562,817 SF Manufacturing/Distribution Facility in Lake Mary, FL Aerial 480 Offices 61 Countries 15,000 Professionals $52 Billion in Transactions 1+ Billion SF Managed $2 Billion in Revenue About Colliers Colliers International is a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence, and a shared sense of initiative, we have integrated the resources of real estate specialists worldwide to accelerate the success of our clients. Property ProfileCompetitive Offerings The Colliers Team Building Type:Manufacturing / Distribution Size:562,817± SF Location:Lake Mary, FL Land Size:32.58± acres Year Built:1995, 1998 Dock High Doors:48 Power:Progress Energy Drive Ins:2 Zoning:M-2A, City of Lake Mary Parking:300+ Trevor Hall, Jr. Director Land Services Direct Mobile Comparable Sales Property SummarySale Price Property:1010 W Weir Road Address:1010 W Weir Road Size:314,467 Year Built:1991 Price PSF:$10.33 $3,250,000 Property:Madison Technology Park Address:2500 Dr F E Wright Drive Size:568,606 Year Built:1991 Price PSF:$12.31 $7,000,000 Property:2905 Old Oakwood Road Address:2905 Old Oakwood Road Size:309,000 Year Built:1998 Price PSF:$14.56 $4,500,000 Property:Former Reebok Building Address:3965 Pilot Drive Size:336,080 Year Built:1987 Price PSF:$15.18 $5,100,000 Property:1 Mutec Drive Address:1 Mutec Drive Size:340,170 Year Built:1989 Price PSF:$15.29 $5,200,000 Property:Braselton 85 Address:900 Hwy 124 Size:422,920 Year Built:1989 Price PSF:$19.39 $8,200,000 Property:Mikasa Address:1980 Clements Ferry Road Size:849,850 Year Built:1998 Price PSF:$23.53 $20,000,000 Property:Region Court Address:5200 Region Court Size:407,000 Year Built:1988 Price PSF:$32.92 $13,400,000 Marketing Strategy Dolores S. Seymour, MCR, CCIM, SIOR Managing Director Industrial Services Direct Mobile Marketing Objective Maximize Sales Price Minimize Time to Closing Property Understanding the property Built as Manufacturing/Distribution Facility 8 th largest industrial building in Orlando Market Not economically feasible to reconfigure to alternate use Establish approximate market value Comparable Sales Competitive Offerings on Market Identify Buyers Local, Regional, National, and International Marketing must reach out to all prospective buyers regardless of location Marketing Create / Install / Insert High Quality Marketing Materials Two or Four page flyer, marketing brochure is appropriate Create / Host a dedicated secure website for the property Install signs on the property Broker / User blasts Create a list of user / investors for a mass mailing via USPS Rose Shorten Regional Director Property Management Direct Mobile William E. Parke, SIOR Director Industrial Services Direct Mobile Edward L. Miller, CCIM, SIOR Principal, Managing Director Industrial Services Direct Mobile Danny Rice GIS & Market Analytics Direct Fax Property SummaryAsking Price Property:88 Armory Road Address:88 Armory Road Size:301,550 SF Year Built:1998 Price PSF:$15.92 $4,800,000 Property:Mohawk Distribution Center Address:212 Burlington Drive Size:565,793 SF Year Built:1996 Price PSF:$17.32 $9,800,000 Property:Elkin Industrial Park Address:1000 Candle Wycke Land Size:416,000 SF Year Built:1997 Price PSF:$20.43 $8,500,000 Property:Florence Industrial Center Address:1500 Range Way Size:423,581 SF Year Built:1989 Price PSF:$23.61 $10,000,000 Property:Santens of America Address:5121 Old Pearman Dairy Road Size:427,377 SF Year Built:1989 Price PSF:$24.57 $10,500,000 Property:9105 Hacks Cross Road Address:9105 Hacks Cross Road Size:605,427 SF Year Built:1995 Price PSF:$28.08 $17,000,000 Property:NACOM Address:375 Airport Road Size:509,000 SF Year Built:1997 Price PSF:$29.47 $15,000,000 Property:Kelly Road Warehouse Address:2973 Kelly Boulevard Size:411,706 SF Year Built:1999 Price PSF:$40.08 $16,500,000 Acquisitions Tenant Representation Landlord Representation Real Estate Management Construction Management Appraisal & Valuation Core Services Investment Sales Office Sales & Leasing Industrial Sales & Leasing Retail Sales & Leasing Land Sales Multi-Family Negotiate terms for the Purchase and Sale Considerations Timing Price Contingencies Financial capability of buyer Buyer’s proposed use of property Closing on Sale