CCIM Feature

Deal Makers(16)

Multifamily

Tim Ernst, CCIM, of Terra Marketing in Phoenix represented a private investor in the more than $16.5 million purchase of the 402-unit Falcon Glen Apartments in Mesa, Ariz., from FSM Falcon Glen LP. He also represented a private investor in the $8.1 million purchase of the 185-unit Evergreen Apartments in Phoenix from OCA Holdings LLC.

Garry Cuff, CCIM, of NAI Horizon in Las Vegas and a partner represented John Franks in the $15.9 million sale of the 307-unit Courtyard Village apartments in Las Vegas to Melroy Investments. He and a partner also represented the buyer, John Franks, and the seller, S&H Realty, in the $5 million sale of the 92-unit Nottingham Gardens apartments in Las Vegas.

Bruce F. Hester, CCIM, of Colliers International in Sacramento, Calif., represented the seller, Sutter Ridge, and the buyer, Meagher Family Trust, in the $14.5 million sale of the 152-unit Sutter Ridge Apartments in Rocklin, Calif.

Darrell H. Johnson, CCIM, of Smith Equities Corp. in Orlando, Fla., and a partner, brokered the more than $4.5 million sale of the 184-unit Outrigger Apartments from Outrigger Partners Ltd. to Creative Choice Homes XXXV Ltd.

Retail

« David M. Kaufman, CCIM, of DK Realty Partners LLC in Schaumburg, Ill., was the sole broker in the more than $14.3 million sale of the 90,000-sf Rockford Crossing Shopping Center in Rockford, Ill., from Halyard Group LLC to Kimco Realty. Kaufman also was the sole broker in the $11.2 million sale of Green Oaks Shopping Center in Oak Lawn, Ill., to a private investor.

Les Birbaum, CCIM, of Apex Commercial in Brookfield, Wis., represented Continental 61 Fund LLC in the more than $10.8 million sale of a 104,000-sf retail center in Grand Chute, Wis., to Investec LLC.

« Ann B. MacAffer, CCIM, of CB Richard Ellis in Albany, N.Y., and a partner brokered the $6.2 million sale of the 138,000-sf Glenmont Shopping Center in Glenmont, N.Y., from Lennar Partners to Benderson Development.

Michael K. Houge, CCIM, SIOR, Keith A. Sturm, CCIM, and Deborah K. Vannelli, CCIM, of the Upland Real Estate Group in Minneapolis represented both parties in the $5.8 million sale of a 14,490-sf Walgreens in Claremore, Okla. The trio also represented private investors in the $4.7 million sale of a 14,820-sf Walgreens in Sioux Falls, S.D.

» Thomas S. Vincent, CCIM, of Sperry Van Ness/Sentinel Realty in Rolling Meadows, Ill., represented Real Estate St. Charles LLC in the more than $5.8 million sale of the 16,182-sf Randall & Bricher retail center in St. Charles, Ill. He also represented a private investor in the $4.2 million purchase of the 24,340-sf Champaign Town Center in Champaign, Ill.

James Barnett, CCIM, of Barnett Commercial Realty Inc. in Martinsville, Va., represented Rebkee Partnership in the $5.8 million sale of the 48,000-sf Brookdale Crossings Shopping Center to a local partnership.

Industrial

W. Erik Foster, CCIM, of Marcus & Millichap in Chicago represented WP Carey in the $11.4 million sale of the Bell Sports facility in Rantoul, Ill., to a private buyer.

Kenneth R. Braden, CCIM, SIOR, of the James T. Barry Co./Colliers International in Milwaukee represented First Industrial Realty Trust in the more than $10 million purchase of a 217,680-sf industrial building in New Berlin, Wis., from the California State Teachers' Retirement System.

Elliot M. Ross, CCIM, of Ross Realty Group in Clearwater, Fla., represented Bayside Industrial Park LLC in the more than $4 million purchase of seven industrial buildings in Clearwater from Dynamic Investments Inc.

Joanne M. Stevens, CCIM, of NAI Iowa Realty Commercial in Cedar Rapids, Iowa, represented VMCCPROP LC, in the $3.5 million sale of a 60,000-sf industrial building in Cedar Rapids to Darin Garman, CCIM, also of NAI Iowa Realty Commercial.

R.J. Neary, CCIM, SIOR, of Investors Realty in Omaha, Neb., represented Beebe & Runyan LLC in the $3.2 million sale of a 208,000-sf warehouse in Omaha to Boca Development.

Office

Elliot M. Ross, CCIM, of Ross Realty Group in Clearwater, Fla., and a partner represented G&B Properties in the more than $6.2 million sale of the 125,116-sf Pinellas Expo Center in Clearwater to Rolling Frito-Lay Sales LP.

Judi A. Woodyard, CCIM, of Commercial Associates in Las Vegas represented Southern Nevada Water Authority in the $96 million 20-year lease of a 129,375-sf office building in Las Vegas to Parkway Center LLC/Molasky Cos.

Ann B. MacAffer, CCIM, of CB Richard Ellis in Albany, N.Y., represented Vulcan Investors in the more than $4.2 million sale of a 51,365-sf office building in Albany to Timothy R. Conley and Partners.

Frank T. Smith, CCIM, CPM, of Summit Management and Realty Co. in Allentown, Pa., represented the buyer and seller, both local investors, in the nearly $3.3 million sale of the 20,270-sf Saucon Creek Business Center in Lehigh County, Pa.

Land

William G. Barnett, CCIM, of Commonwealth Commercial Partners in Richmond, Va., represented the James Doran Co. in the $9 million purchase of 35 acres of land in Richmond from multiple sellers.

Paul W. Burke, CCIM, of Grubb & Ellis in Southfield, Mich., represented both the seller, I-69/M-24 LP, and the buyer, JPT Acquisitions, in the $6 million sale of 228 acres in Lapeer County, Mich.

William Hugron, CCIM, of Charles Dunn Co. in Huntington Beach, Calif., represented the sellers, two private investors, and the buyer, Victoria Homes, in the nearly $4.5 million sale of 80 acres of land in Victorville, Calif. He and two partners also represented Victoria Homes in the $3.2 million purchase of 60 acres of vacant land in Victorville from MJJ Investment Co.

» Steve Farrell, CCIM, (left) and » Timothy M. Kerrigan, CCIM, of Investors Realty in Omaha, Neb., co-brokered the $4.4 million sale of 162.3 acres of land in Omaha to Standing Stone LLC from Gottsch Family Farms.

Ted Thoms, CCIM, of Thoms Co. Real Estate in Sioux Falls, S.D., represented himself inthe $3.7 million sale of 140 acres of land in Sioux Falls to Signature Homes and LKT Development LLC.

« Michael W. Bobick, CCIM, of INH Commercial Brokerage Inc. in St. Cloud, Minn., represented Donlar Profit Sharing Trust in the $3.2 million sale of 35 acres of land in Sauk Rapids, Minn., to DMH Partners North.

Specialty

» Marc A. Boorstein, CCIM, of MJ Partners Real Estate Services in Chicago represented the seller, Navigator Development, and the buyer, Public Storage, in the $6.2 million sale of Oak Lawn Self Storage in Oak Lawn, Ill.

Joanne M. Stevens, CCIM, of NAI Iowa Realty Commercial in Cedar Rapids, Iowa, represented the buyer, Follett Investment Co. of Sacramento, Calif., and the seller, VMCCPROP LC, in the $5.3 million sale of South View Estates Mobile Home Park in Waterloo, Iowa.

Hospitality

« Gordon J. Greene, CCIM, of TCN Chartwell Group Commercial Real Estate in Cleveland, represented Woodlawn Hotel Associates LLC in the more than $6.8 million sale of the 132-room Morgan Hotel and Suites in Charlotte, N.C., to Omnivita Hospitality in Chicago.

Brandt Niehaus, CCIM, of Huff, Niehaus, & Associates in Louisville, Ky., was the sole broker in the $4.9 million sale of the Holiday Inn Express I-265 East in Louisville from Westport Hospitality LLC to Hemish LLC.

Mixed-Use

Edward A. Kearney, CCIM, of Sperry Van Ness in West Palm Beach, Fla., represented Chase Scotmartin Corp. in the more than $3.7 million sale of the 18,990-sf Jupiter Bay Plaza, a two-building retail/office center in Jupiter, Fla., to Jupiter Bay Holding LLC.

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