MAREJ A dvertisers D irectory A — December 6 - 19, 2013 — Mid Atlantic Real Estate Journal AIA Delaware..................................................... 9A Barley Snyder Attorneys at Law. ..................... 7C Bayshore Recycling. .......................................... 4B Bennett Williams............................................... 4C Billboards......................................................... 25A Brasler Props................................................. IC-C Business Cards................................................ 23A Bussell Realty Corp........................................ IC-B Cervelli Real Estate. ....................................... 10B CIRC................................................................. 10A Comly. ................................................................ 4A Cooper Horowitz.............................................. 12A Cushman & Wakefield....................................... 7B Deerwood.......................................................... 13B Earth Engineering Inc.. ................................... 7C First Key Lending..........................................BC-A Gebroe-Hammer................................................ 4B Gerber-Somma Associates............................... 15B GFCIB.............................................................. 18A GREP.................................................................. 2C Hartz Mountain.............................................BC-B Harvey Hanna. ................................................ 11A Heller Industrial Parks..................................... 3B Henry’s Real Estate Co.. .................................. 1A Hinerfeld Commercial RE................................. 1C Hurley Auctions................................................. 5A Kaplin Stewart . .............................................. 17A Keast & Hood................................................... 11C Kislak................................................................. 2B Landcore Engineering Consultants, P.C.......... 5C Landmark Commercial Realty.......................... 5C Lee & Associates................................................ 1B M. Miller & Son................................................. 3A Mericle............................................................BC-C Meridian Capital Group.................................... 9B Michael Baxter & Associates. ........................... 2C NAI Summit....................................................... 2C NorthMarq....................................................... 11B Poskanzer Skott Architects............................... 6B Provident Bank............................................ I-FC A Rational Contracting....................................... 13B Regal Bank......................................................... 8B Rittenhouse Realty Advisors............................. 3C ROCK................................................................. 4C Rose Metal Systems. ..................................... FC-A RPC. ................................................................... 6A Sebco................................................................... 2B Sheldon Gross Realty........................................ 3B Sperry Van Ness...............................................11A Target Building Construction......................... 11C The Berger Organization. ............................... 12B The Green Group............................................... 3A Thompson Management.................................... 6A Tri-state............................................................ 24A TTI Environmental Inc................................... 14B WCRB............................................................... 14B Wilkin Guttenplan........................................... 15A Wiss & Co......................................................... 19A WithumSmith & Brown. ................................. 14A Worth & Company............................................. 2A
www.marejournal.com
Mid Atlantic R eal E state J ournal Publisher ............................................................................ Linda Christman Publisher ............................................................................... Joe Christman Publisher/Senior Account Executive ................................. Elaine Fanning Section Publisher .................................................................... Steve Kelley Senior Editor/Graphic Artist .................................................Karen Vachon Production Assistant ....................................................................Julie King Office Manager .................................................................... Joanne Gavaza Guest Columnists........................................................................... Alan Fruitman Mid Atlantic R eal E state J ournal ~ Published Semi-Monthly P.O. Box 26 Accord, MA 02018 (Mail) 312 Market Street, Rockland, MA 02370 (Overnight) Periodicals postage paid at Rockland, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, P.O. Box 26, Accord, MA 02018 USPS #22-358 | Vol. 25 Issue 23 Subscription rates: $99 - one year, $198 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Toll-Free: (800) 584-1062 | MA: (781) 871-5298 | Fax: (781) 871-5299 www.marejournal.com
Mid Atlantic Real Estate Journal
By Alan Fruitman
NNN properties are HOT!
1
031 exchange buyers, baby boomers, doctors, lawyers, REITs and
seemingly everyone else who has money wants to own NNN property. Guaranteed income, strong tenant with a long-term lease, no property manage- ment, no maintenance, and a prime location are what inves- tors crave. NNN properties are one of the only investments that yield stable and guaranteed income with a relatively high return. Multi-tenant properties have sporadic vacancy, management hassles and continuous mainte- nance requirements. Dividend yield on stocks is miniscule. The 10 year US Treasury yields less than 3%. Bank savings ac- counts yield less than 0.2%. In contrast, most NNN properties yield between 5% and 7%. Investors often purchase Lease signed between Ward’s LLC, and General Nutrition Corporation, for 1,600 s/f of space at Wards Crossing West, 120-J Simons Run, Lynchburg VA. Ellen Long and Clint Greene represented the land- lord. Lease signed between Hot Rod City, LLC, andAuto Repair / Keith Epps, for 3,300 s/f of flex space at 1019 W. Graham Rd.,
The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
NNN properties for the passive / retirement income. In addi- tion to retirement income, it is very easy for a spouse, child or charity to inherit a NNN prop- erty since minimal real estate expertise is needed to own this type of investment. Receiving and promptly re- viewing NNN properties the first day the property comes to market, or before the property officially comes to market, is one key to your purchasing Lease signed between Brook Run 6A Associates LLC and Dale Matheney, dba Liberty Tax, for 1,360 s/f of space at 6000 Brook Rd, Richmond, VA. Brian Bock represented both parties. Lease signed between RCC Crossings, LLC, and Destina- tion Church for 1,377 s/f of
success. Another key to your purchasing success is be- ing decisive. Once you find the right NNN property, you must quickly submit a Letter of Intent (LOI) to purchase the property. If you wait, another buyer will secure the property before you do. Contact Alan Fruitman, Jim Slinkard or Elizabeth Laesecke at www.1031tax. com or call 1.800.454.0015. n space at The Crossings Shop- ping Center in Hopewell. Jan- ice Logue and Clint Greene represented both parties. Lease signedbetweenTNPPM Wistar Center, and Heather Capel Insurance and Financial Services, dba Capel Agency Nationwide Insurance, for 2,432 s/f of space at 8105 Staples Mill Rd., Richmond, VA. Brian Bock represented the tenant. n
Taylor Long Properties announces recent transactions Richmond, VA. Mike Weisberg represented the tenant.
Superior CuStomer ServiCe.
innovative SolutionS.
Services Q Design/Build Q Small & Large-Scale, Complex Projects Q Mechanical Systems Construction Q Wastewater Supply & Treatment Plant Construction Q Equipment Upgrades Q Repair & Maintenance Service
Technologies Q Cutting-Edge Industry Technology Q BIM Q Pre-Fabrication & Pre-Assembly
Q Value Engineering Q LEED Certified
Q Integrated Project Delivery
www.worthandcompany.com
Worth Corporate 0H s 3ERVICE
Worth Milton 0H
Worth Delaware 0H 3ERVICE
Worth LehighValley 0H 3ERVICE
To advertise, call 1-800-584-1062
Made with FlippingBook - Online Brochure Maker