DAR PROPERTIES P O R T F O L I O
City
State
STRIVE Pricing
STRIVE NOI
STRIVE Cap Rate
MGT Co NOI
2017 NOI
2018 NOI
5561 Virginia Pkwy
McKinney
TX
$3,800,000
$256,477
6.75%
$250,222
$248,057
$225,140
McKinney Two-Tenant Strip
1980 N Central Expy
McKinney
TX
$2,450,000
$165,459
6.75%
$165,459
$162,329
$176,852
3
Cash America Pawn
5016 Lemmon Ave
Dallas
TX
$2,020,000
$106,260
5.25%
$106,260
$96,600
$84,028
4
BlueWave Express Wash
1665 Eldridge Pkwy
Houston
TX
$5,050,000
$341,000
6.75%
$341,000
$333,250
$325,208
5
Christian Brothers Automotive
7937 Westheimer Rd
Houston
TX
$3,080,000
$184,677
6.00%
$181,948
$180,379
$166,156
6
Christian Brothers Automotive
10010 McMullen Rd
Brandon
FL
$2,980,000
$178,946
6.00%
$176,301
$174,782
$168,821
7
Kirby’s Steakhouse
3305 E State Hwy 114
Southlake
TX
$4,080,000
$265,000
6.50%
$265,000
$265,000
$249,208
8
BlueWave Express Wash
9801 Jones Rd
Houston
TX
$4,400,000
$297,000
6.75%
$297,000
$290,250
$289,520
9
Target Strip on LBJ
5631 LBJ Fwy
Dallas
TX
$4,240,000
$211,800
5.00%
$211,800
$211,800
$153,902
10
Bexar County Office Building
2711 SE Loop 410
San Antonio
TX
$5,790,000
$463,110
8.00%
$467,378
$463,110
$354,159
11
ABA North Texas
6200 Virginia Pkwy
McKinney
TX
$1,830,000
$127,818
7.00%
$121,872
$121,872
$90,730
12
Multi-Tenant Office Building
1405-1415 Halsey Way
Carrollton
TX
$4,580,000
$312,574
8.25%
$308,753
$367,327
$325,858
13
Little Sunshine’s Playhouse
600 Zena Rucker Rd
Southlake
TX
$3,960,000
$267,000
6.75%
$267,434
$267,434
$316,710
14
Little Sunshine’s Playhouse
1501 Lohmans Crossing
Lakeway
TX
$4,630,000
$312,300
6.75%
$312,300
$312,300
$264,784
15
TW Restaurant Holder (Hooters)
4384 Sherwood Way
San Angelo
TX
$3,480,000
$200,000
5.75%
$223,443
$223,443
$184,048
16
Little Sunshine’s Playhouse
8030 Branch Drossing
The Woodlands
TX
$5,320,000
$359,349
6.75%
$359,349
$340,029
$351,869
17
Car Spa
5028 W Park Blvd
Plano
TX
$6,740,000
$455,000
6.75%
$455,000
$455,000
$447,200
18
Service King/Enterprise
4205 W Plano Pkwy
Plano
TX
$6,780,000
$424,000
6.25%
$424,000
$424,000
$462,849
19
Fireside Pies
1285 S Main St
Grapevine
TX
$2,760,000
$185,992
6.75%
$178,196
$185,992
$163,897
20
Winewood Grill
1265 S Main St
Grapevine
TX
$4,040,000
$283,070
7.00%
$266,256
$280,068
$304,049
$80,050,000
$5,451,584
6.59%
$5,378,970
$5,403,022
$5,104,987
Tenant
Address
1
Stonebridge Pediatrics
2
JENNIFER PIERSON 469.844.8885 | JPierson@StriveRE.com
JASON VITORINO
469.844.8887 | JVitorino@StriveRE.com
PROPOSED STRATEGY Portfolio or Individual Sales: We strongly believe taking the portfolio to market as a portfolio and also offering on an individual basis is in the best interest of the ownership. Rather than predetermining certain smaller portfolios within the entire DAR portfolio, its best to allow the market and/or the investor pool to ultimately determine how the portfolio will be sold. Knowing the #1 goal of the DAR ownership is to maximize profit, the portfolio most likely will be sold in individual pieces; the sum of the parts being greater than the whole. However, we don’t want to deny an institution or a high net worth private investor the right to buy the entire portfolio, hence we will offer and address both avenues: both as a portfolio and on an individual basis. As highlighted in the pricing analysis, we recommend taking the entire portfolio to market at $80,050,000. Conversely, as a portfolio value, the capitalization rate/pricing would be approximately 100 basis points lower or $68-69 million. So again, if the goal is to maximize profit, we recommend selling each asset individually. Why? There are many reasons, but the most prevalent is the average property value is $4 million - a perfect dollar value for the largest pool of investors, 1031-exchange buyers. They are the most aggressive buyers and plentiful in the $3-5 million range. Buying in bulk typically requires a discount, and smaller transactions don’t necessarily require an equity raise or financing, and is therefore less affected by interest rate hikes or return thresholds.
Timeline: The process takes 4-5 months on average, from start of marketing to closing the transaction. Upon approval of the marketing package(s), we mass expose the assets through various channels which takes approximately 45-60 days. Within that time, we will receive and review offers, qualify all potential buyers, arrange financing if need be, provide feedback and guidance and ultimately allow DAR to make an educated decision on how and with whom to transact. After negotiating the offers and purchase & sale agreements, which will take approximately 2-3 weeks, we will go under contract and close 60 days later, thus a total of 120-150 days.
Fees 3% fee on individual asset sale basis 1% fee on one transaction for the entire portfolio
WHY US? • Jason has ownership interest in several of the properties, thus no other agent has more incentive to maximize profit • Trust - Personal relationship with Sam and other DAR members, therefore our interest is aligned with the partnership to maximize value and do the right thing • Intimate knowledge of the entire portfolio. Sold a majority of the properties to DAR and have all due diligence materials to truly understand each individual asset. As a result, STRIVE will create value by scrutinizing and increasing the NOI • Help negotiate several leases and buyouts to the advantage of DAR – First Community Bank, Hooters, & Verizon • Sold 123 Christian Brothers and have 7 others agreed upon or currently under contract. With direct access to the CEO & CFO of the company – already obtained financial information that will assist and add value to the sale. Additionally, because Jason has sold virtually all of them and has several others listed we possess a source of buyers and lenders to help facilitate the transaction at the top of the market. • We are selling the property adjacent to Kirby’s Steakhouse and currently have 3 offers. We have an inherent buyer pool for properties in the immediate area • We have sold 7 Little Sunshine’s Playhouses – direct access to CEO & CFO and a built-in buyer pool. Additionally, we have sold over 25 preschools and understand that property segment • Jason & Jennifer have more than 35 years of experience, have personally been involved in and sold over 782 properties valued at close to $3 Billion, of which 469 are STNL – direct correlation to the DAR portfolio. We understand the market, serve our clients, and produce results! • We eliminate risk – highly qualify and interview each buyer to ensure the investor has the ability and funds to close the transaction. Whether it’s an individual transaction or a portfolio sale we will control the whole process with a hands-on approach • Collaborative effort & team approach – 1 team, 1 database. When you hire us you don’t get one person selling your asset, but rather 23 people rowing in the same direction to achieve the same goal, to sell your asset. Everyone within the firm is incentivize to sell the portfolio because everyone shares in the commission. Our team’s goal is aligned with the client at all times. Each agent is responsible for maintaining a geographical area and bringing buyers to the opportunity. Because 50% of the buyers of single tenant properties come from Texas, (2017 single tenant sales - Costar) we have more access to the most probable buyers than any other source. • Specialization - Our team, STRIVE, deals exclusively in retail investment sales in Texas; as a result of this standard, our team closes more retail transactions, attains more value for our clientele, and has the most extensive database of qualified buyers for Texas based retail than any other brokerage firm or individual in the nation – period. • Proprietary database consisting of every single retail property in the state of Texas and each of their respective owners. Unlike most firms, this is a central database where all 23 STRIVE members collectively share information and continually update data. With over 63,000 investors and agents, all of which specifically either do and/or want to do business in Texas, we proactively canvass the Texas market with an unwavering commitment to our Sellers. We link buyers to the opportunity through cooperation and sharing of information and fees. We leave no stone unturned in an effort to add value for our clients. • Our philosophy is aligned with your interests: More Brokers & Investors = More Offers = More Competition = Higher Price & Probability to Close.
Pertinent Info •
• • • • • • •
Christian Brothers Automotive - Sold 123 Christian Brothers and have 7 others agreed to or currently under contract. With direct access to the CEO & CFO of the company. Additionally, because Jason has sold virtually all of them and have several others listed we possess a source of buyers and lenders to help facilitate the transaction at the top of the market. Kirby’s Steakhouse - We are selling the property adjacent to Kirby’s Steakhouse and currently have 3 offers. We have an inherent buyer pool for properties in the area. Cash America - We have sold 8 or so properties in the immediate area - more than any other agent in the marketplace. BlueWave Express Wash - to our knowledge, only 2 agents have sold these. One is STRIVE. Little Sunshine’s Playhouse - We have sold 7 and have direct access to the CEO and CFO to help obtain pertinent information to facilitate the sale. Additionally, we have sold over 25 preschools and understand that property segment. Hooters & Verizon - We helped negotiate the terms of the lease and have intimate knowledge of rent and negotiations Fireside Pies & Winewood - Sold all 4 restaurants in the development and understand the development, HOA and the restaurants. With single member entities guarantying the lease, Jason has a personal relationships with the operators of all the restaurants in the development and is able to obtain information to assist and facilitate the sale. Car Spa - Jason is the only agent to sell these and knows the CEO & president of the company, a Boston guy
STRIVE Closings
Sample of Single Tenant Sales Property
City
State
Type
Price
Mesquite
TX
STNL
$3,070,000
Wylie
TX
STNL
$2,095,238
Walgreens
McAllen
TX
STNL
$2,631,000
Chase Bank
Coppell
TX
STNL
$2,825,000
Fort Worth
TX
STNL
$965,000
West Marine
Denison
TX
STNL
$575,000
Xplor
Leander
TX
STNL
$5,100,000
CBAC
Lewisville
TX
STNL
$2,530,000
Odessa
TX
STNL
$297,500
Dallas
TX
STNL
$4,950,000
CBAC
Sharpsburg
GA
STNL
$2,420,000
CBAC
Broadview Heights
OH
STNL
$2,660,000
CBAC
Goose Creek
SC
STNL
$2,373,000
Overland Park
KS
STNL
$5,932,636
Wylie
TX
STNL
$1,400,000
Outfront Media Digital Billboard
Baytown
TX
STNL
$490,000
Dairy Queen
Houston
TX
STNL
$685,000
Luby's
Houston
TX
STNL
$1,325,000
CBAC
Hixson
TN
STNL
$2,551,691
XPLOR
McKinney
TX
STNL
$5,365,000
QuikTrip
Arlington
TX
STNL
$2,425,000
El Paso
TX
STNL
$1,650,000
N Richland Hills
TX
STNL
$1,350,000
Tucson
AZ
STNL
$1,353,000
Dallas
TX
STNL
$1,680,000
Richardson
TX
STNL
$1,660,000
Dallas
TX
STNL
$3,500,000
Lewisville
TX
STNL
$4,750,000
Alburqueue
NM
STNL
$580,000
Tractor Supply Company
Woodville
TX
STNL
$1,325,000
Kiddie Academy
Little Elm
TX
STNL
$3,150,000
Christian Brothers Automotive
Lakeway
TX
STNL
$3,162,000
Roeland Park
KS
STNL
$6,850,000
Office Depot Credit Union of Texas
Westover Village - Take 5
Subway In-N-Out Burgers
Little Sunshine Starbucks
Bank of America AutoZone Circle K Starbucks Wendy's Chick-Fil-A XPLOR Bank of the West
Lowe's
Property
City
State
Type
Price
Taco Cabana
Humble
TX
STNL
$1,700,000
Chase Bank
Forney
TX
STNL
$2,850,000
Rio Rancho
NM
STNL
$2,308,000
Jack in the Box
Tomball
TX
STNL
$1,495,000
Little Sunshine
San Antonio
TX
STNL
$4,759,000
Wendy's
Fort Worth
TX
STNL
$1,800,000
Denton
TX
STNL
$2,650,000
AutoZone
Dallas
TX
STNL
$1,300,000
Murphy Oil
Plano
TX
STNL
$1,900,000
Wichita
KS
STNL
$2,350,000
Alpharetta
GA
STNL
$5,717,000
Christian Brothers Automotive
Greeley
CO
STNL
$3,100,000
Dollar General
Hector
MN
STNL
$1,162,500
Dollar General
Silver Lake
MN
STNL
$1,212,500
Jack in the Box
Dallas
TX
STNL
$2,675,000
7-Eleven
Frisco
TX
STNL
$4,640,000
7-Eleven
Frisco
TX
STNL
$4,850,000
St. Louis
MO
STNL
$2,595,000
Plano
TX
STNL
$3,750,000
Woodlands
TX
STNL
$4,791,316
Frisco
TX
STNL
$4,975,000
PPG Paints
Garland
TX
STNL
$550,000
WellMed
Schertz
TX
STNL
$3,500,000
Christian Brothers Automotive
Carrollton
TX
STNL
$2,550,000
Tractor Supply
Hemphill
TX
STNL
$1,637,000
Christian Brothers Automotive
Littleton
CO
STNL
$2,880,000
PPG Paints
Duncanville
TX
STNL
$550,000
KFC/Taco Bell
Pauls Valley
OK
STNL
$2,100,000
Garland
TX
STNL
$910,000
Beaumont
TX
STNL
$2,362,205
Dallas
TX
STNL
$3,360,000
Fort Worth
TX
STNL
$2,421,053
Cumming
GA
STNL
$2,609,764
Christian Brothers Automotive
Bone Daddy's
Christian Brothers Automotive Little Sunshine
Christian Brothers Automotive Quik Trip Little Sunshine QuikTrip
Take 5 Oil Christian Brothers Automotive QuikTrip El Pollo Loco Christian Brothers Automotive
Property
City
State
Type
Price
Dollar General
Mangum
OK
STNL
$355,000
Christian Brothers Automotive
Loveland
OH
STNL
$2,400,000
Empire Petroleum
Grapevine
TX
STNL
$2,524,000
El Paso
TX
STNL
$6,087,000
W Chester
OH
STNL
$2,586,000
Irving
TX
STNL
$716,500
North Richland Hills
TX
STNL
$1,325,000
Frisco
TX
STNL
$2,400,000
Angleton
TX
STNL
$1,049,000
Katy
TX
STNL
$1,444,400
Christian Brothers Automotive
Billings
MT
STNL
$2,625,000
Christian Brothers Automotive
Garland
TX
STNL
$2,400,000
Buna
TX
STNL
$1,500,000
Knoxville
TN
STNL
$2,626,772
Queen Creek
AZ
STNL
$2,785,000
Christian Brothers Automotive
Indian Trail
NC
STNL
$2,800,000
Pizza Hut
Meridian
MS
STNL
$1,250,000
Christian Brothers Automotive
Lafayette
CO
STNL
$2,700,000
Fort Worth
TX
STNL
$3,240,741
Tupelo
MS
STNL
$520,000
Family Dollar
Glenn Heights
TX
STNL
$1,475,000
Dollar General
Garfield
AR
STNL
$970,000
Christian Brothers Automotive
Chandler
AZ
STNL
$2,900,000
Christian Brothers Automotive
Apex
NC
STNL
$2,645,000
Christian Brothers Automotive
Wake Forest
NC
STNL
$2,740,000
Arlington
TX
STNL
$1,580,000
Dayton
TX
STNL
$545,000
Starbucks
Wichita Falls
TX
STNL
$1,640,000
Chick-Fil-A
Allen
TX
STNL
$2,685,000
Legacy ER
North Richland Hills
TX
STNL
$3,375,000
Christian Brothers Automotive
Bentonville
AR
STNL
$2,310,000
Christian Brothers Automotive
N Port
FL
STNL
$2,568,750
Christian Brothers Automotive
Plano
TX
STNL
$2,480,000
Walgreens Christian Brothers Automotive Texas Car & Title PetSense McDonald's Verizon AutoZone
Family Dollar Christian Brothers Automotive Christian Brothers Automotive
Old Chicago Pizza Wingstop
Dunkin' Donuts Family Dollar
Property
City
State
Type
Price
Wichita
KS
STNL
$2,420,000
White Hall
AR
STNL
$1,300,000
Service King
Plano
TX
STNL
$6,525,000
Christian Brothers Automotive
Tulsa
OK
STNL
$2,660,000
Caddo Mills
TX
STNL
$665,000
Hill Country Village
TX
STNL
$2,910,000
EZ Pawn
Eagle Pass
TX
STNL
$1,270,000
Wendy's
El Paso
TX
STNL
$2,540,000
Car Spa
Plano
TX
STNL
$6,750,000
Jacksonville
FL
STNL
$1,975,000
Parker
CO
STNL
$2,750,000
N Royalton
OH
STNL
$675,000
Hurst
TX
STNL
$3,475,000
San Antonio
TX
STNL
$7,743,560
Farmers Branch
TX
STNL
$4,000,000
Euless
TX
STNL
$400,000
Colorado Springs
CO
STNL
$2,825,000
Waco
TX
STNL
$2,600,000
Lakeway
TX
STNL
$4,093,000
Ennis
TX
STNL
$440,000
Fort Worth
TX
STNL
$1,300,000
Bone Daddy's
Austin
TX
STNL
$3,750,000
PLS
Dallas
TX
STNL
$1,575,000
Taco Cabana
Ennis
TX
STNL
$1,920,000
Houston
TX
STNL
$350,000
Bubba's 33
Waco
TX
STNL
$2,455,000
Quik Trip
Slake
TX
STNL
$6,250,000
W Katy
TX
STNL
$2,323,800
QuikTrip
McKinney
TX
STNL
$3,900,000
T-Mobile
Rio Grande City
TX
STNL
$1,050,000
Christian Brothers Automotive
Pflugerville
TX
STNL
$2,800,000
Christian Brothers Automotive
Houston
TX
STNL
$2,437,500
Fort Worth
TX
STNL
$2,865,000
Christian Brothers Automotive Fred's
Dollar General Christian Brothers Automotive
Tires Plus Total Car Care Christian Brothers Automotive Arby's Pet Supplies Plus First Choice ER Capital One Lone Star Title Loans Christian Brothers Automotive Chili's Little Sunshine Verizon Murphy Oil
Wendy's
Christian Brothers Automotive
Arby's
Property
City
State
Type
Price
Fort Worth
TX
STNL
$3,179,000
Denison
TX
STNL
$780,000
Dallas
TX
STNL
$1,285,000
Burleson
TX
STNL
$2,173,999
Scott Sabolich Prosthetics & Research
Dallas
TX
STNL
$2,600,000
Christian Brothers Automotive
Austin
TX
STNL
$2,625,000
The Empire Room
Dallas
TX
STNL
$1,750,000
Wichita Falls
TX
STNL
$875,000
Razzoo's Cajun Cafe
Arlington
TX
STNL
$3,575,000
Wingstop
Starkville
MS
STNL
$519,000
Slake
TX
STNL
$3,505,000
Westworth Village
TX
STNL
$1,450,000
Locke Supply Company
McPherson
KS
STNL
$803,000
Locke Supply Company
Tahlequah
OK
STNL
$1,341,000
Christian Brothers Automotive
Grapevine
TX
STNL
$2,535,000
Arlington
TX
STNL
$1,250,000
Highlands Ranch
CO
STNL
$3,100,000
Georgetown
TX
STNL
$5,425,000
CVS
College Station
TX
STNL
$6,310,000
Logan's Rdhouse
Corpus Christi
TX
STNL
$3,200,000
Pea Ridge
AR
STNL
$830,000
Odessa
TX
STNL
$1,400,000
McKinney
TX
STNL
$1,000,000
Cuney
TX
STNL
$1,235,000
Bank of America Ground Lease
North Richland Hills
TX
STNL
$2,200,000
Christian Brothers Automotive
Springfield
MO
STNL
$2,396,000
Quick Lube
Plano
TX
STNL
$540,000
Baker's Ribs
Grapevine
TX
STNL
$1,255,000
Aaron's Rent
Arlington
TX
STNL
$1,428,000
Advanced Auto Parts
Brownsville
TX
STNL
$1,840,000
Christian Brothers Automotive
Round Rock
TX
STNL
$2,750,000
Christian Brothers Automotive
Andover
MN
STNL
$2,320,000
Fort Worth
TX
STNL
$3,200,000
Capital One Golden Chick AutoZone Ground Lease Taco Cabana
Home Zone
Little Sunshine Sonic Ground Lease
Nebraska Bookstore Strip Christian Brothers Automotive Walgreens
Fred's Super Dollar KFC ABA North Texas Spec's
Pollo Tropical
Property
City
State
Type
Price
Christian Brothers Automotive
Meridian
ID
STNL
$2,355,000
Christian Brothers Automotive
Fort Mill
SC
STNL
$2,600,000
Christian Brothers Automotive
Concord
NC
STNL
$2,465,000
Hooters
W Monore
LA
STNL
$1,452,000
Christian Brothers Automotive
Mooresville
NC
STNL
$2,558,000
IHOP
Cedar Park
TX
STNL
$2,610,000
Texas Dow Employees Credit Union
Houston
TX
STNL
$5,220,475
Jack in the Box
Midland
TX
STNL
$2,100,000
Mat's Rancho Martinez
Roanoke
TX
STNL
$2,868,525
BlueWave Express Wash
Houston
TX
STNL
$3,316,688
BlueWave Express Wash
Houston
TX
STNL
$3,808,313
Jack in the Box
Odessa
TX
STNL
$2,211,000
Harps Food Store
Salina
OK
STNL
$485,000
Harps Food Store
Westville
OK
STNL
$525,000
Harps Food Store
Gore
OK
STNL
$897,000
McDonald's Ground Lease
Rowlett
TX
STNL
$1,708,000
Family Dollar
Killeen
TX
STNL
$1,692,000
Norman
OK
STNL
$2,467,000
Slake
TX
STNL
$3,150,000
Seguin
TX
STNL
$1,577,000
Carl's Jr.
Pasadena
TX
STNL
$1,920,000
Denny's
Round Rock
TX
STNL
$2,400,000
Pasadena
TX
STNL
$3,125,000
La Petite Academy
Tyrone
GA
STNL
$2,100,000
Bank of America Ground Lease
Coppell
TX
STNL
$3,785,000
Greenfield
IN
STNL
$1,421,000
Castle Rock
CO
STNL
$2,648,000
Richmond
IN
STNL
$360,000
Christian Brothers Automotive
Tulsa
OK
STNL
$2,150,000
Christian Brothers Automotive
Brandon
FL
STNL
$2,392,000
Christian Brothers Automotive
Houston
TX
STNL
$2,468,000
Walgreens
Lubbock
TX
STNL
$8,733,945
Carl's Jr.
Pasadena
TX
STNL
$1,940,000
Christian Brothers Automotive Kirby's Steakhouse Dollar General
IHOP
Hardee's Christian Brothers Automotive Domino's
Property
City
State
Type
Price
North Little Rock
AR
STNL
$907,000
Christian Brothers Automotive
Westfield
IN
STNL
$2,450,000
Christian Brothers Automotive
Sandy Springs
GA
STNL
$2,480,000
Christian Brothers Automotive
Omaha
NE
STNL
$2,400,000
Walgreens
Odessa
TX
STNL
$5,755,000
Acworth
GA
STNL
$2,352,000
Austin
TX
STNL
$5,650,000
Amarillo
TX
STNL
$540,000
Pauls Valley
OK
STNL
$1,900,000
Fort Smith
AR
STNL
$2,370,027
Cash America Pawn
Dallas
TX
STNL
$1,578,000
Soverign Bank Retail
Fort Worth
TX
STNL
$4,000,000
Carl's Jr.
Houston
TX
STNL
$1,920,000
Taco Cabana
Arlington
TX
STNL
$2,200,000
24 Hour Fitness
Bedford
TX
STNL
$2,450,000
O'Reilly Auto Parts
Pea Ridge
AR
STNL
$288,000
Beebe
AR
STNL
$330,000
Family Dollar
Texarkana
AR
STNL
$472,000
Family Dollar
Ferris
TX
STNL
$565,525
North Little Rock
AR
STNL
$576,000
Fred's Super Dollar
Cabot
AR
STNL
$606,000
Brookshire Brothers
Alto
TX
STNL
$710,000
Brookshire Brothers
Groveton
TX
STNL
$711,000
O'Reilly Auto Parts
Warren
AR
STNL
$915,800
Pocahontas
AR
STNL
$977,000
Brookshire Brothers
Buffalo
TX
STNL
$1,181,000
Harps Price Cutter
Conway
AR
STNL
$1,540,000
Harps Price Cutter
Rogers
AR
STNL
$1,684,000
Brookshire Brothers
McGregor
TX
STNL
$1,845,000
Brookshire Brothers
Lorena
TX
STNL
$1,845,000
Mountain Home
AR
STNL
$2,070,000
Corpus Christi
TX
STNL
$2,300,000
Hallettsville
TX
STNL
$2,608,000
Sheltie Medical Center
Christian Brothers Automotive CVS Pharmacy Family Dollar KFC/Taco Bell Harps Food Store
Pizza Hut
Napa Auto Parts
Orscheln Farm & Home
Orscheln Farm & Home Christian Brothers Automotive Brookshire Brothers
Jason Vitorino
Jason Vitorino, Managing Parter at STRIVE, focuses exclusively on retail investment sales, including both singletenant and multi-tenant properties throughout Texas and the Southwest. Jason has closed 715+ transactions valued nearly $3 Billion in sales, consistently ranking him among the top agents in Texas and throughout the country. Previously a Senior Vice President for a publicly traded firm, Jason consistently ranked in the top 1% company wide. During his tenure he earned 7 Chairman Club Awards, 12 National Achievement Awards and 13 consecutive Sales Recognition Awards. Jason grew up in Boston and graduated from the University of Maine with a Bachelor of Business Administration, with an emphasis in Finance. In 1999, he was the assistant captain of the NCAA Division 1 National Champion UMaine hockey team. Jason and his wife Alisa enjoy traveling, trying new restaurants, and dining with friends. They reside in Plano, TX and have three children; two young daughters and a son: Skylar Gisele, Taylor Isabela, and Hudson Cristiano.
Jennifer Pierson Jennifer Pierson, Managing Partner of STRIVE, began her career in Arizona while in school at Arizona State University obtaining her degree in Real Estate Finance. She then went on to spend 21 years as an investment sales professional at CBRE. Jennifer was named ‘Rookie of the Year’ her first year at CBRE and was a Top 20 Producer in Dallas/ Fort Worth virtually every year after that. She was also ranked as a Top 200 Producer nationally as well as a member of the Colbert Coldwell Circle, an honor reserved for the top 1% of sales professionals at CBRE. From 2010-2013, Jennifer was asked to lead the United States Private Capital Investment Group at CBRE with more than 300 brokers across the country reporting to her. She did this while maintaining her investment sales practice. During her tenure as Managing Director of the Private Capital Group, Ms. Pierson exceeded performance expectations in both recruiting and revenue growth, as well as continuing to be a top performer in her investment sales business. In 2015 Jennifer made the decision to fulfill a lifelong goal of owning and operating her own retail investment firm. Pierson Retail Advisors helped property owners and investors achieve maximum value in the disposition of their commercial real estate assets. She since has merged companies with another dominant company in the market, The Vitorino Group, led by Jason Vitorino. Together Jason, Jennifer and their teammates are a force to be reckoned with in the DFW market place and call themselves STRIVE. Jennifer loves to ski, paint, travel and spend time with her friends and family. Jennifer lives in Dallas with her husband and two children, Creighton and Lucy.
JAMES ANDERSON ASSOCIATE
KYLE ROZELL ASSOCIATE
WILL MERRITT ASSOCIATE
ADAM GOTTSCHALK VICE PRESIDENT
JENNIFER PIERSON MANAGING PARTNER
JASON VITORINO MANAGING PARTNER
RANDY COHEN
DIRECTOR OF REAL ESTATE
JAMES MANGUM SENIOR ASSOCIATE
CHADD BOSSOW ASSOCIATE
SAM HOUSE ASSOCIATE
MORE THAN NATIONWIDE
MORE THAN PROPRIETARY DATABASE
STRIVE TEAM MEMBER
60%
OUTSIDE BROKERAGE COMMUNITY
40%