CCIM Feature

Deal Makers(39)

Retail
Brad Luger, CCIM, of GVA Advantis in Tampa, Fla., and a partner represented RAM LAF Oviedo LLC in the more than $16.7 million sale of the 64,587-sf Town Center Shoppes in Oviedo, Fla., from Gemini Town Center H and S LLC. Luger and a partner also represented Lexington Place LLC in the more than $7.9 million sale of the 60,933-sf Lexington Place Shopping Center in Lexington, S.C., to Maxxam Properties LLC.

Edward Hanley, CCIM, of the Hanley Brown Group in Irvine, Calif., represented the seller, Passco Real Estate Enterprises, and the buyer, a private family trust, in the more than $12.2 million sale of a 90,269-sf shopping center in San Bernardino County, Calif. Hanley also represented the seller, Santa Fe Crossroads, and the buyer, a private investor, in the more than $3.7 million sale of a 19,730-sf retail center in San Diego County, Calif.

Allen C. McDonald, CCIM, of Baker Storey McDonald Properties in Nashville, Tenn., represented BSM Investments LLC in the $12.1 million sale of the 95,000-sf Columbia MarketPlace in Columbia, Tenn., to Columbia Investors LLC.

Michael K. Houge, CCIM, SIOR, and Keith A. Sturm, CCIM, of Upland Real Estate Group in Minneapolis and a partner represented a private investor in the $9.8 million sale of an 88,488-sf Kohl's Department Store in Wadsworth, Ohio, to a private investor in a 1031 exchange. Houge, Sturm, and a partner also represented a private investor in the $3.3 million sale of a 4,376-sf Arby's and a 3,500-sf Arby's in Minneapolis to two private investors.

R. Craig Finfrock, CCIM, of Commercial Retail Advisors LLC in Tucson, Ariz., represented 3838 Oracle Plaza Joint Venture LLC in the more than $9.6 million purchase of the 82,000-sf Office Max Plaza in Tucson from Sullivan Lumberyard and Sullivan Family Trust.

« Dan S. Martin, CCIM, of Sperry Van Ness in Arlington Heights, Ill., and a partner represented the seller, RMS Properties II LLC, and the buyer, GRP Greenfield LLC, in the more than $5.1 million sale of a 56,785-sf Value City Furniture Store in Greenfield, Wis.

David J. Stevens, CCIM, of Investment Properties Corp. of Naples in Naples, Fla., negotiated the more than $3.6 million sale of a 7,043-sf restaurant building in Bonita Springs, Fla., from Karakosta Investments to Joseph Boulous. Stevens also negotiated the more than $3.3 million sale of a 29,262-sf retail strip center in Naples from John T. Conroy Jr. to James Shucart.

Office
James W. Mosby, CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis and two partners represented Pierre Laclede LLC in the $18.4 million, 136-month lease of 71,477 sf of office space in St. Louis to RehabCare Group.

Steve Poole, CCIM, of Grubb & Ellis in Denver represented the seller, Canyon State Oil Co., and the buyer, Sovereign Investment Co. of San Francisco, in the $16.7 million sale of a seven-property portfolio totaling nearly 160,000-sf. The properties are located in Denver, Las Vegas, El Paso, Texas, Phoenix, and Albuquerque, N.M.

Colin Fox, CCIM, of Colin Fox & Associates LLC in Houston represented Bay Area Blvd. Ltd. in the more than $11.7 million sale of a 115,297-sf office building in Houston to Metro Clear Lake Office Partners LLC.

Jeff Wilke, CCIM, SIOR, of Graham & Co. LLC in Huntsville, Ala., represented Madison Twenty LLC in the more than $9.2 million sale of a 133,748-sf office complex in Huntsville to RPD Catalyst. Wilke and Bart K. Smith, CCIM, also of Graham & Co. represented 124 Jetplex LLC in the more than $6.4 million sale of a 60,000-sf office building in Huntsville to a local private investor.

Darrin L. Boyd, CCIM, SIOR, and David A. Moore, CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis represented BREOF Castleton Park REO LLC in the $8.9 million, 3.5-year lease of a 183,893-sf office space in Indianapolis to AdminaStar.

Robert J. King, CCIM, of R.J. King & Associates in Tampa, Fla., represented Rivergate LLC in the $8 million sale of the 87,000-sf Rivergate Commons office park in Tampa to Regional Finance Co.

Judy J. Hatfield, CCIM, of Equity Commercial Realty LLC in Norman, Okla., represented NP Property One LLC in the $7.8 million sale of a 65,000-sf office building in Norman to Chickasaw Nation Industries.

Timothy R. Conley, CCIM, Harry D. Hotaling, CCIM, and Eric Simonds, CCIM, of Conley Realty Associates in Albany, N.Y., represented the Research Foundation of the State University of New York, in the more than $7.6 million, 7.5-year lease of a 57,033-sf office building in Albany from Keybank.

« Daniel P. Lincoln, CCIM, of The Lincoln Group in Eagan, Minn., represented Manley Commercial in the more than $5.7 million sale of a 37,209-sf office building in Eagan to Brookings Associates.

» David A. Kelpe, CCIM, of Colliers Turley Martin Tucker in St. Louis, J.M. Statter, CCIM, of Colliers Turley Martin Tucker in St. Charles, Mo., and two partners represented Advanced LipoDissolve Center in the more than $5 million, 7.5-year sublease of 79,200 sf of office space in St. Louis from Spectrum Brands.

« H.P. Smith, CCIM, of Gibson Smith Realty Co. in Charlotte, N.C., represented Crescent Resources in the more than $4.8 million sale of a 78,736-sf office-flex building in Charlotte to Nationsford Charlotte LLC.

« Robert Lowe, CCIM, and «Whit McCrary, CCIM, of Colliers Turley Martin Tucker in Brentwood, Tenn., represented SVF Highland Ridge LLC and HR Nash LLC, in the more than $4.1 million, 129-month lease of 21,436 sf of office space in Nashville to CERES Terminals.

W. Erik Foster, CCIM, of Marcus & Millichap in Chicago and a partner brokered the $4 million sale of a 46,000-sf office building in Milwaukee between two private investors.

Mark Jeffrey Howe, CCIM, of Coldwell Banker Commercial Trademark Properties in Raleigh, N.C., represented Yonkers & Williams Properties in the more than $3.6 million sale of two office buildings totaling 88,000 sf in Raleigh to LDS Wilmington.

Frank T. Smith, CCIM, of Summit Management & Realty Co. in Allentown, Pa., represented the seller and the buyer, both private investors, in the $3.3 million sale of 18,000 sf of professional medical office space in Laurys Station, Pa.

James McCaffrey, CCIM, William Kenneth Melin, CCIM, of Colliers Turley Martin Tucker in Minneapolis, and James R. Rock, CCIM, of Northstar Partners in Minneapolis represented Anchor Bank Heritage in the more than $3 million sale of the 21,998-sf Boulevard Market building in Brooklyn Center, Minn., to Yong Kim. Along with Bradford J. Pfaff, CCIM, also of CTMT in Minneapolis, Melin and Rock represented Commercial Property Development Corp. in the more than $3 million sale of the 11,680-sf Centennial Ridge building in Eagan, Minn., to Wallis & Wallis LLC.

Industrial
Mark B. Goode, CCIM, SIOR, of Venture One Real Estate LLC in Riverwoods, Ill., and a partner represented American Asset Corp. in the $26 million sale of a two-building, 204,800-sf industrial portfolio in Charlotte, N.C., to Fort Properties. Goode and a partner also represented First Industrial Realty Trust in the more than $21.4 million sale of a 10-building, 737,041-sf industrial portfolio in Perrysburg, Ohio, to a private investment group represented by Harlan E. Reichle, CCIM, SIOR, of CB Richard Ellis Reichle Klein in Maumee, Ohio.

Jeffrey R. Bender, CCIM, SIOR, James P. O'Connell, CCIM, and Thomas M. Powers, CCIM, SIOR, all of Colliers Turley Martin Tucker in Cincinnati and three partners represented First Industrial Realty Trust in the more than $16.3 million sale of a 755,800-sf industrial building in Columbus, Ohio, to Newkirk Realty. Bender, O'Connell, and Powers along with two partners represented Industrial Realty Group in the $4.5 million sale of a 361,352-sf industrial facility in Florence, Ky., to Kiswel USA.

Whitney E. Kerr, CCIM, of Colliers Turley Martin Tucker in Kansas City, Mo., and Terry A. Stieve, CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis negotiated the $7.3 million, seven-year lease of 382,000 sf of industrial space in Kansas City from 540 Westport Associates to Excelligence.

« E ric V. Cooper, CCIM, SIOR, of Southpace Properties in Birmingham, Ala., represented the seller, 4757 128th Ave. LC, and the buyer, Stag II Holland LLC, in the $5.7 million sale of the 195,000-sf JB Laboratories industrial building in Holland, Mich.

J. Jeffrey Castell, CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis represented the Warehouse of Lafayette LLC in the $4.5 million purchase of a 210,000-sf warehouse in Indianapolis from Becknell Investors LLC.

Terence P. Coyne, CCIM, of Grubb & Ellis in Cleveland represented the seller, BlackRock Realty, and the buyer, JDI Aerospace, in the $4.3 million sale of a 302,000-sf industrial building in Aurora, Ohio. He also represented Newell Rubbermaid in the $3.5 million sale of the 283,300-sf former Newell Rubbermaid injection-molding plant in Canton, Ohio, to Insite Real Estate Investments LLC.

Charley F. Conrad, CCIM, of Olive Real Estate Group in Colorado Springs, Colo., negotiated the $3.3 million sale of a 61,400-sf industrial distribution facility in Colorado Springs from Oxford Building Co. to 4650 Forge Road LLC.

Dennis L. McClinton, CCIM, of Colliers Turley Martin Tucker in Minneapolis and Christopher J. Pendroy, CCIM, of Iowa Realty Commercial/Corfac International in West Des Moines, Iowa, represented NexNet Wireless in the $3.3 million, seven-year lease of 52,360 sf of industrial space in Burnsville, Minn., to EFH Properties.

R.C. Myles, CCIM, SIOR, of Fuller & Co. in Denver and a partner represented Highland Properties 8406 LLC in the $3.3 million sale of a 54,000-sf industrial building in Englewood, Colo., from 4460 South Windermere LLC.

Specialty
« Marc A. Boorstein, CCIM, SIOR, of MJ Partners Real Estate Services in Chicago represented LifeStorage LLC in the more than $52.5 million sale of six self-storage facilities totaling 441,221 sf with 3,854 storage units and the 319-unit Sauk Trail Storage facility totaling 61,800 sf from Simply Self Storage. The facilities are located in Chicago, Elgin, Ill., Algonquin, Ill., Carpentersville, Ill., Markham, Ill., and Matteson, Ill. Sauk Trail is located in South Chicago Heights, Ill.

Financing
Kevin Jenkins, CCIM, of NorthMarq Capital in Charlotte, N.C., represented AK Investment Properties in the financing of more than $3.7 million for the 184-unit Fern Forest multifamily property in Gastonia, N.C., from CIBC World Markets.

Land
David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negotiated the $21.5 million sale of a 17.56-acre land parcel in Naples from CDN Properties LLC and Richard Craig and Frances Craig to Vernon O. Ray. Stevens also negotiated the more than $5.8 million sale of a 6.61-acre land parcel in Naples from Airport Road LP to Oakridge Development Co.

Jose Javier Ortiz del Valle, CCIM, of ODV Real Estate in San Juan, Puerto Rico, represented AH Development in the more than $17 million sale of 31 acres of land in San Juan to Desarrollos Urbanos.

Kane Morris-Webster, CCIM, of Colliers Arnold in Orlando, Fla., and two partners represented Duke Realty Corp. in the $4.9 million sale of 12 acres of land in Titusville, Fla., to Target Corp.

William A. Eshenbaugh, CCIM, of the Eshenbaugh Land Co. in Tampa, Fla., represented Arena Holdings LLC in the $3.5 million sale of a 25,000-sf land parcel in Tampa to Cornerstone.

Mark Jeffrey Howe, CCIM, of Coldwell Banker Commercial Trademark Properties in Raleigh, N.C., represented Forestville Partners LLC in the more than $3.2 million purchase of 128 acres of land in Raleigh from Water Tower LLC.

Multifamily
Raymond J. Case, CCIM, of Coldwell Banker Commercial Atlantic International in North Charleston, S.C., represented City View River Oaks 360 Limited Partners in the $48 million purchase of the 360-unit River Oaks Apartments in Mount Pleasant, S.C., from Steve Walsh of Broad Street Partners.

Michael B. Drew, CCIM, of Colliers Turley Martin Tucker in Indianapolis represented Wayne R. Nelson in the more than $37.4 million sale of the 348-unit Northlake Apartments, the 267-unit Mission Hills Apartments, and the 180-unit Jamestown Apartments all located in Indianapolis to McCann Realty Partners.

« Ted Bailey, CCIM, of the Multifamily Group LLC in Little Rock, Ark., and a partner represented Embrey Partners in the more than $24.2 million sale of the 260-unit Stonebridge at the Ranch in Little Rock to a private investor.

P atrick Doyle, CCIM, of Hendricks & Partners in San Diego and two partners negotiated the $16 million sale of the 124-unit Mesa Gardens in Vista, Calif., from Ragner Arestad to Pacific Development Partners LLC.

Gary Cuff, CCIM, of NAI Horizon in Las Vegas and a partner represented the Shuff Family Trust in the more than $9.2 million sale of the 126-unit LaRochelle apartments in Las Vegas to Eagle Investments.

Kenneth C. Greene, CCIM, of Apartment Realty Advisors in Denver and a partner represented Sullivan Communities in the $8.5 million purchase of the 200-unit Palmer Park Gardens in Colorado Springs, Colo., from a private investor.