4110 Butler Pike pitchbook
4110 Butler Pike Plymouth Meeting, PA
Proposal for Sublease Services
To Kelley Stewart Frontier Communications Corp.
January 2013
feet meters
1000
500
Strategy Dedication Success SUBLEASE Services
Your Dedicated Team
2012 CLOSED LEASE TRANSACTIONS
Total Transaction Volume
Marketing Team
2011 CLOSED LEASE TRANSACTIONS
Total Transaction Volume
Mike Kemmet Senior Vice President
Nick Adams (Local Agent)
Charlotte Support Team
2010 CLOSED LEASE TRANSACTIONS
Total Transaction Volume
Sarah Godwin Senior Analyst
Kate Reilly Marketing Manager
Rachael Weiss Brokerage Assistant & Marketing
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Strategy Dedication Success SUBLEASE Services
Marketing Plan
Best-in-Class Marketing Materials
A Cassidy Turley Marketing Strategy Programs and Tools to Expedite Leasing
Our Strengths
Creative Deal Makers
•
Market and Property Evaluation Collect information for property, competition and overall market for Charlotte to determine target audience and create custom marketing plan for the asset.
• Progress-Oriented Marketing
Tailored Visuals to Accompany Proposals
• Timely & Responsive Feedback
Collateral and Online Presence Design and prepare custom full color marketing collateral suitable for email distribution and hard copy.
Monitoring Performance
•
List featured properties on online commercial real estate search services
Materials
Listing Services • CoStar • LoopNet • SiteIndex
•
Flyers, Brochures (Interactive), Display Boards HTML emails and promotions Property Website
•
A C T I V I T Y
Highly-detailed Leasing Reports, Available Daily
•
C R E A T E S
CONSTANT DEAL FLOW
Advertising and Promotion Develop local advertising schedule and discuss promotional options including direct and email campaigns, broker events and incentive programs to continue promotion of the property throughout the life of the listing. Public Relations Maintain local and national media lists to target press release mailings and promote events. Four Resource Square will benefit from Cassidy Turley’s locally-hired PR firm for additional innovative ideas to generate activity.
A C T I V I T Y
Before the Tour • Know the prospect by asking the right questions • Research company; know existing location, motivations and requirement details • Work with Property Management to prepare space and building for optimal showing conditions
Source the Prospect • Mixed media strategy using brokers, direct contact and events • Understanding the competitive set of buildings and tenants therein • Cold calling tenants and sending unsolicited proposals to prospects inside and outside of the submarket
After the Tour • Detailed follow-up with broker and/or prospect: what did we do well, how can we improve? How did Four Resource Square stack-up to competition? • Understand what it will take to WIN THE DEAL. • Follow up with visuals and custom, supplemental marketing materials that stimulate more dialogue with the broker and/or prospect. • Provide ownership with a detailed leasing report so that you know of all proactive marketing endeavors, real-time prospect list and information as to why we did or did not win deals.
• More preparation = higher probability of tour success
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Strategy Dedication Success SUBLEASE Services
Discipline. Accountability. Aggressive Marketing Plan.
April
February
July
March
May
June
Monday, April 1st: Tuesday, April 2nd: Tuesday, April 9th:
Monday, March 4th: Tuesday, March 5th Friday, March 8th Monday, March 11th: Wednesday, March 27th:
Monday, February 4th Tuesday, February 5th Friday, February 8th Wednesday February 13th Tuesday, February 26th:
Monday, June 3rd: Tuesday, June 4th: Tuesday, June 11th: Monday, June 18th: Wednesday, June 26th:
Monday, July 7th : Tuesday, July 8th: Thursday, July 17th: Monday, July 22nd: Thursday, July 25th:
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Monday, May 6th: Tuesday, May 7th:
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Monthly Skype or conference call
Monthly Skype or conference call
Monthly Skype or conference call
Monthly Skype or conference call
Monthly Skype or conference call
Monthly Skype or conference call
Team cold-calling to targeted prospects
Shotgun email to Tenant Rep Brokers, highlight availability Hard Mailer/Post card to Prospective Tenants Featured Property hard mailer to all Tenant Rep Brokers in Charlotte
Review databases for accuracy
Team cold-calling to targeted University Prospects SiteIndex Email Blast to all office & industrial brokers Review meeting: database and online marketing materials
Hard Mailer / Postcard to prospective tenants
Walk competitive set of buildings
Team Cold Calling Session
Site Index Blast Announcement highlighting availability
Team cold-calling to targeted prospects
August
September
October
November
December
January
Monday, December 2nd: Tuesday, December 3rd: Monday, December 16th: Thursday, December 19th:
Monday, January 5th: Tuesday, January 6th: Thursday, January 23rd: Wednesday, January 29th:
Monday August 5th:
Monday, September 9th:
Monday, October 7th:
Monday, November 4th:
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Send monthly Leasing Report
Monthly Skype or conference call
Monthly Skype or conference call
Tuesday, Aug. 6th:
Monthly Skype or conference call
Tuesday, September 10th:
Tuesday, October 8th:
Tuesday, November 5th:
Monthly Skype or conference call
Monthly Skype or conference call
Monthly Skype or conference call
Hard Mailer / Post Card to prospective tenants
Send winter Holiday cards to all Tenant Rep Brokers
Thursday, August 8th:
Team cold-calling to targeted prospects
Monday, September 16th:
Tuesday, October 14th:
Team cold-calling to targeted prospects
Team cold-calling to targeted University Prospects
Team cold-calling to targeted prospects
Year-end team review and 2014 planning session
Wednesday, August 14th:
Featured Property hard mailer to all Tenant Rep Brokers in area
Friday, September 20th:
Thursday, October 17th:
Hard Mailer/Post card to Prospective Tenants
Broker Breakfast visit - Mohr Partners
Thursday, August 29th:
SiteIndex bast to all brokers
Tuesday, October 22nd:
Email blast to all brokers highlighting availability
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Strategy Dedication Success SUBLEASE Services
Professional References
SYNDER’S-LANCE Doug McCraven 704.554.5564 DMcCraven@synderslance.com Client since 2008 • Lease Transaction Services • Sublease Services • Disposition Services
COMPASS GROUP Marty Scannell 704.335.4438 Martin.Scannell@compass-usa.com Client since 2005 • Lease Transaction Services • Sublease Services • Disposition Services
SUNTRUST BANK Martha Byrd 404.588.7518 Client since 2012
FURNITURE BRANDS Greg Darus 314.290.8996 GDarus@furniturebrands.com Client since 2009
• Lease Transaction Services • Sublease Services • Disposition Services
• Disposition Services
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Strategy Dedication Success SUBLEASE Services
Company Information
More than sixty offices.
Thousands of professionals who know our market.
Cassidy Turley - Growth
Creating more value for our clients every day.
WEST
Northern California
Quick Facts • 60+ U.S. offices
Our Core Values E xceptional Results for Our Clients We do whatever it takes, wherever it takes us. D edication to Our Communities We don’t just work in our communities, we belong to them. G rowth for Our Company We grow to get better, not just bigger. E nergizing Workplace for Our Associates Our people are more than assets; they are Cassidy Turley
Burlingame Capitola Monterey
Pleasanton Sacramento Salinas San Francisco San Jose
San Rafael Santa Rosa Walnut Creek
EAST
Baltimore, MD Bethesda, MD Boston, MA
Oakland Palo Alto
MIDWEST
Charlotte, NC Columbia, MD New York, NY Parsippany, NJ Raleigh, NC Rochelle Park, NJ Somerset, NJ Tysons Corner, VA Washington, DC
Cincinnati, OH
Columbus, OH
Southern California San Diego Carlsbad Orange County Los Angeles
Dayton, OH Indianapolis, IN Kansas City, MO Louisville, KY Nashville, TN St. Louis, MO Milwaukee, WI Minneapolis, MN
• $22 billion in transaction volume completed for 2011 • 455 million SF managed portfolio on behalf of corporate, institutional and private clients • 3,700 associates, including more than 900 brokers
Colorado Denver Denver Tech Fort Collins
Arizona Phoenix
SOUTH
Atlanta, GA Dallas, TX Houston, TX Tampa, FL
National Scale . Local Expertise
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Strategy Dedication Success SUBLEASE Services
Business Arrangements
TERM OF LISTING
12 months (Client can terminate at any point with 30 day written notice)
COMMISSIONABLE RENT
Gross Rent over Lease Term
LEASING FEES
8% of the gross rent over the lease term for a direct deal; Co-Broker is 8% of the gross rent over the lease term with Cassidy Turley keeping 4% and 4% to the Co-Broker
PAYMENT
New Deals:
10% at lease execution
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