PRG NEWS. What s Inside. Proven. Results. Guaranteed.

Transcription

1 PRG NEWS Proven. Results. Guaranteed. What s Inside PRG Expands to the Suburbs Investment Sales Landlord/Tenant Representation PRG: Fitness Specialists Land Division New Listing Assignments Current Listings PRG Company News precisionrg.com

2 PRG Expands To The Suburbs FOR SALE & 2 W. Market St. West Chester, PA 3,000-14,000 SF Office Space 119 E. Ewchlan Ave. Exton, PA For Sale & For Lease 795 E. Marshall St. West Chester, PA 1,809 Gross SF Office Space FOR SALE 915 Old Fern Hill Rd. West Chester, PA 741-3,463 SF Office Space 1029 Lancaster Ave. Berwyn, PA 1,000 SF Retail Space 8 Ponds Edge Dr. West Chester, PA 12,000 +/- SF Office Space AVAILABLE AVAILABLE Greentree Bldg. West Chester, PA 3 Spaces Office/Retail Space 77 & 99 Manor Ave. West Chester, PA Office Space The Shoppes at Pughtown Retail Space/Pad Site The Suburban Market of Philadelphia has been strong in a number of ways over the past 3 years. Multi family is the obvious success but flexible warehouse space prices per square foot have been reaching numbers that cannot be ignored. Flexible warehouse space lends itself to the new small business with a portion of office and majority of flexible space for product development, storage, and distribution. The Small Business Administration has made it possible for business of all types to realize the benefits of owning their own real estate. - Principal, Tommy Ciccarone Jr. 2

3 Investment Sales 3134 E. Kensington Ave. Philadelphia, PA Steve Jeffries Shaun M. Lyons 555 Adams Ave. Philadelphia, PA Steve Jeffries Shaun M. Lyons N. 15th. St. Philadelphia, PA Shaun M. Lyons Steve Jeffries 1811 Fairmount Ave. Philadelphia, PA Ian Murphy Steve Jeffries Lansdown/Upper Darby, PA Chris Farmer 1981 Upland Way Philadelphia, PA Chris Farmer AVAILABLE AVAILABLE AVAILABLE 2600 Turnpike Dr. Montgomery County Shaun M. Lyons Steve Jeffries 34 Unit Investment Housing Portfolio (Port Richmond, South & West Phila.) Chris Farmer Shaun M. Lyons 6 Ponds Edge Dr. West Chester, PA Tommy Ciccarone Jr. Shaun M. Lyons While new construction is booming in Center City many are wondering when the slow down will occur. At PRG we haven t seen it happen yet because the demand is so strong for residential apartment units, retail and hospitality. The only thing that we predict will slow down are the rising rents. With so much product coming on line, the rents must stabilize to absorb appropriately. - President & CEO, Shaun M. Lyons 3

4 Landlord Representation Completed Deals 1420 Chestnut St. Philadelphia, PA Shaun M. Lyons Kevin Healey 1300 Chestnut St. Philadelphia, PA Shaun Lyons Kevin Healey 1822 Spring Garden Philadelphia, PA Kevin Healey Steve Jeffries 100 E. Girard Philadelphia, PA Ian Murphy Steve Jeffries 333 S. 13th. St. Philadelphia, PA Kevin Healey Shaun M. Lyons 848 S. 2nd St. Philadelphia, PA Shaun M. Lyons Steve Jeffries Proven. Results. Guaranteed. 4

5 Completed Deals Tenant Representation Malvern PA Kevin Healey Steve Jeffries 2900 Moreland Rd. Steve Jeffries Rosemont Square Kevin Healey Steve Jeffries 800 N. Eagle Rd, Havertown Wayne & Bella Vista Kevin Healey Steve Jeffries 821 N. 2nd St. Kevin Healey Shaun M. Lyons Penrose Plaza Kevin Healey Shaun M. Lyons 38 N. 3rd. Kevin Healey Steve Jeffries Seeking Sites ` Acres Shaun M. Lyons 3,000 SF Kevin Healey Shaun M. Lyons 5,000-10,000 SF 2,000-3,000 SF 3,500 +/- SF 5,000 +/- SF 3,500 +/- SF Pad Sites (Phila. Franchise Rep.) 2,000-3,000 +/- SF Shaun M. Lyons 3,500 +/- SF 2,500 SF Jacob Baldwin Steve Jeffries 2,500 SF 5

6 PRG: Fitness Specialist Tenant Representation Tenant Representation Seeking Sites 3,000-5,000 SF Kevin Healy Steve Jeffries The hottest concepts in the city currently expanding other than bar/restaurants are within the health and fitness category. We are representing a wide range of Tenants in the fitness space as well as the healthy food QSR s. We have also seen a shift to second floor spaces for fitness becoming more and more prevalent due to the rising ground floor rents. - Vice President, Kevin Healey

7 PRG Land Development 120 & 124 Bloomingdale Ave On the Main Line Linden Hall In the PA Suburbs, town home development s are popping up more so than even single family homes. Millennials don t want any maintenance but want to live in a brand new home and the Baby Boomers all want to down size. Our firm has been actively involved in the sale of two of the most successful developments in Philadelphia Main Line. If you can line up price expectations, most national home builders are still very actively purchasing. - Partner & Co-Founder Stephen J. Jeffries 7

8 New Listing Assignments The Schmidt s Commons Retail Located in Northern Liberties, The Schmidt s Commons (former Piazza) is Rebranded, Recharged, and Revitalized. Retail availabilities located under 500 luxury residential units full of young professionals. LaSalle University A new pad-site availability at The Shoppes at LaSalle along with three retail availabilities in the area. All across the street from LaSalle Business School. 8

9 Current Availabilities LaSalle University Pad Site Adjustable Size 218 Arch St. Old City 1,823 SF 641 N. Broad St. 14,900 SF 5665 Wister St. LaSalle University 1,000 SF 240 N. 2nd St. Old City 1,500 SF South St. Queen Village 1,721 SF 1030 N. 2nd. St. Northern Liberties 2,673 SF 5th & Bainbridge St. Headhouse 611-3,200 SF 2108 Walnut St. Center City 1,200 SF 501 South St. Headhouse Square 4,000+ SF 15th & Locust St. Center City 2,700 SF 100 Chestnut St. Old City 1,100 SF 9

10 Company News PRG Welcomes Tommy Ciccarone Jr. Principal Tommy Ciccarone, Jr. joins Precision as our new suburban branch partner. Tommy was born & raised in West Chester. Tommy received his BS in Marketing Management at Virginia Tech, and his Master s in Business Administration from Eastern University. Tommy is intimately familiar with Philadelphia & its outlying suburbs from an earlier career managing business operations of Parkway Cleaners which was one of the largest cleaners in the region. Tommy helped negotiate the sale of the business which included nine retail leases, as well as two sale lease backs to the new owners. His knowledge of the region, especially the businesses and people of the tri-state area, is extensive. Tommy brings a blue collar ethic and a dedication to his trade and his clients. He has extensive experience in all aspects of commercial real estate including office, industrial, retail, land development and investment sales. Tommy and his family have been committed to hard work in their communities as well as their trade. PRG Welcomes Anthony Fusco Jr. Director Anthony Fusco, Jr. is a Philadelphia entrepreneur with a well established career in the real estate industry. After graduating from Widener University with a B.S. in Finance (1988), Anthony joined the Berman Development Corporation. Within a two-year period, he was named top salesperson of the Multi-Unit Investment Property Division and was appointed Assistant Vice President Sales/Marketing. Anthony is the recipient of numerous awards in the real estate field, including the Silver, Gold and Platinum Awards from the Philadelphia Board of Realtors, the Gold Award for both Individual Achievement and Company Leadership from the National Association of Home Builders, and the Pinnacle Award (Salesperson of the Year) from the National Sales and Marketing Council His professional association memberships included the National Sales and Marketing Council, Pennsylvania RPAC and the National Board of Realtors. PRG Welcomes Kirk Nelson Senior Sales Associate Kirk Nelson has sat on all sides of the real estate table as a buyer, seller, tenant and landlord. From his experience, he knows how to negotiate a deal among competing interests. Kirk has successfully brokered commercial real estate deals first in Seattle and now Philadelphia. A graduate of the University of Washington, Kirk holds degrees in Economics and Philosophy. He is a aggressive entrepreneur, who built three successful businesses, including a general contracting company in Seattle and a marine contracting company in Baltimore. His last endeavor was Wedge + Fig, a successful restaurant in Old City. Between these various enterprises, brokering deals for others and managing his own real estate holdings, Kirk found time to sail over 50,000 miles on his 40 sailboat, cruising the Pacific, Atlantic and Caribbean with his wife. When they swallowed the hook and returned to shore, Philadelphia became their home. PRG Welcomes Alan Krawitz Sales Associate Alan Krawitz joined Precision Realty Group in He grew up in the Philadelphia, suburban region and has lived in the city for years. Alan obtained his bachelor s degree in Business Administration and MBA at Widener University. Prior to to joining the PRG team, Alan was a food truck owner and restaurateur. Most notably, Alan secured the location, negotiated the lease, financed the fit out, and managed the construction of a very popular quick service restaurant in the Rittenhouse Square neighborhood of Philadelphia. Seeing all aspects of the commercial real estate process from the other side of the table, Alan grew an interest in the real estate world. Alan brings passion, high energy, and tenacity to every project he works on. With only client satisfaction in mind, he is singularly focused on delivering best in class value to every real estate transaction. His experience as a business owner gives him a unique viewpoint to every assignment. His time is currently spent on retail tenant representation and investment sales in Philadelphia and the surrounding suburbs. 10

11 Affiliations Site Source Retail Broker Network provides commercial real estate solutions and superior customer service to our clients across the country. Our network of professionals offers not only national reach, but also the necessary local market knowledge to assist our clients in making informed and timely decisions. Business Clubs America (BCA) is a national business development organization that focuses on building relationships, increasing sales, and promoting member businesses within each locally managed market. Founded in 1957, ICSC is the global trade association of the shopping center industry. Its more than 70,000 members in over 100 countries include shopping center owners, developers, managers, investors, retailers, brokers, academics, and public officials. They are a significant job creator, driver of GDP, and critical revenue source for the communities they serve through the collection of sales taxes and the payment of property taxes. Our Team SHAUN M. LYONS President and CEO SLyons@PrecisionRG.com BRITT MAZZAGATTI Director of Property Management BMazzagatti@PrecisionRG.com ANTHONY FUSCO JR. Director Anthony@PrecisionRG.com EDWARD M. PAUL Director of Management EMPCO@aol.com KIRK NELSON Senior Sales Associate Kirk@PrecisionRG.com STEVE JEFFRIES Co-Founder SJeffries@PrecisionRG.com BAILEY GLAZER Director of Marketing Bailey@PrecisionRG.com CHRIS FARMER Sales/Leasing Associate CFarmer@PrecisionRG.com WARREN DUNLAP PRG Management WarrenDunlap@aol.com ALAN KRAWITZ Sales/Leasing Associate Alan@PrecisionRG.com KEVIN HEALEY Vice President KHealey@PrecisionRG.com TOMMY CICCARONE JR. Principal Tommy@PrecisionRG.com IAN MURPHY Vice President IMurphy@PrecisionRG.com GLENN PEW PRG Management Glennedgarpew@aol.com JACOB K. BALDWIN Sales/Leasing Associate Jacob@PrecisionRG.com precisionrg.com 1425 Walnut St. Suite