UTIL Outstanding 3280 Anniston 704 South Quintard Avenue Anniston AL 36201 Wec99A-1 Llc C/O Mesker Investments Co., L.C. 400 South Market Wichita KS $4,334 $0 $0 $0 $0 $0 $0 $0 $4,334 829 Trussville 3555 Roosevelt Boulevard Trussville AL 35173-1918 Tutwiler Properties Ltd P. O. Box 12045 Attn: Temple W. Tutwiler Iii Birmingham AL $6,164 $0 $0 $0 $0 $0 $0 $0 $6,164 3240 Fayetteville '99 744 East Joyce Blvd Fayetteville AR 72701 Wec 99A-2 Llc C/O Robert K. Wood 116 Gulfstream Road Palm Beach FL $8,211 $0 $0 $0 $0 $0 $0 $0 $8,211 3362 Arrowhead 7645 West Bell Road Peoria AZ 85382-3830 Ddra Arrowhead Crossing Llc 3300 Enterprise Parkway C/O Developers Diversified Realty Corporation Attn: Senior Executive Vice President Beachwood $12,065 $710 $63 $2,192 $1,963 $191 $0 $0 $17,184 441 Avondale 10140 West Mcdowell Road Avondale AZ 85323-4841 Inland Western Mcdowell Llc 2901 Butterfield Road Attn: Vice President Oak Brook IL $10,418 $1,645 $0 $2,185 $4,082 $0 $0 $0 $18,329 3580 Gilbert 2817 South Market Street Gilbert AZ 85296-6303 Santan Village Phase 2 Llc Macerich Santan Phase 2 Spe Llc 11411 North Tatum Boulevard Attn: Center Management Phoenix AZ $12,221 $971 $0 $1,505 $2,375 $0 $0 $0 $17,072 3760 Goodyear 15433 West Mcdowell Road Goodyear AZ 85338-2525 Evergreen Mcdowell And Pebble Creek Llc C/O Evergreen Devco, Inc.
    [Show full text]
  • Macy's, Inc. Reports New Steps to Enhance Sustainability
    July 23, 2014 Macy’s, Inc. Reports New Steps to Enhance Sustainability Actions include installation of additional electric vehicle charging stations, continued rollout of LED lighting and solar, and new efforts to reduce packaging waste CINCINNATI--(BUSINESS WIRE)-- Macy’s, Inc. (NYSE:M) today reported a series of new initiatives in its multi-year strategic program to enhance environmental sustainability. They are consistent with the company’s sustainability principles first adopted in 2008 and implemented with increasing intensity over the past six years. Results through 2013 include a 38 percent reduction in the company’s electricity usage since 2002 and a 95 percent adoption rate of recycled or certified paper used in the company’s marketing materials. “We have come a long way in making our company more efficient, less wasteful and greener –which is important to our customers, associates, shareholders and communities,” said Amy Hanson, the Macy’s, Inc. executive vice president who oversees sustainability activities. “In all, we have already implemented more than 100 new sustainability ideas over the past six years. But the more we do, the more we learn about opportunities for further improvement. We are more committed today than ever to pursuing new advances in sustainability and finding pragmatic steps we can take to become responsible stewards of our environment while also engaging our workforce and reducing costs.” New and enhanced elements of sustainability at Macy’s, Inc. in 2014 include: Collaborating with Volta Industries to install 17 new free-to-operate electric vehicle (EV) charging stations outside eight Macy’s stores in the Los Angeles area by late fall 2014.
    [Show full text]
  • Ontario (Riverside), California a High-Profile Opportunity
    BUSINESS CARD DIE AREA 5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). ONTARIO (RIVERSIDE), CALIFORNIA A HIGH-PROFILE OPPORTUNITY Ontario Mills® is located in San Bernardino County, the fifth largest county in California with over 2.1 million residents. — Ontario Mills is well positioned at the intersection of I-10 and I-15, two of the most heavily trafficked interstates in southern California. — Many day trippers and tourist shoppers visit Ontario Mills from Los Angeles and Orange County, which are approximately 35 miles away. — The busy LA/Ontario International Airport is only five minutes away. — Multiple single-family home developments are under construction and scheduled to open over the next several years. — Ontario, California, is home to the Citizens Business Bank Arena, hosting local sporting events and concerts. AN ATTRACTIVE DESTINATION Ontario Mills is California’s largest outlet and value shopping destination. — 100,000-square-foot development now open with new small shops and restaurants, including The North Face, Original Penguin, Samsonite, and Blaze Pizza. Coach, Tommy Hilfiger, and Nautica will be relocating to this new area. — UNIQLO will join the lineup in August 2016 with ULTA Beauty following this Fall. — More than 200 retailers offer a diverse selection of women’s and children’s apparel, sportswear, dining, entertainment, and more. — Ample open-air parking is available. — Millions of area residents and tourists shop at Ontario Mills every year.
    [Show full text]
  • Winter 2013-14
    WinterIssue 2013/14 Community C o n n e c t i o n s Meetings Elected A MESSAGE FROM Meetings are in City Hall Officials THE CITY TREASURER and the Community Mayor The City of Carson has established a Fraud Center unless other- Jim Dear Hotline to fight fraud and protect wise noted, and are open to the public. Mayor Pro Tem taxpayer’s dollars. The Hotline is an Police & Fire Jobs Elito M. Santarina option for anyone wishing to anonymously Emergencies 911 Career Center City Council/Successor Animal Control (310) 233-4888 Agency 6 p.m., Councilmember report illegal or unethical activity on the part of the City, its officials, employees, Carson Animal Shelter Libraries 1st and 3rd Tuesdays Mike A. Gipson (310) 523-9566 Carson Regional contractors or vendors. The Hotline is Citywide Advisory Commission Councilmember Birth, Death, (310) 830-0901 7 p.m., 2nd Thursday open 24 hours a day, 7 days a week and in - Lula Davis-Holmes Marriage Records Dr. Martin Luther King, Jr. (Only when necessary) terpreters are available in 20 different lan - County Registrar-Recorder (310) 327-4830 (562) 462-2137 Economic Development Commission Councilmember guages. Parking 8 a.m., 1st Thursday, Albert Robles Building Permits Enforcement Community Center Calls placed to the Hotline are confidential Building & Safety (800) 654-7275 City Clerk (310) 952-1766 Environmental Commission and handled by a third party vendor. You Parks & Recreation 6:30 p.m., 1st Wednesday Donesia Gause do not have to give your name and your Public Transit (310) 847-3570 City Treasurer and Dial-A-Ride Cultural Arts Commission call is not recorded through the use of Post Office 6 p.m., 1st Monday Karen Avilla recording devices, caller identification (310) 952-1779 Main No.
    [Show full text]
  • THE LIST Ranked by Gross Leasable Area
    18 SAN FERNANDO VALLEY BUSINESS JOURNAL JULY 5, 2021 RETAIL CENTERS THE LIST Ranked by gross leasable area Rank Retail Center Gross Leasable Profile Year Anchors Owner General Manager • name Area • stores Opened • name • name • address • square-feet • parking • headquarters • phone • website spaces Westfield Topanga 1,571,066 262 1964 Macy's, Neiman Marcus, Nordstrom, Target Unibail-Rodamco-Westfield Molly Unger 1 6600 Topanga Canyon Blvd. 5,945 Paris (818) 594-8732 Canoga Park 91303 westfield.com/topanga Northridge Fashion Center 1,407,532 185 1971 Dave & Buster's, JCPenney, Macy's, Macy's Men/ Brookfield Properties Retail Daniyel John 2 9301 Tampa Ave. 7,000 Home, Pacific Theatres 10Plex Group (818) 885-9700 Northridge 91324 Chicago northridgefashion.com Glendale Galleria 1,336,292 204 1976 Bloomingdale's, DICK'S Sporting Goods, Gold's Brookfield Properties Retail Steven Sayers 3 100 W. Broadway, Suite 100 6,200 Gym, JCPenney, Macy's, Target Group (818) 246-6737 Glendale 91210 Chicago glendalegalleria.com Burbank Town Center 1,234,971 165 1991 Ashley Furniture, Bed Bath & Beyond, Burlington, Cypress Equities Michael Ian de 4 201 E. Magnolia Blvd. 5,720 Cost Plus World Market, Macy's, Round1 Bowling Dallas Leon Burbank 91501 & Amusement, Sears (818) 566-8556 burbanktowncenter.com The Oaks Shopping Center 1,209,000 175 1978 AMC Theatres, DICK'S Sporting Goods, H&M, Macerich Co. Adam Antoniskis 5 350 W. Hillcrest Drive 5,000 JCPenney, Macy's Men/Home, Macy's Women/ Santa Monica (805) 495-2032 Thousand Oaks 91360 Children, Nordstrom shoptheoaksmall.com Fallbrook Center 1,120,000 52 1966 AMC Fallbrook 7 Theatres, Bob's Discount Retail Opportunity Investments April Sheffield 6 6633 Fallbrook Ave.
    [Show full text]
  • Exclusive Multifamily Offering
    E XC L U S I V E MULTIFAMILY OFFERING 1922-1928 EAST 120TH STREET LOS ANGELES, CA 90059 12 UNITS BUILT: 1991 PRICE: $3,300,000 a Berkshire Hathaway and Jefferies Financial Group company INVESTMENT ADVISOR BRENT SPRENKLE SENIOR MANAGING DIRECTOR [email protected] OFFICE: (310) 470-4892 CA BRE #01290116 SOUTH BAY LOS ANGELES OFFICE 2321 ROSECRANS AVENUE, SUITE #3235 EL SEGUNDO, CA 90245 OFFICE: (424) 239-5900 FAX: (424) 239-5901 THE PROPERTY 4 THE LOCATION 10 FINANCIALS 16 MARKETING POSITION 22 MARKET OVERVIEW 32 DEMOGRAPHIC 50 MULTIFAMILY REPORT 64 TABLE OF TEAMS AND 70 SERVICES CONTENTS THE PRopeRTY 4 5 5 INVESTMENT HIGHLIGHTS • Great Unit Mix - All 3 and 4 Bedroom Apartments • Modern Construction - Built in 1991 • Substantial Rental Upside - Average Rent: $1,555/Month T HE • Steps to Martin Luther King Hospital P roperty • Adjacent to Newly Constructed Single-Family Homes • Large Units Averaging Over 1,100 Square Feet Each 6 The Property BERKADIA PROPERTY SUMMARY PROPERTY INFORMATION UNIT MIX / BED TYPE SIZE Address 1922-1928 E 120th St, Los Angeles, CA 8 THREE BD / ONE BA 1,050 Number of Units 12 4 FOUR BD / TWO 1,250 Average Residential Unit SF 1,117 Total 12 / 13,536 Year Built 1991 Total Acreage 0.48 Number of Buildings / Stories One / Two-Stories Parcel Number 6150-005-018, 6150-005-019 Gas and Electric Separate Metered roperty P HE T The Property BERKADIA 7 PROPERTY DESCRIPTION The 120th Street Apartments is a 1991-construction apartment community consisting of two detached properties on two parcels.
    [Show full text]
  • Los Angeles Outlets
    LOS ANGELES OUTLETS Serving the second largest MSA in the United States OPPORTUNITY OVERVIEW SERVING THE SECOND LARGEST MSA IN THE UNITED STATES, LOS ANGELES OUTLETS IS A PLANNED LOS ANGELES 400,000 SQUARE FOOT OUTLET CENTER PROJECT SLATED TO OPEN IN 2017. UPON ITS COMPLETION, OUTLETS LOS ANGELES OUTLETS WILL FEATURE APPROXIMATELY 90 DESIGNER AND BRAND NAMES THAT WILL CATER TO A DENSE AND AFFLUENT PERMANENT POPULATION BASE ALONG WITH NEARLY 70 MILLION PEOPLE WHO VISIT THE LOS ANGELES AND ANAHEIM REGIONS ON AN ANNUAL BASIS. The Los Angeles marketplace is driven by economic business sectors including international trade, entertainment, aerospace, technology, petroleum, fashion, apparel and tourism. Regionally, the San Gabriel Valley boasts an ethnically diverse population of more than two million and includes such communities as City of Industry, Pasadena, Arcadia, Walnut, Diamond Bar, West Covina and San Marino. Specifically, City of Industry businesses enjoy no business tax. It is the headquarters for companies including Williams Sonoma, Yum! Brands, Fed Ex, Tropicana, Hot Topic, Alta Dena, CSC Enterprise Corp., Newegg.com and Metro United Bank, among many more. City of Industry is also a popular investment area for Chinese businessmen and has emerged as a high-tech import/export center. 1 | LOS ANGELES OUTLETS LOS ANGELES OUTLETS | 2 FACTS & FUNDAMENTALS PRIME LOCATION Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway A GROUND-UP, 400,000 SQUARE FOOT and State Route 71 - which link the residents of Los Angeles, Orange and San Bernardino Counties The outlet center will sit on Pomona Freeway (60) and Grand Avenue, one of the five most travelled road PROJECT, LOS ANGELES OUTLETS WILL segments in the U.S.
    [Show full text]
  • WARN Report Summary by Received Date 07/01/2019 - 06/30/2020 State Fiscal Year No
    WARN Report Summary by Received Date 07/01/2019 - 06/30/2020 State Fiscal Year No. Of Notice Date Effective Date Received Date Company City County Employees Layoff/Closure 06/10/2020 06/09/2020 06/30/2020 Harbor Bay Club, Inc Alameda Alameda County 80 Layoff Temporary 03/20/2020 03/20/2020 06/30/2020 MD2 Industries, LLC Long Beach Los Angeles County 109 Closure Temporary 06/30/2020 08/21/2020 06/30/2020 NBCUniversal Media, LLC - Digital Lab Unit Universal City Los Angeles County 28 Layoff Temporary 04/22/2020 06/22/2020 06/30/2020 House of Blues Anaheim Anaheim Orange County 8 Closure Temporary 06/29/2020 08/01/2020 06/30/2020 ADESA California, LLC dba ADESA/AFC Los Mira Loma Riverside County 71 Layoff Permanent Angeles 06/17/2020 06/17/2020 06/30/2020 K&N Engineering, Inc. Riverside Riverside County 44 Layoff Permanent 06/29/2020 07/28/2020 06/30/2020 Benchmark Arrowhead, LLC dba Lake Lake Arrowhead San Bernardino County 114 Layoff Permanent Arrowhead Resort and Spa 06/18/2020 07/06/2020 06/30/2020 HOWMET Aerospace Fontana San Bernardino County 75 Layoff Temporary 06/18/2020 06/16/2020 06/30/2020 Bahia Resort Hotel San Diego San Diego County 47 Layoff Permanent 06/18/2020 06/16/2020 06/30/2020 Catamaran Resort Hotel and Spa San Diego San Diego County 46 Layoff Permanent 06/18/2020 06/16/2020 06/30/2020 The Lodge Torrey Pines La Jolla San Diego County 84 Layoff Permanent 06/18/2020 06/18/2020 06/30/2020 Bahia Resort Hotel San Diego San Diego County 33 Layoff Temporary 06/18/2020 06/18/2020 06/30/2020 Catamaran Resort Hotel and Spa San Diego San Diego County 33 Layoff Temporary 06/18/2020 06/18/2020 06/30/2020 The Lodge Torrey Pines La Jolla San Diego County 37 Layoff Temporary 06/08/2020 03/30/2020 06/30/2020 SmartCareMD Escondido San Diego County 38 Layoff Permanent 06/29/2020 08/31/2020 06/30/2020 Stryker Employment Company Menlo Park San Mateo County 33 Layoff Permanent 06/29/2020 08/29/2020 06/30/2020 Nitto, Inc.
    [Show full text]