Thursday, August 2, 2012

TNP’s Sponsored DST Acquires New Class A Office Building, SAIC, in Beavercreek, OH


IRVINE, CA – Thompson National Properties, LLC (TNP) announced the acquisition of 3745 Pentagon Blvd. (top left photo)., an 86,928-square-foot Class A office building in the Beavercreek submarket of Dayton, Ohio, on behalf of 1031 exchange investors.

TNP has successfully sponsored 10 Delaware statutory trust (DST) programs on behalf of approximately 500 DST investors since late 2008. The acquisition was financed by American National Insurance Company. The loan was originated by Wally Reid and Kelly Layne of HFF’s Houston office.

A grand opening ribbon cutting ceremony took place on July 26 at 1:30 p.m. with speakers that included Ohio Lieutenant Governor Mary Taylor, Senator Chris Widener and Stu Shea (lower right photo), SAIC Chief Operating Officer.

“The new facility in Beavercreek will enable SAIC to expand our existing capabilities to align with the Air Force’s UAS research and development and testing vision,” said Shea. “This expansion will continue to bring new jobs to the region within the next few years.”

For a complete copy of the company’s news release, please contact:

Jill Swartz

Realty Capital Markets' Main Investment Themes: Flight to Quality and Safety

CHICAGO, IL  - Mortgage markets follow the law of gravity, moving downward without too much interruption.  Funding sources are less concerned about returns, and more focused of return of capital with mortgages offering brick-and-mortar collateral vs. other types of investments. 

Flight to quality and safety are the main investment themes in the realty capital markets based on the following discussion points:

Benchmark Rates - For now, no acceptable alternative to short-term indexes to replace the troubled LIBOR index.   Despite problems, LIBOR remains a steady indicator for the markets to use for floating rate debt.  On the longside of the yield curve, US Treasuries are in demand as investors fear major global economies are still fragile.  Mortgage rates continue to hover at v ery low yields based on such benchmark rates -- the 10-year treasury hit a record-low level of 1.39% on July 24th.

CME Recovery - Demand for new U.S. homes fell in June from a two-year high,  ndicating the housing recovery will be uneven.  Thus, apartment properties are a really safe bet in the foreseeable future.  Rising occupancy levels in most markets and increasing rents in the multifamily sector dampened overall levels of distressed sales, helping lift commercial property pricing. Various brokerage firms are nationally claiming high transactions volumes, the best performances since the Great Recession.  More recently, the demand for lower-grade, smaller income properties is now approaching similar demand levels as seen for institutional-quality properties.

Competition - Everyone's in the funding arena for long and short mortgage dollars.  Funding sources are all over the board, often overlapping.  The banks moving into 10-year funding programs, while life companies enter the shorter-term, floating-rate programs as yields below 4% seem to shift interest away from funding long-term debt.  But the biggest concern within the real estate lending industry is how to prudently invest in long-term debt based upon short-term interest rate trends.  In other words, should balance-sheet lenders originate longer-term debt on their books only to lose money as rates rise beyond 2014 per Fed Policy statements?

The answer might be found on Wall Street.  The Street remains the key marketplace for transferring rate risk to investors instead of holding mortgages on lender balance sheets.  The mortgage conduit is definitely back.  CMBS lenders aggressively bid for properties with owners seeking full leverage and longer amortization schedules. The pricing threshold still remains about 25 to 50 basis points higher than Life insurance companies and other traditional long-term nonrecourse lenders. However, a strong demand exists for this product as life insurance companies remain selective on the quality of their asset loan portfolio versus maximizing pricing.

Jeanne Peck (top right photo), the Research Director of the Real Estate Capital Institute,  notes, "It's a mid-summer night's dream to be a borrower today.  Low interest rates, ample availability of funds and lenders willing to finance wider range of properties as few other fund-type funding alternatives are available."

She adds, "The real question, to lend or not to lend with such ow interest rates?"

The Real Estate Capital Institute(r) is a volunteer-based research organization that tracks realty rates data for debt and equity yields.  The Institute posts daily and historical benchmark rates including treasuries, bank prime and LIBOR.

Furthermore, call the Real Estate Capital RateLine at
7RE-CAPITAL (773-227-4825) for hourly rate updates.

The   Real Estate Capital Institute(r)
3517 West Arthington Street
Chicago, Illinois USA 60624
Contact: Jeanne Peck, Executive Director

Prices For Well Located Older Apartments Inches Up!


ORLANDO, FL – Smith Equities Real Estate Investment Advisors (SEREIA) has closed on a 16 unit multifamily property (top left photo) located in Longwood Florida.

Robert E. Smith (middle right photo), CCIM and Derek Smith (lower left photo), both of Smith Equities Real Estate Investment Advisors, exclusively listed and marketed the 16-unit apartment property.

Mark Raponi, of Resource Realty Services, Inc. represented the buyer in this transaction. “The single story buildings are in an excellent location. With all the major capital improvements planned by the Purchaser, the property will achieve a brand new feel.“ said Raponi

“Our Philosophy is simple: We use our experience and tools, developed within the multifamily industry, to help our customers get what they’re looking for in any deal,” explained SEREIA president Robert E. Smith, CCIM. “We thrive in the multifamily industry because we have the experience and knowledge of what it takes to get deals done.”

KIWI Apartments was originally built in 1970 and consists of four well-built concrete block, single story four-unit buildings which were 81% occupied at the time of closing. It was purchased in cash for $620,000 ($38,750 per unit). All 16 units are 2 bedrooms 1 bathroom 945 SF with identical floor plans.

“It is encouraging to know that we were an integral part in helping both sides come to a successful conclusion on this deal,” stated Derek Smith, the newest member of Smith Equities Real Estate Investment Advisors. “This result is what drives our passion in the industry; this is what makes this business so much fun.”


Robert E. Smith, CCIM, Broker
Ph: (407) 422-0704 ext. 101
Cell: (407) 496-8575

Derek Smith
Broker Associate
Ph: (407) 422-0704 ext. 112
Cell: (321) 230-2599

Smith Equities Real Estate Investment Advisors
350 East Pine St
Orlando, Fl 32801


STAG Industrial, Inc. Announces Acquisition of a $11.3 Million Warehouse and Distribution Facility in Atlanta, GA

BOSTON, MA /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) announces the acquisition of an approximately $11.3 million, 407,981 square foot, warehouse and distribution facility located in Atlanta, Georgia.

The building is 100% leased to Empire Distributors, Inc. with a remaining lease of 9 years. 

Empire Distributors, Inc. engages in the wholesale alcoholic beverage distribution business in the Southeast United States. 

Empire distributes wines, spirits, beer, and non-alcoholic beverages in the states of Georgia, North Carolina, and Tennessee.  This property serves as the company's headquarters facility and the main distribution point for the state of Georgia.

This acquisition brings STAG's total 2012 acquisition volume to approximately $130 million.

For a complete copy of the company’s news release, please contact:

 Gregory W. Sullivan,
Chief Financial Officer,
STAG Industrial, Inc.,

T5 Data Centers in Atlanta Adds Industry Veteran Joseph Parrino

ATLANTA, GA – T5 Data Centers, an owner and operator of wholesale and powered shell data centers across the United States, is proud to announce the addition of Joseph Parrino (top right photo) to its team as Senior Vice President – Data Center Operations. 

Joe will be responsible for 100% uptime across all of T5’s data centers and will be the technical liaison between T5 and its tenants.  Joe was previously Senior Manager of Facilities at the UPS Windward Data Center in Alpharetta GA, the first Tier IV data center in the world, which he managed for over 13 years.
“Joe is extremely well respected in the data center operations world and we are thrilled to have a seasoned professional with his depth of experience join T5,” said Pete Marin, President, T5 Data Centers.  

For more information, visit or contact them at 404-239-7144.

For a complete copy of the company’s news release, please contact:

Tony Wilbert
Wilbert News Strategies, LLC
404-888-3091 / 404-405-3656

Colliers South Florida Leases 100,000 SF at Quadrant Business Center in Deerfield Beach, FL

MIAMI, FL, August 2, 2012 - Over the past 12 months, occupancy at Quadrant Business Center (top left photo) located at 350 - 650 SW 12th Avenue, Deerfield Beach, FL has improved by approximately 50%.

Exclusive listing brokers Robert Listokin (middle right photo), SIOR and Clinton Casey (lower left photo), with Colliers International South Florida, have signed on four large users and several smaller tenants, totaling approximately 100,000 square feet of executed leases over the past year.

"An aggressive marketing plan, along with incentives for co-brokers, brought awareness to the market, and tenants to the building," says Listokin. "The property owners, State Teachers Retirement System of Ohio, one of the premier public pension systems in the nation, has owned Quadrant Business Center for over 15 years.

“They are well funded and active landlords which has enabled them to maintain the property in excellent condition and accommodate existing and new tenants' requirements as needed."

New tenants at the property include Coverall North America, Breezer Holdings, Guardian Pharmacies and Blue Ocean Ventures. All will be corporate headquarters locations except for Guardian Pharmacies, which has several locations throughout the country.

The property still has office and warehouse space available for lease. A free-standing 83,000+ square foot warehouse/showroom building featuring direct I-95 frontage, dock height loading, fully air conditioned and heavy power is still available.

This space is divisible to as small as 10,000 square feet and is ready for quick occupancy. Additionally, there are several options ranging from 2,100 square feet to 12,000 square feet which offer 100% office build outs, excellent parking ratios and separately metered electric. The property offers quick and easy access to I-95, Florida's Turnpike and the Sawgrass Expressway.


Crystal Proenza
Vice President of Marketing
 Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138