The Biggest Deal
Sam Foster, CCIM, of Jones Lang LaSalle in Los Angeles and three partners negotiated
the $45 million sale of a 192,053-sf office building in El Segundo, Calif., from Kilroy
Realty Corp. to AG Net Lease Fund II.
Jay Taylor, CCIM, of Tar Heel Cos. in Raleigh, N.C., had just finished teaching a
North Carolina CCIM Chapter-sponsored financial calculator course in Raleigh when he
was approached by student Frank Bridger, CCIM. Bridger was looking for multifamily
properties, and Taylor told him about the 177-unit Autumn View Apartments in
Fayetteville, N.C., which his client hadn't put on the market yet.
"There's a high level of trust between CCIMs," Taylor says. "We
knew Frank had done the due diligence and the buyer was legitimate." The CCIM
connection helped to expedite the more than $11.8 million sale to an undisclosed
J. Tyson Glasser, CCIM, of RealtyLink LLC in Greenville, S.C.,
represented an undisclosed seller in the $25.6 million sale of the 167,341-sf Midtowne
Park retail center in Anderson, S.C., to a national REIT. Glasser also represented an
undisclosed seller in the more than $2.5 million sale of the 7,575-sf Firestone
Complete Auto Care in Burlington, N.C., to an undisclosed buyer.
Elizabeth Clare, CCIM, of Cushman & Wakefield Commerce Real
Estate Solutions in Las Vegas and a partner represented Bank of America in the more
than $17 million sale of the 240,000-sf Village Square in Las Vegas to Westport
David J. Stevens, CCIM, of Investment Properties Corp. in
Naples, Fla., negotiated the more than $6.1 million sale of a 48,615-sf shopping
center in Naples from Tanglewood Marketplace of Naples LLC to Naples Tanglewood
Marlene A. Spritzer, CCIM, of Spritzer Commercial Properties LLC
in Durham, N.C., represented Goldsboro Five Points Plaza LLC and The Third Millennium
Group LLC in the more than $5.7 million sale of the 57,485-sf Five Points Plaza in
Goldsboro, N.C., to Southeast Associates of Asheville LLC.
Ryan Garrick Imbrie, CCIM, of Sperry Van Ness in Portland, Ore.,
represented Sunset Oaks LLC in the $5.6 million sale of a 30,380-sf retail property
in Hillsboro, Ore., to an undisclosed buyer.
Keith A. Sturm, CCIM, of Upland Real Estate Group in Minneapolis
represented an undisclosed seller in the more than $2.9 million sale of an 18,000-sf
Office Max in Blaine, Minn., to an undisclosed buyer.
Gary P. Hill Jr., CCIM, of Thomas Linderman Graham/Grubb &
Ellis in Chapel Hill, N.C., represented Tarheel Bookstore in the more than $1.9
million sale of an 8,400-sf retail space in Chapel Hill to BS Franklin
Lee W. Schaefer, CCIM, of Maverick Properties in
Nashville, Tenn., represented Bristol Development Group in the $6.7 million purchase of
7 acres of land in Brentwood, Tenn., from an undisclosed seller.
Nathan L. Cox, CCIM, of Bellator Real Estate & Development
in Spanish Fort, Ala., represented Loxley Triangle LLC in the $4.2 million purchase
of 1,361 acres of land in Spanish Fort and Loxley, Ala., from an undisclosed
William H. Rollins, CCIM, of Land Solutions in Fort Myers, Fla.,
and a partner represented Weakley Family Properties LLC in the $3.8 million sale of
2.3 acres of land in Naples, Fla., to LSII Properties.
Debbie W. Heslop, CCIM, of Volk Company in Tucson, Ariz.,
represented Central One in the more than $2.9 million sale of 3.7 acres of land in
Tucson to Wal-Mart Stores.
Andrew Sumlin, CCIM, of Cushman & Wakefield in Atlanta represented RB
Terraces LLC in the 10-year, $16.3 million lease of 55,000 sf of office space in
Atlanta to Ventyx.
Hans Kaunath, CCIM, of Ciminelli Real Estate Services in Tampa,
Fla., and a partner represented CW Capital Asset Management in the 11-year, $13.6
million lease of 70,706 sf of office space in Clearwater, Fla., to an undisclosed
Sandy Shindleman, CCIM, of Shindico Realty in Winnipeg,
Manitoba, negotiated the 25-year, $12.3 million lease of 30,000 sf of office space in
Winnipeg from Shindico Realty to Winnipeg Regional Health Authority. Shindleman also
negotiated the $6.9 million sale of 35,000 sf of office space in Winnipeg from an
undisclosed seller to a pension fund.
R.C. Myles, CCIM, of Cassidy Turley Fuller Real Estate in Denver
and three partners represented F&C Holdings LLC in the $9.5 million sale of two
office buildings totaling 93,039 sf in Littleton, Colo., to IBC Holdings LLC.
Mark E. Douglas, CCIM, of Thalhimer/Cushman & Wakefield in
Richmond, Va., and two partners represented Metropolitan Life Insurance Co. in the
more than $6.2 million sale of a 285,846-sf office property in Henrico County, Va.,
to the County of Henrico.
Chad Boddez, CCIM, of Colliers International in Edmonton,
Alberta, represented PTI Group in the 10-year, $5.3 million lease of 28,253 sf of
office space in Edmonton from Supreme Capital.
Howard Friedman, CCIM, of Compass Commercial Real Estate
Services in Bend, Ore., represented Deschutes Ridge Business Park LLC in the more
than $5.1 million purchase of a 60,000-sf office complex in Bend from WBCMT 2007-C33
Disk Drive LLC.
Ted Barr, CCIM, of Woodside Health in Cleveland represented
Woodside Health in the more than $4.7 million purchase of two medical office
buildings totaling 29,162 sf in Kingwood, Texas.
Jarrad Katz, CCIM, of NAI Global Las Vegas LLC in Las Vegas
represented NLV-ZIM LLC in the 15-year, more than $3.1 million lease of 9,900 sf of
medical office space in North Las Vegas, Nev., to Greater Las Vegas Dialysis
Drew R. Bobincheck, CCIM, of Landmark Commercial Realty in Lemoyne,
Pa., and a partner represented The Yoder Group in the more than $5.4 million sale of a
multifamily portfolio totaling 75 units in Muncy, Bloomsburg, and Mifflinburg, Pa., to
an undisclosed buyer.
David E. Blois, CCIM, of Stonehaven Realty Management in
Burlington, Ontario, represented a private German investment group in the $17.9 million
purchase of a 185,700-sf industrial property in Oakville, Ontario.
- Joshua Levin, CCIM, of Levin Commercial Real Estate LLC in Atlantic City, N.J.,
and a partner represented SunOpta in the 15-year, more than $7.5 million lease of a
101,250-sf industrial property in Allentown, Pa., from an undisclosed lessor.
- Timothy M. Kerrigan, CCIM, R.J. Neary, CCIM, and Ryan M. Zabrowski, CCIM, of
Investors Realty in Omaha, Neb., negotiated the more than $4.6 million sale of a
131,110-sf industrial property in Omaha from Professional Veterinary Products to
Sergeant's Pet Care Products.
- Keith Armstrong, CCIM, of Target Realty Corp. in Stavely, Alberta, and a partner
negotiated the $2.7 million purchase of an 18,168-sf industrial property in Calgary,
Alberta, from an undisclosed seller to Silkstone & Granite Ltd.
- Daniel A. Berger, CCIM, of NAI Commercial Partners in Lancaster, Pa., negotiated
the $2.5 million sale of 136,196 sf of industrial space in Ephrata Borough, Pa., from
Homette Corp. to LNR Property LP.
Russ W. Martin Jr., CCIM, of First Security Bank in Little Rock,
Ark., arranged the more than $9.8 million refinancing of a 248-unit multifamily
property in Shreveport, La., for an undisclosed borrower.
Katherine C. Campbell, CCIM, of Thalhimer/Cushman
& Wakefield in Virginia Beach, Va., negotiated the $5.4 million sale of two
mixed-use buildings totaling 64,186 sf in Virginia Beach from an affiliate of Rosemont
Realty to Continental Parkway LLC.
Submit transactions to Deal Makers, CIRE, 430 N. Michigan Ave., Chicago, IL 60611;
e-mail to email@example.com; or fax to (312) 373-8219. Include a high-res digital
color property photo or head shot if available.