SVN Live 5.9.22 Weekly Property Broadcast
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In Q1 2022, the industrial sector experienced a significant drop in transaction volumes to $33.91 billion, though this remains higher than Q1 2021 figures. Industrial asset prices continued to rise, reaching $139 per square foot, marking a 21% increase over the past year. Various real estate transactions are highlighted, including sales in retail, office, multifamily, and industrial sectors across multiple states.
SVN Live 5.9.22 Weekly Property Broadcast
- 3. www.SVN.com Economic Updates Provided by ○ After three consecutive quarterly increases, Industrial sector transaction volumes fell in Q1 2022 to $33.91 billion from $77.0 billion in Q4 2021. Still, volume is above the 22.6 billion registered in Q1 2021. ○ On a per square foot basis, Industrial sector asset prices climbed by 6.5% quarter-over- quarter to $139 per square foot. Momentum in the sector has remained strong throughout the pandemic recovery, with Industrial assets prices climbing by 21.0% over the past year. Industrial Sector Update
- 5. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap SEAN DINH sean.dinh@svn.com 510.846.4649 SVN | Capital West Partners $1,050,000 3,024 SF $347 RETAIL | 1417-1419 WEBSTER STREET | ALAMEDA, CA ○ Multi-tenant retail investment sale ○ Established long-term tenants ○ Sold to an investor buyer in an all cash transaction 4.2%
- 6. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $1,200,000 6,600 SF $182 RETAIL | 18492 HWY 18 | APPLE VALLEY, CA ○ Fully leased at the time of sale ○ Attracted numerous all cash offers SVN | Vanguard JUVE PINEDO juve@svn.com 714.348.6099 4.96%
- 7. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,700,000 5,245 SF $324 OFFICE | 9201 WHITTIER BLVD | PICO RIVERA, CA ○ Owner/user medical building ○ Marketing package and email blast generated multiple inquiries ○ Received multiple offers within first two weeks of marketing ○ All cash buyer who closed escrow within 25 days of acceptance SVN | Vanguard JON DAVIS jon.davis@svn.com 949.558.0302
- 8. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $3,100,000 10,383 SF $299 MULTIFAMILY | 1221 AIRPORT DRIVE | ONTARIO, CA ○ Single story on over 1 acre of land ○ All cash sale ○ Property rezoned to commercial, across the street from Ontario International Airport ○ Rents are 38% below market rents ○ Seller exchanged into a minimal management property with double digit returns ○ Making the impossible, possible one transaction and dream at a time SVN | Vanguard DAVID CENDEJAS david.cendejas@svn.com 909.815.1081 4.4%
- 9. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $1,250,000 24,600 SF $51 SELF STORAGE | 1309 GORDON STREET & 115 OLD HWY 6 | SAINT MATTHEWS AND CAMDEN, SC ○ 2 property portfolio located in Columbia, SC ○ 155 Rentable units including, 12 parking spaces, and 1 commercial tenant ○ Immediate upside potential: additional land sold separately ○ Multiple offers - cash buyer SVN | Wilson Commercial Group, LLC KRISTEN ASMAN kristen.asman@svn.com 614.270.9077 7%
- 10. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,300,000 8,800 SF $148 INDUSTRIAL | 1911 W CHERYL DRIVE | PHOENIX, AZ ○ Standalone industrial building within Black Canyon Commerce Park ○ Purchased by an investor ○ Tenant in tow ○ Tight submarket with ±2% vacancy JONATHAN LEVY jonathan.levy@svn.com 480.425.5538 SVN | Desert Commercial Advisors
- 11. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF GARY GUSTAFSON gary.gustafson@svn.com 415.516.1863 SVN | MG Property Advisors, Inc. $1,400,000 4,423 SF $317 INDUSTRIAL | 79 GALLI DRIVE - UNITS 1, 2, 3, 4, 6, 7 | NOVATO, CA ○ Industrial condominium ○ High demand - sold before going on open market ○ Prior use: engineering co, new use: car collection ○ Owner will gut all interior improvements ○ Seller was result of contact during earlier sale in the same building LYNSEY KAYSER lynsey.kayser@svn.com 415.897.4422 SVN | True Real Estate Partners
- 12. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,750,000 4,884 SF $358 RESTAURANT | 523 E GREGORY ST | PENSACOLA, FL ○ Located in the restaurant row of downtown Pensacola ○ Over 50 on-site parking spaces ○ Purchase includes FF&E in place ○ The home of long-time (21 years) Pensacola favorite, Franco's Italian Restaurant ○ Great access SVN | SouthLand Commercial MICHAEL CARRO, CCIM mcarro@svn.com 850.380.3344
- 13. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $5,300,000 117,000 SF $45 SINGLE TENANT INVESTMENT | 85 STONE BLVD | CANTONMENT, FL ○ NOI $407,750 ○ Tenant has leased the building since May 2013 ○ Sales price $46.45/SF ○ BELOW market rent at $3.50/SF ○ NNN lease ○ NEW roof 2022 7.69% SVN | SouthLand Commercial MICHAEL CARRO, CCIM mcarro@svn.com 850.380.3344
- 14. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $2,000,000 6,219 SF $322 INDUSTRIAL | 6680 NW 17TH AVENUE | FORT LAUDERDALE, FL ○ 6,219 SF office/warehouse on 1 acre ○ After 12 years of cold calling, the time was finally right! ○ Sold at a 9 cap with a 3 year leaseback SVN | Commercial Realty KEITH KIDWELL, CCIM, SIOR keith@svncr.com 954.234.8777 LES BYRON, CCIM, SIOR les@svncr.com 954.401.4713 STEVE DAVIS steve@svncr.com 954.650.7824
- 15. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF ELIZABETH LEDER liz.leder@svn.com 720.575.9109 SVN | Denver Commercial $2,225,000 7,327 SF $304 LAND | 1129 CHEROKEE STREET | DENVER, CO ○ The parcel is going to be part of a redevelopment project consisting of a high-rise apartment building ○ The price per square foot was in the top 3 for parcels under 10,000 sf ○ Sold for over $225,000 more than sellers initially believed they could receive after being advised to increase the asking price ○ Liz was the 4th or 5th broker to represent the Seller consisting of 3 attorneys making up the membership of the LLC
- 16. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893 TROY MEYER troy.meyer@svn.com 303.974.5737 SVN | Denver Commercial $9,000,000 49.927 SF $180 INDUSTRIAL | 1820 JET STREAM DRIVE | COLORADO SPRINGS, CO ○ Tenant is converting 1st floor to food production facility ○ Buyer and seller had been negotiating for years before buyer hired us to facilitate the sale ○ Property has additional land, which buyer intends to develop
- 17. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $3,280,000 30 acres $109,333 LAND | 4620 GUESS ROAD | DURHAM, NC ○ +- 32 acre suburban infill development site ○ 5 selling entities comprising 10 principals ○ Planned 50,000 SF premium grocer, 2 outparcels, and 200 townhomes SVN | Real Estate Associates REGGIE OAKLEY reggie.oakley@svn.com 917.771.7783
- 18. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price No. of Units Price/Unit Cap $3,302,700 13 units $254,054 SFR PORTFOLIO | POPLIN GLEN PHASE 1 TRANCHE 6 | CHARLOTTE, NC ○ Total three-phase 268 home BFR community totals $68mm ○ Three different product types appealing to a variety of tenants ○ Tranche 6 closed at $3,302,700 ○ Construction to be complete 1Q-2023 7% JEFF CLINE j.cline@svn.com 602.466.1381 MICHAEL FINCH michael.finch@svn.com 602.441.5354 SVN | SFRhub Advisors MARK MAYFIELD mark.mayfield@svn.com 803.325.1000 x2 SVN | Southern Commercial Real Estate, LLC
- 19. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap JOSH SNYDER josh.snyder@svn.com 925.876.0884 SVN | Rich Investment Real Estate Partners $5,800,000 14,430 SF $402 SINGLE TENANT INVESTMENT | 2133 STATE ROAD 46 | TERRE HAUTE, IN ○ 1031 buyer ○ Closed at 96% of list price ○ Closed at 5.70% cap rate with government credit and flat lease 5.7% DIANA PARENT, CCIM diana.parent@svn.com 260.489.8500 SVN | Parke Group
- 20. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2022 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $25,000,000 70,000 SF $357 OTHER | 509-21 N UNION, 508-28 N DESPLAINES | CHICAGO, IL ○ 70,000 SF land site ○ Buyer has potential to develop up to 567,000 SF on site ○ SVN beat 8 other firms to acquire the exclusive listing ○ The transaction took over 2 years to complete due to the pandemic ○ The buyer plans high density, multi-use development SVN | Chicago Commercial SCOTT MAESEL scott.maesel@svn.com 312.676.1860 DREW DILLON drew.dillon@svn.com 734.223.2315
- 23. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF INDUSTRIAL | 760-766 INDUSTRIAL DRIVE | CARY, IL Subject to Offer 1.5% 83,760 SF ○ Opportunity to acquire a two-building 100% leased multi-tenant industrial portfolio in McHenry County ○ Located near Route 31 off Cary/Algonquin Road ○ 4.58 AC lot size ○ $1.45 PSF taxes 6.1% SVN | Chicago Commercial DAN TOBIN dan.tobin@svn.com 847.867.2739 CAITLIN CRAWFORD caitlin.crawford@svn.com 773.971.8317
- 24. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size RETAIL | 737-753 W PALATINE ROAD | PALATINE, IL Subject to Offer 1.5% 4,840 SF ○ Cap rate: 5.49% ○ A prospective buyer can enjoy the property taxes and operating expenses paid with no LL responsibilities for 1.5 years while searching for a new tenant, or a retail or medical office user can occupy the property at the lease expiration or earlier ○ Corporate guaranteed by 7-Eleven Inc. (S&P: AA-) ○ 7-Eleven master leases entire 4,480 SF building ○ No landlord responsibilities SVN | Chicago Commercial JAMES MEAD, CCIM james.mead@svn.com 312.676.1871
- 25. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size INDUSTRIAL | 2655-2660 NE 189TH ST | MIAMI, FL Subject to Offer 1.625% 35,000 SF ○ Opportunity to own a well-maintained, two-building industrial portfolio with four tenant bays in high barrier to entry submarket of Aventura, FL (Miami MSA) ○ Long term redevelopment with liberal zoning allowing 6 stories for most uses ○ Pristine showroom buildout in both properties with four grade ○ Level doors and one dock high loading positions SVN | Commercial Partners ADAM H. KLEIN adam.klein@svn.com 561.282.9296 ELON GERBERG elon.gerberg@svn.com 561.485.1129
- 26. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Lease Rate Lease Terms Tenant Rep Fee Size RETAIL | 6118 FARRINGTON ROAD | CHAPEL HILL, NC $15.50 PSF NNN 3% ○ Anchor tenant space/potential for grocery anchor ○ Regional location at I-40 and Hwy 54, with 44,000 vpd ○ Gateway to the University of North Carolina ○ Close to Research Triangle Park and RDU Int'l Airport ○ New tenants include Gold's Gym and Starbucks 22,500 SF SVN | Real Estate Associates JOHNNY WEHMANN johnny.wehmann@svn.com 919.259.3618 SETH JERNIGAN, CCIM seth.jernigan@svn.com 919.475.7080
- 27. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre LAND | 2050 BASIN ST SW | EPHRATA, WA $1,800,000 $54,000 8.29 acres ○ 2 parcels that make up a total of 8.29 acres of flat, usable and buildable land ○ Over 10,000 SF office/warehouse space ○ Situated with ±830 feet of frontage on Highway 28, the main arterial running through Ephrata, WA ○ Excellent retail location with exposure, visibility and traffic counts $217,129 SVN | Cornerstone JESSE FOX jesse.fox@svn.com 509.850.2805
- 28. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF INDUSTRIAL | 32832 WOLF STORE ROAD | TEMECULA, CA $1,950,000 $58,500 6,500 SF ○ ±6,500 SF unit within a small business park surrounded by retail and residential ○ Located along Temecula's most vibrant arterial corridor's on the way to Temecula Wine Country ○ Currently the space is built out as a fitness center $300 SVN | Insight Commercial Real Estate Advisors STEVE CASTELLANOS stevec@svn.com 951.600.8634 JANET KRAMER janetk@svn.com 951.600.8634
- 29. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap MULTIFAMILY | 33 LYNCH STREET | ELGIN, IL $2,050,000 $41,000 14 units ○ Fully leased and has been historically fully leased since owner purchased the building 12 years ago ○ All units fully remodeled ○ 5 year old roof, 1 year old boiler and parking lot was just seal coated and striped ○ Located 40 miles north-west of downtown Chicago, in Illinois’ 6th largest city ○ Variety of studios, 1, 2 and 3-bedroom units 6.1% SVN | Chicago Commercial OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 NATHALIE FISHER nfisher@svn.com 312.414.0602 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 $146,429
- 30. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SINGLE TENANT INVESTMENT | 1325 W DETROIT BLVD | PENSACOLA, FL $2,705,728 $54,115 28,600 SF ○ Lease rate increased Jan 1 to $196,127.63 ○ NNN ground lease ○ 20+ year tenant at this location ○ 3 years left on lease ○ Difficult to relocate this type of facility ○ Easy access from 1-10, Hwy 29 and Detroit Blvd ○ Warehouse & office space in excellent condition ○ Zoning allows for significant industrial uses HC/LI and MDR $95 7.25% SVN | SouthLand Commercial MICHAEL CARRO, CCIM mcarro@svn.com 850.380.3344
- 31. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SINGLE TENANT INVESTMENT | 410 WASHINGTON AVE | CANTONMENT, FL $2,715,730 $54,315 1.79 acres ○ 2 tenant property ○ 100% leased ○ Annual lease rate increases ○ NOI $190,101 ○ $68.13 per SF (Less than replacement cost) ○ Below market rent $1,517,168 SVN | SouthLand Commercial MICHAEL CARRO, CCIM mcarro@svn.com 850.380.3344 7%
- 32. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF OFFICE | THE CITADEL - 2727 N 3RD ST | PHOENIX, AZ $3,438,050 $103,142 12,502 SF ○ Owner user/investor opportunity upwards of ±8,247 SF available for user ○ Supplemental rental income in place ○ Fully renovated in 2018- high end finishes throughout ○ Ideal Midtown Phoenix location convenient access to light rail and I-10/51 Freeways ○ Abundance of new development in area $275 SVN | Desert Commercial Advisors JUSTIN HORWITZ justin.horwitz@svn.com 480.425.5518 PAUL BORGESEN paul.borgesen@svn.com 480.425.5516 RICHARD LEWIS richard.lewis@svn.com 480.425.5536
- 33. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap MULTIFAMILY | SOUTH SIDE PORTFOLIO | 5300 MARTIN LUTHER KING DRIVE | CHICAGO, IL $20,000,000 $126,000 204 units ○ Multifamily portfolio 204 units ○ Great unit mix ○ Well maintained and managed ○ Desirable locations 7% SVN | Chicago Commercial JEFF BAASCH jeffrey.baasch@svn.com 312.286.0141 JOE CONNELLY joseph.connelly@svn.com 312.414.0428 $98,039
- 34. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap MULTIFAMILY | WEST SIDE PORTFOLIO | 5644 W WASHINGTON | CHICAGO, IL $31,000,000 $155,000 323 units ○ Multifamily portfolio 323 units ○ Great unit mix ○ Well maintained and managed ○ Desirable locations 7% SVN | Chicago Commercial JEFF BAASCH jeffrey.baasch@svn.com 312.286.0141 JOE CONNELLY joseph.connelly@svn.com 312.414.0428 $95,975
- 35. www.SVN.com Events & Webinars TUESDAY MAY 10 Property Management Council Meeting 8:00 AM PT | 11:00 AM ET TUESDAY MAY 10 Institutional Capital Markets Council Meeting 10:00 AM PT | 1:00 PM ET WEDNESDAY MAY 11 SVN Marketing Masterminds Meeting 8:30 AM PT | 11:30 PM ET WEDNESDAY MAY 11 Office Council Meeting 10:00 AM PT | 1:00 PM ET WEDNESDAY MAY 11 Golf and Resorts Council Meeting 11:00 AM PT | 2:00 PM ET FRIDAY MAY 13 SVN Marinas Council Meeting 8:00 AM PT | 11:00 AM ET SATURDAY MAY 14 Saturday Call with John McDermott 8:30 AM PT | 11:30 PM ET Date: May 9-13, 2022
- 36. THANK YOU for joining us!
- 37. Please visit www.svn.com for more information on the properties featured on today’s call and to view all of SVN’s active listings. DISCLAIMER This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All SVN® offices are independently owned and operated.