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Industrial
by Trey Hollingsworth
Social media
by Stephanie Bell
Financial analysis
by James Kirkpatrick, CCIM, MAI
Market analysis
by Jennifer Norbut, Daniel E. Herrold, Scott K. Lunine, and John Z. Barr, CCIM
Partnerships
by Christopher J. Truitt, CPA

Deal Makers

The value of the CCIM designation has no termination date. Such is the case for Wayne D’Amico, CCIM, of Property Politics/Wayne D’Amico & Co. in Essex, Conn., who was contacted by family of the late Robert H. Anderson, CCIM, designee #507, of East Hartford, Conn.  The Anderson family was looking for “suitable replacement exchange properties for a long-held apartment building that Bob owned in East Hartford,” D’Amico says. “When they saw that I was a CCIM, it was a lock.” D’Amico represented the Anderson Family I Trust in the more than $3.2 million purchase of the 20,000-sf Killingworth Village shopping center in Killingworth, Conn., from Southport Holdings I LLC as well as the more than $1.2 million purchase of 7,000 sf of single tenant net-leased office space in Essex from 64 South Main St. LLC. Both deals closed in one week. “This deal incubated from a CCIM referral where the designation meant a lot to the buyer. Even the seller remarked that I was atypically qualified, articulating a solution that was ‘perfect’ for this deal,” says D’Amico.

Columns

President's Desk
Financing Focus
by Lisa Connolly, Amy H. Lehman, and Stephen R. Lieske
Investment Analysis
by Donald J. Valachi, CCIM
Legal Briefs
by Tom Mounteer
Technology Solutions
by Peter Boritz

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