2A — March 24 - April 13, 2017 — M id A tlantic
Real Estate Journal
www.marejournal.com
M id A tlantic Real Estate Journal
M id A tlantic R eal E state J ournal Publisher .....................................................Linda Christman Associate Publisher ......................................... Steve Kelley Associate Publisher .................................. Barbara Holyoke Associate Publisher ........................................... Kim Brunet Associate Publisher ......................................Lea Christman Senior Editor/Graphic Artist ..........................Karen Vachon Office Manager ............................................Joanne Gavaza Sales Intern .................................................Kevin Minassian Contributing Columnists ...................................Dwight Kay Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly Periodicals postage paid at Rockland, Massachusetts and additional mailing offices
Prime Properties in Southern New Jersey Available For Lease
By Dwight Kay DST 1031 Exchange Case Studies
Whitesell Properties >> Industrial >> 1050 Thomas Busch Memorial Highway, Pennsauken, NJ
Postmaster send address change to: Mid Atlantic Real Estate Journal 350 Lincoln St, Suite 1105, Hingham, MA 02043 USPS #22-358 | Vol. 29 Issue 7 Subscription rates: $99 - one year, $198 - two years, $4 - single copy
PRIME PROPERTY FOR LEASE 1050 THOMAS BUSCH MEMORIAL HIGHWAY
• Exceptional 47,591 SF Single-tenant Warehouse / Manufacturing Building • 24’+ Clear height, 1200 Amp Electric, T-5 Lighting, and Skylights • 6 Tailgates, 2 Drive-ins, and 94 parking stalls. • Prime Logistics Opportunity minutes from Downtown Philadelphia, I-95, I-295, NJ Routes 38, 70, US Route 130, and NJ Turnpike Exit 4
C hallenge: The client was looking for special- ized and focused help in evaluating DST 1031 proper- ties for her 1031 exchange. She had been introduced to a finan- cial advisor that not only did not fully understand how 1031 exchanges and investment real estate work, but also only had two DST properties available. The client was then intro- duced by a family friend to Kay Properties and Investments, LLC. She was relieved to find a group that truly specialized in DST 1031 properties, had answers to her specific real estate related questions, had access to a full menu of over 20 DST 1031 properties and lastly was able to construct a portfolio that met her needs and objec- tives as opposed to what met her financial advisor’s. Result: In the end, the client was grateful to Kay Properties
REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Phone: 781-740-2900 | Fax: 781-740-2929 www.marejournal.com The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
856-764-2600 | www.whitesellco.com | Commercial Office & Industrial Real Estate Proudly Serving Southern New Jersey for Over 50 Years
for helping her to avoid the higher risk asset classes in the marketplace such as student housing, hotels, oil and gas and saltwater drilling. The client was able to successfully complete her 1031 exchange into a diversified portfolio of DSTs that did not expose her to additional risk factors entailed in the exotic asset classes just mentioned. Challenge: The client was a real estate investor that had paid off his rental properties completely over the years. When research-
ing DST properties, financial advisors pitched a handful of properties with large balloon mortgages that would ulti- mately come due in 5-10 years. What the “financial advisors” failed to mention was that when those properties were sold he would then not be able to purchase any property at any loan-to-value, but that he would then have to take on “equal or greater debt” per the 1031 exchange IRS guidelines. Result: The client was thrilled to have been introduced continued on page 16A
About the Mid Atlantic Real Estate Journal The Mid Atlantic R EAL E STATE J OURNAL encompasses all aspects of the commercial real estate industry. The Journal partners with professionals in commercial sales, construction, industrial, development and financial services to provide read- ers with valuable and current information that can strengthen and grow their business. The Journal is a great source to guide readers toward: • Issues effecting the industry today. • A source for commercial, industrial, construction, development, financial sales opportunities and services. • In-depth articles on issues facing commercial real estate in the Mid Atlantic area. • Reading about services and organizations to network with, to help better their business. There is nothing like the Journal The Journal reaches thousands of decision makers who finance the buildings, build the buildings, buy the buildings and tenant the buildings. Loyal advertisers of the Journal have enjoyed for years: • Brand recognition • Target audience of decision makers • Building and maintaining image • Consistent visibility equals staying power We Encourage You to Submit • News releases • Calendar of events • Photos • Expert articles • Transactions • Personal Profiles To Subscribe or Advertise call Linda Christman 781-740-2929 or email lchristman@marejournal.com www.marejournal.com
AUCTION By Order of the Bank Bids Due by April 19 @1PM
• 8.59± Acre Development Site • Signalized Intersection Adjacent toWawa at Crossroads of Route 422 • Retail Business Zoning - Hotel, Office, Restaurant, Retail • 543 N. Lewis Road, Limerick Twp., PA
Property Previews March 15 & 22 Noon to 2PM Call for Property Information 888-299-1438 / MaxSpann.com
Robert L. Dann Auctioneer Lic #AU005609
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