CCIM Feature

Deal Makers

The Biggest Deal

Paul B. Natalizio, CCIM, of Cornerstone Realty Capital in Stoneham, Mass., arranged the $29 million financing of a 100-unit multifamily property in Boston for the Mount Vernon Co.

Multifamily

Big Deal

Robert G. Lowe, CCIM, of Sherwood Realty Group in Brantford, Ontario, negotiated the $17 million sale of a 146-unit multifamily portfolio in Brampton, Ontario, from the original developer to a local investor.

John Gallagher, CCIM, of TRI Commercial/Corfac International in Rocklin, Calif., negotiated the more than $15.3 million sale of the 156-unit Austin Creek Apartments in Vallejo, Calif., from Austin Creek Apartments LP to DE Village Austin Creek LLC.

Todd D. Clarke, CCIM, of NM Apartment Advisors in Albuquerque, N.M., represented an undisclosed seller in the $12 million sale of a 248-unit multifamily portfolio in Albuquerque to an undisclosed buyer.

Julie L. Lux, CCIM, and James M. McCaffrey, CCIM, of Cassidy Turley in Minneapolis represented Dominium in the $11 million sale of the 175-unit Oakdale Village Apartments in Oakdale, Minn., to a local private equity buyer.

Thomas McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J., and a partner negotiated the more than $7 million sale of the 56-unit Martha Washington Apartments in Clifton, N.J., from Martha Washington LLC to Rega Clifton LLC.

Edward M. Penick Jr., CCIM, of Coldwell Banker Commercial Hathaway in Little Rock, Ark., represented Albert Pike Residential Hotel Ltd. in the $3.9 million sale of a 135-unit multifamily property in Little Rock to Summit Albert Pike LP.

Industrial

Big Deal

A. Scott Henry, CCIM, of Mohr Capital in Dallas negotiated the 10-year, $6 million lease of a 205,000-sf industrial property in Little Rock, Ark., from an undisclosed lessor to Leisure Arts.

Kenneth A. Shebib, CCIM, of Colliers International in Edmonton, Alberta, negotiated the more than $3.3 million sale of a 6,000-sf Kuusamo Developments property in Fort McMurray, Alberta, from Kuusamo Developments to Alberta Industrial Sheet Metal.

Hospitality

Chandler Brewer, CCIM, of Brewer Brokerage Co. in Asheville, N.C., negotiated the $7.7 million sale of a 109-room Hampton Inn in Hendersonville, N.C., from an undisclosed seller to an undisclosed buyer.

Retail

Big Deal

Kevin D. Chin, CCIM, of Sperry Van Ness in San Francisco represented Columbus Avenue II in the $17.7 million purchase of a 68,525-sf 24 Hour Fitness Super-Sport in Livermore, Calif., from an undisclosed seller.

Alex Zylberglait, CCIM, of Marcus & Millichap in Miami and two partners negotiated the more than $17.3 million sale of a 20,393-sf net-leased Staples property in Miami from 2121 Biscayne Blvd. LLC to an undisclosed buyer. Zylberglait and two partners also represented a private investment group in the more than $11.7 million sale of the 75,592-sf Essex Shopping Center in Hialeah, Fla., to a private investment group.

T. Patrick Murray, CCIM, of Grant-Murray Real Estate LLC in Fayetteville, N.C., and ÑJay Taylor Jr., CCIM, of Sperry Van Ness in Raleigh, N.C., represented Curtis Dail in the more than $8.3 million sale of a 19,728-sf CarMax in Fayetteville to an undisclosed buyer.

Timothy C. Macker Jr., CCIM, of Coldwell Banker Commercial Westmac in Los Angeles represented a private overseas developer in the more than $5.2 million purchase of a 22,500-sf retail property in Santa Monica, Calif., from a private seller.

Office

Big Deal

Hubert King, CCIM, of Treeline Realty and Investment in Temple City, Calif., and a partner negotiated the $9.8 million sale of 50,000 sf of office space at the Halstead Building in Pasadena, Calif., from Green Acre Investment to Haweye Properties.

Evelyn R. Ward, CCIM, of Transwestern in Houston represented Unum Group in the more than $9.7 million sale of a 106,000-sf office property in Houston to ACCC Insurance.

Blake Virgilio, CCIM, of Caldwell Cos. in Houston represented the buyer.

Peter Messina, CCIM, and Helen Weissman, CCIM, of Brenner Real Estate Group in Fort Lauderdale, Fla., represented EverBank Commercial Advisors in the $3.5 million sale of 39,298 sf of office space in Davie, Fla., to Bankers Health Group.

Specialty

Big Deal

Chester H. Brown III, CCIM, James A. Davis II, CCIM, and William H. Strickland, CCIM, of Brown Investment Properties in Greensboro, N.C., represented a group of Greensboro physicians in the $12.5 million sale of the 81,570-sf Professional Medical Center in Greensboro to Flagship Church Street LLC.

James T. Barry III, CCIM, and Kevin C. Barry, CCIM, of Cassidy Turley Barry in Milwaukee, and James V. Garinger, CCIM, of Colliers International Southwest Florida in Fort Myers, Fla., represented Harley-Davidson Motor Co. in the $7 million sale of a 531-acre test track site in Naples, Fla., to Chrysler Group LLC.

Land

Big Deal

Edward J. Redlich, CCIM, of ComReal Miami in Miami and two partners represented Keating Resources in the more than $11.2 million purchase of 20.5 acres of land in Hialeah, Fla., from Hialeah Industrial LLC.

Christopher Leonard, CCIM, of Colliers International in Clearwater, Fla., represented CNBRE 1 Holdings in the $8 million sale of 1,208 acres of land in North Parrish, Fla., to Extended Investments.

Steve Poole, CCIM, of Cassidy Turley in Denver and a partner represented an undisclosed seller in the $7.5 million sale of 158 acres of land in Erie, Colo., to an undisclosed buyer.

D’Arcy Browning, CCIM, of Re/Max Commercial in Calgary, Alberta, negotiated the $4 million sale of more than 5.2 acres of multifamily development land in Airdrie, Alberta, from BDC to MDC.

Donald N. Beck, CCIM, of 36 Clear in Charlotte, N.C., represented BPR Properties LLC in the $4 million purchase of more than 1.1 acres of land in Charlotte to trustees of the African Methodist Episcopal Zion Church and A.M.E. Zion Publishing House.

Ryan Sampson, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented Tampa Groves LLC in the $3.1 million sale of the 452-acre Tampa Groves Phase I in Wimauma, Fla., to Razorback Ranch LLC.

Financing

Kent Mommsen, CCIM, of Cushman & Wakefield Commerce in Boise, Idaho, represented P. Chimento Properties LLC in the $13.1 million debt equity restructuring of a 101,519-sf industrial property in Henderson, Colo., for Commerce Bank.

CCIM ROI

“Mailbridge does it again,” says Charlie Fulk, CCIM, of The Meridian Realty Group in Winston-Salem, N.C. Fulk answered a CCIM MailBridge “want” for historic properties in the Southeast from David Bryant, CCIM, of Metropolitan Development in Columbia, S.C. Fulk contacted Bryant about the 48,000-sf Coe Plaza and the 56,000-sf Pepper Building in Winston-Salem and negotiated the $2.4 million sale of both buildings to U.S. Development Co. “Without CCIM Mailbridge, two of Winston-Salem’s most prominent historic properties might still be sitting idle,” Fulk says. “It’s a prime example of CCIM designees working together for positive results.”