CCIM Feature
February 2004 Online Deal Makers
Industrial
Geoffrey S. Hill, CCIM, SIOR, and Jon G. Savoy,
CCIM, GRI, SIOR, of Grubb & Ellis in Southfield, Mich., were the
sole brokers in the more than $2.3 million sale of a 151,210-sf
industrial property in Northfield Township, Mich., from Royal Neighbors
of America to Whitmore Lake Partners LLC.
Terry A. Stieve,
CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis represented
Madison Warehouse Corp. in a more than $2.2 million, 142,500-sf
industrial lease to Wainwright Industries.
J. Jeff Castell,
CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis
represented RXI Plastics/Silgan in a nearly $2 million, 105,695-sf
industrial lease from Opus North Corp.
Stan Mullin Jr.,
CCIM, SIOR, of Grubb & Ellis in Newport Beach, Calif., represented
Goddard JP/PI LLC in the more than $1.7 million sale of an 8,992-sf
industrial building in Irvine Spectrum, Calif., to Express Systems.
R.C. Myles,
CCIM, SIOR, of Fuller and Co. in Denver and a partner represented
Stephen D. Tebo in the nearly $1.7 million sale of a 42,010-sf
industrial building in Denver to Jama Corp. Private Ltd.
Bryan W. Poynter,
CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis
represented Waste Reduction in a more than $1.6 million, 39,981-sf
industrial lease from Duke Realty Corp.
Geoffrey S. Hill,
CCIM SIOR, of Grubb & Ellis in Southfield, Mich., represented
Richelieu in a nearly $1.4 million, 35,188-sf industrial lease in
Sterling Heights, Mich., from Garland Commons LLC.
Thomas M. McCormick, CCIM, SIOR, and Bernard McNab,
CCIM, of Colliers Turley Martin Tucker in Cincinnati represented Flavor
Systems in the more than $1.2 million purchase of a 40,190-sf
industrial building from Janick LLC, represented by David Noonan, CCIM, SIOR, also of Colliers.
John V. Propp,
CCIM, of Propp Property in Denver represented the Pueblo Bank and Trust
Co. in the $1.2 million sale of a more than 38,000-sf industrial
warehouse complex to Lion's Song LLC.
Hospitality
Greg Meinhold,
CCIM, of Hospitality Specialist in Everett, Wash., represented Anish
Prakash in the $3 million purchase of a 118-unit Comfort Inn in Federal
Way, Wash., from Venture Bank.
Multifamily
Robert E. Smith,
CCIM, of Smith Equities Corp. in Orlando, Fla., represented Atlantic
Resources A-Woodcrest in the more than $1.8 million sale of the 62-unit
Woodcrest Apartments in Bradenton, Fla., to Grand Oaks LLC.
Michel Hibbert,
CCIM, of Charles Dunn Co. in Los Angeles represented Matt Nelson in the
$1.3 million sale of a nine-unit apartment complex to Ipowerweb. He
also was the sole broker in the more than $1.2 million sale of a
nine-unit apartment complex from Bob and Margie Nakamura to Matt
Nelson.
Specialty Properties
Dennis R. Moore,
CCIM, of Sperry Van Ness in Irvine, Calif., and two partners
represented a private LLC in the more than $2.2 million sale of a
20,465-sf Redline self-storage facility in Costa Mesa, Calif., to a
private investor.
Land
Alan S. Apt,
CCIM, GRI, of Aptcor Commercial, Realtors, in Lansdale, Pa., was the
sole broker in the $1.7 million sale of two acres in Marlton, N.J.,
from Dominic and Dianne Margiotti to Liberty Bell Bank.
Fritz A. Kauffman,
CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis
represented Mark Harrison, Trustee, in the more than $1.1 million sale
of nearly 9.6 acres to Wal-Mart Stores East.
Jeffrey R. Bender,
CCIM, SIOR, of Colliers Turley Martin Tucker in Cincinnati and a
partner represented Em-A-Non in the $1 million sale of 20 acres to
Timberlake Family LP.
Office
Steven Eisenshtadt,
CCIM, of Friedman Real Estate Group in Farmington Hills, Mich.,
represented Lennar in a $2.9 million, 16,327-sf office lease in Detroit
to Strategic Staffing.
Scott Bazoian, CCIM, SIOR, and David A. Kelpe,
CCIM, of Colliers Turley Martin Tucker in St. Louis represented the
Automobile Club of Missouri in a more than $2 million, 18,732-sf office
lease from 3445 Causeway Boulevard LP.
Robert Lowe, CCIM, and Whit McCrary,
CCIM, of Colliers Turley Martin Tucker in Brentwood, Tenn., and a
partner represented Faulkner Mackie Cochran in a nearly $2 million,
7,767-sf office lease to American Center Partnership.
Carol Warren,
CCIM, of Colliers Arnold Commercial Real Estate Services in Clearwater,
Fla., represented VMS Properties in the more than $1.8 million purchase
of a 19,400-sf office building from MRDM.
D. Michael Posten,
CCIM, SIOR, of Colliers Turley Martin Tucker in Kansas City, Mo., and a
partner represented Blue Cross/Blue Shield of Kansas City in a more
than $1.6 million, 45,067-sf office space lease to H&R Block Tax
Services. He and another partner represented Community America Credit
Union in a $1.4 million, 16,883-sf office lease to Silver Oak Services
LLC.
Darrin L. Boyd, CCIM, and David A. Moore,
CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis
represented ZIRP- Castleton LLC in a more than $1.6 million, 51,569-sf
office lease to AdminStar Federal.
« E. Thomas Naseef,
CCIM, of Coldwell Banker Commercial ETN in Las Vegas and a partner
represented RKC Corp. in a more than $1.5 million, 60-month, 20,900-sf
office lease to Novum Pharmaceutical Research. He and partner also
represented Imperial Capital Bank in the $1.3 million sale of an
8,525-sf office building to Boulder City Properties LLC.
J. Michael Statter,
CCIM, of Colliers Turley Martin Tucker in St. Louis and a partner
represented Innovative Benefits Group in a more than $1.2 million,
10,967-sf office lease from Duke Realty Corp.
David A. Morris, CCIM, SIOR, and Clarence M. Turley Jr.,
CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis represented
Mercantile Properties in a more than $1.1 million, 17,485-sf office
lease to Roberts, Perryman, Bomkamp & Meives.
Mixed-Use
John McLaughlin,
CCIM, of McLaughlin Investments in Burlington, Mass., was the sole
broker in the nearly $2.5 million sale of a 13,500-sf retail/office
complex from Boston Federal Savings Bank to Ravanis Properties.
Brian Cahane,
CCIM, of Coldwell Banker Commercial ETN in Las Vegas and a partner
represented Furniture Mart in the $1 million purchase of a 17,652-sf
retail/mixed-use property from Lawrence Hegwood.
Retail
Michael K. Houge, CCIM, SIOR, Keith A. Sturm, CCIM, and Deborah K. Vannelli,
CCIM, of Upland Real Estate Group in Minneapolis were the sole brokers
in the $2.8 million sale of a 10,800-sf CVS Pharmacy in St. Clair,
Mich., between two private investors. They also represented a private
seller in the $2.2 million sale of a 9,897-sf KinderCare Learning
Center in Glastonbury, Conn., and the $1.4 million sale of a 6,200-sf
KinderCare Learning Center in Bonney Lake, Wash., to another private
investor. They also represented a private investor in the more than $1
million sale of a 7,115-sf H&R Block-leased retail property in
Dearborn, Mich., to another private investor.
Rebecca L. Wells,
CCIM, of Colliers Turley Martin Tucker in Indianapolis represented
Clover Properties in the more than $2.1 million sale of a 13,920-sf
retail building to Arcadia Real Estate.
Carl G. Russell,
CCIM, GRI, SIOR, of George J. Smith & Son Commercial &
Investment Real Estate in Milford, Conn., was the sole broker in the
nearly $1.4 million sale of a 9,050-sf shopping center in Avon, Conn.,
from Willowbrook Associates to BZHK.
« John McLaughlin,
CCIM, of McLaughlin Investments in Burlington, Mass., represented
Autobahn Automotive in the more than $1.1 million purchase of an
11,462-sf retail automotive facility in Lexington, Mass., from Auto
Engineering.