CCIM Feature
Deal Makers
The
Biggest Deal
Steven
Medwin, CCIM, of JLL in Miami and two partners represented Ryder in the $42
million purchase of its 238,420-sf corporate headquarters building in Miami
from a Flager Development entity.
Retail
Big Deal
Jason
P. Little, CCIM, of CBRE|Oklahoma in Oklahoma City and three partners
negotiated the $27.6 million sale of the 233,797-sf Centennial Plaza in
Oklahoma City from Kimco Realty to Retail Centers of America.
Braemon
M. Hanes, CCIM, of Hanes Investment Realty in Westlake Village, Calif.,
represented Hanes-Canon LP in the more than $10.8 million sale of a 7,585-sf
retail property in Beverly Hills, Calif., to Pashaie/Pourshamtobi.
Drew
Forness, CCIM, of Forness Properties LLC in Winter Park, Fla., and a partner
represented Battaglia Group Management LLC in the $9.5 million sale of the
64,050-sf Golden Eagle Village Shopping Center in Clermont, Fla., to a Florida
real estate fund.
Adam P.
Von Romer, CCIM, of The Fitzgerald Group in Fort Lauderdale, Fla., represented
Paul Anjoorian, on behalf of a family trust, in the more than $6.5 million
purchase of a 14,426-sf triple net-leased Walgreens in Murfreesboro, Tenn.,
from Hyannis Investments LLC.
Ed
Colson Jr., CCIM, of Cassidy Turley in San Diego and a partner negotiated the
$5.5 million sale of a 33,000-sf Gold’s Gym in San Antonio from an undisclosed seller to Amargosa
Palmdale Investments LLC.
Chris
Rink, CCIM, of Sperry Van Ness in San Diego negotiated the more than $5.3
million sale of a 12,086-sf CVS drugstore in Chesapeake, Va., from a Georgia
development company to a California investment partnership.
Martin
A. Blum, CCIM, of Colliers International in Richmond, Va., represented an
undisclosed buyer in the $5.2 million purchase of the 37,257-sf Shoppes at Twin
Oaks in Richmond from an undisclosed seller.
Simon
Asef, CCIM, of DMC Real Estate in North Hollywood, Calif., represented South
Mountain Capital LLC in the more than $4.8 million purchase of the 43,276-sf
South Mountain Plaza shopping center in Phoenix from Akahi Palm LLC.
Cathy
A. Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and four partners
represented Las Vegas Plaza Limited LLC in the more than $2.9 million sale of a
24,470-sf retail property in Las Vegas to Sam Shakib.
Lauren
Collins, CCIM, of Twin Rivers Capital LLC in Charleston, S.C., completed the
more than $2.6 million sale of an 11,275-sf McDonald’s and Family Dollar co-development property in
Trenton, Fla., on behalf of TRC Trenton LLC. Collins also completed the $2.4
million sale of an 8,361-sf Family Dollar in Savannah, Ga., on behalf of TRC
Habersham LLC.
Micah
McCullough, CCIM, of UCR Properties LLC in Jackson, Miss., represented Wells
Fargo Bank in the $2.6 million sale of the 28,000-sf Flowood Plaza shopping
center in Flowood, Miss., to a private investor.
Office
Big Deal
Gary W.
Lyons, CCIM, of Avison Young in Raleigh, N.C., represented Wake Internal Realty
LLC in the $11.5 million sale of a 40,770-sf medical office property in Raleigh
to a real estate investment trust. Lyons and a partner also represented JDL
Investments LLC in the $5 million sale of the 36,000-sf Sunset One and Two
medical office buildings in Raleigh to Velocis.
Rick
Colon, CCIM, of Cassidy Turley in Tampa, Fla., represented an undisclosed
seller in the $8.2 million sale of the 145,957-sf Premier Corporate Center in
Tampa to Meridian Development Group.
Ian M.
Grusd, CCIM, of GreenGate Capital in Tinton Falls, N.J., negotiated the $6.9
million sale of a 62,000-sf office property in Manalapan, N.J., from 200 Route
9 Realty to Novadebt.
Jason
Kruse, CCIM, of The Colorado Group in Boulder, Colo., represented Flatirons
Solutions in the more than $4.8 million purchase of a 37,142-sf office property
in Boulder from an undisclosed seller.
Eric
Larkin, CCIM, of NAI Vegas in Las Vegas represented Urban Land of Nevada in the
$4.2 million purchase of 52,881-sf of office space in Henderson, Nev., from
Black Mountain Industrial Park LLC.
Stephen
Toomey, CCIM, and James Lyons, CCIM, of Compass Commercial Real Estate Services
in Bend, Ore., and a partner represented Third Division Properties LLC in the
$2.9 million purchase of the 12,770-sf AmeriTitle Building in Bend from SSL #1
LLC.
David L.
Wallace, CCIM, of CRE Consultants LLC in Naples, Fla., represented an
undisclosed lessor in the approximately $2.6 million lease of 62,586 sf of
office space in Naples to Mason Classical Academy Charter School.
Industrial
Big Deal
Larry
Emmons, CCIM, of CBRE in Southfield, Mich., represented Time Equities in the
$12 million purchase of a 770,000-sf research and development facility in Allen
Park, Mich., from the city of Allen Park.
Todd P.
Garrett, CCIM, of Avison Young in Mt. Pleasant, S.C., and a partner represented
GMIP 3191 Ashley Phosphate Road LLC in the $6.4 million sale of a 246,995-sf
industrial property in Summerville, S.C., to 3191 Ashley Phosphate LLC.
Marc A.
Napolitano, CCIM, of Napolitano Commercial Properties in Miami represented
Rogover Building LLC in the more than $6.2 million sale of a 93,724-sf
warehouse in Miami Gardens, Fla., to T.M.C. Inter-American Corp.
Brian
Mulvaney, CCIM, of Voit Real Estate Services/Corfac International in San Diego
negotiated the more than $6.1 million sale of a 56,386-sf industrial building
in Poway, Calif., from Atomic Investments to a local investment firm.
Drew
Augustin, CCIM, of Alliance Commercial Group in Indianapolis represented
Zevacor Molecular in the more than $4.8 million purchase of a 71,000-sf industrial
property in Noblesville, Ind., from an undisclosed seller.
John C.
Lopez, CCIM, of Inve$tment Realty in Mayaguez, Puerto Rico, negotiated the $3.6
million sale of a 60,000-sf warehouse in Mayaguez from Purico LLC to Royal
Properties.
Mi Mi
Montagnet Bankston, CCIM, of M2 Brokerage LLC in New Orleans represented the
seller in the $3.5 million sale of a 32,185-sf warehouse in New Orleans. Robert
E. Talbot, CCIM, of Talbot Realty Group in New Orleans represented the buyer,
International Shipholding Corp.
Multifamily
Big Deal
Jill
Duemeland, CCIM, and April Eide, CCIM, of Duemelands Commercial in Bismarck,
N.D., represented IRET Properties in the more than $18.2 million purchase of
the 204-unit Silver Spring and Homestead Garden Apartments in Rapid City, S.D.,
from an undisclosed seller.
Patrick
DiCesare, CCIM, of Sunset Capital Group LLC in Los Angeles sold a 340-unit
multifamily portfolio in Pittsburgh to UMH Properties for $12.2 million.
Braemon
M. Hanes, CCIM, of Hanes Investment Realty in Westlake Village, Calif.,
negotiated the $6.7 million sale of the 24-unit Hazeltine Apartments in Sherman
Oaks, Calif., from Martson/Tollefson to Rosin.
Michael
W. Bobick, CCIM, of Granite City Real Estate in Waite Park, Minn., negotiated
the $6.1 million sale of the 120-unit Westchester Park Apartments in Waite Park
from Westchester Apartments LP to Westchester LLC.
Daniel
Blackwell, CCIM, of Marcus & Millichap in Irvine, Calif., negotiated the
more than $4.7 million sale of the 26-unit Monte Vista Apartments in La Habra,
Calif., from six tenants-in-common sellers to Schroeder Investment Partners.
John
Heine, CCIM, of Investors Realty in Omaha, Neb., represented Harvest
Development II LLC in the more than $4.4 million purchase of a 124-unit
multifamily complex in Omaha from an undisclosed seller.
T. Sean
Lance, CCIM, formerly of NAI in Tampa Bay, Fla., represented a Florida
development company in more than $3.8 million sale of a more than 1.8-acre
apartment development site for 270 luxury units in Tampa. Ryan Sampson, CCIM,
of Eshenbaugh Land Co. in Tampa represented the buyer, Florida Crystals.
Thomas
McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J., and a partner
negotiated the more than $3.7 million sale of the 30-unit Village Court
apartments in South Orange, N.J., from Village Court Inc. to Village Court
Apartments LLC.
Financing
Big Deal
Leonard
P. Deering, Jr., CCIM, of Berkadia Commercial Mortgage LLC in Chicago and two
partners arranged the $17.2 million financing of the 360-unit Georgetown
Commons Apartments in Clinton Township, Mich., for Eastpointe Townhomes LLC.
Deering and two partners also arranged the $15.4 million financing of the
144-unit Old Orchard Residences in Skokie, Ill., for Mosaic Old Orchard LLC.
Deering and two partners also arranged the $3.5 million financing of the
101-unit Riverview Apartments in Fond du Lac, Wis., for Riverview Apartments
LLC.
Paul B.
Natalizio, CCIM, of Cornerstone Realty Capital in Lexington, Mass., arranged
the $5 million financing of a 46-unit multifamily property in Boston for 36-44
Quint Avenue LP.
Mary
Hurley, CCIM, of Thomas D. Wood & Co. in Orlando, Fla., arranged the $5
million financing of the 95-acre Kelly Park Crossing in Apopka, Fla., for an
undisclosed borrower.
Specialty
Big Deal
Grafton
Milne, CCIM, of the Menlo Group Commercial Real Estate in Phoenix represented
an undisclosed buyer in the more than $5.5 million purchase of the 320,000-sf
former Phoenix Memorial Hospital in Phoenix from an undisclosed seller.
Jim
Casale, CCIM, of Lee & Associates in San Diego represented a private
investor in the more than $2.4 million purchase of a 4,945-sf net-leased
Christian Brothers Automotive Center in Westfield, Ind., from an undisclosed
seller.
Glenn
H. Roher, CCIM, of Roher Commercial Real Estate Services in Lancaster, Calif.,
represented the L.A. District Advisory Board in the $2.1 million sale of a
28,000-sf private school in Lancaster to SKS Ventures LLC.
Land
Big Deal
David
J. Stevens, CCIM, of Investment Properties Corp., in Naples, Fla., represented
The Residences of the Mercato in the $13.5 million sale of 11.2 acres of
residential land in Naples to Mercato Residences LLC.
Elliot
M. Ross, CCIM, and Jason Aprile, CCIM, of RMC Ross Realty in Tampa, Fla., and a
partner represented Thomas Holdings LLC in the $3.5 million sale of 80 acres of
land in Tampa to M/I Homes of Tampa LLC.
Mixed-Use
Big Deal
Nathan
Hale, CCIM, of Mohr Partners in Dallas and Ian M. Grusd, CCIM, of GFT
Investments in Tinton Falls, N.J., represented an undisclosed lessee in the
more than $14.6 million lease of a 130,681-sf mixed-use property in Piscataway,
N.J., from an undisclosed lessor.
Marc H.
Doyle, CCIM, of Cassidy Turley in Carlsbad, Calif., represented Sunwood Pacific
Ridge LLC in the $5.8 million purchase of a 52,416-sf office and industrial
park in Carlsbad from Betty Ann Robinson Trust.
CCIM ROI
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.