CCIM Feature

Deal Makers(36)

Office

BIG Deal

Marty Busekrus, CCIM, of NAI-Rauch, Weaver, Norfleet, Kurtz & Co. in Fort Lauderdale, Fla., negotiated the more than $8.7 million sale of a 30,000-sf office building in Coral Springs, Fla., from an undisclosed seller to an undisclosed buyer.

Scott Bazoian, CCIM, and James W. Mosby, CCIM, of Colliers Turley Martin Tucker in St. Louis and a partner represented Great American Insurance Co. in the $4.9 million, 10-year lease of 27,631 sf of office space in St. Louis to Special School District of St. Louis County.

William Scott Abernethy, CCIM, and Donald Murphy, CCIM, of Colliers Turley Martin Tucker in Cincinnati and a partner represented Alliance Data Systems in the $4.4 million, 10-year lease of 28,028 sf of office space in Cincinnati from Duke Realty.

Samuel Austin Walker IV, CCIM, of Sperry Van Ness/Whitney Commercial Real Estate in Asheville, N.C., represented Pisgah Legal Services in the $3.5 million purchase of a 13,722-sf office building in Asheville from an undisclosed seller.

Land

BIG Deal

Kevin Hodge, CCIM, of Rock Commercial Real Estate in York, Pa., represented Jackson Holdings LLC in the $15 million sale of 232 acres of land in York to First Industrial Realty Trust.

Cynthia R. Greenwell, CCIM, and Robin M. Kean, CCIM, of Kean Properties LLC in Kihei, Hawaii, represented SEG Kahului LLC in the more than $6.4 million purchase of 88,888 sf of land in Kahului, Hawaii, from an undisclosed seller.

David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negotiated the more than $5.8 million sale of 21.7 acres of land in Naples from Toll FL V Limited Partnership to Westbury Quail Gardens LLC.

Christopher B. Fraser, CCIM, of Grubb & Ellis/Barkley Fraser in Charleston, S.C., represented National Bank of South Carolina in the $4.1 million purchase of 5.3 acres of land in Mount Pleasant, S.C., from Hipp Properties.

Fred Kermani, CCIM, of CB Richard Ellis in Naples, Fla., represented Palm Springs LLC in the more than $3.4 million sale of 10.7 acres of land in Naples to Sarencino LLC.

Multifamily

T. Scott Pollom, CCIM, of Colliers Turley Martin Tucker in Indianapolis and a partner represented Robert L. Jarrett LLC in the $6.4 million sale of the 192-unit Woodbridge Place Apartments in Evansville, Ind., to a private investor.

Retail

BIG Deal

Chester Brown III, CCIM, of Brown Investment Properties in Greensboro, N.C., represented R.L. Kern Properties LLC and Kern Properties LLC in the $19.5 million purchase of a 94,000-sf retail center in Greensboro from an undisclosed seller.

Sam S. Manoukian, CCIM, of Re/Max Optima in Glendale, Calif., negotiated the $15.5 million sale of the 2.2-acre Foothill Nissan dealership in Glendale, Calif., from La Crescenta Investments to a private investor.

Edward Hanley, CCIM, of Hanley Investment Group in Irvine, Calif., negotiated the $15 million sale of a 64,084-sf shopping center in National City, Calif., from National Properties VII LLC to a private investor.

Banks A. Hunter, CCIM, of Hunter and Associates LLC in Raleigh, N.C., negotiated the more than $12.8 million sale of a 60,529-sf shopping center in Raleigh from EIG Creekside LLC to Greenway Creekside LLC.

Arthur Stuart Nachman, CCIM, of Calkain Cos. in Reston, Va., represented a private investor in the $7.2 million purchase of a 14,820-sf retail property in Winchester, Va., from Spectrum Development LLC. He also represented a private investor in the $3.2 million purchase of a 4,500-sf retail property in Gastonia, N.C., from an undisclosed seller.

Thomas Patrick Murray, CCIM, of Real Estate Investment Team in Fayetteville, N.C., represented an undisclosed lessee in the more than $6 million, 9-year lease of a 21,171-sf retail property in Greensboro, N.C., from an undisclosed lessor.

David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negotiated the $5 million sale of a 25,068-sf retail building in Marco Island, Fla., from Sunnyside Ventures to Stephen J. Lockwood & Co. LLC.

Robert W. Taylor Jr., CCIM, of Colliers International in Cincinnati and a partner represented JRAN Co. of Valparaiso in the more than $3.5 million sale of a 24,049-sf retail property in Valparaiso, Ind., to Brauvin Net Lease LLC.

Hamid Ghaemmaghami, CCIM, of the City of Oakland in Oakland, Calif., represented the City of Oakland in the $3 million, 20-year lease of a 9,200-sf retail property in Oakland to Chalet Management LLC.

Financing

Michael Stockton, CCIM, of Horizon Mortgage Co. in Sarasota, Fla., arranged the $20 million refinancing of a three Holiday Inn hotels totaling 432 units in Auburn, Oneonta, and Waterloo, N.Y., for an undisclosed owner.

Mixed-Use

Cynthia R. Greenwell, CCIM, and Robin M. Kean, CCIM, of Kean Properties LLC in Kihei, Hawaii, represented Baseyards 13 LLC in the more than $3.8 million, 10-year lease of a 21,000-sf mixed-use facility in Waikapu, Hawaii, to the Maui County Fire Department.

Industrial

BIG Deal

Richard A. Brugge Jr., CCIM, of Cushman & Wakefield in Tampa, Fla., and three partners represented Lund Capital Group in the $31 million sale of a 252,422-sf industrial portfolio in Naples, Fla., to the Adler Group. Brugge and two partners also represented EastGroup TRS in the more than $5.9 million sale of a 128,000-sf warehouse/ distribution building in Tampa to S&K Properties. Brugge and two partners also represented Continental Business Development in the more than $3.5 million sale of a 42,250-sf industrial building in Clearwater, Fla., to Cabot Properties.

Terry E. Smith, CCIM, of NAI in Nashville, Tenn., represented Baldor Electric in the more than $30 million sale of a 671,000-sf distribution center in Cookeville, Tenn., to Crossville Acquisitions.

George L. Renz, CCIM, of Renz & Renz Real Estate Brokerage in Gilroy, Calif., represented Cleghorn Bar Enterprises LLC in the more than $8.9 million sale of a 103,000-sf manufacturing facility in Morgan Hill, Calif., to Scianna LLC.

Terence P. Coyne, CCIM, of Grubb & Ellis in Cleveland represented Masco Corp. in the more than $4.6 million sale of a 447,774-sf industrial facility in Loudonville, Ohio, to Loudonville Realty LLC.

Specialty

Marc A. Boorstein, CCIM, of MJ Partners Real Estate Services in Chicago and a partner represented both parties in the $6.8 million sale of the 57,310-sf Desert Country Club Storage facility in Palm Desert, Calif., from MJ Partners Self Storage Group to Equity Based Services. Boorstein and a partner also negotiated the $6.5 million sale of the 72,210-sf Green Bay Avenue Self Storage facility in Milwaukee from an undisclosed seller to Crescendo Properties.

Hospitality

Samuel S. Fung, CCIM, of Oregon Commercial LLC in Medford, Ore., negotiated the more than $6.1 million sale of a 63-room Holiday Inn Express in Medford from Sonmar Hotels of Medford LLC to Mehta Inns LLC.

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