Mark Illsley, CCIM,
of Oregon Commercial Realty in Central Point, Ore., negotiated the $33 million
sale of a 304-unit multifamily property in Riverside, Calif., from Parkside
Village Apartments LLC to Colony Student Housing LLC.
Scott Henry, CCIM, of Westmount Realty Capital
LLC in Dallas represented Westmount Realty Capital in the $28 million purchase
of a 1.1 million-sf industrial property in Dallas from an undisclosed seller.
Briner, CCIM, and John McManus, CCIM, of Cushman and Wakefield in Oakland,
Calif., and two partners negotiated the more than $24.3 million sale of a
512,000-sf industrial property in Stockton, Calif., from an undisclosed seller
to AREA Property Partners. McManus and Briner also represented LBA Realty in
the 15-year, $17 million lease of a 100,784-sf industrial property in San
Leandro, Calif., to an undisclosed lessee.
Foster, CCIM, of Jones Lang LaSalle in El
Segundo, Calif., represented ProLogis in the 7-year, more than $13.6 million
lease of a 270,764-sf industrial building in Carson, Calif., to 3PL Global.
Tamillo, CCIM, of UGL Services in Chicago and two partners represented
Healthcare Laundry Services in the more than 2-year,
more than $12 million lease of 309,749 sf of industrial property in Wheeling,
Ill., from Cabot Properties.
Cooper, CCIM, of Bond Street Investments in
Charleston, S.C., represented Am Pro Land LLC in the $5.1 million sale of a
154,669-sf industrial property in Anniston, Ala., to Agrecel. Brett Buckner, CCIM, of
Bucker & Co. in Atlanta represented the buyer.
Chin, CCIM, of Sperry Van Ness in San Francisco represented an undisclosed
seller in the $4.2 million sale of a 24,000-sf industrial building in San
Francisco to 1499 Evans Avenue LLC.
Emmons, CCIM, of Newmark Grubb Knight Frank in Detroit
represented First Industrial in the more than $3.3 million sale of a 66,132-sf
industrial property in Sterling Heights, Mich., to Sterling Heights Titleholder
Armstrong, CCIM, of Target Realty Corp. in Calgary, Alberta, and a partner
represented R.S. Foundation Systems Ltd. in the more than $2.2 million purchase
of a 7,950-sf industrial property in Calgary from J&R Hall Transport.
A. Eshenbaugh, CCIM,
Sampson, CCIM, of Eshenbaugh Land Co. in
Tampa, Fla., negotiated the $8.6 million sale of 19.73 acres of land in Tierra
Verde, Fla., from an undisclosed buyer to an undisclosed seller. Sampson also
negotiated the more than $2.5 million sale of 1.5 acres of land in St.
Petersburg, Fla., from an undisclosed seller to an undisclosed buyer.
Erstine, CCIM, and Brian
Shaw, CCIM, of Sage Partners LLC in Fayetteville, Ark.,
represented Second Step Asset Management Co. in the $8 million sale of 192
acres of land in Rogers, Ark., to PWX LLC.
H. Rollins, Jr.,CCIM, of Land Solutions in Fort Myers, Fla., and a
partner negotiated the more than $4.2 million sale of 85 acres of land in
Bonita Springs, Fla., from VOBN Land Investment LLC to Minto Communities.
Carbonelli, CCIM, and
Renee D. Dyer, CCIM, of Prudential Commercial Real Estate in Palm
Harbor, Fla., negotiated the $2.1 million sale of 3.7 acres of land in Largo,
Fla., from Pacifica Loan Four LLC to DR Horton.
Hogan, CCIM, and Natalie Snyder,
CCIM, of Transwestern Commercial in Dallas represented H.D. Vest Financial
Services in the 11-year, more than $18 million lease of 87,000 sf of office
space in Dallas from an undisclosed lessor.
Crotty, CCIM, of Colliers International South Florida in Coral
Gables, Fla., and a partner represented OneBlood in the $9.8 million purchase
of a 75,000-sf office building in Fort Lauderdale, Fla., from the Florida
Department of Financial Services. Salvatore
Bonsignore, CCIM, of Colliers International South Florida and a
partner represented the seller.
F. Campenni, CCIM, of Thomas F. Campenni Co. in Stuart, Fla.,
negotiated the 7-year, more than $5 million lease of 22,500 sf of office space
in New York to Leaddog Marketing Group LLC from an undisclosed lessor.
C. Macker Jr., CCIM, of Coldwell Banker Commercial in Los Angeles
represented an undisclosed seller in the $4.5 million sale of an 18,000-sf
office property in Los Angeles to an undisclosed buyer.
B. Cromwell, CCIM, of R.E. Source in Newport
Beach, Calif., represented the City of Redondo Beach in the more than $7
million purchase of a 17,240-sf retail property in Redondo Beach, Calif., from
Schiff, CCIM, of Cassidy Turley in San Diego and two partners
represented Ultimate Capital LLC in the 10-year, $2.8 million lease of 15,812
sf of retail space in San Diego to Chuck E. Cheese’s.
G. Stewart, CCIM, of Sperry Van Ness/Stewart Commercial Group LLC
in Ann Arbor, Mich., represented Zeeb Partners LLC in the more than $2.3
million purchase of a 12,000-sf retail center in Scio Township, Mich., from
Zebra Holdings LLC.
Babey,CCIM, and Ryan
Babey,CCIM, of Colliers International in Regina,
Saskatchewan, negotiated the $2.1 million sale of a 45,000-sf retail property
in Melville, Saskatchewan, from CPI Crown Properties to First Aberdeen
K. Abdulla, CCIM, of Broadway National Bank in San Antonio, Texas arranged the more than $20 million financing of a
225-unit student housing project in San Antonio.
Carlson, CCIM, of Grandbridge Real Estate Capital in
Minneapolis arranged the more than $8.8 million refinancing of a 125,000-sf
office and retail portfolio in Golden Valley, Brooklyn Park, and Minnetonka,
Minn., for an undisclosed borrower. Carlson also arranged the $5.3 million
financing of a 175,000-sf industrial portfolio in Roseville, Minn.
L. Hall, CCIM, of NAI Ohio Equities in
Columbus, Ohio, represented a private investor in the more than $8 million
purchase of two multifamily properties totaling 596 units in Columbus from
McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J.,
and a partner negotiated the $7.3 million sale of a 75-unit multifamily
property in Mahwah, N.J., from K. Hovnanian Enterprises to Norfolk Investors
A. Fowler,CCIM, of Brown Investment Properties in Greensboro,
N.C., and a partner represented an undisclosed seller in the $4.3 million sale
of a 296-unit multifamily community in Charlotte, N.C., to Atlanta Capital
When Davide Pio, CCIM,
of BCRE in Pinole, Calif., was looking for a multifamily property for his
client to purchase, he turned to his CCIM network. A CCIM candidate whom Pio
had met through the Northern California CCIM Chapter knew a seller with a
31-unit multifamily property in Oakland, Calif. “He gave me the inside scoop
over a month before the property hit the market,” Pio says. Knowing the
seller’s motivations, Pio was able to close the $6.3 million deal and save his
client approximately $200,000. “There was a higher offer, but we knew the
seller’s priority was timing,” Pio adds.