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September 2011 Weekly Review - Volume 4



S ep te m b er, 2 0 1 1

                                                                A Weekly Publication by Bryan Cole of NAI Keystone Commercial & Industrial, LLC

    Berks                                                                                                                         this issue
    Real Estate                                                                                                              Impact of CRE Front
                                                                                                                   1031 Exchange Activity Front
    A Week in Berks:
                                                                                                                             Bryan’s IPhone Front
    PCA opens new plant
                                                                                                                    1031 Activity continued Back
    Packaging Corporation of Ameri-

    ca (PCA) opens new manufac-                                                                                    Assignment of the Week Back
    turing plant in Muhlenberg Town-

    ship Berks County. The facility
                                                              Assignment of the week - See Back
    is a 220,000 sf. Former distribu-

    tion center. The building was
                                        1031 Exchange Activity Picks Up
    expanded from 208,500 sf. to

    allow for a new rail spur. The
                                           Between 2002 and 2007, real estate investors and develop-
    property was marketed by NAI
                                        ers built tremendous wealth and preserved significant equity
    Keystone and owned by Brasler
                                        by using tax-deferred exchanges under Section 1031 of the
    Properties and Endurance.
                                        IRS Code. During the economic downturn, exchanges were
                                        used less frequently for preserving equity from the apprecia-              Don’t Forget to Subscribe
     See Monthly Newsletter or blog
                                        tion of real estate—mainly due to offsetting losses from other
               for full details.
                                        transactions or a general erosion of equity altogether. More
                                        often, over the past
                                        few years taxpayers
    Fiesta Mexicana Restaurant                                                                                                    *NEW*
                                        used exchanges as
                                        strategy for defer-                                                                       & Improved
    Lower Alsace Township will be       ring potential tax
    home to the Fiesta Mexicana         liability from short
    Restaurant. A 2,200 sf. building    sales and foreclo-                                                        Subscribe to:
    which will have seating for ap-     sures.                                                          
    proximately 75-80 people., and a
                                          However, taxpayers are again relying on exchanges now
    bar for 12-14 people.
                                        that some real estate assets are selling at a gain.
                                        Exchange Trends
      Two more properties off the

                 market!!!                In August 2010, the volume of exchange transactions began
                                        to increase significantly. This trend started with developers        Next Edition:
                                                                                      Continued on Back               Capital Management Tools
    Information obtained from various
                                                                                                                      for any Economic Climate

                Bryan Cole of NAI Keystone Commercial & Industrial, LLC | 610.779.1400 | 3970 Perkiomen Ave. Suite 200, Reading PA 19606
                                         and investors selling singular assets and asset portfolios to large REITS and private equity funds
                                       that were looking to purchase assets with cash. Class A and B multifamily assets and single-tenant
                                       NNN assets were their typical targets. These purchases fueled the start of new construction ex-
                                       changes by many of the selling developers, especially in the single-tenant NNN industry.
                                         The exchange trend has spread to larger, more institutional assets in the office and retail sectors.
                                       Grocery-anchored retail centers have also been at the center of exchange activity. The common
                                       underlying characteristic of the assets being sold in these exchanges has been the stability of the
                                       asset, often stemming from strong credit tenants.
Contact Info:
                                                                                              - Article obtained from North East Real Estate Business Journal.

                                         Due to the limited room in our weekly updates, Please visit for
Bryan Cole, Sr. Associate              the remainder of the article.
610.370.8502 (direct)                                                                  117,000 sf. NNN deal with 10 year initial lease term.
                                              Featured NNN Deals
610.370.8503 (fax)
610.209.9624 (mobile)                   (these properties are being marketed
                                          by NAI Keystone’s Bryan Cole and                              John Buccinno)                                                                Medical Facility                         147,000 sf. Industrial
                                         If Interested in NNN properties              15 Year NNN Deal                           14 Year Lease Term
                                         or the properties listed. Please
                                            give us a call or email me at

Assignment of the Week

                                                                                                                                      $2,000,000 Sale or
      101 S. Centre Ave, Leesport PA 19533
                                                                                                                                      Lease (Neg.)
      Sale or Lease

      Fronts Route 61

      24,000 sf. w/ additional 6,000 sf. Mezz.

      Flex Facility with High Traffic Volume

      Class A Facility

      2 Acre Lot

                       Call For More Information

  Information concerning any of the material and offerings come from sources deemed reliable, but no warranty is made as to the accuracy thereof, and they are submitted sub-
                      ject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate.

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