Notable
Transactions
Recent
Closings
Tri-Star Building, Irving, TX
67,535 SF - 3.63 Acres
Major Tenants: Budd Van Lines, Inc.
Client: Lincoln National Life Insurance Company
Multiple Offers
Lakeway Building , Lewisville, TX
125,253 SF - 7.46 Acres
Major Tenants: J.A. Majors & Nishimoto Trading Company
Client: Lincoln National Life Insurance Company
Multiple Offers
Whitewater Trade Center,
Connersville, IN
141,770 SF - 22.6 Acres
Major Tenants: Wal-Mart, LoBill, Fashion Bug
Client: Developers Diversified
Williamsburg
on the Lake , Evansville, IN
200
Units
Our firm represented the buyer.
Client: Brookside Properties
Pine
Medow Apartments, Newburgh, IN
78
Units
6 full price or better offers in 10 days.
Sold over asking price.
Client:
Pine Meadow
Apartments, LLC
Morganfield Townhouses,
Madisonville, KY
30 Units
CA
seller bought the project 9 month prior while listed with a local broker. They
made the decission that this investment wasn't for them and listed it with us.
Within one week we were under contract with a west coast buyer and sold it for
36% more money than the seller paid for the project. Buyer was represented by
another west coast brokerage firm.
Client:Morganfield Townhouse
Properties, LLC
Lake Nora Apartments, Indianapolis, IN
429,500 SF -588 Units
Bond financed with non-profit
Client: Church of God
Tenneco - NNN Industrial, Evansville, IN
28,800 SF - B+ Credit Tenant
We were able to
produce a buyer that closed in 6 days at 98% of asking price.
Client: Challenge Properties
Fox Club
Apartments, Indianapolis , IN
317,000 SF - 336 Units
Client: Church of God
Vacant Retail Land , Evansville, IN
6 Acres - N. Green River Rd. & Morgan Ave.
After 5 years on the market, Sperry Van Ness/Martin
Commercial Group was retained to market the property. After multiple offers, we
successfully closed this transaction for more per square foot than the asking
price and the seller retained approximately 1.60 acres.
Client: Business
Building, LLC
Net Leased Industrial,
Evansville, IN
29,660 SF - Warehouse
Sold to west coast buyer.
Seller acquired the property 1 year prior and we were able to sell the property
within 100 days for 5% more money with one less year on the lease and with
higher market interest rates.
Castle Creek
Development, Evansville, IN
6 acres - Sold to Nebraska Developer
After
being available for 5 years with no offers or activity, we were retained to
market the property. With no adjustment to the offering price, we were able to
provided two offers and sold 6 acres within 7 months.
Client: Castle
Creek Development
Castle Creek Development, Evansville, IN
26 acres - Industrial Development
We were able to produce a buyer who purchased all remaining
26 acres for 99% of asking price and closed 23 days after contract signing. The
end result was that the original asking price was $1,600,000 and we ultimately
sold the development (in two transactions) for $1,682,000 or 105% of original
asking price.
Client: Castle
Creek Development
Old Post
Office/Village, Evansville, Indiana
86,800 SF - Mixed Use Office/Retail
In contract in 8 days and sold to west coast buyer for more than appraised
value. Located in soft
office market.
Client: Curtis Investments
Financial Plaza, Evansville, IN
55,583 SF
Class A Office Space
Sold to local buyer in soft office market.
Client: Curtis Investments
Farber Building, Champaign, IL
23,000 SF
Prior to listing with Sperry Van Ness it was listed with
another firm with no showings or offers.
Vacant property.
Client: Regency Properties