J. Harwood, CCIM, of Q10|Lutz Financial Services in Birmingham, Mich., arranged
the $46.5 million refinancing of a 345,000-sf retail power center in Orion
Township, Mich., for an undisclosed borrower. Harwood also arranged the $29.2
million financing of a 617-unit multifamily complex in Lansing, Mich., for an
Hoffman, CCIM, of Cushman & Wakefield/The Boerke Co. in Milwaukee
represented Stella & Chewy’s in the $41 million sale a 164,007-sf
build-to-suit food processing facility in
Oak Creek, Wis., to Lexington Realty Trust.
Chou, CCIM, of Realty Brokers International in Rolling Hills Estates, Calif.,
represented American Rena International Corp., in the more than $9 million
purchase of the 67,557-sf Avery Research Center in Pasadena, Calif., from Hager
Pacific Properties LLC.
M. Clifton, CCIM, of Charles M. Clifton LLC in Tampa, Fla., represented JWET
Realty Corp. in the $4.9 million sale of the 171,000-sf Taylor Made Industries
manufacturing facility in Bradenton, Fla., to Bradenton Property Investments
Milton Thomas, III, CCIM, of Lee & Associates Charleston in Charleston,
S.C., represented Summerville Industrial Park in the $3.4 million sale of a
50,000-sf industrial property in Summerville, S.C., to Pierce Hardy LP.
Harper, CCIM, of NAI Norris, Beggs & Simpson in Vancouver, Wash.,
represented Herschell Management LLC in the more than $3.2 million purchase of
the 40,870-sf Padden Industrial Park in Vancouver from Heuvel Enterprises LLC.
Beery, CCIM, of Coldwell Banker Commercial M.M. Parrish in Gainesville, Fla.,
represented Nalbandian Properties in the $3.2 million purchase of a 43,000-sf
industrial property in Gainesville from Medical Devices Technologies.
Glickman, CCIM, of Coldwell Banker Commercial NRT in Maitland, Fla.,
represented his client in the $27 million sale of the 206,365-sf Meridian
Crossings power center in Meridian, Miss., from an undisclosed seller. Glickman
also represented a retail investment firm in the $9.3 million sale of the
49,329-sf Colonial Town Center in Orlando, Fla., to an international investment
Grummons, CCIM, of Investors Realty in Omaha, Neb., represented an affiliate of
Integris Ventures in the more than $16.7 million purchase of the 115,495-sf
Centro Plaza shopping center in Lincoln, Neb., from an undisclosed seller.
Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and four partners
represented Spanish Ranch I LP in the more than $12 million sale of an
80,247-sf retail center in Mesa, Ariz., to SSIF-Augusta Ranch 2 LP.
L. Miner, CCIM, of Orion Investment Real Estate in Scottsdale, Ariz., and a
partner negotiated the $9.3 million sale of the 103,000-sf Sunburst Plaza in
Glendale, Ariz., from The Sunburst Plaza Co. LLC to Sunburst Station LLC.
Imbrie, CCIM, of Sperry Van Ness in Portland, Ore., represented the seller in
the $8.9 million sale of the 65,000-sf Sun West Shopping Center in Hillsboro,
Ore., to an undisclosed buyer.
Scanlon, CCIM, of Colliers International in Manchester, N.H., and a partner
represented three parties in the $6.1 million sale of the 109,069-sf Granite
Town Plaza in Milford, N.H., to a private investor.
Ann Drinkwater, CCIM, of Marcus & Millichap in New Haven, Conn., and a partner
negotiated the more than $4 million sale of a CVS Pharmacy in Meriden, Conn.,
from a northeastern regional investor to a New Jersey investor. kwater and a
partner also negotiated the more than $3 million sale of a 7,355-sf retail
strip center in Latham, N.Y., from a local seller to a local investor.
Stevens, CCIM, of Investment Properties Corp., represented The Moorings in the
more than $3.4 million sale of the 11,280-sf Stoney’s Plaza in Naples from
Blueprint Punta Gorda LLC.
Coppola, CCIM, and Andrew Cheney, CCIM, of Lee & Associates Arizona in
Phoenix represented Phoenix Investors #17, 20, 21 LLC in the more than $40.8
million sale of 279,503 sf of office space in Tempe, Ariz., to KDI Investments.
Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and three partners
represented CFRE Holdings LLC in the $13.4 million purchase of a 39,600-sf
office property in Rancho Cucamonga, Calif., from an undisclosed seller.
Beery, CCIM, of Coldwell Banker Commercial M.M. Parrish in Gainesville, Fla.,
represented Nalbandian Properties in the 20-year, more than $10.2 million lease
of 40,000 sf of office space in Gainesville to the Alachua County Supervisor of
Chin, CCIM, of Sperry Van Ness in San Francisco represented 807 Montgomery LLC
in the more than $5.2 million purchase of 10,540 sf of office space in San
Francisco from an undisclosed seller.
Killips, CCIM, and Jeff McCammon, CCIM, of Cushman & Wakefield in Edmonton,
Alberta, and two partners negotiated the $12 million sale of 210 acres of
residential development land near St. Albert, Alberta, from an undisclosed
seller to an undisclosed buyer.
H. Rollins Jr., of Land Solutions in Fort Myers, Fla., and a partner
represented University Highlands Partnership in the $10.2 million sale of 73
acres of land in Estero, Fla., to Pulte Home Corp. Rollins and a partner also
represented Jeffery D. Gargiulo in the more than $9.7 million sale of 620 acres
of land in Naples, Fla., to The Trust of Public Land.
Hammond, CCIM, of Colliers International in Greenville, S.C., and a partner
represented Flournoy Development in the more than $7.8 million purchase of six
acres of land in Greenville from an undisclosed seller. Hammond and a partner
also represented the sellers in the more than $5.9 million sale of 20 acres of
land in Greenville to Walmart.
Lightle, CCIM, of Lightle Beckner Robison in Melbourne, Fla., represented Space
Coast Credit Union in the $6.5 million sale of 26 acres of retail development
land in Bradenton, Fla., to GH & G Lockwood LLC.
Rick Gentry, CCIM, of Cushman &
Wakefield/Cornerstone in Knoxville, Tenn., negotiated the $6 million sale of
more than 5.3 acres of land in Knoxville from an undisclosed seller to an
Garinger, CCIM, and Frederick G. Kolb, CCIM, of Colliers International in Fort
Myers, Fla., represented JTAD Estero LLC in more than $5.8 million sale of a
43-acre commercial and residential site in Estero, Fla., to SD Estero Crossing
Sampson, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented the seller in
the more than $4.2 million sale of 65 acres of land in Ruskin, Fla., to an
Owens, CCIM, of Lee & Associates Charleston in Charleston, S.C.,
represented Brigade Holding Co. LLC in the $3.4 million purchase of 9.9 acres
of land in Charleston from an undisclosed seller. Owens and Amanda Reeves,
CCIM, of Lee & Associates Charleston in Charleston represented King Street
Partners LLC in the more than $3.3 million purchase of .27 acres of land in
Charleston from TKH Holdings Group.
Cox, CCIM, of Thomas D. Wood and Co. in Sarasota, Fla., and a partner arranged
a $29.6 million construction loan for the 280-unit Estero Oaks Apartments in
Estero, Fla., for an undisclosed borrower.
Natalizio, CCIM, of Cornerstone Realty Capital in Lexington, Mass., arranged
the more than $24.3 million refinancing of three multifamily properties
totaling 82 units in Boston for Zeena Realty LLC.
McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J., negotiated
the $14 million corporate stock sale of the 130-unit Canterbury Garden
apartment complex in North Arlington, N.J., from Canterbury at Arlington to
North Arlington LLC.
Edge, CCIM, of Sherman & Hemstreet Real Estate Co. in Augusta, Ga.,
represented Lawrence Property Group in the $10 million sale of a 1,100-unit
mobile home portfolio in Montgomery, Ala., and Mobile, Ala., to Otra Vez LLC.
Rochwerger, CCIM, of Keyes Commercial in Boca Raton, Fla., represented an
undisclosed buyer in the more than $7.6 million purchase of the 192-unit
Outrigger Village Apartments in Kissimmee, Fla., from an undisclosed seller.
Koon, CCIM, of Stratus Property Group LLC in Atlanta represented Greenleaf
Investment Partners L022 LLC in the more than $5.3 million purchase of the
223-unit Brentwood, Norwood, and Versailles apartments in Gainesville, Ga.
Stephen H. Jones, CCIM, of SHJ Equities in Woodstock, Ga., represented the
seller, Grelove LLC.
Clarke, CCIM, of NM Apartment Advisors in Albuquerque, N.M., negotiated the
more than $4.3 million sale of the 80-unit Virginian Apartments in Albuquerque
from ROG LLC to a Bay Area-based buyer.
Kaufman, CCIM, of South Coast Commercial in San Diego represented Westview
Mission Ave. LP in the more than $3.9 million sale of a 23-unit multifamily
property in Escondido, Calif., to a private investor.
Wessling, CCIM, and William Overman, CCIM, of S.L. Nusbaum Realty Co. in
Norfolk, Va., represented Olde Jamestowne Apartments LP in the $3 million sale
of the 54-unit Olde Jamestowne Apartments in Williamsburg, Va., to Olde
Jamestowne Apartments LLC.
Verhoven, CCIM, of The Gibson Company Commercial Real Estate in Lexington, Ky.,
represented the seller in the more than $3.9 million sale of a 152,460-sf
former Range Rover/Jaguar dealership in Lexington. Steve Pulliam, CCIM, of
Sperry Van Ness in Lexington represented the buyer, the Lexington Public
Warshafsky, CCIM, of Royal LePage Real Estate Services in Toronto represented
2335487 Ontario in the more than $3.7 million sale of the 15,336-sf El Mocambo
music venue in Toronto to Michael Wekerle.
Niehaus, CCIM, of Huff, Niehaus & Associates in Louisville, Ky.,
represented Tander Properties LLC in the $3.7 million sale of the 49,248-sf
Country Inn & Suites in London, Ky., to Longman Properties II LLC.
Florida CCIMs formed a team in the $2.7 million sale of a retail strip center
in Tampa, Fla. Ron Struthers, CCIM, of Coldwell Banker Commercial NRT in Punta
Gorda, Fla., represented the buyer, and worked alongside Maryann Mize, CCIM, of
Charlotte State Bank & Trust in Port Charlotte, Fla., and a partner. As a
result, Mize closed a $1.9 million loan. “The CCIM connection Ron and I share
made this transaction possible,” Mize says. “We routinely use the knowledge
base of the CCIM core curriculum, powerful technology tools, and networking
programs in our business.” Currently, Mize and Struthers are officers in the
Southwest Florida District CCIM Chapter. Mize serves as CCIM senior instructor
who also chairs the Institute’s Ward Center for Real Estate Studies
Subcommittee and is a member of the Marketing Committee. “The CCIM experience
means so much to me and my career,” she added. Struthers concurs and says, “The
training I received in market assessment, decision-making, and investment
analysis has proven invaluable, as have all of the connections I have made