CCIM Feature

Deal Makers(11)

Office
J. Scott Adams, CCIM, and Anthony W. Smith, CCIM, both of CB Richard Ellis in Norfolk, Va., and a partner represented 100 Main Street LLC in the $50.5 million sale of a 225,237-sf office building in Norfolk to St. Joe Co. Adams also represented Sterling American in the $14.5 million sale of a 98,883-sf office building in Newport News, Va., to Columbia Equity Trust.

Barry Oaks, CCIM, of Cushman & Wakefield in Tampa, Fla., and two partners represented American Fund-OIK in the $49 million sale of the 255,000-sf Tampa Commons office building in Tampa to Wells REIT II, Tampa Commons LLC.

Patrick J. Richardson, CCIM, of Harry K. Moore Co./Colliers in Louisville, Ky., represented Leestown Partners Ltd. in the $35.8 million sale of two office buildings totaling 441,649 sf in Louisville to Sembler Frankfort LLC and Two-O-Third Aventura LLC.

« Robert Lowe, CCIM, (left) and Whit McCrary, CCIM, of Colliers Turley Martin Tucker in Brentwood, Tenn., represented Kirkland Properties LLC in the more than $18.5 million, 10-year lease of 107,705 sf of office space in Brentwood to Community Health Systems.

» William J. Novelli, CCIM, of CB Richard Ellis in Oak Brook, Ill., and a partner represented Glenborough Realty Trust in the $11.2 million sale of the 140,196-sf Embassy Plaza in Schaumburg, Ill., to Younan Properties.

« Neil E. Merin, CCIM, SIOR, of NAI/Merin Hunter Codman in West Palm Beach, Fla., represented WCI Communities in the $8.8 million sale of the 35,000-sf Riverwalk Center in Jupiter, Fla., to Capital Realty Investors LLC.

Brad Luger, CCIM, of Advantis Real Estate Services in Tampa, Fla., represented Coro Investments LLC in the $8.1 million sale of the 43,200-sf Palisades Park office building in Fort Myers, Fla., to Arcis Investments.

Jay R. Lucas, CCIM, of the Harry B. Lucas Co. in Carrollton, Texas, represented Graymont Partners Ltd. in the more than $7 million sale of the 129,146-sf Imperial Square five-building office complex in Irving, Texas, to a private investment group.

W. Erik Foster, CCIM, of Marcus & Millichap in Chicago brokered the $6.5 million sale of the 88,025-sf Willowbrook Executive Plaza in Willowbrook, Ill., from a private seller to Value Industrial Partners.

« Timothy C. Macker, CCIM, of Coldwell Banker Commercial in Los Angeles and a partner represented Little S.M. Holding LLC in the more than $5.6 million sale of an office building in Beverly Hills, Calif., to two private investors.

Retail
John M. Crossman, CCIM, of Crossman & Co. in Orlando, Fla., and a partner represented ITW Mortgage Investment IV in the $57 million sale of a 147,214-sf retail center in Lake Buena Vista, Fla., to TIAA-CREF.

Edward Hanley, CCIM, of Hanley Brown Group Real Estate Advisors in Irvine, Calif., and a partner represented the seller, HTMC Corona LLC, and the buyer, Main Street Corona LLC, in the $10.5 million sale of a 20,000-sf shopping center in Corona, Calif.

« Martin P. Forster, CCIM, of Pocklington, Pocklington and Forster Retail Investment Group in Orlando, Fla., represented International Promenade in the $8.5 million sale of the 35,309-sf International Promenade Shopping Center in Kissimmee, Fla., to a New Jersey-based private investment group.

Brad Luger, CCIM, of Advantis Real Estate Services in Tampa, Fla., and a partner represented Capital Realty Investors LLC in the more than $7.3 million sale of a 112,000-sf Black & Decker facility in Riverview, Fla., to EastGroup Properties. Luger and a partner also represented GCJ Associates LLC in the $4.1 million sale of a 20,250-sf retail property in Jacksonville, Fla., to DBSI-Discovery Real Estate Services.

» Troy A. Legge, CCIM, of Sperry Van Ness/Lighthouse Commercial Realty in Charlotte, N.C., represented Lynnhaven Retail Investors LLC in the more than $5.6 million sale of a 13,813-sf Eckerd Drug Store in Virginia Beach, Va., to S and H Co.

Rollin Caristianos, CCIM, SIOR, of Caristianos Commercial Realty in Little Rock, Ark., represented the seller, T.K. Arnold, and the buyer, Roach Limited Partnership No. 1, in the more than $4.4 million sale of the 28,000-sf Arcade Square Shopping Center and the 24,800-sf Macon Market Shopping Center both in Little Rock.

Land
Gary Sisler, CCIM, SIOR, of Sisler Realty Group in Coral Gables, Fla., represented Ciara Investments in the more than $44 million sale of 465 acres of land in Miami to Krome Gold Ranches LLLP.

Wayne D'Amico, CCIM, of Property Politics in Essex, Conn., represented Hackman Capital Partners LLC in the more than $33 million sale of 246 acres of land in Montville, Conn., to Mohegan Hill Development LLC.

« Mark Vellinga, CCIM, of Hegg Companies in Sioux Falls, S.D., represented Paripassu Development Corp. in the more than $6.8 million purchase of 230 acres of land in Sioux Falls from Candle Development LLC.

Duane Jones, CCIM, of Colliers Multifamily Advisory Group in Phoenix represented Mark Taylor Residential in the more than $6.6 million purchase of 6.5 acres of land in Scottsdale, Ariz., from Sentry Insurance.

Multifamily
Duane Jones, CCIM, of Colliers Multifamily Advisory Group in Phoenix represented Wilshire Enterprises in the more than $20.9 million sale of the 378-unit Biltmore Club Apartments in Phoenix to Gray Development Group.

« Casey Babb, CCIM, of Prudential CRES Commercial Real Estate in Tampa, Fla., and a partner represented G&A Development in the $16 million purchase of the 224-unit Bloomingdale Woods Apartments in Valrico, Fla., from BWP. Babb and a partner also represented G&A Development in the $12.5 million purchase of the 235-unit Laguna Vista Apartments in Largo, Fla., from Vista DeLagoa.

Lal Akatrai, CCIM, of HighMark Properties in Long Beach, Calif., represented a private investor in the $5.5 million purchase of the 43-unit Garden Court apartments in Long Beach from A-N Fund 119 LLC.

Kenneth C. Greene, CCIM, of Apartment Realty Advisors in Denver represented Asset Preservation in the more than $5.2 million sale of the 46-unit Ambassador House, the 46-unit Castlewood Apartments, the 49-unit Yampa Terrace apartments, and the 23-unit Sunrise Apartments in Colorado Springs, Colo., to a private investor.

Michael B. Drew, CCIM, and T. Scott Pollom, CCIM, of Colliers Turley Martin Tucker in Indianapolis represented GMAC Commercial Mortgage in the $3.4 million sale of the Brentwood Apartments in Indianapolis to Rich Family Trust and Frohn Living Trust.

Industrial
Edward L. Miller, CCIM, and Dolores S. Seymour, CCIM, of Colliers Arnold in Tampa, Fla., and a partner represented Charlotte-based Wachovia Bank in the $30 million sale of the 948,578-sf former Winn-Dixie distribution center in Sarasota, Fla., to Meridian Cos. and Hudson Realty Capital LLC.

Michael W. Bobick, CCIM, of Collegeville Development Group LLC in St. Cloud, Minn., represented Antioch Co. in the more than $4.5 million sale of a 160,000-sf industrial facility in St. Cloud to Cascade Development LLC.

Financing
Wilhelm O. Kreuzer, CCIM, of Tartan Realty Group in Chicago represented Winfield LLC in financing the more than $3.9 million, 10-year lease of 12,500 sf of space for Central DuPage Hospital in Winfield, Ill.

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