OFFERING MEMORANDUM
8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 OPPORTUNITY ZONE SALE | UNIQUE CORNER OFFICE/FLEX BUILDINGS
INVESTMENT SUMMARY SITE DESCRIPTION
8701 S VERMONT AVE BUILDING SF 3,966 SF
PARCEL SIZE 5,200 SF ASKING PRICE PROPERTY TYPE DAYTIME POPULATION PARKING 7 Spaces $2,050,000 Office/ 3,918,800 Flex YEAR BUILT 1946 CEILING HEIGHT 16 feet
APN 6047-004-001
ZONING C3
SF AVAILABLE LOT SIZE PARKING OPPORTUNITY ZONE Yes 7,552 SF 10,454 SF 11 Spaces BILLBOARD SIGNAGE Available for use 8705 S VERMONT AVE BUILDING SF 3,586 SF
PARCEL SIZE 5,200 SF
PARKING 4 Spaces
YEAR BUILT 1930
CEILING HEIGHT 15 feet
APN 6047-004-002
ZONING C3
OPPORTUNITY ZONE Yes
4 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 5 INVESTMENT OVERVIEW
Hudson Partners is pleased to present 8701 & 8705 S. Vermont Avenue in Los Angeles.
The corner properties are situated on two parcels totaling 10,454 square feet of land and can be sold together or separately. Located in an Opportunity Zone, the properties offer significant tax advantages.
With ceiling heights of at least 15 feet and several skylights, the adjacent flex buildings benefit from additional mezzanine office space, making them ideal for a variety of uses, including learning centers, non-profit, places of worship, after-school centers, creative offices, and warehouse.
8701 S. Vermont Ave. is a flex office/retail building, built in 1946, of around 3,966 square feet, situated on a 5,200 square foot lot. It has 7 parking spaces and C3 General Commercial Zoning.
8705 S. Vermont Ave. is also a flex office/retail building, built in 1930, of around 3,586 square feet, situated on a 5,200 square foot lot. It has at least 4 parking spaces, as well as gated, private access to the alley.
Both properties are located in an unincorporated area of Los Angeles County, with close proximity (3 Miles) to the Forum and the new SoFi NFL Stadium.
An owner-user who occupies at least 51% of the square feet can obtain up to 90% SBA financing. Additionally, through September of 2021, SBA is offering a menu of incentives including 6 months of no interest or principal payments on the SBA portion of the loan. The breakdown is as follows:
SBA 504 LOAN PROGRAM • SBA WILL PAY UP TO $9,000 OF THE MONTHLY PAYMENT (PRINCIPAL AND INTEREST) ON SBA PORTION OF THE LOAN. BORROWER PAYS EXCESS AMOUNT IF THEIR PAYMENT IS MORE THAN $9,000. • THIRD PARTY LENDER FEE WAIVED • CDC FEES REDUCED FROM 2.65% TO 1.15%
SBA 7A LOAN • GUARANTY FEE WAIVED • Guarantee fee is usually (3.5% up to $1,000,000 on guaranteed portion and 3.75% for portion over $1,000,000) • SBA WILL PAY UP TO $9,000 OF THE MONTHLY PAYMENT (PRINCIPAL AND INTEREST) BORROWER PAYS EXCESS AMOUNT IF THEIR PAYMENT IS MORE THAN $9,000.
HIGHLIGHTS
• Can Be Sold Together or Separately • Gated, Private Parking • Opportunity Zone • Ideal for Warehouse, Learning Center, Non-Profit • Corner Location • Additional 2nd Floor Mezzanine Office Space in Both Buildings • 15-16 Foot Ceilings • At least 11 Parking Spaces
6 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 7 PROPERTY OVERVIEW
LOCATION PARKING BUILT 8701-8705 S Vermont Ave., Provides 11 spaces, which equates to 1.46 8701 S Vermont Ave was built in 1946. Los Angeles, CA 90044 spaces per 1,000 SF parking ratio. 8705 S Vermont Ave was built in 1930. 87TH ST
SITE Located on the southeast corner of 130' Vermont Ave and 87th St in the city of Los Angeles, CA. TRAFFIC COUNT ZONING Vermont Ave...... ±23,462 CPD Per the city of Los Angeles, the property is currently zoned as C3. LAND AREA 80'
The property consists of 2 parcels (APN 80' #6047-004-001/002) totaling 10,454 SF of land area.
BUILDING AREA PARCEL MAP The subject consists of 2 buildings equal-
ing to 7,552 total square feet. CPD) (±23,462 VERMONT AVE
FRONTAGE & ACCESS The site features 80 linear feet of frontage along Vermont Ave and 130 linear feet of frontage along 87th St.
Access points into the building include 1 entrance off 87th St & 1 entrance off back alley.
8 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 9 USER OCCUPANCYZIMAS COSTS MAP LEASE VS. OWN 7,552 SF 7,552 SF SALES COMPARISON APPROACH ESTIMATED ANNUALIZED | USER OCCUPANCY COSTS LEASE SCENARIO PER/SF AMOUNT OWN SCENARIO PER/SF AMOUNT LEASE ASSUMPTIONS: PURCHASE ASSUMPTIONS: SUMMARY TERMS DESCRIPTION ESTIMATED PSF Rent Per Month $7,552 Purchase Price $ 271 $2,050,000 Rent Per SF Industrial Gross $1.00 Improvement - Additional $0.00 $0 Price $2,050,000 OPERATING EXPENSES START-UP COSTS: Total $ 271 $2,050,000 Down Payment (10%) $205,000 Prepaid rent and security deposit (2 mo.'s total) $15,104 START-UP COSTS: Lessee TI costs, net of lessor TI Allowance** $0 Borrower cash down payment (20%) $410,000 Gross Square Feet 7,552 SF Taxes (1.25%) $25,625 $3.39 Total startup costs $15,104 Estimated fees on 1st mortgage** $8,200 Price Per Foot On Building $271.45 GROSS MONTHLY COSTS: Est. appraisal, environmental, other fees** $5,000 Rent payment $1.00 $7,552 Total startup costs $423,200 Insurance $3,398 $0.45 Lot Size 6,621 SF Lease operating costs** $0.50 $3,776 GROSS MONTHLY COSTS: Gross monthly cash cost $1.50 $11,328 Mortgage payment $1.14 $8,597 Price Per Foot On Land $309.62 LEASE BENEFITS (PER MONTH): Ownership operating costs** $0.57 $4,294 Utilities $9,440 $1.25 Depreciation tax benefit at 35% tax rate $0.00 $0 Gross monthly cash cost $1.71 $12,891 Year Built 1930/1930 Avg. monthly principal paydown | equity build $0.00 $0 OWNERSHIP BENEFITS - EXCEL. APPRECIATION Debt PSF $1.19 PSF Tax benefit on rent deduction at 35% tax rate $0.35 $2,643 (PER MONTH): Repairs & Maintenance $5,600 $0.74 Tax benefit on operating costs at 35% tax rate $0.18 $1,322 Depreciation tax benefit at 35% tax rate $0.16 $1,226 Operating PSF $0.51 PSF Lease-out income (net of tax at 35% rate) $0.00 $0 Avg. monthly principal paydown | equity build $0.64 $4,817 $0.53 $3,965 Tax benefit on rent deduction at 35% tax rate $0.18 $1,323 Occupancy Cost $1.70 PSF Capital Reserves/Mic. $2,200 $0.29 NET COST AFTER LEASE BENEFITS: $0.98 $7,363 Tax benefit on operating costs at 35% tax rate $0.20 $1,503 Est. appreciation benefit, per month $0.00 $0 Lease-out income (net of tax at 35% rate) $0.00 $0 Interest on startup cost difference (net of 35% tax) -$0.09 -$663 LOAN ASSUMPTIONS - CONVENTIONAL FINANCING NET COST AFTER LEAST BENEFITS $0.98 $7,363 Total Operating Expenses $42,263 $6.13 PROJECTED RENT COST IN YEAR 10 $1.09 $8,206 NET COST AFTER OWNERSHIP BENEFITS EXCEL APPRE: $0.62 $4,685 SUMMARY TERMS Net rent cost (after tax benefits at 35% rate) $1.27 $9,607 Assumed annual rent escalation 2.5% Est. appreciation benefit, per month $0.45 $3,417 Loan Amount $1,845,000 Debt Service $107,891 $14.28 NET COST AFTER OWNERSHIP BENEFITS INCL. APPRE: $0.17 $1,268 ANALYSIS LIMITATIONS: Loan Type SBA 90% LTV THIS ANALYSIS DOES NOT INCLUDE SUPPLEMENTAL INCOME STREAM FROM GROWTH IN PROPERTY VALUE & OWNER EQUITY POTENTIAL TENANTS - LOWERING OCCUPANCY COSTS SIGNIFICANTLY Total Occupancy Costs $154,154 $20.41 Assumed Annual Appreciate Rate Of: 2.0% Borrower Down Payment (20%): $410,000 SBA/Conventional 3.25% Interest Rate Disclaimer: This sample analysis is based on a series of assumptions, including loan interest rates and annual appreciation rates, and is meant only to be illustrative in nature. The analysis is not a guarantee of any actual results of any loan or purchase PROPERTY VALUE LOAN BALANCE OWNER EQUITY transaction or ownership of any real property, all of which are subject to risks, uncertainties and assumptions that are difficult to predict and beyond our control. No warranties or representations, express or implied, are made as to the accuracy of the Year 5 $2,263,366 $1,382,966 $880,399 Amortization 25 Years information contained herein, and same is submitted subject to the possibility of errors, omissions, change of price, rental or Monthly Occupancy Costs other conditions, withdrawal without notice, prior sale, lease or financing. We include projections, opinions, assumptions or Year 10 $2,498,939 $1,050,705 $1,448,234 (before tax advantages of ownership) $1.70 PSF estimates for example only, and they may not represent future performance of the property. You and your financial and legal Monthly Payment $8,990.98/month advisors should conduct your own evaluation of the property and transaction economics. Year 15 $2,759,030 $664,744 $2,094,286 Year 20 $3,046,192 $216,406 $2,829,786
10 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 11 12 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 13 14 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 15 16 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 17 18 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 19 20 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 21 SNAPSHOT: LOS ANGELES
Los Angeles, CA has a population of 3,918,872 and is the 2nd largest city in the United States. The population density is 8,362 per sq mi which is 3166% higher than the California average and 9129% higher than the national average. The median age in Los Angeles is 35 which is approximately 3% lower than the California average of HIGH DENSITY, LOS ANGELES 36. In Los Angeles, 44% of the population over 15 years of age are married, 40% speak English and 43% speak Spanish. 46% of Los Angeles residents were born in California, 15% were born out of state, 1% were born outside DEMOGRAPHICS of the United States and 38% were foreign born. • More than 3,918,800 people with a population
NEIGHBORHOOD CITY REGION COUNTY METRO density of 8,362 people per sq. mi.
Los Los Los Los Los Angeles Angeles Angeles Angeles Angeles • More than 2,060,000 employees with an Average Household Income exceeding $62,474
DEMOGRAPHICS • More than 1,380,000 households with an Average Property Value exceeding $682,400
LOS ANGELES COUNTY
The County of Los Angeles holds many disticntions. L.A. is the entertainment capital of the world, a cultural mecca boasting more than 100 museums, and a paradise of idyllic weather. From tourist attractions like the Walk of Fame's collection of stars (numbering more than 2,614 and growing by one or two a month) to career opportuni- ties like those presented in the expanding tech industry, Los Angeles County is the place to be. It is the only city LOS ANGELES LOS ANGELES COUNTY in North America to have hosted the Summer Olympics twice. Downtown L.A. is the largest government center outside of Washington, D.C. Los Angeles County has the WEATHER 284Sunny 83◦Average 50◦Average 284Sunny 71◦Average 55◦Average Days High Low Days High Low only remaining wooden lighthouse in the state (located in San Pedro's Fermin Park) and the largest historical theater district on the National Register of Historic Places (located Downtown on Broadway).
22 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 23 Los Angeles is California’s largest city, the country’s second largest (after New York) and ABOUT THE NEIGHBORHOOD NEARBY AMENITIES is home to about 4 million people. Known for its sprawling layout, ethnic diversity, sunny weath- er and television and film industry, Los Angeles is home to many in the entertainment industry. If you want to join them, it is cheaper to live there than New York, but rental and home prices, along with the cost of living, are pricey. Save up before you move to the City of Angels.
Mountains, deserts and the Pacific Ocean sur- round Los Angeles. Low-rise buildings are com- monplace, as are headquarters for major cor- porations. There is a lot of diversity in the city, and there are areas where many people from certain ethnic groups live and work, such as Ko- reatown, Little Tokyo and Little Ethiopia, making them a great place to try authentic cuisine.
76 60 61
Walk Score Transit Score Bike Score
Very Walkable Good Transit Bikeable Most errands can be Many nearby public Some bike accomplished on foot. transportation options. infrastructure. Sherman Oaks 24 mi Hollywood 14 mi DTLA 8 mi Santa Monica 14 mi SUBJECT PROPERTY
8701-8705 S Vermont Avenue has a Walk Score of 76 out of 100.
This location is in the Congress Southeast neighborhood in Los Angeles. Nearby parks include Algin Sutton Rec- reation Center, Saint Andrews Recreation Center and Mount Carmel Park.
24 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 25 Metro Rail & Busway metro.net
metro.net Chatsworth MetroAmtrak & Metrolink Rail & Busway
Nordhoff SAN FERNANDO VALLEY Lake Allen Sierra MadreArcadia VillaMonroviaDuarte/CityIrwindale of HopeAzusa DowntownAPU/Citrus College
Roscoe Memorial Park Sherman Way SAN GABRIEL VALLEY Del Mar Canoga De Soto Pierce CollegeTampa Reseda Balboa Woodley SepulvedaVan NuysWoodmanValley CollegeLaurel Canyon North Hollywood Fillmore Universal City/Studio City Los Angeles River Warner Ctr Chatsworth South Pasadena Amtrak & Metrolink Hollywood/Highland
Hollywood/Vine Highland Park Nordhoff SAN FERNANDO VALLEY Lake Allen Sierra MadreArcadia VillaMonroviaDuarte/CityIrwindale of HopeAzusa DowntownAPU/Citrus College Hollywood/Western Southwest Museum Roscoe CENTRAL LA Vermont/Sunset HeritageMemorial Sq Park Sherman Way SAN GABRIEL VALLEY Vermont/Santa Monica Lincoln/CypressDel Mar Canoga De Soto Pierce CollegeTampa Reseda Balboa Woodley SepulvedaVan NuysWoodmanValley CollegeLaurel Canyon 1 North Hollywood AREA HIGHLIGHTS Fillmore METRO RAILWAY & BUSWAY Vermont/Beverly Chinatown Universal City/Studio City Los Angeles River Warner Ctr PURPLE LINE EXTENSION Wilshire/WesternWilshire/Normandie Union Station Hollywood/HighlandWilshire/Vermont AmtrakSouth & Metrolink Pasadena CivicGrandGrandGrandGrand Ctr/Civic Ctr/ParkParkParkPark Metrolink 2 LAX FlyAway LAC+USC MedicalCal State Ctr LA El Monte Westlake/MacArthur Park AREA HIGHLIGHTS WESTSIDE Hollywood/Vine Highland Park REGIONAL 7th St/Metro Ctr CONNECTOR Hollywood/Western A. Subject Property Pico Pershing Southwest Museum CENTRAL LA Square LATTC/Ortho Soto 1. USC Institute Vermont/Sunset LittleArts Tokyo/ Dist Indiana Atlantic DOWNTOWN Pico/AlisoHeritage Sq Maravilla
2. LA Memorial coliseum LA Mariachi Plaza East LA Civic Ctr Rail Station Vermont/SantaGrand Monica/LATTC Lincoln/Cypress 3. The Forum Downtown17th Santa St/SMC Monica26th St/BergamotExpo/BundyExpo/SepulvedaWestwood/RanchoPalms Culver Park CityLa Cienega/JeffersonExpo/La BreaFarmdaleExpo/CrenshawExpo/WesternExpo/VermontExpoPark/USC Transfer EASTSIDE Station BuswayStation 4. Hollywood Park NFL Stadium 37th St/ San Pedro St Chinatown USCVermont/Beverly Busway Street Service UNDER 5. LAX PURPLE LINE EXTENSION Wilshire/WesternJefferson/USCWilshire/Normandie Washington Union Station CONSTRUCTION Wilshire/Vermont Amtrak & Metrolink CivicGrandGrandGrandGrand Ctr/Civic Ctr/ParkParkParkPark Metrolink LAX FlyAway LAC+USC MedicalCal State Ctr LA El Monte Slauson Westlake/MacArthurVernon Park WESTSIDE REGIONAL Metro Rail CONNECTOR River Angeles Los CRENSHAW/ SOUTH LA7th St/Metro Ctr Slauson LAX LINE Pico Pershing Red Line Square North Hollywood to Union Station PACIFIC OCEAN LATTC/OrthoManchester Florence Soto Little Tokyo/ Indiana Purple Line Institute Arts Dist Atlantic Wilshire/Western to Union Station DOWNTOWN Pico/Aliso Maravilla LA Firestone Blue Line Mariachi Plaza Downtown LA to Long Beach East LA Civic Ctr Rail Station Grand/LATTC Expo Line Downtown17th Santa St/SMC Monica26th St/BergamotExpo/BundyExpo/SepulvedaWestwood/RanchoPalms Culver Park CityLa Cienega/JeffersonExpo/La BreaFarmdaleExpo/CrenshawExpo/WesternExpo/VermontExpoPark/USC 103rd St/ Downtown LATransfer to Santa Monica Watts Towers EASTSIDE Station BuswayStation 37th St/ San Pedro St Green Line Redondo Beach to Norwalk USC Willowbrook/ Busway Street LAX Shuttle G Rosa Parks Gold LineService Aviation/LAXHawthorne/LennoxCrenshawVermont/Athens Harbor FwyAvalon Long Beach LakewoodBl NorwalkBl UNDER LAX East Los Angeles to Azusa Jefferson/USC Washington CONSTRUCTION
SUBJECT Rosecrans Compton Metro Busway Mariposa Slauson Vernon PROPERTY Orange Line Chatsworth to NorthMetro Hollywood Rail Harbor Artesia River Angeles Los El Segundo SOUTH LA Slauson CRENSHAW/ Gateway Silver Line LAX LINE Transit Ctr GATEWAY CITIES San PedroRed to El Monte Line Douglas Del Amo Street ServiceNorth in HollywoodDowntown LAto Union Station 3 A Manchester Florence and San Pedro PACIFIC OCEAN Purple Line Carson Wardlow Wilshire/Western to Union Station Redondo Beach Regional Rail Firestone Blue Line Downtown LA to Long Beach 4 Willow St Amtrak SOUTH BAY amtrak.comExpo Line 103rd St/ Downtown LA to Santa Monica Watts Towers Metrolink Pacific Pacific Coast Hwy metrolinktrains.comGreen Line Coast Redondo Beach to Norwalk Hwy Willowbrook/ LAX Shuttle G Rosa Parks Airport Shuttle Aviation/LAXHawthorne/LennoxCrenshawVermont/Athens Harbor FwyAvalon Anaheim St Long Beach LakewoodBl NorwalkBl Gold Line LAX East Los Angeles to Azusa LAX FlyAway Pacific 5th St lawa.org/flyaway Rosecrans Compton Metro Busway 5 Mariposa Av LAX Shuttle (free) lawa.org San Pedro Downtown 1st St Orange Line Long Beach Chatsworth to North Hollywood El Segundo Harbor Artesia Gateway OCTMAY 2016 2016 Silver Subject LineSubject to to Change 17-0753 ©2016 LACMTA ©2016 17-0753 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 Transit Ctr GATEWAY CITIES HUDSON COMMERCIAL PARTNERS,San Pedro to El INC. Monte 26 Del Amo Street Service in Downtown LA27 Douglas and San Pedro
Carson Wardlow Redondo Beach Regional Rail
Willow St Amtrak SOUTH BAY amtrak.com Metrolink Pacific Pacific Coast Hwy metrolinktrains.com Coast Hwy Anaheim St Airport Shuttle
LAX FlyAway Pacific 5th St lawa.org/flyaway Av LAX Shuttle (free) lawa.org San Pedro Downtown 1st St Long Beach OCTMAY 2016 2016 SubjectSubject to to Change 17-0753 ©2016 LACMTA ©2016 17-0753 VERMONT TRANSIT CORRIDOR
The Vermont corridor extends approximately 12.5 miles from Hollywood Boulevard south to 120th Street. It is the second busiest bus corridor in Los Angeles County with more than 45,000 weekday boardings. The Vermont Corridor not only connects to several rail lines, including the Metro Red, Purple, Expo and Green Lines, but also to dozens of other Metro Rapid and local bus lines as well as several major activity centers. The majority of the corridor falls within the City of Los Angeles with approximately 2.5 miles on the south end (the west side of Vermont only) in the County of Los Angeles.
28 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 29 SOFI STADIUM ‒ 3.9 MILES FROM SUBJECT PROPERTY
SoFi Stadium is an unprecedented and unparalleled sports and entertainment destination built in Inglewood, CA, by Los Angeles Rams Owner/Chairman E. Stanley Kroenke. The first indoor-outdoor stadium to be constructed, SoFi Stadium is the home of the Los Angeles Chargers and the Los Angeles Rams. The state-of-the-art stadium re-imag- ines the fan experience and will host a variety of events year round including Super Bowl LVI in 2022, the College Football Championship Game in 2023, and the Opening and Closing Ceremonies of the Olympic Games in 2028. Located on the site of the former Hollywood Park racetrack, the stadium is the centerpiece of a 298-acre mixed-use development featuring retail, commercial office space, a hotel, residential units, and outdoor park spaces.
30 8701-8705 S VERMONT AVE | LOS ANGELES, CA 90044 HUDSON COMMERCIAL PARTNERS, INC. 31 www.hudsonpartnersinc.com DARIN SPILLMAN JAY MARTINEZ President Managing Principal c: 310.592.8269 c: 310.658.3375 p: 818.699.1605 p: 818.212.3057 f: 818.688.8140 f: 818.688.8140 e: [email protected] e: [email protected] CalDRE: 01366902 CalDRE: 01367663
HUDSON COMMERCIAL PARTNERS INC. INVESTMENT BROKERAGE
It is often noted that the standards of service begin with the business’ ownership. So it is worth noting here that the owners of Hudson Commercial Partners, Inc., are the brokers that you are considering as your representative. As such, we have a heavily vested interest in the successful completion of your assignments and transactions and in providing you with the ongoing service that leads to solid working relationships.
We are committed to the belief that responsive, attentive, focused service is the link that connects professionalism with success. But, we recognize that our commitment to services must be proven and your confidence earned. We look forward to having that opportunity on this assignment.
WHO WE ARE
The principals at Hudson Commercial Partners, Inc. have worked at the country’s top brokerage firms over the years, and their paths had crossed on several occasions. They found that, while each brought a distinct skill set to the table, they shared an approach that emphasized superior service and a results-oriented focus that produced consistent positive results. The three quickly realized that, working as a team, they could offer clients broad-based expertise combined with a synergy that proved highly effective in the successful and swift completion of transactions. The founders then set about to build a powerful roster of team members representing a unique set of skills and expertise while maintaining their singular orientation to exceeding clients’ © 2020 Hudson Commercial Partners, Inc. The information contained in this expectations and Hudson Commercia Partners was born. This team approach has proven to be highly effective, resulting in the document has been obtained from sources believed reliable. While Hudson successful completion of more than $2 Billion in transactions while meeting even the most complex of clients’ needs. Commercial Partners, Inc. does not doubt its accuracy, Hudson Commercial Partners, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. 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. Hudson Commercial Partners, Inc. logo are service marks of Hudson Commercial Partners, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
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