CCIM Feature
Deal Makers
The Biggest Deal
Andrew Briner, CCIM, and John
McManus, CCIM, of
Cushman & Wakefield in Oakland, Calif., negotiated the more than $27.2
million sale of a 552,450-sf industrial property in Manteca, Calif., from
Metlife to Duke Realty. Briner and McManus also represented an undisclosed buyer in the more than $15.5 million
purchase of a 150,075-sf industrial property in Union City, Calif., from an
undisclosed seller.
Multifamily
Big
Deal
Thomas McConnell, CCIM, of Marcus & Millichap in
Elmwood Park, N.J., and a partner negotiated the $15 million sale of a 126-unit
multifamily property in Rochelle Park, N.J., from Genwill Co. LLC to Real
Estate Growth Advisors LLC.
Bo Barron, CCIM, of Sperry Van Ness/The Barron Group in
Owensboro, Ky., represented a private investor in the $7.8 million purchase of
a 172-unit multifamily property in Owensboro from an undisclosed seller.
Michael W. Bobick, CCIM, of Granite City Real Estate in Waite Park, Minn.,
represented undisclosed sellers in the $7.4 million sale of a 168-unit
multifamily property in St. Cloud, Minn., to an undisclosed buyer.
Daniel J. Scanlon, CCIM, of Grubb & Ellis/Northern New England in
Manchester, N.H., and a partner represented the Lois Roy Dickerman Trusts in
the more than $7.1 million sale of a 150-unit multifamily portfolio in
Manchester to Brady Sullivan Properties and James and Paula Bennett.
Andrew Briner,
CCIM, and John McManus,
CCIM, of Cushman & Wakefield in Oakland, Calif., and two partners
negotiated the $6.5 million sale of a 60-unit multifamily property in Bend,
Ore., from ATC Realty Sixteen-Wells Fargo Bank to an undisclosed buyer.
Ryan J. Johnson,
CCIM, of Johnson Group in Reno, Nev., represented Gorelick Investments in the
more than $3.5 million purchase of a 62-unit multifamily property in Reno,
Nev., from Alex Turner.
Industrial
Big
Deal
Kevin Markwordt, CCIM, of Transwestern Commercial
Services in Atlanta and a partner represented Sunshine Associates LLC in the
$16.1 million sale of a 364,347-sf industrial property in Ball Ground, Ga., to
Brennan Investment Group LLC.
Andy Wheeler,
CCIM, of NAI West Commercial in Salt Lake City and a partner represented Connor
Sport Court International in the 20-year, $16 million lease of a 162,000-sf
industrial building in Salt Lake City. Kyle Roberts, CCIM, of NAI West Commercial in Salt Lake City and a
partner represented an undisclosed lessor.
Kevin A. McGrath, CCIM, of Cassidy Turley in Columbus, Ohio, and two partners represented Aegon
in the more than $7.1 million sale of a 308,000-sf industrial property in
Gahanna, Ohio, to Niagara Bottling LLC.
Larry Edwards,
CCIM, of NAI San Diego in San Diego represented Paulus Enterprises LLC in the
$5.8 million purchase of an 80,000-sf industrial building in Fontana, Calif.,
from Fontana Industrial Partners LLC.
Si A. Pitstick,
CCIM, of Cincinnati Commercial Realtors in Cincinnati represented Green Bay
Packaging in the $4.2 million purchase of a 268,614-sf industrial property in
Lebanon, Ohio, from Quad Graphics.
Retail
Big
Deal
Keith A. Sturm, CCIM, and Deborah
K. Vannelli,
CCIM, of Upland Real Estate Group in Minneapolis represented an undisclosed
seller in the $16 million sale of a 79,963-sf retail property in Virginia to an
undisclosed buyer.
Young Ja Kim, CCIM, of Kim Commercial in Duluth, Ga., represented
Spring Village LLC in the more than $4.8 million sale of a 63,200-sf retail
property in Smyrna, Ga., to Plantation Pointe LLC.
Bruce
Kemp, CCIM, of Compass Commercial
Real Estate Services in Bend, Ore., represented a private investor in the more
than $4 million purchase of a 12,096-sf retail building in Bellingham, Wash.,
from an undisclosed seller. Kemp also represented the same buyer in the more
than $3.2 million purchase of an 8,000-sf retail property in Tacoma, Wash.,
from an undisclosed seller.
Brian L. Lightle,
CCIM, of Lightle Beckner Robison in Melbourne, Fla., represented Regions Bank
in the $3.5 million sale of a 102,000-sf retail property in Melbourne, Fla., to
an undisclosed buyer.
Office
Big
Deal
Kevin Markwordt, CCIM, of Transwestern Commercial
Services in Atlanta and two partners represented Lincoln Harris in the $26
million sale of a 303,156-sf office building in Columbia, S.C. David
C. Lockwood III, CCIM, of Colliers Keenan in Columbia and a partner represented the buyer,
AgFirst Farm Credit Bank.
Chad Boddez, CCIM, of Colliers International in Edmonton, Alberta,
represented North American Construction Group in the 10-year, $22.7 million
lease of 80,000 sf of office space in Edmonton from Remington Development Corp.
Duke Suwyn,
CCIM, of Colliers International in Grand Rapids, Mich., represented Franklin
Monroe LLC in the $11.8 million purchase of 200,000 sf of office space in Grand
Rapids. Colin Kraay, CCIM,
of Colliers International in Grand Rapids represented the seller, Westminster
Campau LLC.
Thomas M. McDermott, CCIM, and John F. Thiry, CCIM, of NAI Commercial Partners in Lancaster, Pa.,
negotiated the 15-year, more than $10 million lease of 80,000 sf of office
space in Lancaster from an undisclosed lessor to Parsons Brinckerhoff.
Stanley J. Wisinski III, CCIM, and Mary Anne Wisinski-Rosely, CCIM, of NAI Wisinski of West Michigan in Grand
Rapids, Mich., and a partner represented a group of 16 doctors in the $9.2
million sale of a 110,000-sf medical office building in Grand Rapids to MB Real
Estate.
Whitney Hake, CCIM,
of Cassidy Turley Colorado in Denver and two partners represented Orchard Falls
in the more than 10-year, more than $7.7 million lease of 32,028 sf of office
space in Greenwood Village, Colo., to NBH Bank NA.
Specialty
Big
Deal
Todd D. LaPlante, CCIM, of Five Points Commercial in
Huntington Beach, Calif., represented Kinka LLC in the $16.2 million purchase
of a 35,076-sf car dealership in Huntington Beach from the Howard L. Abel
Family Trust.
Reid A. Bennett, CCIM, of Sperry Van Ness
in Chicago and two partners negotiated the $7.4 million sale of a 197-unit
seniors housing portfolio in Des Moines, Iowa, from an undisclosed seller to an
undisclosed buyer.
Land
Big
Deal
William H. Rollins Jr., CCIM, of Land Solutions in Fort
Myers, Fla., and a partner negotiated the more than $6.2 million sale of 65
acres of land in North Fort Myers, Fla., from Colonial Homes to DR Horton.
William A. Eshenbaugh, CCIM, and Nancy B. Surak, CCIM, of Eshenbaugh Land Co. in Tampa, Fla.,
represented an undisclosed seller in the more than $3.7 million sale of 413
acres of land in New Tampa and Wesley Chapel, Fla., to Taylor Morrison.
Hospitality
Earle B. Wason, CCIM, of Wason Associates Hospitality Real Estate
Brokerage Group in Portsmouth, N.H., represented Butson Lincoln LLC in the $4.7
million sale of an 81-room Comfort Inn in Lincoln, N.H., to Amba Hotel LLC.
Mixed-Use
Timothy C. Macker Jr., CCIM, of Coldwell Banker Commercial Westmac in Los
Angeles and a partner represented an undisclosed seller in the more than $4.3
million sale of a 9,095-sf mixed-use property in Santa Monica, Calif., to a
1031 exchange buyer.
CCIM ROI
“Mailbridge was the
vehicle that helped make the deal happen,” explains George
Renz, CCIM, of Renz and Renz Real
Estate Brokerage in Gilroy, Calif. Barbara K. Hokel, CCIM, of NAI Ruhl and Ruhl Commercial in West Des
Moines, Iowa, contacted Renz about a 66,512-sf mixed-use property in Waterloo,
Iowa, he had recently listed on CCIM MailBridge for his client, Cedarloo
Partners. Soon thereafter, Hokel represented M&G Capital LLC in the more
than $3.4 million purchase. And though she and Renz have yet to meet in person,
Hokel says that online networking platforms such as CCIM MailBridge are “always
beneficial.” Renz agrees: “This is my fourth deal in two years directly due to
MailBridge,” he says.
Did you close a deal with another CCIM?
Report it at CCIMdeal@ccim.com.