5555 Bullard Ave New Orleans, LA Investment Advisors

Total Page:16

File Type:pdf, Size:1020Kb

5555 Bullard Ave New Orleans, LA Investment Advisors Bullard Corporate Center 5555 Bullard Ave New Orleans, LA Investment Advisors CONFIDENTIALITY ENRI PINTO AND DISCLOSURE Vice President Miami Office The information contained in the following Offering Memorandum (“OM”) is proprietary Phone: 305-924-3094 and strictly confidential. It is intended to be reviewed only by the party receiving it from [email protected] Vanni Capital, and should not be made available to any other person, entity, or affiliates without the written consent of Vanni Capital. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy STEVEN VANNI or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to Vanni Capital. This OM President has been prepared to provide summary, unverified information to prospective purchasers, Miami Office and to establish only a preliminary level of interest in the subject property. The information Phone: 305-989-7854 contained herein is not a substitute for a thorough due diligence investigation. Vanni Capital [email protected] has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The informa- TONY SOTO tion contained in this OM has been obtained from sources we believe to be reliable; however, Commercial Advisor Vanni Capital has not verified, and will not verify, any of the information contained herein, Miami Office nor has Vanni Capital conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the in- Phone: 305-607-6012 formation provided. All potential buyers must take appropriate measures to verify all of the [email protected] information set forth herein. NON-DISCLOSURE NOTICE Vanni Capital, is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this OM. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Vanni Capital, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Vanni Capital and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. Exceptional Investment Opportunity Vanni Capital, as exclusive advisor, is pleased to present the exceptional oppor- tunity to acquire 5555 Bullard Ave, New Orleans, LA, 70128 (”The Property”). Situated on roughly 3.02 Acres, the 40,023 Square Foot shopping center was constructed in 1985 and fully renovated in 2002. The property is anchored by Davita Dialysis, other tenants include State Farm, Louisiana State Rep John Bagneris’ Office, Jay’s Cleaners and The Royal Room. The center is leased to the current tenants as a 17,275 square foot retail center, attached to a separate 22,760 square feet of warehouse space, as such Davita Dialysis accounts for over 43% of total CAM recoveries related to expenses maintaining the center. The tenant mix provides for stable cash flow for new investors, as well as sig- nificant upside by leasing out the 22,760 Square Foot vacancy. Fronting Bullard Ave, in between I-510, I-10, and US90, the property is strate- gically located in the central corridor of all the main thoroughfares in the area. The property is located within 1 mile of a Walmart Super Center, Home Depot, Lowes, and many other major retail attractions. The property is situated just 10-Miles from the French Quarter, the main economic driver in New Orleans. The property currently has 22,760 Square Feet of warehouse space. Originally a bowling alley, ownership converted the 40,035 square foot property into a re- tail and warehouse mixed use facility, the warehouse space is currently an own- er occupied business, that is willing to sign a short term sale-lease-back upon sale. This creates huge upside for future investors, while still receiving reliable income and recoveries from stable tenants. The 22,760 Square Feet can be rented in full to one tenant, such as a gym, grocery store, bowling alley, discount store, event space, food hall or subdivided to multiple tenants for storage generating even more cash flow. Davita Dialysis 10 Yr NNN Lease Executive Summary Investment Opportunity Bullard Corporate Center BULLARD CORPORATE CENTER - Situated on roughly income and recoveries from stable cash flow. The 3.02 Acres, the 40,023 Square Foot shopping cen- 22,760 Square Feet can be rented in full to one ter was constructed in 1985 and fully renovated tenant, such as a gym, grocery store, bowling alley, in 2002. The property is anchored by Davita Dial- discount store, event space, food hall or subdivid- ysis, other tenants include State Farm, Louisiana ed to multiple tenants for storage generating even State Rep John Bagneris’ Office, Jay’s Cleaners and more cash flow at increased rates. The Royal Room. The center is leased as a 17,275 square foot retail center, attached to 22,760 square STABLE CASH FLOW - With a current Net Operating feet of warehouse space, as such Davita Dialysis Income of $345,121 future investors will benefit accounts for over 43% of total CAM recoveries. from stable cash flow. Davita Dialysis currently oc- The tenant mix provides for stable cash flow for cupies 7,540 Square Feet with 10 years left on the new investors, as well as significant upside by leas- lease, providing a key anchor tenant to future own- ing out the 22,760 Square Foot vacancy at a in- ers, State Farm also occupies 1,510 Square Feet of creased rate. the center. With income coming from 2 credit ten- ants, future owners will be able to rely on the stable Fronting Bullard Ave, in between I-510, I-10, and cash flow from two credit tenants while recapturing US90, the property is strategically located in the the rent in the vacant space, creating significant up- central corridor of all the main thoroughfares in side. the area. The property is located within 1 mile of a Walmart Super Center, Home Depot, Lowes, LOCATION - 5555 Bullard Ave is located in the afflu- and many other major synergistic retailers. The ent part of East New Orleans sub-market. property is situated just 10-Miles from the French The Property’s strategic location along Bullard Ave, Quarter, the main economic driver in New Orle- provides customers with direct and easy access ans. from 3 Major highways, including: Interstate-10, Interstate-510, US Highway 90 (Chef Menteur VALUE - The property currently has 22,760 Square Hwy). This central location gives the property traf- Feet of owner occupied space. Originally a bowl- fic counts of over 50,000 vehicles per day within a ing alley, ownership converted the 40,035 square 1-Mile radius. Fronting Bullard Avenue, The Prop- foot property into a retail and warehouse mixed erty has two points of ingress and egress along the use facility, the warehouse space is currently an main road. owner occupied business, that will be signing a short term sale-lease-back upon sale. This creates huge upside for future investors, while still receiv- ing reliable Incredible Value-Add opportunity by leasing 22,760 sq ft of warehouse space FINANCIALS Bullard Corporate Center 5555 Bullard Ave - New Orleans, LA Pricing Summary | 5555 Bullard Ave is being offered free and clear of debt for $3,600,000 Bullard Corporate Center: PRICING SUMMARY Listing Price: $3,600,000 Cap Rate: 9.58% Net Operating Income: $345,121 Warehouse Square Footage: 22,760 Value Add Opportunity Total Rentable Square Footage: 40,035 5555 Bullard Ave currently has 22,260 Price Per Square Foot: $90 Square Feet of space which is current- ly occupied by ownership. Ownership Percent Leased: 95% is willing to sign a Sale-Lease-Back agreement at $5.00/PSF. Owner- Total Land Area: 3.02 Acres ship will likely move his business down the road to a new facili- Year Renovated: 2002 ty being developed, and will sign a 1 year lease to allow Year Built: 1985 new ownership time to release the space. 5555 Bullard Ave - New Orleans, LA Bullard Corporate Center Lease Term Minimum Rent Annual Recovery Rent % of Lease Yrs. Wt. Avg. Tenant Suite GBA % Start End Annual Monthly PSF CAM Taxes Insurance Admin Revenue Remain Remain Jay’s Cleaners 1 1,200 5.0% 5/1/12 4/30/20 36,000 3,000 $18.00 1,363 1,768 737 205 13.1% 5.42 0.27 John Bagneris - State Rep 2 1,515 2.5% 11/1/14 10/31/21 13,200 1,100 $13.33 - - - - 4.3% - - The Royal Room 3 1,260 7.6% 1/1/14 12/31/21 24,000 2,000 $7.91 2,069 2,682 1118 310 9.8% 1.42 0.11 State Farm 4 2,965 3.8% 1/4/14 12/31/22 30,000 2,525 $19.87 - 1335 556 - 10.5% 1.00 0.04 Davita Dialysis** 5 4,160 18.8% 9/13/13 9/30/23 152,960 12,747 $20.29 12,828 16,630 6,930 - 62.2% 9.42 1.77 Vacant Retail Space 6 2,200 5.5% - - - - - - - - - - - - Warehouse Space 22,760 56.9% - - $113,800 $9,482 $5.00 - - - - - - - Total 40,035 100.0% $369,960 $30,830 $9.24 $16,261 $22,414 $9,341 $515 100.0% 1.31 3.93 Pro-Forma 2019 * The Retail space is separated from the 22,760 warehouse space on Davita Dialysis’ Lease, The retail tenants reimburse based on 17,250-Sqft.
Recommended publications
  • Facing the Future in St. Bernard Parish, Louisian: Planning and Development
    University of New Orleans ScholarWorks@UNO University of New Orleans Theses and Dissertations Dissertations and Theses Summer 8-1984 Facing the Future in St. Bernard Parish, Louisian: Planning and Development Gregory L. Chase University of New Orleans, [email protected] Follow this and additional works at: https://scholarworks.uno.edu/td Part of the Urban Studies and Planning Commons Recommended Citation Chase, Gregory L., "Facing the Future in St. Bernard Parish, Louisian: Planning and Development" (1984). University of New Orleans Theses and Dissertations. 1718. https://scholarworks.uno.edu/td/1718 This Thesis is protected by copyright and/or related rights. It has been brought to you by ScholarWorks@UNO with permission from the rights-holder(s). You are free to use this Thesis in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights- holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/or on the work itself. This Thesis has been accepted for inclusion in University of New Orleans Theses and Dissertations by an authorized administrator of ScholarWorks@UNO. For more information, please contact [email protected]. FACING THE FUTURE IN ST. BERNARD PARISH, LOUISIANA: PLANNING AND DEVELOPMENT A Thesis Submitted to the Graduate Faculty of the University of New Orleans In partial fulfillment of the Requirements for the degree of Master of Science in Urban Studies In The School of Urban and Regional Studies by Gregory L. Chase Bachelor of General Studies University of New Orleans, 1978 August 1984 ACKNOWLEDGMENTS I wish to express my sincere thanks to the members of my thesis committee, Dr.
    [Show full text]
  • Fiftioen Cents a Week. New Orleans, Thursday Morning, January 18, 1849 Volume I Number 374
    • FIFTIOEN CENTS A WEEK. NEW ORLEANS, THURSDAY MORNING, JANUARY 18, 1849 VOLUME I NUMBER 374. [From the N. Y. Literary World.] REMOVAL. ties of New Orleans are in league with the cabmen T>RIESTLEY & BEIN have removed their entire Stock FASHIONABLE DANCING ACADEMY WANTS. THE DAILY CHESCEN 21 Xttanljattaner in Nero GDrkane. and shoemakers." JL of HARDWARB.IRON. &C..&C-, ^ Who knows ! from No«. 19 New Levee and 36 and 40 LADIES' CALISTHENEUM : A S'TUATION WANTED-Br a »«vir. penevsrin« rllRLISHK» KVKKY l>AÏ—SUNDAYS «XCEITICU— THg MUNICIPALITIES—THIIR ARCHITECTURE AND I have often thought with pity of the New Or­ Tchoupitoulas street, to their New Stores, xA man. in s Grocery or WeMern Produce Store, u Ssles- PROMBNADKS. No8. 89 and 91 CA P Street, opposite APOLLO ROOMS, man, or I m any capacity in which he can make hinuelf ine Bv HAYES, M'OUTRE ft OO. leans-ward exiled lielles of Broadway, and Wasli- Natchez street, where they have on hand and are constantly CARONDELET 8T H E ET, NEAR UNION. fnl. salary not. so much an object a* immediateemployment * M. S. M < LIRH..J. C LARttg. .J. o. PltRSUX. [Below we give another of the clever sketches of itigfon, and Chestnut streets, so used to the pecu­ receiving by arrivals from Foreign and ^mestic Manufac­ Aw communication addrened to X. B„ Cranent Office. R. ST. MAUR STUART respectfully intimates to will be promptly attended to. \w* a Manhattaner in New Orleans. From his descrip­ liar delights of their own promenades. In some turers, full supplies of every description of GOODS in their > mine— No.
    [Show full text]
  • Pocket Calendar & Stakes Schedule
    2020-2021 POCKET SCHEDULE 149th THOROUGHBRED RACING SEASON NOVEMBER 2020 DECEMBER 2020 JANUARY 2021 SS M T W TH F SS SS MM TT WW TH F S S SS M TT WW THTH FF SS * * * * * * * * * 3 4 5 1 2 * * * * * * * 6 * * * 10 11 12 3 * * 6 7 8 9 * * * * * * * 13 * * 16 17 18 19 10 * * * 14 15 16 * * * * 26 27 28 20 * * * * * 26 17 18 * * 21 22 23 29 * 27 28 * * 31 24 * * * 28 29 30 31 FEBRUARY 2021 MARCH 2021 PROGRAMMING S M T W TH F S S M T TH F S NOVEMBER 26 S M T W TH F S S M T W TH F S THANKSGIVING CLASSIC DECEMBER 12 * * 3 4 5 6 * * * 4 5 6 LOUISIANA CHAMPIONS DAY (LA) 7 * * * 11 12 13 7 * * * 11 12 13 DECEMBER 19 SANTA SUPER SATURDAY * 15 16 * 18 19 20 14 * * * 18 19 20 JANUARY 16 ROAD TO THE DERBY KICKOFF DAY 21 * * * 25 26 27 21 * * * 25 26 27 FEBUARY 13 LOUISIANA DERBY PREVIEW DAY 28 28 * * * MARCH 20 LOUISIANA DERBY DAY POST TIME 1PM UNLESS STATED BELOW: POST TIME - 11:00 AM POST TIME - 12:00 PM \ GRADED STAKES DAYS (DEC. 12, JAN. 16, FEB. 13 & MAR. 20) POST TIMES ARE SUBJECT TO CHANGE. 2020-2021 THOROUGHBRED RACING SEASON STAKES SCHEDULE DATE PURSE STAKES RUNNING CONDITIONS DISTANCE / SURFACE NOV 26 125,000 THANKSGIVING CLASSIC 96th 3YO/UP 6 FURLONGS DEC 5 75,000 PAN ZARETA STAKES 55th 3YO/UP FILLIES & MARES 5 1/2 FURLONGS* (T) DEC 11 50,000 THE MAGIC CITY CLASSIC 10th 3YO/UP ONE MILE DEC 12 LOUISIANA CHAMPIONS DAY (LA) 100,000 LA CHAMPIONS DAY QH JUVENILE STAKES - GRADE II 30th 2YO 350 YARDS 100,000 LA CHAMPIONS DAY QH DERBY - GRADE III 30th 3YO 400 YARDS 100,000 LA CHAMPIONS DAY QH CLASSIC - GRADE II 30th 4YO/UP 440 YARDS 100,000 LA CHAMPIONS
    [Show full text]
  • Midwest Non-Deal Roadshow
    Midwest Non-Deal Roadshow Prepared For: Investor Relations (NASDAQ: CHDN) October 7-8, 2014 Bill Mudd, President and CFO Mike Anderson, VP Finance & IR / Treasurer Forward-Looking Statements This document contains various “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the “Act”) provides certain “safe harbor” provisions for forward-looking statements. All forward-looking statements are made pursuant to the Act. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management’s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “hope,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable,
    [Show full text]
  • The Big Easy and All That Jazz
    ©2014 JCO, Inc. May not be distributed without permission. www.jco-online.com The Big Easy and All that Jazz fter Hurricane Katrina forced a change of A venue to Las Vegas in 2006, the AAO is finally returning to New Orleans April 25-29. While parts of the city have been slow to recover from the disastrous flooding, the main draws for tourists—music, cuisine, and architecture—are thriving. With its unique blend of European, Caribbean, and Southern cultures and styles, New Orleans remains a destination city for travelers from around the United States and abroad. Transportation and Weather The renovated Ernest N. Morial Convention Center opened a new grand entrance and Great Hall in 2013. Its location in the Central Business District is convenient to both the French Quarter Bourbon Street in the French Quarter at night. Photo © Jorg Hackemann, Dreamstime.com. to the north and the Garden District to the south. Museums, galleries, and other attractions, as well as several of the convention hotels, are within Tours walking distance, as is the Riverfront Streetcar line that travels along the Mississippi into the Get to know popular attractions in the city French Quarter. center by using the hop-on-hop-off double-decker Louis Armstrong International Airport is City Sightseeing buses, which make the rounds about 15 miles from the city center. A shuttle with of a dozen attractions and convenient locations service to many hotels is $20 one-way; taxi fares every 30 minutes (daily and weekly passes are are about $35 from the airport, although fares will available).
    [Show full text]
  • Living Blues 2021 Festival Guide
    Compiled by Melanie Young Specific dates are provided where possible. However, some festivals had not set their 2021 dates at press time. Due to COVID-19, some dates are tentative. Please contact the festivals directly for the latest information. You can also view this list year-round at www.LivingBlues.com. Living Blues Festival Guide ALABAMA Foley BBQ & Blues Cook-Off March 13, 2021 Blues, Bikes & BBQ Festival Juneau Jazz & Classics Heritage Park TBA TBA Foley, Alabama Alabama International Dragway Juneau, Alaska 251.943.5590 2021Steele, Alabama 907.463.3378 www.foleybbqandblues.net www.bluesbikesbbqfestival.eventbrite.com jazzandclassics.org W.C. Handy Music Festival Johnny Shines Blues Festival Spenard Jazz Fest July 16-27, 2021 TBA TBA Florence, Alabama McAbee Activity Center Anchorage, Alaska 256.766.7642 Tuscaloosa, Alabama spenardjazzfest.org wchandymusicfestival.com 205.887.6859 23rd Annual Gulf Coast Ethnic & Heritage Jazz Black Belt Folk Roots Festival ARIZONA Festival TBA Chandler Jazz Festival July 30-August 1, 2021 Historic Greene County Courthouse Square Mobile, Alabama April 8-10, 2021 Eutaw, Alabama Chandler, Arizona 251.478.4027 205.372.0525 gcehjazzfest.org 480.782.2000 blackbeltfolkrootsfestival.weebly.com chandleraz.gov/special-events Spring Fling Cruise 2021 Alabama Blues Week October 3-10, 2021 Woodystock Blues Festival TBA May 8-9, 2021 Carnival Glory Cruise from New Orleans, Louisiana Tuscaloosa, Alabama to Montego Bay, Jamaica, Grand Cayman Islands, Davis Camp Park 205.752.6263 Bullhead City, Arizona and Cozumel,
    [Show full text]
  • CURRICULUM VITAE Name Birth Date and Place John D. Fair
    CURRICULUM VITAE Name Birth Date and Place John D. Fair September 6, 1943 Waynesboro, Pennsylvania, U.S.A. Married Children Sarah Patterson Fair Jonathan Oliver Fair (b. 1982) Philip Alexander Fair (b. 1985) Address 759 Karlee Court, Auburn, AL 36830 (478) 986-9286 or [email protected] or The H. J. Lutcher Stark Center for Physical Culture & Sports, NEZ 5.700, 1 University Station, D3600, Austin, TX 78712 (512) 471-0995 [email protected]. Education B.A. Juniata College, Huntingdon, Pennsylvania, 1965 M.A. Wake Forest University, Winston-Salem, North Carolina, 1966 Thesis: "Women's Suffrage in Great Britain, 1913-1918" Ph.D. Duke University, Durham, North Carolina, 1970 Dissertation: "The Role of the Conference in British Politics, 1884-1918" Areas of Specialization British Political and Constitutional History Modern Irish History British Empire and Commonwealth Twentieth Century American (Physical Culture & Sport) History Southern History Teaching Experience Instructor of History, York College of Pennsylvania, York, Pennsylvania, 1967. Instructor of History, Millersville University of Pennsylvania, Millersville, Pennsylvania, 1968. Assistant Professor of History, Virginia Polytechnic Institute & State University, Blacksburg, Virginia, 1969-1971. Assistant Professor of History, Auburn University at Montgomery, Montgomery, Alabama, 1971-1975. Associate Professor of History, Auburn University at Montgomery, Montgomery, Alabama, 1975-1981. Visiting Professor of History, University of Maine at Orono, Orono, Maine, Summer, 1981. Professor of History, Auburn University at Montgomery, Montgomery, Alabama, 1981-1989, Professor and Head, 1989- 1995, Alumni Professor and Head, 1995-1997 Professor of History & Chair, Georgia College & State University, Milledgeville, Georgia, 1997-2002 Professor of History, Georgia College & State University, Milledgeville, Georgia, 2002-2012 Adjunct Professor of Kinesiology, University of Texas, Austin, 2012-.
    [Show full text]
  • Zur Ökonomik Von Spitzenleistungen Im Internationalen Sport
    Zur Ökonomik von Spitzenleistungen im internationalen Sport Martin-Peter Büch, Wolfgang Maennig und Hans-Jürgen Schulke (Hrsg.) EDITION HWWI Hamburg University Press Zur Ökonomik von Spitzenleistungen im internationalen Sport Reihe Edition HWWI Band 3 Zur Ökonomik von Spitzenleistungen im internationalen Sport Herausgegeben von Martin-Peter Büch, Wolfgang Maennig und Hans-Jürgen Schulke Hamburg University Press Verlag der Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky Impressum Bibliografische Information der Deutschen Nationalbibliothek Die Deutsche Nationalbibliothek verzeichnet diese Publikation in der Deutschen Nationalbibliografie; detaillierte bibliografische Daten sind im Internet über http://dnb.d-nb.de abrufbar. Die Online-Version dieser Publikation ist auf den Verlagswebseiten frei verfügbar (open access). Die Deutsche Nationalbibliothek hat die Netzpublikation archiviert. Diese ist dauerhaft auf dem Archivserver der Deutschen Nationalbibliothek verfügbar. Open access über die folgenden Webseiten: Hamburg University Press – http://hup.sub.uni-hamburg.de PURL: http://hup.sub.uni-hamburg.de/HamburgUP/HWWI3_Oekonomik Archivserver der Deutschen Nationalbibliothek –https://portal.dnb.de/ ISBN 978-3-937816-87-6 ISSN 1865-7974 © 2012 Hamburg University Press, Verlag der Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky, Deutschland Produktion: Elbe-Werkstätten GmbH, Hamburg, Deutschland http://www.ew-gmbh.de Dieses Werk ist unter der Creative Commons-Lizenz „Namensnennung- Keine kommerzielle Nutzung-Keine
    [Show full text]
  • 5555 Bullard Ave New Orleans, LA Investment Advisors
    JDS Real Estate Services Bullard Corporate Center 5555 Bullard Ave New Orleans, LA Investment Advisors ENRI PINTO VP of National Sales CONFIDENTIALITY Miami Office AND DISCLOSURE Phone: 305-924-3094 [email protected] The information contained in the following Offering Memorandum (“OM”) is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Apex Capital Realty and should not be made available to any other person, entity, or affiliates without the written consent of Apex Capital Realty. By taking possession of and reviewing STEVEN VANNI the information contained herein the recipient agrees to hold and treat all such information Managing Director in the strictest confidence. The recipient further agrees that recipient will not photocopy or Miami Office duplicate any part of the offering memorandum. If you have no interest in the subject prop- Phone: 305-989-7854 erty at this time, please return this offering memorandum to Apex Capital Realty. This OM has been prepared to provide summary, unverified information to prospective purchasers, [email protected] and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Apex Capital Realty has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial per- TONY SOTO formance of the property, the size and square footage of the property, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, Commercial Advisor or any tenant’s plans or intentions to continue its occupancy of the subject property.
    [Show full text]
  • Jefferson Parish
    JEFFERSON PARISH 2015 MULTIJURISDICTIONAL HAZARD MITIGATION PLAN UPDATE MARCH 2015 Table of Contents Section 1 Executive Summary 6 1.1 Organization of the Plan 7 1.2 Background 7 1.3 Hazards and Risks 8 1.3.1 Hazards 8 1.3.2 Risks 9 1.4 Summary of Goals, Objectives, Strategies and Actions 9 1.4.1 Hazard Mitigation Goals 9 1.4.2 Hazard Mitigation Objectives 10 1.4.3 Hazard Mitigation Strategies 10 1.4.4 Action Items 11 1.5 The Planning Process 11 1.6 Approval and Adoption Process 12 1.7 Implementation Process 12 1.8 Monitoring and Updating Processes 12 Section 2 Background 13 2.1 Introduction 13 2.1.1 Scope of the Plan 13 2.2 Organization, Objectives and Mission 14 2.3 Background Information 15 2.3.1 Geography 15 2.3.2 Parish History 18 2.3.3 Climate 19 2.3.4 Transportation 19 2.3.5 Community Assets 19 2.3.6 Population and Growth 21 2.4 The Louisiana State Hazard Mitigation Plan 24 Section 3 Planning Process 25 3.1 Interim Final Rule Requirements 25 3.2 Federal Mitigation Planning Requirements 26 3.3 Description of the Planning Process 27 3.3.1 How the Plan was Prepared and Updated 27 3.3.2 Step 1 – Organize Resources 28 3.3.3 Step 2 – Assess Risks 31 3.3.4 Step 3 – Identify and Scope Potential Projects 31 3.3.5 Step 4 – Develop the Mitigation Plan 32 2 3.3.6 Step 5 – Implement Plan and Monitor Progress 32 3.4 How the Public and Jurisdictions were Involved 32 3.5 Other Local Planning Mechanisms 33 3.6 Review/Incorporation of Plans, Studies, Reports, and 34 other information Section 4 Hazard Identification, Ranking, and Risk Assessments
    [Show full text]
  • Professional Sports, Hurricane Katrina, and the Economic Redevelopment of New Orleans
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Baade, Robert A.; Matheson, Victor A. Book Part Professional sports, hurricane Katrina, and the economic redevelopment of New Orleans Provided in Cooperation with: Hamburg Institute of International Economics (HWWI) Suggested Citation: Baade, Robert A.; Matheson, Victor A. (2012) : Professional sports, hurricane Katrina, and the economic redevelopment of New Orleans, In: Büch, Martin-Peter; Maennig, Wolfgang; Schulke, Hans-Jürgen (Ed.): Zur Ökonomik von Spitzenleistungen im internationalen Sport, ISBN 979-3-937816-87-6, Hamburg University Press, Hamburg, pp. 123-146 This Version is available at: http://hdl.handle.net/10419/61514 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. http://creativecommons.org/licenses/by-nc-nd/2.0/de/ www.econstor.eu Reihe Edition HWWI Band 3 Robert A.
    [Show full text]
  • 2017 Continuing Disclosure Report
    MATERIAL EVENT NOTICE COVER SHEET This cover sheet and material event notice should be sent to the Municipal Securities Rulemaking Board or to all Nationally Recognized Municipal Securities Information Repositories, and the State Information Depository, if applicable, pursuant to Securities and Exchange Commission Rule 15c2-12(b)(5)(i)8) and (D). Issuer's and/or Other Obligated Person's Name: Ernest N. Moria! New Orleans Exhibition Hall Authority, New Orleans, Louisiana Issuer's Six-Digit CUSIP Number(s): See attached --------------------------------------------------------- or Nine-Digit CUSIP Number(s) to which this material event notice relates: ---=-S-=-ee=--=att=ac::..:.h.:...:e-=d______ _____________ Number of pages of attached material event notice: ~ Description of Material Event Notice (Check One): 1. Principal and interest payment delinquencies 2. Non-payment related defaults 3. Unscheduled draws on debt service reserves reflecting financial difficulties 4. Unscheduled draws on credit enhancements reflecting financial difficulties 5. Substitution of credit or liquidity providers, or their failure to perform 6. Adverse tax opinions or events affecting the tax-exempt status of the security 7. Modifications to ri ghts of security holders 8. Bond calls 9. Defeasances 10. Release, substitution, or sale of property securing repayment of the securities 11. Rating changes 12. Failure to provide annual financial information as required 13. X Other material event notice (spec ifY) 20 17 Continuing Disclosure Report that,. I am authorized by the issuer or its agent to distribute this information publicly: Signature: Date: 06/3 0118 Name: Alita G. Caparotta Title: Vice President, Finance & Administration Employer: Ernest N. Moria! New Orleans Exhibition Hall Authority Address: 900 Convention Center Boulevard City, State, Zip Code New Orleans, LA 701 30 Voice Telephone Number: ----'-'(5'--'0'--'4.L)-=-- 5-=--82__ --=--3-=--02 _2_____________ ___ ___ _______ Please print the material event notice attached to this cover sheet in 10-point type or larger.
    [Show full text]