CCIM Feature

March 2006 Online Deal Makers

Office

Elliot M. Ross , CCIM, of the Ross Realty Group in Clearwater, Fla., and a partner represented Donald R. Anderson in the $2.9 million sale of a 20,218-sf Bank of America building in St. Petersburg, Fla., to BWB Investments LLC.

Robert T. Zegota , CCIM, of G&E/Commercial Florida in Tampa, Fla., represented the American Lung Association of Florida in the $2.8 million sale of the 14,400-sf ALA Building in St. Petersburg, Fla., to Stahl & Associates Insurance.

Darrin L. Boyd , CCIM, SIOR, and David A. Moore, CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis represented BREOF Castleton Park REO LLC in the $2.1 million, 10-year lease of a 28,752-sf office space in Indianapolis to World Alive.

Thomas G. Hellgeth , CCIM, of Brian Properties in Arlington Heights, Ill., and a partner represented Oakwood Properties Group LLC in the $1.8 million sale of the 20,000-sf 120 Golf Building in Schaumburg, Ill., to Nilesh Patel.

Retail

Harry W. Champ , CCIM, and Dennis M. Sargent, CCIM, of Coldwell Banker Commercial NRT in Maitland, Fla., negotiated the $2.5 million purchase of an 8,600-sf full-service restaurant and bar in Orlando, Fla., to 7453 Universal Boulevard LLC from Thai Verandah. Champ, Sargent, and another partner also negotiated the more than $2.1 million sale of a 14,000-sf strip center in Winter Park, Fla., from Aloma International Properties to Eutedra Josephs and Alvin Josephs.

David J. Stevens , CCIM, of Investment Properties Corp. in Naples, Fla., negotiated the $2.6 million sale of a 5,050-sf retail building in Naples from Sharon L. Workman, Trustee, to 852 Fifth Avenue South LLC.

Carl G. Russell , CCIM, SIOR, of George J. Smith & Son Commercial & Investment Real Estate in Milford, Conn., represented Metro Acquisitions LLC in the $2.4 million purchase of a 6,000-sf former nightclub in Milford from NDW LLC.

Kevin T. James , CCIM, of Colliers Turley Martin Tucker in Columbus, Ohio, and a partner represented Brice/Tussing LP in the more than $2.3 million sale of the 25,018-sf Independence Village Center in Columbus to Independence Village Enterprises LLC.

Industrial

David Noonan , CCIM, SIOR, of Colliers Turley Martin Tucker in Cincinnati, J.M. Statter, CCIM, of Colliers Turley Martin Tucker in St. Charles, Mo., and a partner represented Ehmke Properties, Mo., in the more than $2.7 million sale of a 52,262-sf industrial warehouse in St. Charles to Ferguson International.

Keith L. Schneider , CCIM, of Colliers Turley Martin Tucker in St. Charles, Mo., represented Ted Corvaia LLC in the more than $2 million sale of a 34,742-sf industrial building in St. Charles to MC Air Freight.

John E. Huguenard , CCIM, SIOR, of Colliers Martin Turley Martin Tucker in Indianapolis represented Opus North Corp. in the $1.5 million, 5-year lease of a 118,260-sf industrial facility in Indianapolis to Ozburn Hessey Logistics.

Land

Thomas G. Hellgeth , CCIM, of Brian Properties in Arlington Heights, Ill., represented the seller, Martin Lane Partnership, and the buyer, TWJ Associates, in the $3 million sale of 6.3 acres of land in Arlington Heights.

Robert J. Dikman , CCIM, SIOR, of the Dikman Co. in Tampa, Fla., represented Panattoni Development Co. LLC in the $1.6 million sale of 7.96 acres of land in Tampa Bay to AutoWay Nissan of Brandon.

Specialty

Frank T. Smith , CCIM, CPM, of Summit Management and Realty Co. in Allentown, Pa., represented the seller, J&K Partnership, and the buyer, a private partnership, in the more than $2 million sale of a 229-unit self-storage facility in Upper Macungie, Pa.

Mixed-Use

J. Jeffrey Castell, CCIM, SIOR, of Colliers Turley Martin Tucker in Indianapolis and two partners represented Noble Land Holdings in the $3 million sale of a 202,000-sf industrial facility and 14.57 acres in Indianapolis to Haakon Industries.

Recommended

Searching for Stability

Spring 2022

Ongoing disruptions to the global supply chain will impact commercial real estate, but opportunities are available across various sectors.

Read More

The Ins and Outs of Receiverships

Spring 2022

Receiverships offer promising avenues for commercial real estate professionals to assist lenders with distressed assets.

Read More

Proptech's Golden Age

Spring 2022

By leveraging proptech to meet the challenges of COVID-19, commercial real estate hopes to ready itself for the future.

Read More

Redefining Location

Spring 2022

The driverless vehicle and rise of remote work are two potential catalysts for significant changes to the valuation process.

Read More