looking forward, page-2

Yep valen1828, would be very good to see that one gone, then only 4 other properties with any major immediate vacancies.

For those with limited time I have done a bit of a "looking forward" summary for the shorter term tenants. Let me know if this stuff is useful gents. And please correct where I have stuffed up if you want.

As usual DYOR. Don't buy MIX just cause of what you read on HC!



18 of the properties 30 remaining look quite strongly tenanted with an averages about 4.0 - 11.7 years booked in. Will not bother with these strong ones at this time.


There are quite a few listed properties with leases getting on to the "1 year or so left mark".

However there are some very big/secure companies at these sites as follows. Interesting to sift through them and see which are likely to stay on.

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525 WEST MARQUETE AVE appears to be occupied by a large international company, Henkel Surface Technologies.
Henkel bought out "Thiem Automotive Division for adhesives and sealants for the automotive industry" in 1996 according to their site. MIXes building seems to be Henkels warehouse in Oak Hill, or the like. Seems a very secure tenant. No reference to the upcoming lease being available on any real estate sites that I can see.

Henkel history of Thiem acquisition in 1995 section as follows...

http://www.henkel.com/about-henkel/company-history-11789.htm

Some other details of the Thiem Takeover as follows...

http://www.thefreelibrary.com/HENKEL+AGREES+ON+PURCHASE+OF+AUTO+COATINGS+%26+SEALANTS+MANUFACTURER-a018476413

At very least Henkel seem to be still advertising for drivers in Oak Creek as follows...

https://board.recruitmilitary.com/jobs/1983087?utm_source=Indeed&utm_medium=organic&utm_campaign=Indeed

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1750 SOUTH LINCOLN DRIVE - as MIX summary says - "purpose built" for Newell Window Furnishing in 2001. Not sure on this one. Newell Rubbermaid own like just about every household name company in the USA it seems. With old Buffett pinning his hopes on the construction industry reviving, maybe these window guys will survive too?

Newell Rubbermaid as follows...

http://www.newellrubbermaid.com/public/Our-Brands/All-Brands.aspx

Bit scary here though as looks like at least one Newell window factory closed/shipped overseas it seems? Massive clearance auction of factory equipment. Is our tenant next to go the way of cheap imports, or are they consolidating their business in MIXes property? Sell the old and keep the new? Looks quite hopeful for new lease term.

Auction for gear from other site as follows...

http://www.cia-auction.com/recent_sales/images/links/Newell-Acco.pdf

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Airbourne Express is using the building at 5110 SOUTH 6TH STREET.

Seems to be a branch of DHL?

On one site they are called "The third largest and fastest growing international air express delivery carrier in America." That can't be all that bad can it?

Can't see the building up for lease elsewhere and not sure as to why they would bother leaving??? Pallet racking and the like takes a lot to set up, costs a fortune to buy new, install and maintain - and is worthless second hand - so why move, unless times are tough/down-sizing.

Think this one is pretty safe for leasing again?

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1020 FRONTENAC ROAD is occupied by a mailing sorting company called Pre-Sort. This is their only listed USA property address i can find. Their Website indicates the scale of the business

EQUIPMENT
"New Bowe Bell & Howell state-of-the-art equipment maintains consistent pricing and production for our customer base, adding new revenue opportunities in postage and processing.
All nine Bowe Bell & Howell sorting machines have 258 multi-level sorting bins to provide maximum efficiency and production capabilities. Nine machines can produce over 6,000,000 pieces per day.
State-of-the-art security measures are taken to ensure that your mail is safely handled and delivered."


Blurb on home page says "As we celebrated our five year anniversary in May 2007, we also celebrated with a move into our new facility located at 1020 Frontenac Road"

Not the sort of joint you would imagine would pack up and leave after a couple of years in a new site? Postal service recession/internet boom proof?

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1850 GREENLEAF AVE looks to be on the open market for lease.

Found references to both TNT and "Geodis Wilson Usa" having used it as some sort of warehouse in the past. As it is in Ohare, near airport, has probably churned through tenants relatively often???

If you would like to rent it, see the following link...

http://www.rofo.com/listings/IL/Elk-Grove-Village/1850-Greenleaf-Ave-190627.html

Alternatively, f you'd like to own it, just buy 4 million MIX shares tomorrow at $0.08. No tenant, and not paid off - but is "Prime O'Hare real estate"! Ha ha.

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The Popcorn Store is operating out of a non-MIX property on
13970 West Laurel Drive, Lake Forest, IL 60045.

MIX property at 28170 NORTH KEITH DRIVE is what appears to be The Popcorn Store's warehouse/distribution centre right next-door. Google Maps seems to show that the two buildings are linked by a above ground tunnel. Doesn't look like they are packing up in a hurry. Food seems a fairly recession proof industry I guess? Keep eating, you big bunch of pop-corn eaters. Save MIX.

Link below...

http://www.thepopcornfactory.com/webapp/wcs/stores/servlet/ContentDisplay?c=The%20Popcorn%20Factory%20Store%20is%20Back&t=A&storeId=10201&catalogId=10101

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EC VI4531 COLUMBIA AVE, HAMMOND is the grand daddy of all the MIX portfolio, apparently built in 1930's. Genuine old-school industrial buildings - looks to be massive old sheds with rail access right into them. Almost like the Bethlehem Steel days - true Yankee industrial heartland stuff.

Next door (4507 Columbia), seems to now be occupied in part at least by "H-A Industries" of Hammond, which is in turn part of the CASTLE group. H-A seem to be a metals treatment company that do cutting, annealing etc. Guess its them who also need part of this second warehouse to store bulky projects (tanks, truck trailer, rail cars, who knows what they do???) Maybe this company which has been there since 1993 its seems, will just stay put.

http://www.amcastle.com/plate/services.aspx#thermal

From old records, it seems that our CJF3 "4507" Columbia Ave - should actually read "4527" Columbia Ave! Just being picky - might be helpful when searching for info? Someone check me on this please.

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3841-3865 SWANSON COURT is being partly used, at very least by a company called KJK Sales & Marketing. 3841 Swanson Court, Gurnee, IL 60031-1225, United States +1 847-662-1386 ‎

Apparently a marketing consulting firm.

In any case Gurnee seems a quiet little town of about 30,000 people. Maybe cheap rent will keep/attract tenants.

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Mypravda - your link to go and buy or lease 3145 Central Ave is below mate!

http://www.loopnet.com/xnet/mainsite/listing/Profile/Profile.aspx?LID=16457995&PreviousLinkCode=10850&PreviousSourceCode=1lww2t006a00001&&LinkCode=10850&SourceCode=1lww2t006a00001

loopnet listing cedar point as owner.


AS FOR TRADING...


Trading/buying still looking strong.

Highs, Lows, VWAP's and Closes have been all higher from the previous day, for every day since the 23rd included, with a few more traded today at a new 12 month high.

All volumes very near to, or over 2 Million per day except quiet Friday with nearly 1 million. 16 million units changing hands since the 23rd.

Some decent bids appearing Monday, 10:52 with one for 400,000 at 0.075.

Another at 11:22 for 815,000 at 0.078

Some decent buys on Tuesday.
12:02 382,569 in 1 go for $29,000 sale
3:46pm 321,500 bought off the sell side for $25,000 sale

Gap appeared in middle of day with selling down to 0.074. Buy stack quickly re-appeared with some decent orders

Closed strong once again.

Very quiet here on the thread! Some smarter punters busy choosing new boat for summer, perhaps?!

All the best - hoping this is a real run.



Market cap $30 million. Properties valued at $217 million.

Still looking more than a little fair.