CCIM Feature

Deal Makers(38)

Office
W. Erik Foster , CCIM, of the Foster Group of Marcus & Millichap in Chicago and a partner brokered the more than $22.7 million sale of the 95,896-sf MacNeal medical office portfolio in Berwyn, Ill., from H.S.A. to Heitman. Foster also represented a REIT in the $16.5 million sale of the 110,581-sf Affina portfolio in Peoria, Ill., to a private investor.

Kevin Bruce Markwordt , CCIM, of Transwestern Commercial Services in Atlanta and a partner represented Invesco in the $21.2 million sale of the 210,065-sf Chase Corporate Center in Birmingham, Ala., to Talcott Realty Investors.

Joseph L. Rossi , CCIM, of Grubb & Ellis/Commercial Florida in Orlando, Fla., and a partner represented Opus Corp. in the $21.2 million sale of the 123,044-sf University Corporate Center One office building in Orlando to a private investor.

John E. Huguenard, CCIM, SIOR, and Rebecca Wells , CCIM, of Colliers Turley Martin Tucker in Indianapolis and a partner represented E-L Allison Pointe II LLP in the $14.3 million sale of an 88,350-sf office building in Indianapolis to Sun Life Assurance Co. Huguenard, Wells, and another partner also represented E-L Allison Pointe II LLP in the $12.1 million sale of an 80,900-sf office building in Indianapolis to Sun Life Assurance Co.

Richard M. Messey , CCIM, and Clarence M. Turley , CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis represented PricewaterhouseCoopers in the $10.2 million, 10-year lease of 49,762 sf of office space in St. Louis from First States Investors 225 LLC.

Jeffrey Eales , CCIM, of Birtcher Anderson Properties in San Juan Capistrano, Calif., negotiated the more than $10 million, 10-year lease of 40,000 sf in the Transit Tower building in Santa Ana, Calif., between the County of Orange and Birtcher Anderson Investors LLC.

Brad Luger , CCIM, of GVA Advantis in Tampa, Fla., and a partner represented Taurus Tampa Bay LLC in the $8.4 million sale of the 80,451-sf Eastpointe office building in Tampa from Cypress Creek Capital.

William R. Johnson , CCIM, of Richard Bowers & Co. in Atlanta represented Crawford & Co. in the $8 million sale of its 87,500-sf headquarters in Sandy Springs, Ga., to a subsidiary of Easlan Capital of Atlanta.

Anthony P. Witt , CCIM, SIOR, of Colliers Turley Martin Tucker in Dayton, Ohio, and a partner represented Papyrus LLC in the more than $7.7 million, 10-year lease of 75,042 sf of office space in Dayton to NewPage Corp.

Christopher B. Fraser , CCIM, of barkleyfraser.com in Charleston, S.C., represented Karl H. Kuester in the more than $6 million, 10-year lease of 48,026 sf of office space in Charleston to the Art Institute of Charleston.

Mary Beth Kohart , CCIM, and Rebecca Wells , CCIM, of Colliers Turley Martin Tucker in Indianapolis and a partner represented Boxer Property Management in the more than $5.5 million sale of a 98,448-sf office building in Indianapolis to Keystone Corp. Square LP.

« Steven D. Weinstock , CCIM, of Marcus & Millichap in Southfield, Mich., and a partner represented a private investor in the more than $5.4 million sale of the 37,000-sf Meadowbrook Professional Plaza medical office building in Rochester, Mich., to a private investor.

Greg N. Morrison , CCIM, SIOR, of GVA Advantis in Orlando, Fla., represented Parkway Properties in the more than $5 million, six-year lease of a 39,362-sf office space at the Maitland 100 Building in Maitland, Fla., to SunGard Higher Education Services.

Neil H. Warshafsky , CCIM, of Re/Max Commercial Focus Brokerage in Toronto represented the seller, 1404511 Ontario, and the buyer, Allied REIT, in the $4.5 million sale of 39,132 sf of office space in Toronto. Warshafsky also represented St. Patrick Street Investments in the $3.4 million sale of a 17,238-sf office in Toronto to CUPE Ltd.

Darrin L. Boyd , CCIM, SIOR, and David A. Moore , CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis represented Forethought Financial Group in the more than $4.1 million, 10-year lease of 17,786 sf of office space in Indianapolis from University Park Associates LLC. Along with Mary Beth Kohart , CCIM, of Colliers Turley Martin Tucker in Indianapolis, Boyd, Moore, and two other partners negotiated the more than $3.9 million, 10-year lease of 17,667 sf of office space in Indianapolis from HDG Mansur to Harrison & Moberly. Boyd, Moore, and another partner represented HDG Mansur Investment Services in the more than $3.4 million, 10-year lease of 25,464 sf of office space in Indianapolis to Scopelitis, Garvin, Light & Hanson.

Patrick J. Richardson , CCIM, of Harry K. Moore Co. in Louisville, Ky., represented Nephrology Associates of Kentuckiana P.S.C. in the $3.9 million, 10-year l ease of 14,182 sf of office space in Louisville from NTS Realty Holdings LP.

« Henry Chazankin , CCIM, of Chazankin Commercial Real Estate in Windsor, Calif., represented a private investor in the more than $3.7 million purchase of the 24,000-sf Lakota East Professional Building in Liberty Township, Ohio, from a private investor.

« Karl Behrens , CCIM, SIOR, of BND Commercial LLC in Fort Wayne, Ind., and a partner represented Innotek in the $3.6 million, 10-year lease of a 66,000-sf office and a research and development facility in Fort Wayne from Tippmann Dumas LLC.

Multifamily
Steven D. Weinstock , CCIM, of Marcus & Millichap in Southfield, Mich., represented Arvada Green/Arvada Village LP in the more than $23 million sale of the 264-unit Arvada Village and the 108-unit Arvada Green Apartments in Arvada, Colo., to Bridge Co-Investment Fund. Weinstock and a partner also represented Garfield Park LLC in the more than $3.7 million sale of the 110-unit Garfield Park Apartments in Fraser, Mich., to a private investor.

Michael B. Drew , CCIM, of Colliers Turley Martin Tucker in Indianapolis represented Nelson Building Corp. in the more than $20 million sale of the 348-unit Northlake Village Apartments in Noblesville, Ind., to McCann Realty Partners LLC. Drew also represented Nelson Building Corp. in the more than $11.3 million sale of the 267-unit Mission Hills Apartments in Greenwood, Ind., to McCann Realty Partners LLC. He also represented Nelson Building Corp. in the more than $5.6 million sale of the 180-unit Jamestown Village Apartments in New Castle, Ind., to McCann Realty Partners LLC.

T. Scott Pollom , CCIM, of Colliers Turley Martin Tucker in Indianapolis represented TriOaks LLC in the $11.8 million sale of the 824-unit Oaks at Buck Creek Apartments in Indianapolis to a private investor.

Darrell H. Johnson , CCIM, of Smith Equities Corp. in Orlando, Fla., represented Amistef Largo LLC in the more than $11.1 million sale of the 108-unit Whispering Palms Condominiums in Largo, Fla., to Whispering Palms Condominiums LLC.

Kevin Bruce Markwordt , CCIM, of Transwestern Commercial Services in Atlanta and a partner represented Midland Loan Services in the $7.5 million sale of the 218-unit Highland South Apartments in Jonesboro, Ga., to The Bascom Group.

Julie L. Lux , CCIM, and James M. McCaffrey , CCIM, of Colliers Turley Martin Tucker in Minneapolis and another partner represented U.S. Bank Trust National Association in the $7.2 million sale of the Courtly Park Townhomes in Minneapolis to Madison Equities. McCaffrey and a partner also represented U.S. Bank Trust National Association in the $6 million sale of the 75-unit White Bear Woods Apartments in White Bear Lake, Minn., to LaSalle Investment Management.

Retail
Kevin Bruce Markwordt , CCIM, of Transwestern Commercial Services in Atlanta and a partner represented Midland Loan Services in the $20 million sale of the 494,496-sf Biltmore Square Mall in Asheville, N.C., to Biltmore Eight LLC.

« John M. Crossman , CCIM, of Crossman & Co., in Orlando, Fla., represented Carter-Crossman Investments in the $13 million purchase of the 170,000-sf Orange City marketplace retail center in Orange City, Fla., from Sunshine Portfolio Ltd.

» Michael Muhmoud Pourmirza , CCIM, of Sperry Van Ness in Woodland Hills, Calif., represented WP Developments LLC in the $12.2 million purchase of the 170,336-sf Grand Central Station shopping center in Austin, Texas, from TCP Grand Central Partners Ltd. He also represented Silver Investments LLC in the more than $4.3 million purchase of the 41,248-sf Center Point shopping center in Austin, Texas, from Limited Partnership Center LLC.

» Jim Flock , CCIM, of Forum Management Group in Atlanta and a partner represented Forum Management Group in the $11 million purchase of the 128,000-sf River Place shopping center in Canton, Ga., from Developers Diversified Realty.

William W. Bussey , CCIM, and Colin W. Kraay , CCIM, of Grubb & Ellis/Paramount Commerce in Grand Rapids, Mich., represented Grand Central Plaza Associates LLC in the $7.3 million sale of the 90,000-sf Grand Central Plaza shopping center in Grand Rapids to Gold Dredge LLC.

« Rebecca R. Wall , CCIM, of Meybohm Commercial Properties LLC in Augusta, Ga., represented Shoppes at Country Place LLC in the more than $6.3 million sale of a 28,600-sf shopping center in Evans, Ga., to The Williamson Group LLC.

» Henry Chazankin , CCIM, of Chazankin Commercial Real Estate in Windsor, Calif., represented a private investor in the $5.8 million sale of the 31,000-sf Winding Oaks retail center in Sacramento, Calif., to a private investor. He also represented a private investor in the $4.9 million purchase of the 22,000-sf Lakeside retail center in Brentwood, Tenn., from a private investor.

Robert Shannon , CCIM, of Sperry Van Ness/Great Cove Advisors in Boston represented the seller, a private investor, and the buyer, the White Family Trust, in the $5.6 million sale of a 32,449-sf Circuit City in Danvers, Mass.

Robert W. Taylor , CCIM, of Colliers International in Cincinnati represented Equity Investment Group in the more than $5.2 million sale of a 182,000-sf retail building in Cincinnati to Be ar Creek Capital.

« Linda Gibbs , CCIM, SIOR, and Timothy J. Sharpe, CCIM, SIOR, of CB Richard Ellis/Hubbell Commercial in West Des Moines, Iowa, represented Walters Investments International in the more than $4.4 million sale of the 34,560-sf Westmark Plaza II retail center in Urbandale, Iowa, to a private investor.

Land
John E. Huguenard , CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis, Thomas M. Powers , CCIM, SIOR, of Colliers Turley Martin Tucker in Cincinnati, and a partner represented Duke Realty in the $13.7 million sale of 397 acres of land in the Cleveland area to Farro Enterprises.

Edward L. Miller , CCIM, and Dolores S. Seymou r , CCIM, SIOR, of Colliers Arnold in Tampa, Fla., represented Circle Tampa Ventures I LLC in the more than $8.2 million sale of a 28-acre development site in Tampa to Hanover RS Ltd.

Hassan S. Jadali , CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis and a partner represented Collins Goodman Development in the more than $5.9 million sale of 18.57 acres of land in St. Louis to Dmyterko & Wright Partners.

Mark W. Szerlag , CCIM, of Thomas A. Duke Co. in Farmington Hills, Mich., represented the sellers, James F. and Kay D. Behrenwald, and the buyers, Republic West LLC, in the $4.9 million sale of 15 acres of vacant land in Lyons Township, Mich.

Thomas J. Niewohner , CCIM, of LandCorp in Englewood, Colo., represented the buyer, Douglas Senior Associates LLC, and the seller, Newland Communities, in the $4.1 million purchase of 21 acres of land in Parker, Colo.

Jay H. Vaughn , CCIM, of Coldwell Banker-Meca in Charlotte, N.C., represented Performance Road LP in the $4.1 million sale of 110-acres of land for a business park in Charlotte to Kilburn Commercial Properties.

Mark Jeffrey Howe , CCIM, of Coldwell Banker Commercial TradeMark Properties in Raleigh, N.C., represented Granite Properties and Management LLC in the more than $3.9 million sale of 138 acres of residential-zoned land in Zebulon, N.C., to Mag Land Development LLC represented by Richard G. Havens, CCIM, of Geocorp in Chapel Hill, N.C.

William Bradford , CCIM, SIOR, of GVA Advantis in Orlando, Fla., and a partner represented Pizzuti Land/Cornerstone LLC in the more than $3.8 million sale of 25.5 acres of land in Orlando to Lone Oak of Orlando LLC.

Stephen L. Seidl , CCIM, SIOR, of Seidl & Associates in Green Bay, Wis., represented the West De Pere school system in the $3.1 million purchase of 135 acres of land in Green Bay from Phillip and Delores Van Gheem.

Industrial
James P. Center , CCIM, SIOR, of Grubb & Ellis in City of Industry, Calif., and two partners represented Lamps Plus in the $54 million purchase of a 784,000-sf industrial building in Redlands, Calif., from Trammell Crow Co.

John E. Huguenard , CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis and two partners represented Post Park Investors LLC in the more than $5.9 million sale of a 141,229-sf industrial building in Indianapolis to Cabot Properties.

David Noonan , CCIM, SIOR, of Colliers Turley Martin Tucker in Cincinnati represented Preferred Holdings in the $5.3 million sale of a 96,000-sf industrial building in West Chester, Ohio, to Neyer Properties.

J. Jeffrey Castell , CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis and a partner represented Prologis Leasing in the more than $5.1 million, six-year lease of 281,880 sf of industrial space in Lebanon, Ind., to Subaru.

Terry A. Stieve , CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis represented Ameriwood Industries in the $4.5 million sale of a 523,225-sf industrial building in Wright City, Mo., to Merritt Properties.

Edward J. Redlich , CCIM, and Viktoria Telek , CCIM, of ComReal Miami in Miami represented Gateway Ventures in the more than $4.2 million purchase of a 40,308-sf warehouse in Miami from Trellis Investments.

Recommended

Checking In With Hospitality

Fall 2022

The hospitality market continues to recover faster than anticipated, but some sectors continue to lag and headwinds are gathering.

Read More

Appraising Change

Fall 2022

Climate change, shifting criteria, and growing complexity in assets are facilitating an evolution in commercial real estate valuation.

Read More

Investing in New Business

Fall 2022

By learning how to work with fiduciaries, who oversee more than $5 trillion in assets, commercial real estate professionals can access a healthy stream of revenue.

Read More

Ready Your Business for Recession

Fall 2022

While the market is unpredictable, preparations can and should be made for difficult economic times.

Read More