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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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.