CCIM Feature

April 2005 Online Deal Makers

Office
Arthur Nachman, CCIM, of Long & Foster Real Estate in Vienna, Va., represented Dombroff & Gilmore PC in the nearly $2.2 million lease of a 25,602-sf office building in Tysons Corner, Va., from Akin, Gump, Strauss, Hauer, and Feld LLP.
« Daniel J. Jessup, CCIM, of Apex Commercial in Brookfield, Wis., brokered the eight year $1.6 million lease of the 7,904-sf office building in Madison, Wis., from 525 Junction Road LLC to Massachusetts Mutual Life Insurance Co.
Neil E. Merin, CCIM, SIOR, of NAI/Merin Hunter Codman in West Palm Beach, Fla., represented JEC LLC in the $1.5 million sale of a 4,800-sf office building in Jupiter, Fla., to Dennis Cunningham.

Land
Michael E. Dreyer
, CCIM, of Coldwell Banker Commercial Sun Land Realty in Melbourne, Fla., represented Matnick Partners in the $2.6 million sale of more than 37 acres to a private investor. He also negotiated the $2.2 million sale of more than 14.4 acres of land from a family trust to Manatee Cove Ltd.
Jon G. Savoy, CCIM, SIOR, of Grubb & Ellis in Southfield, Mich., and two partners represented Cornrite Partnership in the $1.5 million sale of 4.5 acres of land Novi, Mich., to Novi 12 Mile LLC.

Industrial
Jon G. Savoy, CCIM, SIOR, of Grubb & Ellis in Southfield, Mich., and a partner represented Pineview Properties A in the more than $1.4 million purchase of 20,000 sf of industrial space in Commerce Township, Mich., from Pineview Properties.
Kenneth R. Braden, CCIM, SIOR, of Colliers Barry in Milwaukee brokered the more than $1 million sale of a 27,300-sf industrial facility in New Berlin, Wis., from the Estate of Charlotte Williams to a private investment group.

Retail
« Keith A. Sturm, CCIM, Michael K. Houge», CCIM, SIOR, and Deborah K. Vanelli », CCIM, of Upland Real Estate Group in Minneapolis represented a private developer in the $1.7 million sale of a 3,765-sf Arby's in Plum, Pa., to a private investor. They also represented a private developer in the $1.7 million sale of a 3,000-sf Arby's in Cambridge , Minn. , to a private investor. The trio also represented another private developer in the $1.6 million sale of a 3,500-sf Arby's in Albert Lea, Minn., to a private investor. Sturm, Houge, and Vanelli also represented a private developer in the $1.1 million sale of a 3,750-sf Arby's in Austin, Minn., to a private investor.

Recommended

Proptech's Golden Age

Spring 2022

By leveraging proptech to meet the challenges of COVID-19, commercial real estate hopes to ready itself for the future.

Read More

Redefining Location

Spring 2022

The driverless vehicle and rise of remote work are two potential catalysts for significant changes to the valuation process.

Read More

The How and Where of Climate Risk

Spring 2022

Location intelligence from Esri can prepare the commercial real estate industry for approaching environmental changes.

Read More

The Ins and Outs of Receiverships

Spring 2022

Receiverships offer promising avenues for commercial real estate professionals to assist lenders with distressed assets.

Read More