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.

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