J. Rosillo, CCIM, of Pointe Group Advisors in Coconut Grove, Fla., and two
partners represented Mercantil Commercebank Florida Bancorp in the $75 million
purchase of a 175,376-sf office building in Coral Gables, Fla., from 220
Alhambra Circle LP.
Craig Coppola, CCIM, and Andrew Cheney, CCIM, of Lee & Associates in
Phoenix represented FCA Fund Phoenix I LLC in the $58.4 million sale of the
293,161-sf Desert Ridge Corporate Center I&II in Phoenix to Regent
Properties. Coppola and Cheney also represented Valley of the Sun United Way in
the more than $8.7 million lease of 32,806 sf of office space at the Biltmore
Commerce Center in Phoenix from New Biltmore LLC.
Ormsby, CCIM, of Ezcorp in Austin, Texas, represented his company in the
13-year, more than $50 million lease of 139,000 sf of office space in
Rollingwood, Texas, from Endeavor Real Estate Group.
Kerrigan, CCIM, of Investors Realty in Omaha, Neb., represented Pacific Life in
the $17 million lease of 75,000 sf of office space in Omaha from Zone V LLC.
Copelan, CCIM, of McKinney Advisory Group in San Diego, April Kohnen, CCIM, of
International Realty in San Diego, Tim With, CCIM, of Colliers International in
Albuquerque, N.M., and Thomas C. Jenkins, CCIM, of CBRE in Albuquerque
represented Omninet Capital in the more than $13.2 million purchase of 421,000
sf of office space at Plaza Campana in Albuquerque from Qwest Corp.
Larkin, CCIM, of NAI Vegas in Las Vegas represented NAI Asset Services in the
more than $8.9 million sale of the 213,257-sf Wells Fargo Financial Center in
Las Vegas to Omninet Capital.
A. Cunningham, CCIM, of LandQwest Commercial in Fort Myers, Fla., represented
3033 Winkler Avenue LLC in the more than $4.2 million purchase of the 70,301-sf
former VA medical facility in Fort Myers from an undisclosed seller.
Nicketakis, CCIM, of Callahan Blandings Schaper Real Estate in Waukegan, Ill.,
represented Great Lakes Credit Union in the $4.2 million purchase of a
36,400-sf office building in Bannockburn, Ill., from an undisclosed seller.
F. Campenni, CCIM, of Thomas F. Campenni Co. in Stuart, Fla., represented the
owner in the 10-year, $4 million lease of 7,500 sf of office space in New York
to Magnetic Collaborative LLC.
Katz, CCIM, of MLD Group in Las Vegas and a partner represented Pelican-Zim LLC
in the 15-year, more than $3.2 million lease of 10,000 sf of medical office
space in Las Vegas to Total Renal Care.
Offenbecher, CCIM, and Steve Offenbecher, CCIM, of Coldwell Banker Commercial
Offenbecher in Puyallup, Wash., and a partner represented 24th Street
Industrial Park LLC in the $17.5 million sale of the 234,000-sf 24th Street
Industrial Park in Sumner, Wash., to Harsh Investment Properties. Ethan and
Steve also represented M&L Investments in the $3.3 million sale of
47,500-sf Pioneer Industrial Park in Puyallup to an undisclosed buyer.
Coyne, CCIM, of Newmark Grubb Knight Frank in Cleveland and John E. Huguenard,
CCIM, of JLL in Chicago represented the seller in the $15 million sale of a 255,570-sf
industrial property in Twinsburg, Ohio,
Seidl, CCIM, of Seidl & Associates in Green Bay, Wis., and a partner
represented a subsidiary of Wells Fargo Bank in the 10-year, $6.9 million lease
of 150,000 sf of industrial space in Green Bay to Wisconsin Builders Supply.
Reno, CCIM, of Heger Industrial in Los Angeles represented the Bronte Family
Trust in the $6.4 million sale of a 57,650-sf industrial property in Vernon,
Calif., to Fresh American Produce.
Kean, CCIM, and Cynthia Greenwell, CCIM, of Kean Properties LLC in Kihei,
Hawaii, represented Duesenberg Investment Co., in the more than $3.9 million
sale of a 41,554 sf industrial property in Wailuku, Hawaii, to Scannell
Redlich, CCIM, and Christopher Spear, CCIM, of ComReal Miami in Miami
represented Paramount Property Developers in the more than $3.4 million sale of
the 55,000-sf Homestead Warehouse in Homestead, Fla., to Mirai Holdings.
V. Gonnering, CCIM, and Christine McManus, CCIM, of Investment Properties
Corp., in Naples, Fla., and a partner negotiated the more than $3.3 million
sale of 30,000 sf of industrial space in Naples from Kiropa Island LLC to
Ann Drinkwater, CCIM, of Marcus & Millichap in New Haven, Conn., and a
partner represented a national net-lease investor in the more than $11.3
million sale of a 12,900-sf CVS/pharmacy in Saugus, Mass., to an undisclosed
buyer. Drinkwater and a partner also represented a New York-based seller in the
$8.7 million sale of the 140,918-sf Mentor City Shopping Center in Mentor,
Ohio, to an undisclosed buyer.
J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negotiated
the $10.5 million sale of the 48,735-sf Tanglewood Marketplace in Naples from
Naples Tanglewood Holdings LLC to Downtown Mini Storage LLC. Stevens and a
partner also represented GC Partnership Ltd. in the $5 million sale of a
15,173-sf restaurant in Naples to Naples 5th Avenue Hotel LLC.
Von Romer, CCIM, of The Fitzgerald Group in Fort Lauderdale, Fla., represented
PVA Realty Trust in the more than $6.5 million purchase of a 14,490-sf
Walgreens in Murphreesboro, Tenn., from Hyannis Investments.
Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and three partners
represented Westlake Farms in the more than $6 million purchase of a 15,120-sf
Walgreens in Phoenix from an undisclosed seller. Jones and three partners also
represented 820-860 Twain LLC in the $5.2 million sale of a 57,359-sf retail
property in Las Vegas to Swenson Properties LLC.
Wallace, CCIM, of CRE Consultants in Naples, Fla., represented Oakes Farms in
the $5 million purchase of a 65,000-sf former Albertson’s in Naples from an undisclosed seller.
L. Sherwood, CCIM, and David J. Stevens, CCIM, of Investment Properties Corp.
in Naples, Fla., and two partners negotiated the $4.1 million sale of 40,495 sf
of retail space in Naples from Philip J. McCabe to Sugden Park Plaza LLC.
Shindleman, CCIM, of Shindico Realty in Winnipeg, Manitoba, represented FGL
Sports Ltd. in the more than $3.9 million lease of a 19,498-sf retail property
in Winnipeg from an undisclosed lessor.
Milano, CCIM, of Colliers International Tampa Bay in Tampa, Fla., and Cynthia
Shelton, CCIM, and Kane Morris-Webster, CCIM, of Colliers International Central
Florida in Orlando, Fla., and a partner represented Casto-Zenith Venture LLC in
the $19.1 million sale of a 59,341-sf mixed-use property in Sarasota, Fla., to
Consolidated-Tomoka Land Co.
D. Chin, CCIM, of Sperry Van Ness in San Francisco represented 1030 Polk
Associates LP in the $13 million sale of a 41-unit multifamily and retail
property in San Francisco to an undisclosed buyer.
A. Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and three partners
represented CMA Industries LLC & Solutions Holdings LLC in the more than
$7.5 million sale of a 69,173-sf sale-leaseback portfolio comprised of an
office building and eight residential homes in Las Vegas to Store Capital
Lyons, CCIM, of Avison Young in Raleigh, N.C., and a partner represented Rogers
Alley Ventures LLC in the more than $6 million sale of the 30,000-sf Rogers
Alley mixed-use complex in Durham, N.C., to Equator Capital Management.
Ingraham, CCIM, of Emerald Properties Brokerage & Development LLC in
Lynwood, Wash., represented Mountlake Terrace TOD in the more than $3.6 million
purchase of a 4.8-acre mixed-use development site in Mountlake Terrace, Wash.,
from an undisclosed seller.
Moore, CCIM, of Colliers International in Columbia, S.C., and two partners
represented an undisclosed seller in the $12.5 million sale of more than 50
acres of land in Columbia and Mount Pleasant, S.C., to an undisclosed buyer.
Taylor, CCIM, of Taylor Commercial Real Estate in Austin, Texas, represented VJ
1700 Investments LLC and Gerald Henke in the more than $8.2 million sale of 4.4
acres of redevelopment land in Austin to Flournoy Development Co.
H. Rollins, CCIM, of Land Solutions in Fort Myers, Fla., and a partner
represented University Highlands LP in the more than $6.6 million sale of 18
acres of land in Estero, Fla., to Continental Properties.
Wittman, CCIM, of Regency Properties in Evansville, Ind., represented the
seller in the $4.5 million sale of 11.5 acres of land in Terre Haute, Ind., to
Renshaw, CCIM, of Stan Johnson Co., in New York and a partner represented a New
Jersey medical developer in the $19.1 million sale of a 37,660-sf medical
property in Vineland, N.J., to Lexington Realty Trust.
M. Schmitt, CCIM, of Coldwell Banker Commercial Orion in Waite Park, Minn.,
represented an undisclosed seller in the more than $9.1 million sale of two Fitness
Evolution centers totaling 80,000 sf in St. Cloud, and Sartell, Minn., to a
real estate investment trust.
A. Skomp, CCIM, of Re/Max Commercial Keys Connection in Key West, Fla.,
negotiated the more than $3.5 million sale of the 6-acre Hurricane Hole Marina
& Complex in Key West from an undisclosed seller to a private buyer.
Belinske, CCIM, of Reichle Klein Group in Toledo, Ohio, represented Around Town
Storage in the $3.4 million sale of a 695-unit self-storage facility in Toledo
to BF Self Storage.
Preiss, CCIM, of The Preiss Co., in Raleigh, N.C., represented Orion LLC in the
$29.2 million purchase of the 156-unit Orion on Orpington in Orlando, Fla.,
from an undisclosed seller.
Fowler, CCIM, James Davis, CCIM, and Rick Baker, CCIM, of Brown Investment
Properties in Greensboro, N.C., represented Madison Woods Apartments LLC in the
$7 million sale of the 180-unit Madison Woods Apartments in Greensboro to
Madison Greensboro LLC.
Brown, CCIM, of Wood Properties in Knoxville, Tenn., and a partner represented
5 Torrey Hills LLC in the more than $3.6 million sale of the 135,000-sf former
Farragut Hotel in Knoxville to Family Pride Corp.
Harrelson, CCIM, of Q10 Professional Mortgage of North Carolina in Raleigh,
N.C., arranged the $11.5 million financing of a 115,000-sf multi-tenant class A
office property in Charlotte, N.C., for an undisclosed borrower.
“Instant credibility” is what the CCIM designation signifies says James Resha, CCIM, of
Sperry Commercial in Irvine, Calif. Resha credits his designation as a
door-opener when he approached John Hsu, CCIM, of STC Management in Whittier,
Calif., about an off-market 78,956-sf retail and office property owned by Hsu’s client in City of Industry, Calif. “Armed with the knowledge of commercial
investment and the experience to back it up, Jim and I were able to easily
handle the negotiation swiftly,” Hsu says. Resha represented Cooper Property Investors LLC in the
$43 million purchase. Hsu, along with Dalerie Wu, CCIM, of STC Management,
represented the seller, America West Investments. “This was a large and complicated transaction,
but because there was mutual respect for the designation, it went extremely