Net Lease Chase Bank | KW Net Lease Advisors

Average Sale and Lease Details

www.chase.com

Price Range 12mo avg:	$3.2M – $7.7M
$/sf 12mo avg:	$916
CAP Rate 12mo avg:	4.52%
NOI average:	$185000
Lease Terms:	20yrs
Typical Lease Type:	NNN
Building Size avg:	33005000 SF
Lot Size avg:	1.2+/- acres

About Chase Bank

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

JPMorgan Chase (NYSE: JPM) is one of the oldest financial institutions in the United States. With a history dating back over 200 years, here’s where we stand today:

We are a leading global financial services firm with assets of $2.6 trillion.
We operate in more than 60 countries.
We have over 240,000 employees.
We serve millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients.
We are a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.
Our stock is a component of the Dow Jones Industrial Average.

NYSE: JPM

Annual Reports

Chase Bank Financial Highlights

S&P Credit Rating:	A+
Moody’s Credit Rating:	A3
Annual Revenue 2016:	$95.67B
Annual Revenue 2015:	$93.5B

Revenue Growth:	↑ 2.25 2015
Net Income	$24.73B
Units (Dec. 2016)	5500
Average Units Volume:	$17.40M

^{Number of Units only accounts for Bank Branches. Average Units Volume includes Branches, ATM and mortgage offices.}

Yahoo! Finance: JPM News Latest Financial News for JPM

Boeing’s Max Ruined Christmas. Next Up, Summer.

on January 21, 2020 at 9:38 pm

(Bloomberg Opinion) -- The worst-case scenarios for Boeing Co.’s 737 Max crisis no longer look far-fetched.The airplane maker said Tuesday that its “best estimate” for when regulators will lift a flying ban on its Max jet is now mid-2020. The once top-selling plane has been grounded since March following two fatal crashes. The updated timeline reportedly reflects a new, recently discovered software flaw connected to how the Max’s flight computers power up and verify they’re receiving valid data, as well as the need to correct vulnerabilities in certain wiring bundles. Boeing said it’s also accounting for “further developments that may arise in connection with the certification process.”Perhaps the company is finally taking a more conservative attitude toward the Max crisis after a series of overly optimistic promises left its reputation in tatters and CEO Dennis Muilenburg without a job. The Federal Aviation Administration, for its part, reiterated that there’s no time frame for the Max’s return and that safety is its first priority. Airlines and suppliers now have to recalibrate accordingly, and this latest delay will be by far the most painful for them.With its stockpile of undeliverable jets growing and its cash burn deepening, Boeing had already made the call to halt production of the Max once it became clear it wouldn’t meet its previous deadline for a return to service by the end of 2019. The shutdown, which began in January, has already forced suppliers to idle their factories as well and, in some cases, to lay off employees. In one of the more extreme examples, Spirit AeroSystems Holdings Inc., which gets more than half its revenue from the Max, saw the rating on its debt cut to junk by Moody’s Investors Service earlier this month and is cutting about 2,800 workers. In total, economists from Barclays and JPMorgan Chase & Co. estimated the Max production shutdown could subtract half a percentage point from U.S. gross domestic product in the first quarter. Investors were expecting total compensation to affected airlines to amount to about $10 billion, according to a survey conducted by Bernstein analyst Douglas Harned. If that sounds bad, consider that the baseline case among investors and analysts before Tuesday’s update was that Max deliveries would resume by March or April.The major U.S. airlines have all pulled the Max from their schedules through June in what they thought would be a conservative call. The logistical challenges of bringing jets out of storage and putting pilots through the simulator training that Boeing has now decided to recommend means that the airlines will likely have to go without their Max fleets for yet another peak travel season. That is likely to drive even more market share toward Delta Air Lines Inc., which doesn’t fly the Max and has been benefiting from that fact. The longer the grounding lasts, the more permanent those share gains may be. Either way, expect airlines to significantly increase their demands for compensation.The biggest pain will be felt by Boeing’s suppliers. A three-month production shutdown is one thing; a six-month halt is something else, entirely. Getting supplier factories humming to the point where they could meet Boeing’s Max production pace required a logistical miracle and some parts-makers actually used the first few months of the grounding to play catch-up. At a minimum, suppliers run the risk of workers leaving for more secure jobs amid a buoyant labor market. Taco Bell is offering a $100,000 salary for a restaurant manager position, for heaven’s sake. For others, the damage may be more lasting. Boeing enjoys an effective duopoly with Airbus SE that has helped buoy profits over the years and arguably protected it from greater financial pain in the form of canceled Max orders. The flip side of that is that some suppliers depend heavily on Boeing for their business. The biggest producers such as General Electric Co., Honeywell International Inc. and United Technologies Corp. will be able to weather the hit from a prolonged production halt; smaller suppliers risk going bankrupt.This will all come back to haunt Boeing once it’s finally ready to restart production. With a legitimate debate about the sustainability of air traffic growth at the levels needed to maintain demand, it’s not out of the question that the company might not ever reach its target of producing 57 Max jets per month. Air Lease Corp. Chairman Steven Udvar-Hazy said Monday that his company had urged Boeing to drop the Max name to make the plane more palatable for fliers. But the longer the grounding drags on, the likelihood increases that Boeing will need to make more than just a name change for the latest iteration of its 737 model and instead plow billions into a true successor. To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Skyland Town Center is getting D.C.'s first drive-thru Starbucks

on January 21, 2020 at 4:52 pm

Skyland Town Center in Ward 7 will be home to the first drive-thru Starbucks in the District, as well as the second Chase Bank east of the Anacostia River, after the tenants recently signed leases with the project's developers. The new tenants, which signed just a few months after developer Rappaport landed Lidl as the project's grocery anchor, will join a CVS Pharmacy in the Ward 7 development. Skyland will eventually bring up to 500 apartments, 135,000 square feet of retail and 131,300 square feet of medical office space to the intersection of Naylor Road and Good Hope Road in Southeast D.C. Starbucks (NASDAQ: SBUX) and Chase (NYSE: JPM) are the first stores to sign onto the project since Lidl struck a deal with Skyland’s developers in May, providing a long sought-after replacement for Walmart after the chain spurned the project back in 2016.
Cordiant Capital aims to raise $350 million for telecoms fund, expands team

on January 21, 2020 at 2:11 pm

Asset manager Cordiant Capital is looking to raise around $350 million for a telecoms infrastructure equity fund and has hired two veteran dealmakers as it looks to benefit from strong growth in mobile data usage. Canadian-based Cordiant is speaking to potential anchor investors for the fund, Cordiant IX, co-Chief Executive Benn Mikula told Reuters.
The Zacks Analyst Blog Highlights: Alphabet, JPMorgan Chase, Comcast, IBM and QUALCOMM

on January 21, 2020 at 2:00 pm

The Zacks Analyst Blog Highlights: Alphabet, JPMorgan Chase, Comcast, IBM and QUALCOMM
Comerica (CMA) Q4 Earnings Beat Estimates, Revenues Down Y/Y

on January 21, 2020 at 1:57 pm

Comerica's (CMA) Q4 results reflect higher fee income and lower provisions, partly offset by elevated expenses and lower net interest income.

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Chase Bank

Average Sale and Lease Details

About Chase Bank

NYSE: JPM

Annual Reports

Chase Bank Financial Highlights

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Texas Real Estate Commission Information About Brokerage Services Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice