The URL can be used to link to this page

Home My WebLink About10.F.2. Selection of Listing Agent for Former Fire Station 1D.F CITY OF SHAKOPEE Memorandum TO: Mayor and City Council Mark McNeill, City Administrator FROM: Kris Wilson, Assistant City Administrato' SUBJECT: Selection of Listing Agent for Former Fire Station DATE: November 15, 2012 Action Sought The City Council is asked select a listing agent for the former fire station at 2nd and Scott Street and to authorize the appropriate officials to enter into a listing contract with the selected agent. Background At its September 18 meeting, the City Council directed staff to begin the process of selling the former fire station using a commercial real estate agent. A simple Request for Proposals (RFP) was issued and posted on the City's website. The RFP was also mailed directly to a list of commercial real estate agents with current listings in commercial areas of the city. Two responses were received by the deadline: Randy Kubes, Kubes Realty Mr. Kubes has been a real estate broker and Shakopee resident since 1986. He has proposed a 6 -month listing (Dec 1, 2012 — May 31, 2013) and 5% commission. Bill Wolfson, Coldwell Banker Burnet Mr. Wolfson is based out of Wayzata and has 18 years of commercial real estate experience. He seeks a one -year contract and 6% commission. Additional information regarding each responding agent is attached for the Council's information. Both have current commercial listing within the city and both would utilize the Multiple Listing Service (MLS) for the former fire station site. Relationship to Vision This is a housekeeping item. (F) Requested Action The Council is asked to direct the appropriate City officials to enter into a listing contract with the desired agent in order to list for sale the City -owned property located at 334 Second Ave. West. hk rviLv\ i _4 K• U•B•E•S REALTY "Full Service Realtor" Ms. Kris Wilson October 29, 2012 Assistant City Administrator City of Shakopee 129 Holmes St. S. Shakopee, MN 55379 Dear Kris, Thanks for the opportunity to be considered as a Listing Company for the former Fire Station, located at 334 2nd Avenue W., Shakopee. I've been a real estate broker and resident of Shakopee since 1986 and in that fact I am very familiar with the area. I currently have 2 listings that are within blocks of the Fire Station. One is the former Laurent Building, at 100 Fuller St. which is currently actively for sale. The other property is 4.5 acres at 529 1 Ave. W., which this last week we have got under contract and is now marked pending and is scheduled to close in December of this year. Because of those listings I do have other buyers looking in the area. We also have several rental buildings in Shakopee that generate leads for purchases, etc. I would be very interested in listing the Fire Station. I do believe I would have buyers that I would be immediately showing it to. The commission rate we charge is 5% and I would be looking at a listing to go through next year's spring market and that is why I had put May 31, 2013 as an expiration date on the listing. Thanks again for the opportunity and I look forward to working hard on this listing. Sincerely, • R . `Kubes eal Estate Broker 1221 4th Avenue East, Suite #100 • Shakopee, MN 55379 115 1st Avenue SE, Suite #100 • New Prague, MN 56071 (952) 445 -9110 Fax: (952) 445 -9118 Toll Free: (800) 383-7444 (952) 758 -9110 Fax: (952)758 - 9118 1 = 1 �.,•. I MLS E -Mail: KubesRealty @KubesRealty.com Website: www.KubesRealty.com Aztjuim.k.f Wayzata Office coLDweu 201 East Lake Street BANKCR 0 Wayzata, MN 55391 -1695 952 -473 -3000 BURNE w Fax 952-47t Iv ww cbburnet.com .com Ms. Kris Wilson Assistant City Administrator City of Shakopee 129 Holmes St. S. Shakopee, MN 5579 10/26/12 Dear Kris, Thank you for the opportunity to introduce Bill Wolfson Commercial and discuss the project at 334 2nd Avenue West in Shakopee. Please review the enclosed materials about Bill Wolfson Commercial, including our background, and experience. Our proprietary listing system, which maximizes the exposure of our listings is also included with a summary of our current listing inventory, which includes a property in downtown Shakopee that we have under contract for a new development. A few of our recent sales include: 1038 1st Ave, Shakopee (adjacent lot is under contract, and the store is currently listed For Sale) • 511 N Walnut, Chaska (former REX theater) 216 Water Street, Excelsior (downtown retail store) 734 Galpin Lake Blvd (at Hwy 7) development site for MN INBOARD 17601 Hwy 7, Minnetonka (under contract) Office building at Cty Rd 101 & Hwy 7 6330 Hazeltine Blvd, Chanhassen (corner of Hwy 7 & Hazeltine; site for future Sr. Living facility) I also want to take this time to respond to your questions on commission percentage and listing agreement term. The term for my listing contracts is 1 year with 6% commission payable upon closing. Please feel free to contact me to discuss this in greater detail and I would also be happy to answer any questions that you may have. Sincerely, BILL WOLFSON COMMERCIAL REAL ESTATE COLDWELL BANKER BURNET WOLFSON@RMLNET 952 - 334 -4554 WWW.BILLWOLFSONCOMMERCIAL.COM Operated by Burnet Realty LLC. Q [BILL WOLFSON' COMMERCIAL REAL ESTATE SERVICES PROVIDED Commercial Real Estate Sales and Acquisition is a dynamic, diverse and demanding part of this business. Whether we are working on an investment grade asset, bank owned inventory or an owner user solution our approach has proven to be highly effective for our clients. We achieve this through strong market knowledge, deal experience, effective marketing and our large network of clients, agents and brokers. "Commercial Real Estate Sales is about trust. Trust in the asset and trust in the parties involved. My goal is to create, measure and manage this trust to ensure the highest probability of success for all parties involved." BW Tenant Representation Services Our approach to "tenant rep" work is simple. We quickly and efficiently help our clients identify their goals related to their commercial real estate needs. Whether we are leasing on office, industrial or retail projects our goal is the same, Identify a successful location related to sales, operations, business development, budget and employee and customer retention. Execute on this through effective negotiation of the deal, the lease and the construction process. "The value of a commercial broker should go far beyond the site selection, the value is in the strength and flexibility of the lease, the execution of the final product and the relationships created herein" BW Landlord Representation services begin with market knowledge and providing that knowledge and information to the client. This information allows the client to become part of the process and it allows us to make recommendations on rates, strategies and long and short term goals for the client and the related asset. We then constantly monitor the market related to rates and potential opportunities. "Client communication is critical, especially in the fast moving market if leasing. When we identify a potential tenant we must quickly and decisively engage to ensure that all opportunities are maximized" BW Development Services are available for investors looking to create value and business owners looking to control and maximize their potential. The development process is a dynamic process that includes site identification, site acquisition, municipal approval /entitlement process, financing, contractor selection and construction. The value of a knowledgeable, creative and intelligent team, led by Bill Wolfson provides for a high probability of success and the end result is very rewarding. " Development starts with significant due diligence, then it becomes about creating a team, this team must include the municipality." BW nuu • t WOLFSON@RMI.NET • (95 • BILLWOLFSONCOMMERCIAL.COM ca 201 EAST LAKE STREET — WAYZATA, MN SS391 BURNET (BILL WOLFSON] COMMERCIAL REAL ESTATE About BILL WOLFSON COMMERCIAL REAL ESTATE: Bill Wolfson is a third generation commercial real estate professional with over 18 years of sales experience and a lifetime of exposure to commercial real estate; ownership, management, development and leasing. Bill is an expert in Sales & Leasing of Office, Industrial, Retail, Land, Investment property and 1031 Exchange. Bill has successes ranging from large corporate lease negotiation, site selection, investment property acquisition, development and sales, to friends, families and estates with property and leasing needs. Bill excels at and enjoys all facets of the real estate business and it shows. In addition, Bill offers consulting services, related to business planning, estate planning, site selection, lease negotiation and financial planning. We highly recommend a consultation, as you are guaranteed to gain vital & valuable information. Whether you are comfortable navigating the market on your own, have an agent or have your own internal real estate department, we guaranty that our consulting services will add value to your process. Our Marketing and Technology: In this fast paced digital world, current information and Internet marketing is extremely important in our local and national marketplace. Bill Wolfson Commercial is on the front end of this aspect and he offers a proprietary combination of local and national web media, networking and marketing that assures access to state of the art information and maximum exposure. Please CaII Bill: Bill really enjoys talking about real estate. If you are seeking a compelling combination of experience and integrity; Bill's personal values & hard work along with his history in ownership, management, sales & leasing would be a perfect fit for you. It is clear to see why your next call or email should be to Bill Wolfson. yn q • l ••�n • WOLFSON @RMLNET • (95 334 -4554 • BILLWOLFSONCOMMERCIAL.COM B lume . 20I EAST LAKE STREET - WAYZATA, MN 55391 I3URNET [BILL WOLFSON] COMMERCIAL REAL ESTATE TESTIMONIALS • The Coldwell Banker Bill Wolfson team exceeds my expectations. Their timely feedback and recommendations sets this team above other realtors in the multi- county Minneapolis St. Paul area. Service excellence is consistently delivered. I know who'll get it sold do you? I found a great team. They make it easy to get it done. William Schapiro, Wells Fargo Bank NA • I would highly recommend the commercial Real Estate services of Bill Wolfson at Coldwell Banker Burnet. You will benefit from his expertise, knowledge of the market place and his overall great service. George Stickney, Coldwell Banker Burnet • "I have referred several of my own clients to Bill, who he has successfully helped with their commercial real estate needs. He's very knowledgeable on the market. And most importantly, he's attentive and highly focused on customer service." Meredith Howell, Coldwell Banker Burnet • "Bill has helped me with my commercial real estate needs over the last 10 years. He will work hard to put you in the right situation. He listens to your needs and his honesty and ethics is a real change of pace from so many other agents. If you're not using Bill, your using a second rate real estate agent." Alan Weiner, Owner KTI -'71111;*-, „_ L Wad WOLFSON @RMI.NET • (95 334'4554 • BILLWOLESONCOMMERCIAL.COM coupweu. ° 201 EAST LAKE STREET — WAYZATA, MN 55391 BURNED !BILL WOLFSON] COMMERCIAL REAL ESTATE PROVIDING THE MOST COMPLETE LISTING SYSTEM IN OUR MARKET Our Proprietary Listing System includes the following: II MNCAR LoopNet NorthstarMLS -±' Regional MIS of Minnesota, Inc. CO�ell- BANK BURNET AOL • y real estate REAL ESTATE msny4 REALTOR.com G OSTAR Real Estate GROUP REALTOR trulia zillow.com . real estate search Your Edge in Real Estate