CCIM Feature

August 2005 Online Deal Makers

Land

Barry J. Bowling, CCIM, of CB Richard Ellis in Raleigh, N.C., and a partner represented Duke Construction LP in the more than $2.6 million sale of 15.2 acres of land in Morrisville, N.C., to Davis Development.

Ronald J. Jurgenson, CCIM, SIOR, and Michael L. Jurgenson, CCIM, both of Michael Realty Co. in Toledo, Ohio, represented both the seller, Hector Salenbien, and the buyer, Park Development, in the $1.5 million sale of 47 acres of land in Dundee, Mich.

Industrial

« Eric V. Cooper, CCIM, of Southpace Properties in Birmingham, Ala., represented Walker Street LLC in the $3 million purchase of a 46,000-sf distribution facility in Opelika, Ala., from Adams Beverage.

» Edward J. Redlich, CCIM, of ComReal Miami in Miami represented Laurence Valle in the more than $2.1 million sale of a 24,000-sf industrial property in Miami to Allied Demo.

» W. Brown Bethune, CCIM, of Prudential Burroughs & Chapin Realty in Myrtle Beach, S.C., represented a private investor in the acquisition of a 24-acre site for more than $1.5 million in the Atlantic Industrial Center Park in Conway, S.C., to Better Brands. He also represented a group of private investors in the more than $1.2 million sale of a 138,000-sf industrial site in Aynor, S.C., to PWG USA.

Retail

« Joseph Belinske, CCIM, of Michael Realty Co. in Toledo, Ohio, represented the seller, Shain Douglas Co., and the buyer, RYS Holdings LLC, in the $2.4 million sale of a 20,700-sf retail center in Toledo.

Office

Dan Wakumoto, CCIM, of Sperry Van Ness in South Pasadena, Calif., represented 4717 Van Nuys Blvd. LLC in the $2.8 million purchase of a 16,000-sf office building in Sherman Oaks, Calif., to Kip Partnership.

Recommended

Mixed-Use Building Boom

Summer 2022

Finding the right formula for mixed-use projects can mean the difference between success and failure. 

Read More

MOB Mentality

Summer 2022

Medical office buildings are interesting investment opportunities with some unique considerations for developers. 

Read More

Secure High Loan Proceeds and Non-Recourse Terms

Summer 2022

Eastern Mortgage Capital offers HUD-insured multifamily loans for construction-to-perm or construction loan takeout financing. 

Read More

Creative Revitalization

Summer 2022

An office-to-multifamily project shows how adaptive reuse can offer new life to properties once thought past their prime. 

Read More