RESUME OF REGENSTREIF TEAM - NNNDeal.com · RESUME OF REGENSTREIF TEAM “I have achieved my...
Transcript of RESUME OF REGENSTREIF TEAM - NNNDeal.com · RESUME OF REGENSTREIF TEAM “I have achieved my...
RESUME OF REGENSTREIF TEAM
“I have achieved my success by not only serving my clients by maximizing their returns during a growing market, but have maintained and nurtured those relationships during one of the most financially challenging times in the last decade. I make sure to stay the course, by combining a custom strategy for every listing, make sure to provide unparalleled professionalism and integrity, and never lose sight of who I work for.”
~ Lior Regenstreif
Lior Regenstreif is a Senior Director of the National Retail Group
of Marcus & Millichap Commercial Real Estate Investment
Services and a First Vice President, Investments of Marcus &
Millichap. Since joining the firm originally in 1997; he established
himself as one of the top producers in Single Tenant Sale
Leasebacks. In the last 8-years alone, he has ranked as one of the
Top 30 Producing Agents for the Firm, and for 7 consecutive
years, he has ranked as the office’s No. 1 listing agent. He is the
founder of NNNDeal.com, one of the most frequented commercial
real estate websites in the Country. Through out 2013 he
continued to maintain his ranking of one of the top performing
agents in the entire firm (Top 30 Expert Professionals, within the
Encino Office). He and his team with a combined 45-years of
professional commercial real estate experience have closed over
$2.70 (Bil) dollars in single tenant and retail center. Lior was
recognized as one of the "Top 10 Retail Professionals" for Marcus
& Millichap, Encino, California reigning from 2007 thru 2013.
First Vice President Investments
Senior Director, National Retail Group
ABOUT LIOR REGENSTREIF
Proven Professional Relationships: Long-term proven repeat relationships
with private investors, developers, institutional investors, brokers
nationwide, REITS and lending institutions. A private, active database of
over 65,000 contacts of registered clientele.
Performance: Repeatedly being acknowledged by the firm for ranking
top in sales and listings. Often consulted by land developers and REITS to
underwrite and research market trends in advance of delivery, keeping ahead
of the market trend.
Service: A successful business model and mission allows the Regenstreif
Team to communicate effectively with sellers, buyers and developers,
priding themselves on allowing ease to information and accessibility in
communication so that transactions move smoothly. The Regenstreif Team
has an overall 88% close rate, a true accomplishment in an industry that
claims less than an overall 40% close rate.
Analysis Underwriting: Str ict attention is given to underwr iting
analysis and valuation of assets to maximize return on sale. The process
takes into consideration market shifts in today’s economic climate, capital
availability surrounding demographics, tenancy strength, terms of lease
(including tenant credit strength), on market and comparable sales, lease
rates and current vacancy factors. Market conditions are unique to each
region and much dedication of time is given to research the trends of specific
regions.
ABOUT LIOR REGENSTREIF
UNIQUE VALUE ADDED QUALIFICATIONS
THE REGENSTREIF TEAM
MNet Marcus & Millichap Network
of Exclusive Listings
National Retail Group Specialized Team of
Retail Agents
Marcus & Millichap Capital Corp. Financial Solutions
From Nationwide Capital Sources
Research Services National, Local and Submarket Analysis
Major Account Services Marketing Support and Materials
External Brokerage
Community
In addition to a network of national
agents, The Regenstreif Team also
has access to electronic sales aids of
more than 25 separate networks,
search engines and publications, to
further provide full-service customer
service second-to-none in the
industry. In order to accomplish this,
Lior employs a team of very capable
full-time administrators and analysts.
Furthermore, when necessary, he
expands this team to meet the needs
of any particular client or project.
The full time permanent staff team
members are:
EXCLUSIVE FOCUS
PROVIDES CLIENTS
WITH SUPERIOR
MARKET KNOWLEDGE
Lior Regenstreif First Vice President, Investments Senior Director, National Retail
Group
Rebekah Z Wallack Senior Research Analyst
Justin Rappel Associate
Jesica Ocheltree Operations
Manager
Danny Abergel Director, Finances
Heather Elsner
Brokerage Administrator
Josh Snyder Associate
Leilani Tedeski Associate
“Hard work and commitment to a common goal were the cornerstones of our championship teams at USC. These fundamentals are easily applied to Real Estate sales, and help me provide a competitive edge and maximum exposure for the clients I represent. .”
~ Justin Rappel
Justin Rappel, Associate, joined the Marcus & Millichap family in fall 2011. His competitive nature and drive quickly got the attention of the Regenstreif Team, where he then trained to be a specialist in representing buyers and sellers of Single Tenant Net Leased Properties. Justin quickly emerged as a knowledgeable and effective ambassador to the Regenstreif Team, closing several transactions in his first year. Justin quickly became familiar not only with core markets across the country, but with the skills and practices which encourage timely closings and favorable terms for his clients, including assisting his buyers in effectuating successful and seamless 1031-exchanges. Justin has wasted no time in building relationships with net leased owners on a national scale, and has focused on expanding the reach of the Team. He has focused primarily on acquisitions and dispositions of fast food properties across the country, a specialty niche among the Regenstreif Team. Justin has gotten off to a running start in the field, taking advantage of the Team’s combined 38-years experience, and has quickly differentiated himself as among the most dedicated and hard working single tenant agents the firm has to offer.
Justin is a graduate of the University of Southern California (USC), where he received a Bachelor’s Degree in Policy, Planning & Development. He played Water Polo for the Trojans, and helped his team win consecutive division 1 NCAA championships in his Junior and Senior years. To this day, he remains the 12th leading scorer ever to play water polo at USC.
While at USC, Justin also played Water Polo for various National Teams, competing internationally in 9 European Countries, and representing the United States in the Junior World Championships in 2009. Upon graduating from USC, Justin played water polo professionally in Australia before directing his focus toward commercial real estate sales.
Justin is a Member of Marcus & Millichap’s National Retail Group and a member of the International Council of Shopping Centers (ICSC).
ABOUT JUSTIN RAPPEL
EXECUTIVE SUMMARY
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2008 Marcus & Millichap.
“I made the transition from Film to Real Estate because I wanted both a challenging career, and the opportunity to be in an ever changing and dynamic industry that is at it’s heart knowledge based.”
~ Joshua Snyder
Josh Snyder, Associate, joined the Marcus & Millichap family in fall 2013 after a rigorous intake process. His relationship-centered focus and competitive nature made him a perfect fit for the Regenstreif Team, where he has trained as a specialist in representing buyers and sellers of Single Tenant Net Leased Industrial and Office Properties, a rather under represented niche in the investment real estate industry. His desire to succeed and attention to detail has given him the competitive edge and will contribute to his future success.
Josh’s focus on the Industrial, Office and Government sectors of the Single Tenant Net Leased market has distinguished him as a sought after resource, and has contributed to the broad reach and scope of the Regenstreif Team. He has quickly become familiar with key markets across the country, as well as the proficiency and skills that can allow for timely closings and favorable terms for his clients.
Josh is a graduate of Willamette University in Salem, Oregon where he received a Bachelor’s Degree in English.
Before launching his career in commercial real estate, Josh worked in motion picture marketing in the film industry for various studios, including The Walt Disney Studios and Universal Pictures. His time working in entertainment allowed Josh to utilize his intense work ethic where he thrived in a demanding and fast-paced work environment. These same attributes have contributed to his continued and growing success in commercial real estate and with the Regenstreif Team.
ABOUT JOSH SNYDER
EXECUTIVE SUMMARY
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2008 Marcus & Millichap.
“I like to think that training for and participating in a triathlon is similar to being dedicated to bringing a listing to a successful close. There are many moving parts, and many aspects and complete focus must be attended to simultaneously in order to succeed.”
~ Leilani Tedeski
ABOUT LEILANI TEDESKI
Leilani Tedeski, Associate, joined the Encino office of Marcus & Millichap in 2013, bringing 25 years of valuable corporate and real estate background experience with her. Leilani commenced her professional career negotiating multi-million dollar contracts and analyzing financial project costs while working at internation-al aerospace, construction and engineering firms located in southern California. She learned the value of investing in real estate while working in the corporate world and elected to focus her energies full-time towards real estate in 2003. Since then, Leilani has worked in the residential and commercial segments of the industry and has excelled in her new career as a result of her unmatched work ethic, unwavering dedication, steadfast customer service, integrity and desire for excellence. Leilani’s competitive nature drives her to be the best in her busi-ness. By joining the nation’s original retail single tenant NNN sales team and backed by the top nationwide commercial real estate brokerage firm, Leilani strategically positioned herself with the critical resources, experience and marketing platform re-quired to maximize the benefits and results demanded by her clients. This collaborative and skillful team approach delivers the competitive edge necessary to close difficult transactions and in turn, exceed client expectations. Leilani takes pride in being accountable, accessible and taking responsibility for all aspects of her work thereby earning the allegiance and respect from her clients. Leilani graduated from California State University, Northridge in 1988 with a Bachelor of Science Degree in Business Administra-tion. She realizes the importance and benefits that expertise can garner in investment real estate. From 1031 Tax Deferred Exchanges to Insurance to NNN lease structures, Leilani contin-ues to build her knowledge base by attending seminars, confer-ences, webinars and classroom lectures. Leilani is also current-ly pursuing her CCIM Certification.
When Leilani is not working, she enjoys cross fit, swimming, run-ning, golf and also competes in short-and-long distance triathlon events.
EXCLUSIVE CLIENTS
INSTITUTIONAL CLIENTS
PLACING THEIR TRUST IN
THE REGENSTREIF TEAM
Suntrust Capital Markets Wachovia Capital Markets
IStar Financial Regency Centers
Debartelo Development Benderson Development
Simon Property Group United Trust Fund
GE Franchise Finance National REIT Properties (Formerly CNL)
GMAC Red Mountain Retail Group
MidTown Niki Real Estate Group
Allied Commercial
Cole Capital Partners S/T/O/R/E
Combined Properties Black Equities
NATIONAL TENANTS
REPRESENTED BY
THE REGENSTREIF TEAM
OFFERING KNOWLEDGABLE AND SPECIFIC
LEASE ANALYSIS and/or CREATION
CLIENT TESTIMONIALS
“... You and your team’s professionalism, courtesy and attention to detail made what was a difficult process with this particular site easier. Your integrity and consistent communication with our offices during each step of the way was much appreciated…”
~ Jon Adamo—National Retail Prop
“On behalf of CMI Management… this transaction was one of the most difficult we’ve ever engaged in, it was obvious you made it your personal mission to make it run as smoothly as possible and you informed us every step of the way…”
~ Eric Guefen—CMI Management
“… I have appreciated getting to know you these past several months… You and your team’s professionalism, courtesy and attention to detail made the transaction a pleasure. You are a gentleman to work with…”
~ G. Owen Brown—Retail Planning Group
"...Lior has brought value to this transaction and has proven unwavering loyalty and perseverance in moving the portfolio forward… we look forward to working with him again in the future….”
~ J. Galiher—Preferred Freezer
“Lior and his team have been diligent and on-top of every step of the process that brought our deal to fruition. He and his team were a pleasure to work with.”
~ Bill Lloyd—RKM Development
“The Regenstreif Team was knowledgeable about the tenant and responsive to our disposition needs. They assisted us with under writing the value of the asset and provided insightful analysis allowing us to make educated decisions about the disposition of the asset. They were professional, courteous, and possessed excellent management skills. We will use them again.”
~ Ilan Konover— LRC Realty
"Lior Regenstreif, and associates have provided unsurpassed service, insight, and deal making skills, in multiple large transactions that Allied Retail Partners, LLC has completed with the group.”
~ Douglas T. Beiswenger—Allied Retail
Partners LLC
"I was very pleased with the results you have achieved. You were a pleasure to work with and I would highly recommend your services to anyone. I found your brokerage skills excellent and your approach with us very straightforward looking forward to working with you again.”
~ Dr. Alexander Basch—1031 Buyer
"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible.”
~ Brian Fagan—Selective Real Estate
Investments
“The Regenstreif Team was highly responsive, timely, professional and proactive in making sure our needs were met. Lior and his staff were courteous and offered a brokerage service that was second to none. We look forward to our next transaction with Lior Regenstreif and his Team of commercial real estate professionals.”
~ STORE Capital—General Counsel
Recognition and Awards
Recipient of National Achievement Award 2012, 2013
Top Ranked Retail Expert for Every Month of 2011 thru 2013
Pace Setter Award Winner 2010 thru 2013
No. 1 Listing Agent, 2008 thru 2013 Encino, California
2009, 2010, 2013 San Fernando Valley Business Journal Top Performing Professional Finalist
Sales Achievements
Ranked No. 1 Single Tenant Agent out of Encino Office for Last 7 Years Running
No 1 Selling Agent in Encino, California office from 2007 thru 2013
Reports an 88% historical transaction success rate in an industry that reports a 40% success rate
Investment Expertise
Nationwide single tenant investment exposure
Nationwide sale leaseback transactions and lease underwriting advisory services
Portfolio disposition expertise
Founder of one of the most vastly visited commercial real estate websites in the country, NNNDeal.com
AWARDS & ACKNOWLEDGEMENTS
Success is measured by client results
and satisfaction. Lior Regenstreif
leads a team of highly qualified
professionals to design an under
writing and marketing strategy that
maximizes return for each seller they
represent. Few commercial agents can
compete with the successful track
record of the Regenstreif Team, and he
has been acknowledged for his success
accordingly:
AWARDS & ACKNOWLEDGEMENTS
PRESS RELEASE—MAKE THE MARKET
NEWSROOM PRESS RELEASE:
January 14, 2014, Adam Christofferson, Regional Managing Director, of Marcus & Millichap’s, Encino office, is pleased to announce the sale of a Burger King , Elk Grove, California which sold for a market making 5.09% cap rate with 3 years remaining on the base term of a triple net lease. Justin Rappel, co-listing agent on the transac-tion indicated that pricing the site aggressively was something he felt strongly about, even though the published comparable sales stressed otherwise. He felt strongly about the location of the real estate and the units longevity in the region . “Justin’s professional focus on fast food and casual dining single tenants, puts him in the unique position of understanding the pulse of the market”, stated Lior Regenstreif, First Vice President, Investments for Marcus & Millichap’s Encino office. Lior went on to say, “With this knowledge Justin can assess the market ‘s supply and demand , make educated predictions about proforma and generate an offering that truly maximizes the exit strategy for the Seller.”
It is this kind of dedication and attention to the nuances of the commercial industry that the Regenstreif Team was able to make the market with this transaction. Join us in congratulating Justin Rappel and Lior Regenstreif in another successful closing.
PRESS RELEASE—MAKE THE MARKET
NEWSROOM PRESS RELEASE:
TWO WEEK ESCROW—”SOUP TO NUTS”
July 2013: In an industry plagued with drawn out and laborious transactions, one of our own pulled off a nearly impossible feat; Marcus & Millichap is pleased to announce the sale of an older Dollar General, located in the rural community of Kensett, AR. In two weeks time, the Regenstreif Team, while vacationing in Hawaii, met the buyer, found the property, agreed on a sale price, drafted a contract, opened escrow, assisted the buyer in their books & records review and closed on the sale, all in time for the Seller to pay off his construction loan timely and without penalty. It is because of the Regenstreif Team’s focused approach to the industry that they were able to see the need of the buyer and pair it effectively with the needs of the seller and effectuate the sale. We congratulate the Regenstreif Team on a swift and successful transaction.
Sara Vita: Marcus & Millichap, Internal News
PRESS RELEASE—MAKE THE MARKET
PRESS RELEASE:
From the Encino, California office of Marcus & Millichap, Vice President Investments, Lior Regenstreif assisted in the creation and execution of a long term NNN lease for the Gold’s Gym owner/operator. Mr. Regenstreif also sourced the institutional investor and successfully closed escrow in June 2012 on a 56,700 square foot state of the art newly constructed facility. “In the current economy, gyms have been hit hard. They have tended to be a highly volatile entity where both lenders and investors rate them as high risk investments. This operator and the location set the stage to offset any trepidation a potential buyer may have. It wasn’t the easiest sale, in that it took almost 15-months to close, but it was a rewarding project to be involved in.” says Regenstreif. Regenstreif represented the sellers and the buyers in this transaction. Regenstreif predicts that for 2012 and 2013, “We will continue to see the commercial real estate economy to improve, and more private operators coming to the forefront to sell into sale leasebacks to begin their own expansion dreams, and we look forward to being a part
of it”.
Patrik Joshi: Business Beat Blog / Tricity Herald.
EXECUTIVE SUMMARY
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2008 Marcus & Millichap.
PRESS RELEASE—GLOBESt.com
EXCLUSIVE 3/23/2012
Four Separate Net Leased Walgreens Change Hands
“National drugstore chains stand as strong
passive investment vehicle opportunities
which has and continues to outpace
investment alternatives in return and
reliability, says Regenstreif.
ENCINO, CA-Those who follow @GlobeStcom on Twitter may have seen a post teasing the announce-ment a few days ago, but GlobeSt.com has exclusively learned that the $24.93-million sale of four sep-arate net-leased Walgreens drugstores throughout the US has closed. The drugstores are located in Pennsylvania, Louisiana, Minnesota and Georgia. “In step with the economic recovery, national drugstore chains stand as strong passive investment ve-hicle opportunities which has and continues to outpace investment alternatives in return and reliabil-ity,” says Lior Regenstreif, a Vice President of Investments at Marcus & Millichap Real Estate Invest-ment Services, who arranged the sale. “Not surprisingly, more private buyers and exchange investors are increasing their acquisition efforts in secondary and even tertiary markets.” He continues to point out that Marcus & Millichap research shows an 18% jump in transaction activity in the last 12 months, “driven primarily by investors fleeing the stock market for the less-risky net-leased drugstores.”
Regenstreif represented the private sellers in three of the transactions. Although Lior could not dis-close the specific identity of the buyers, he notes that “two of the buyers were in a 1031-exchange, coming out of management-intensive properties and found triple-net leases to be very attractive and stress free.” Another buyer, he says, “was utilizing this investment to continue his estate building for his children, and the last buyer was a foreign investor who was looking to have a foothold in the US. He utilized this acquisition to establish a presence in the country so that he could do further business here.” Regenstreif predicts that for 2012, “We will continue to see pricing compress, and if interest rates re-main low, we anticipate that the investment market will resemble the market of 2006.” … (For com-plete story, please see GlobeSt.com, or request from Mr. Regenstreif directly) .
Natalie Dolce Natalie Dolce, editor of the West Coast region for GlobeSt.com and Real Estate Forum, is responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, Natalie was Northeast bureau chief, covering New York City for GlobeSt.com. Dolce’s background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats Arthur Frommer’s Budget Travel magazine, FashionLedge.com, Co-Ed magazine, and has also freelanced for a number of publications including MSNBC.com and Museums New York magazine. Contact Natalie Dolce.
EXECUTIVE SUMMARY
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2008 Marcus & Millichap.
From that point on, you get into the drug stores, such as this Americus, Ga., Walgreens he sold last month. Single-tenant deals can be hard to find because people are always chasing them, but Lior says you can “if you know your source.” A lot of Lior’s sellers are the developers of the product. He has nine deals he could deliver right now, located all over the US “because people are buying the credit.” That’s another thing: Some buyers will only buy in SoCal and pay a premium, whereas in a different state they could get the same tenants with the same return at a lower sticker price. Over the past 38 months, Lior and his team have closed more than $340M worth of single-tenant and retail center sales.
Encino regional manager Adam Christofferson, right, notes sin-gle-tenant properties are still attractive and the firm’s national platform works well because California investors are exchanging into those properties throughout the US. The firm pegs its share of the single-tenant market at 60% and sees "a lot of California money to buy those deals all over the country.” The Walgreens in Americus, Ga. sold for more than $4.5M and a Jack in the Box in Palm Springs for about $1.8M. He’s doing a large volume of sale-leasebacks as well as selling some deals pre-construction. In-vestors are buying the asset based on the income it’s going to pro-duce, with the developer guaranteeing delivery of the finished product. They’re all secured by leases with either Home Depot or Walgreens, “so the lease alone is worth some money.” If something went wrong, “another developer could always step in and finish the project.”
Tuesday, October 12, 2010
PRESS RELEASES
City Center Blog - (February 2014)
Lior Regenstreif’s Team made the market in February by selling a new development opportunity in Los Angeles in early February to which the details are held in strict confidence but the LA Fitness in West Covina is open for business, state of the art, and a new value is assessed to the region as a direct result of the Regenstreif Team’s efforts.
San Fernando Valley Business Journal – By R.A. Snyder (October 2013)
Ten Walgreens sales in as many months! “Lior Regenstreif, is a drugstore specialist to be reckoned with” says the Marcus & Millichap Regional Director, Adam Christofferson (Encino, CA). Christofferson went on to state, “Lior is the go to guy for information regarding leases, sales, market trends and cap rates. He knows who is developing what, where and when it should be ready for delivery.” When asked about his niche and success in the Walgreens, CVS and Rite Aid arena, Regenstreif, Vice President Investments, and Senior Director National Retail Group commented, “I understand the mission of each Tenant and have made it my hobby to know what markets are underrepresented and where preferred developers are likely to build next.” He went on to say, “… the rest is just spending the time necessary to build relationships and to bring value to those relationships, where my number is the first one they think of when they have a lease or building inquiry.” During this interview, we were interrupted several times as Mr. Regenstreif’s phone continuously rang with just such inquiries from builders around the country. It is no surprise Lior Regenstreif has reached the level of success he has in the drugstore single tenant industry.
Valley Business Journal, Encino CA—(August 2011)
Encino’s transformation continues with the sale of the vacant Rite Aid on Ventura Boulevard. For many years the busy corner of Haskell and Ventura Boulevard have proven to be an eye sore in this upscale suburban city in the heart of the San Fernando Valley. But now, with the recent sale, the new owner is merely awaiting final permit approval so that he can revamp the corner parcel and utilize the site to further his medical practice in the Valley. “This is just what the immediate area needed, an individual who would have a vested interest in both the curb appeal of the site and increased profitability in the region…” Lior Regenstreif, Vice President Investments (August 2011).
Glendale News Press, LA Times Affiliate- Zain Shauk, (December 2009) Shop Till You Drop: The City’s 2.1 million square feet of retail is among the largest collection of contiguous shopping in the County, “… the four developments could generate enough activity to flourish if they evolve into a cohesive center where each property benefits from the other…” The industry must become cooperative if it’s to survive the current economic downturn. Lior Regenstreif, Vice President, Investments of Marcus & Millichap. San Fernando Valley Business Journal – By Linda Coburn / Staff Writer Several Area Retail Projects Underway (8/04/2008) It may be hard to believe, but retailers are still exceedingly bullish on the greater-Valley region, with construction underway on more than 1 million square feet of new and expanded shopping spots from Camarillo to Lancaster and Burbank. When the going gets tough, the tough go shopping could be the region’s motto… But everyone involved in retail, from the developers to the retailers to the brokers maintains that the gloom-and-doom pronouncements in the national media are far from accurate, especially as relates to our region. “… People are pulling through the dark times, and although there will be closures, there are new concepts being born, said Lior Regenstreif, Director, of the National Retail Group for Marcus & Millichap….”
Marcus & Millichap Sells a 14,820 Square-Foot Single Tenant Net Leased building (December 17, 2008) Newnan, GA - Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Walgreens located at 1 Millard Farmer Industrial Boulevard, a 14,820 Square-Foot Single-Tenant Net-Leased property located in Newnan, GA, The asset commanded a sales price of $5,000,000. Lior Regenstreif, Associate Vice President in Marcus & Millichap’s Encino office, had the exclusive listing to market the property on behalf of the seller, a developer/partnership.
PRESS RELEASES
Marcus & Millichap Sells a 14,820 Square-Foot Single Tenant Net Leased building (December 17, 2008) Newnan, GA - Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Walgreens located at 1 Millard Farmer Industrial Boulevard, a 14,820 Square-Foot Single-Tenant Net-Leased property located in Newnan, GA, The asset commanded a sales price of $5,000,000. Lior Regenstreif, Associate Vice President in Marcus & Millichap’s Encino office, had the exclusive listing to market the property on behalf of the seller, a developer/partnership.
San Fernando Valley Business Journal – By Linda Coburn / Staff Writer
Several Area Retail Projects Underway (8/04/2008): It may be hard to believe, but retailers are still exceedingly bullish on the greater-Valley region, with construction underway on more than 1 million square feet of new and expanded shopping spots from Camarillo to Lancaster and Burbank. When the going gets tough, the tough go shopping could be the region’s motto… But everyone involved in retail, from the developers to the retailers to the brokers maintains that the gloom-and-doom pronouncements in the national media are far from accurate, especially as relates to our region. “… People are pulling through the dark times, and although there will be closures, there are new concepts being born, said Lior Regenstreif, Director, of the National Retail Group for Marcus & Millichap….”
Marcus & Millichap Sells a 14,820 Square-Foot Single Tenant Net Leased building (December 17, 2008)
Newnan, GA - Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Walgreens located at 1 Millard Farmer Industrial Boulevard, a 14,820 Square-Foot Single-Tenant Net-Leased property located in Newnan, GA, The asset commanded a sales price of $5,000,000. Lior Regenstreif, Associate Vice President in Marcus & Millichap’s Encino office, had the exclusive listing to market the property on behalf of the seller, a developer/partnership.
PRESS RELEASES
Glendale News Press, LA Times Affiliate- Zain Shauk, (December 2009)
Shop Till You Drop: The City’s 2.1 million square feet of retail is among the largest collection of contigu-ous shopping in the County, “… the four developments could generate enough activity to flourish if they evolve into a cohesive center where each property benefits from the other…” The industry must become co-operative if it’s to survive the current economic downturn. Lior Regenstreif, Vice President, Investments of Marcus & Mil-
lichap.
RECENT SALES
SINGLE TENANT TRANSACTION CLOSINGS Exclusively Represented By: The Regenstreif Team
(Sorted by COE, Mar 2012— YTD 2014)
Tenant City State Sales Price CapRate C.O.E
Representation
1 Valvoline SanClemente CA $ 2,300,000 6.37% UnderPSASeller&Buyer
2 JackintheBox Brawley CA $ 1,670,000 5.69% UnderPSASeller
3 RiteAid Chattanooga TN $ 3,300,000 9.24% UnderPSASeller&Buyer
4 Wendy's Tampa FL $ 2,265,930 5.31% UnderPSASeller
5 TacoBell Tuscaloosa AL $ 715,000 5.38% UnderPSASeller&Buyer
6 RiteAid Kerman CA $ 7,500,000 6.91% UnderPSASeller&Buyer
7 JIB Charlotte NC $ 2,275,000 8.14% UnderPSASeller
8 NTB Norcross GA $ 2,460,924 6.60% UnderPSASeller
9 JiffyLube Orlando FL $ 680,000 8.00% UnderPSASeller
10 JIB Yelm WA $ 2,245,615 6.75% UnderPSASeller
11 DollarGeneral Oroville CA $ 2,595,300 6.00% UnderPSASeller&Buyer
12 PizzaHut Huron SD $ 305,000 9.00% UnderPSASeller
13 Walgreens Bastrop TX $ 8,818,000 5.50% Mar‐14Seller
14 LAFitness WestCovina CA $ 16,764,000 5.79% Feb‐14Seller&Buyer
15 Big‐O‐Tire CastleRock CO $ 1,750,000 8.70% Feb‐14Seller
16 Walgreens FlowerMound TX $ 6,250,000 5.35% Feb‐14Seller&Buyer
17 TacoBell Huntsville AL $ 1,450,000 6.75% Feb‐14Seller&Buyer
18 Walgreens Elgin IL $ 3,250,000 6.85% Jan‐14Buyer
RECENT SALES
Tenant City State Sales Price Cap Rate C.O.E Representation
19 RockBottom OrlandPark IL $ 5,750,000 9.21% Jan‐14Seller
20 BurgerKing ElkGrove CA $ 1,767,000 5.09% Jan‐14Seller&Buyer
21 Checker's Jacksonville FL $ 1,206,000 7.25% Dec‐13Seller&Buyer
22 SunRidgePlaza Vacaville CA $ 7,750,000 8.02% Dec‐13Seller
23 Aldi Addison IL $ 5,475,000 5.81% Dec‐13Seller
24 JackintheBox Tolleson AZ $ 2,530,000 5.33% Dec‐13Seller
25 Subway LongBeach CA $ 500,000 7.26% Dec‐13Seller&Buyer
26 DollarGeneral Lawrenceburg TN $ 925,000 6.25% Nov‐13Seller&Buyer
27 BurgerKing Cabazon CA $ 990,000 5.76% Nov‐13Seller
28 JackintheBox SantaRosa CA $ 2,880,000 6.52% Oct‐13Seller
29 Applebee's SpringHill FL $ 4,039,000 7.35% Sep‐13Seller
30 DollarGeneral Marion SC $ 1,175,400 7.00% Sep‐13Seller
31 Applebee's Cincinnati OH $ 2,038,000 6.97% Sep‐13Seller
32 Starbucks Cullman AL $ 2,600,000 8.12% Sep‐13Seller
33 RussellranchRd WestlakeVillage CA $ 5,500,000 6.71% Sep‐13Seller
34 KFC Hemet CA $ 1,150,000 6.21% Sep‐13Seller
35 Walgreens SanAntonio TX $ 8,640,000 5.50% Aug‐13Seller&Buyer
36 DollarGeneral Kensett AL $ 487,000 9.48% Jul‐13Buyer
37 AT&T Cullman AL $2,013,000 7.15% Jun‐13Seller
RECENT SALES
Tenant City State Sales Price Cap Rate C.O.E Representation
38 Walgreens RockyMount NC $4,687,500 6.40% Jun‐13Buyer
39 OxfordBank Westmont IL $ 1,600,000 7.42% Jun‐13Buyer
40 Coco's Lakewood CA $ 3,280,000 5.49% Jun‐13Seller
41 AT&T Cullman AL $5,546,083 7.35% Jun‐13Seller
42 Applebee's Bradenton FL $3,800,000 7.49% May‐13Seller
43 Walgreens Commerce GA $ 5,761,905 6.25% May‐13Buyer
44 RedRobin Smyrna TN $ 1,873,000 6.23% May‐13Seller
45 Walgreens Cincinnati OH $ 5,097,744 6.65% May‐13Seller&Buyer
46 JackintheBox ElCentro CA $1,700,000 6.00% Mar‐13Seller
47 BJ's Canton OH $10,771,898 8.01% Feb‐13Buyer
48 JIB ElSobrante CA $1,410,000 6.16% Feb‐13Seller
49 DollarGeneral Dryden VA $986,120 7.50% Jan‐13Seller&Buyer
50 Walgreens Covington GA $8,075,000 6.16% Jan‐13Seller
51 Gold'sGym LasVegas NV $8,267,000 7.86% Jan‐13Buyer
52 CVS Oxford MS $6,563,511 6.75% Dec‐12Seller
53 Coco's Victorville CA $2,040,000 7.35% Dec‐12Seller&Buyer
54 Walgreens Butler PA $7,175,000 6.42% Nov‐12Seller
55 Goodyear BatonRouge LA $593,000 8.59% Nov‐12Seller
RECENT SALES
Tenant City State Sales Price Cap Rate C.O.E Representation
56 WashBlvd LosAngeles CA $6,200,000 NA Nov‐12Seller&Buyer
57 JIB Oxnard CA $3,020,000 5.33% 12‐OctSeller
58 Walgreens Guntersville AL $6,811,000 6.35% Sep‐12Seller
59 Walgreens WashingtonCrt OH $5,984,000 6.35% Sep‐12Seller
60 Church'sChicken BatonRouge LA $475,000 7.37% Sep‐12Seller&Buyer
61 JIB BatonRouge LA $1,930,000 8.11% Aug‐12Seller&Buyer
62 CVS FtWorth TX $7,140,000 6.69% Aug‐12Seller&Buyer
63 Smart&Final Bakers ield CA $4,010,000 7.73% Aug‐12Seller
64 JIB WoodlandHills CA $1,182,000 3.50% Aug‐12Seller&Buyer
65 McDonalds Yulee FL $1,976,500 4.80% Jul‐12Seller&Buyer
66 McDonalds NewCastle DE $1,100,000 4.84% Jul‐12Seller&Buyer
67 Walgreens Catonsville MD $8,800,000 6.20% Jul‐12Seller
68 Gold'sGym Richland WA $9,339,000 8.50% Jun‐12Seller&Buyer
69 Walgreens GrandLedge MI $6,080,000 6.33% Jun‐12Seller
70 Walgreens Milford OH $4,577,465 7.10% Jun‐12Seller
71 Walgreens Orlando FL $10,030,000 6.45% Jun‐12Seller
72 McDonalds Roanoke TX $1,277,000 5.00% May‐12Seller
73 FreshMkt FtLauderdale FL $6,820,000 6.74% Apr‐12Seller
74 Walgreens Ruston LA $5,744,500 6.90% Mar‐12Seller&Buyer
75 Walgreens Willmar MN $6,494,400 6.67% Mar‐12Seller&Buyer
MARCUS & MILLICHAP
Marcus & Millichap is the largest commercial real estate brokerage firm
in the country with 1,200+ agents and 71-offices nationwide. Founded in
1971, the firm is a premier provider of investment real estate brokerage
services. Their 40-year history of maintaining investor relationships in
local markets enables them to be the best information source and
transaction service provider nationally.
In 2012, Marcus & Millichap closed in excess of $22.0 billion in
investment transactions made up of 3,400 individual properties., up 9%
from the previous year.
THE COUNTRY’S LARGEST
COMMERCIAL REAL ESTATE BROKERAGE FIRM
FOCUSED EXCLUSIVELY ON INVESTMENTS
GENERALIZED
MARKETING PLAN
The Marketing Package
A complete Marketing Package is
prepared immediately after execution
of the “Exclusive Right to Sell”
agreement and distributed to the
Seller for approval. Upon receipt of
approval to commence the marketing
campaign, and within 72 hours of
approval, this detailed information
package is distributed to sales
professionals in our offices and to
outside brokerage houses throughout
the United States and to our registered
qualified buyers (in excess of 30,000
internal database and in excess of
110,000 external database).
Additionally, we post the listing on
every nationally available electronic
database for commercial listings in
the country.
By closing more transactions annually than any other brokerage house,
the firm has the unique ability to provide its clients with an unparalleled
perspective on the investment real estate market locally, regionally and
nationally. Marcus & Millichap has established itself as a leading, and
expanding, investment real estate company.
MARCUS & MILLICHAP
MARCUS & MILLICHAP
Marcus & Millichap realizes you have choices in the brokerage community and to stay ahead of the com-
pe on they operate on a business model that supports their agents and encourages coopera on with-
in the Marcus & Millichap family.
As is the case with many industries, it isn’t just that you choose the right company to represent your in-
terests, it is vital that you choose the right person within that agency to represent your interests in the
most knowledgeable and informa ve way.
Our Team’s track record is proof that we strive to reach a higher standard of service than our counter-
parts, and our con nued rela onships with repeat clients is proof we are succeeding.
MARCUS & MILLICHAP
MAXIMUM EXPOSURE
Internal Information Sharing with
over 1,200+ agents and 71 offices
nationwide
Expanded Buyer Pool
Direct Marketing
Advertising
Investor Symposiums
Broker Cooperation with All
Licensed Professionals
Internet
Industry Events and Trade Shows
INTERNAL
INFORMATION SHARING
MNet
Each listing is entered into Marcus &
Millichap’s proprietary property
database (MNet) and the information
is instantaneously transmitted to the
firm’s more than 1,400 agents
nationwide. Employing the “Buyer
Needs” function of MNet, an agent
specifies a client’s property investment
criteria; when a matching property is
listed, the agent is immediately
notified.
OFFICES NATIONWIDE
MARCUS & MILLICHAP’S MARKET SHARE
2009 to YTD 2012
Market Share—Single Tenant Sales
CONTACT THE TEAM
For More Information Please Contact:
Lior Regenstreif
First Vice President Investments
Senior Director, National Retail Group
OR:
Justin Rappel
Associate
Member, National Retail Group
(818) 212-2732 Office
OR:
Joshua Snyder
Associate
(818) 212-2728 Office
OR:
Leilani Tedeski
Associate
(818) 212-2726 Office
Marcus & Millichap
16830 Ventura Blvd. Suite 100
Encino, CA 91436
(818) 907-9525 Office
(888) NNNDEAL / (888) 666-3325 Toll Free
(818) 907-8557 Fax