The BIGGEST Deal
Ian M. Grusd, CCIM, of Sperry Van Ness/Richter Grusd in Iselin, N.J., represented the Cerebral Palsy League in the 50-year, $23.2 million lease of a 36,500-sf office building in Cranford, N.J., from Murray Construction.
Maggie Nigro, CCIM, and Jerry A. Williams Jr., CCIM, of Grubb & Ellis Co. in San Antonio represented Concorde Center Colleges in the 15-year, more than $10 million lease of 43,852 sf of office space in San Antonio from Koll Bren Fund V LP.
William Scott Abernethy, CCIM, and Donald Murphy, CCIM, of Colliers Turley Martin Tucker in Cincinnati and a partner represented Astar Air Cargo in the more than 5-year, $4.2 million lease of a 34,020-sf office space in Florence, Ky., from Cabot Turfway Ridge Lease Co.
Stephen R. Mills, CCIM, of Bear Realty in Kenosha, Wis., negotiated the 10-year, $4.2 million lease of 22,000 sf of office space in Kenosha from Roseville Ventures LLC to Concordia University.
Charles J. Mitchell Jr., CCIM, of First Capital Property Group in Orlando, Fla., represented OfficeCo LLC in the more than $2.3 million purchase of a 21,234-sf office building in Altamonte Springs, Fla., from an undisclosed seller.
Suzanne Dimmel, CCIM, and D. Michael Posten, CCIM, of Colliers Turley Martin Tucker in Kansas City, Mo., and a partner represented Hilco Associates in the $2.1 million sale of a 35,133-sf office building in Kansas City to the Jackson County Board of Services. Posten also represented Indian Creek Executive Center in the $1.1 million sale of a 5,468-sf office condominium in Overland Park, Kan., to the Association of College Business
Schools and Programs.
Scott Bazoian, CCIM, and James W. Mosby, CCIM, of Colliers Turley Martin Tucker in St. Louis and a partner represented Rose International in the 5-year, more than $1.9 million lease of 18,312 sf of office space in St. Louis from Sachs Properties. Bazoian, Mosby, and three partners also negotiated the 8-year, more than $1.8 million lease of 12,443 sf of office space in St. Louis from Koman Group to the Visiting Nurse Association.
Trevor Davis Jr., CCIM, of Trevor Davis Commercial Real Estate LLC in Middletown, Conn., represented Choice, a division of the American Library Association, in the $1.8 million purchase of a 7,635-sf office condominium in Middletown from Harding Development Group.
Jeffrey Eales, CCIM, of Birtcher Anderson Properties in San Juan Capistrano, Calif., represented TC3 Health in the 5-year, $1.2 million lease of 10,342 sf of office space in Irvine, Calif., from CIP Centerpointe 123 LLC.
Harry W. Champ, CCIM, and Dennis M. Sargent Jr., CCIM, of Coldwell Banker Commercial NRT in Maitland, Fla., Michael E. Milano, CCIM, of Colliers Arnold in Clearwater, Fla., and Cynthia C. Shelton, CCIM, of Colliers International in Orlando, Fla., negotiated the more than $4.8 million sale of a 18,900-sf shopping center in Plant City, Fla., from an undisclosed seller to Ovation Properties.
David Lipp, CCIM, of Grubb & Ellis in Las Vegas represented S.L. Investments in the 20-year, more than $3.2 million lease of 3,198 sf of retail space in Las Vegas from Lake Mead Crossing LLC.
Matthew Stephen Klein, CCIM, of Colliers Turley Martin Tucker in Minneapolis and two partners represented an undisclosed seller in the more than $3.1 million sale of a three-building retail portfolio totaling 25,509 sf in Apple Valley, Minn., to Baceline Investments LLC.
John W. Trost, CCIM, of Prudential Commercial Real Estate Florida in Daytona Beach, Fla., represented an undisclosed buyer in the $2.9 million purchase of 7,475 sf of retail space in Miami Gardens, Fla., from an undisclosed seller. Trost also represented the undisclosed buyer in the more than $1.7 million purchase of a 5,400-sf retail property in Miami Gardens from an undisclosed seller.
Kipp Gstettenbauer, CCIM, of Cushman & Wakefield in San Diego, Calif., represented SD Solariums LLC in the 10-year, more than $1.2 million lease of 2,984 sf of retail space in San Diego from Mission Valley Shopping Town LLC.
Cynthia Ellison, CCIM, and Jerry A. Williams Jr., CCIM, of Grubb & Ellis Co. in San Antonio represented Firstmark Credit Union in the 10-year, more than $1 million lease of 3,500 sf of retail space in University Heights, Texas, from Heights Retail Ltd.
Suni Karim, CCIM, of SK Properties Group LLC in Chicago represented JDB Development LLC in the 3-year, more than $340,000 lease of 9,943 sf of retail space in Chicago to Recovery Cafe.
Thomas S. Vincent, CCIM, of Sperry Van Ness/Sentinel Realty Advisors in Rolling Meadows, Ill., represented a private investor in the more than $8.6 million purchase of a 45,000-sf industrial property in Chattanooga, Tenn., from an undisclosed seller.
Duane Poppe, CCIM, of Colliers Turley Martin Tucker in Minneapolis and three partners represented Duke Realty LP in the more than 2-year, more than $5.6 million lease of 120,048 sf of industrial space in Brooklyn Park, Minn., to Graybar Electric Co. Poppe and three partners also represented AMB in the more than 2-year, more than $1.6 million lease of 61,102 sf of industrial space in Rogers, Minn., to Blue Dot Design & Manufacturing.
Terry A. Stieve, CCIM, of Colliers Turley Martin Tucker in St. Louis and a partner represented Duke Realty LP in the 5-year, $2.8 million lease of 74,400 sf of industrial space in Earth City, Mo., to Trane U.S.
Daniel P. Poulin, CCIM, of Sealy & Co. in Metairie, La., represented Sealy BRNO Properties LLC in the $2.3 million sale of a 42,378-sf industrial property in Baton Rouge, La., to Rathborne Properties LLC.
Casey Babb, CCIM, and William J. Renje Jr., CCIM, of NAI Tampa Bay in Tampa, Fla., represented Sage Partners in the $6.8 million purchase of a 188-unit apartment complex in St. Petersburg, Fla., from Demetree Brothers.
John W. Trost, CCIM, of Prudential Commercial Real Estate Florida in Daytona Beach, Fla., represented Georgetown Lakes Investors LLC in the $3 million sale of a 109-unit multifamily property in Daytona Beach, Fla., to an undisclosed buyer.
Ryan Myers, CCIM, of Rock Commercial Real Estate LLC in York, Pa., represented Royal Farms in the more than $1.1 million purchase of a 23,124-sf hospitality property in Hanover, Pa., from an undisclosed seller.
Matthew D. Greer, CCIM, of Capmark Finance in Austin, Texas, arranged the more than $7.7 million financing of a 112-unit apartment complex in Austin for Rolling Cash Opportunity Fund LLC.
David Larsen, CCIM, of Bank of Oklahoma in Tulsa, Okla., arranged the $7.2 million financing of a 189,000-sf industrial portfolio in Tulsa for an undisclosed buyer. Larsen also arranged the $2.8 million financing of a 14,490-sf retail property in Little Rock, Ark., for an undisclosed buyer.
David F. DeVaney, CCIM, of NAI Charter Real Estate Corp. in Chattanooga, Tenn., negotiated the $5.5 million sale of 8.9 acres of land in Chattanooga from UPS to CarMax.
Edward Hanley, CCIM, of Hanley Investment Group, Irvine, Calif., and a partner represented HEC-Orangecrest LLC in the more than $2.4 million sale of 1.4 acres of land in Riverside, Calif., to Third Street Plaza LLC.