1Q 2010 Featured Agent: Don Zebe

Don Zebe
(208) 525-8088
don@nai-idaho.com

Scope of Service Experience
Donald Zebe joined NAI Commerce One's team of dedicated real estate professionals in 2010. Zebe, formerly with Premier Properties, in Pocatello, Idaho, brings a wealth of experience in retail leasing, land acquisition, development, entitlements and site selection services to the team. Donald's career began in 2004 with the acquisition and development of Pocatello Square as principle owner and developer.

Background & Experience
Donaldhas provided site selection and disposition services to many retail and restaurant clients - including Pita Pit, HFC, Hollywood Video, Jack in the Box, Batteries Plus, AT&T/Edge Wireless, Ruby Tuesday, Del Taco, Craigos Pizza, Walgreen's, and DL Evans Bank.

Donald's landlord representation clients have included Trevision Development LLC.

Educational Background
Zebe earned a BBA in Business Management from Idaho State University, Pocatello, Idaho. He hold a Black Belt in Six Sigma from GE. While at GE Zebe led a national and international sales organization as a senior executive at GE.

Professional Affiliations & Designations
Donald is a member of the International Council of Shopping Centers (ICSC).

Significant Transactions
Buyer Representation - 20-acre regional shopping center site - $3.0 million
Owner Developer. 67 acre Regional Power Center
Landlord Representation - regional power center
Landlord Representation - New regional lifestyle center
Tenant/Buyer Representation - Del-Taco multi-market site selection/acquisition
Tenant Representation - AT&T Wireless

1200 SF Professional Office Space For Lease in Ammon

1552 S. Midway Ave | NAI Commerce One | 208.525.8088 1552 Midway Ave, Idaho Falls, ID Professional Office Space For Lease for $10.80/SF/YR NNN Office Year Built 2008 Sq Footage 1,200 Floors 1 Parking Unspecified Lot Size Unspecified Maint $0 per month DESCRIPTION Well located professional office space just off 17th Street and Midway, with 5 hardwalled offices, a private restroom, and a front reception area. There is a crawl space for convenient wiring. Rental rate is $10.80/SF/YR NNN. see additional photos below ADDITIONAL PHOTOS Photo 1 Location Contact info: 1552 S. Midway Ave NAI Commerce One 208.525.8088 For sale by agent/broker Equal Opportunity Housing Posted: Mar 23, 2010, 12:12pm PDT

Flyer: http://www.tinyurl.com/1552midway
Contact Brent Butikofer or Steven Frei at 208.525.8088 for more information or to schedule a tour.

Thoughts on Property Taxes from the President of the Eastern Idaho Apartment Association

At the EIAA meeting last week we learned two important things. First, we learned the process on how to challenge a property’s valuation. Second, we learned the key to reducing overall property taxes. I want to focus on the later.

I was totally surprised to find out how our property taxes are calculated. It is totally backwards from how individuals or companies manage their money.

1) The government body (city, county, etc…) creates a budget.
2) The Assessor calculates the total value of the real estate in the geographical area covered by the government body.
3) The budget is divided by the total value. This created the Levy amount.

If the overall value of housing goes down in the area, the levy amount actually goes up! So, it doesn’t matter if housing values go down significantly, your taxes will remain the same or even go up!!!

The key to getting the overall tax rate to go down is to lower the government body’s budget. In the past Blake Mueller said that hardly anyone shows up to challenge the budgets. We need to go to these meetings to make our voices heard. I have info on a few of the upcoming meetings:

City of Idaho Falls
July 21st, 28th and Aug 4th. All are at 8:30 AM, upstairs in the Municipal services building of City Hall.

Bonneville County
September 8th upstairs in the Centennial Court room at the old County Court house.

If you have information on when and where other meetings are going to be held, please contact me so I can send it out to the EIAA members.  As citizens and property owners, we need to go to these meeting and make our voices heard.

Bart Weaver, President
Eastern Idaho Apartment Association (EIAA)
http://www.eiaa.info/
(208) 535-8888

The next meeting of the EIAA will be held on April 14th and the guest speaker with be Idaho Falls Mayor Jared Fuhriman.  Location TBA.   For questions about the EIAA, contact Bart Weaver.

NAI Global Named Global Broker of the Year by PERE Magazine

NAI Global Named Global Broker of the Year By Private Equity Real Estate Magazine   The readers of Private Equity Real Estate (PERE) magazine named NAI Global the Global Broker of the Year in the PERE Awards 2009.   “Each year, the readers of PERE magazine and PERENews.com nominate and choose the firms, individuals and deals they believe stood out from the crowd the previous year,” said Zoe Hughes, Senior Editor, Real Estate. “2009 was a year in which the private real estate investing world experienced a tremendous amount of turmoil, so to be selected in this year’s awards is a tremendous accolade from our readers and a vote of confidence in what lies ahead for NAI Global.”   “This award is a testament to the quality and commitment of NAI Global and its professionals around the world in serving the private equity and financial sectors,” said Jeffrey M. Finn, NAI Global President & CEO. “Looking ahead, we will continue to innovate and add value with focused service offerings like our Special Asset Solutions group or the Commercial Property PowerSale™ program, to deliver exceptional results for clients around the globe.”   NAI Global offers a wide range of services for the commercial real estate investment sector, including asset management, acquisition/disposition, property management, leasing/agency services, valuation and advisory, market analytics, auction and portfolio optimization. The Global Broker of the Year award from PERE serves as recognition that NAI Global is the best at identifying and anticipating a client’s investment and brokerage needs.