Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.
Issue link: http://cire.epubxp.com/i/102789
partner represented an undisclosed seller in the more than $5.6 million sale of a 14,560-sf drugstore in Greenville, N.C., to an undisclosed buyer. Office Big Deal ´Michael Schuman, CCIM, of Bishop Street Commercial in Honolulu represented the Gentry Pacific Design Center in the more than $21.3 million sale of a 185,787-sf office building in Honolulu to the Office of Hawaiian Affairs. ³David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., represented Naples RB Holdings LLC in the $9.5 million purchase of 50,000 sf of ofce space in Naples from CFC Partnership. ³Sheri D. Arnold, CCIM, of Coldwell Banker Commercial Arnold and Associates in Beaumont, Texas, and a partner represented Albanese Cormier Holdings in the 10-year, more than $6 million lease of more than 55,000 sf of ofce space in Beaumont to an undisclosed lessee. ³David H. Johnson, CCIM, of Mohr Partners in Denver represented WellCare in the 5-year, $4 million lease of 30,000 sf of ofce space in Tampa, Fla., from Highwoods. Timothy C. Macker, CCIM, of Coldwell Banker Commercial Westmac in Los Angeles and a partner CCIM.com represented 120 South Doheny Drive LLC in the $3.5 million sale of a 5,360-sf ofce building in Beverly Hills, Calif., to the Consulate General of the Islamic Republic of Afghanistan in Los Angeles. ´Maggie Nigro, CCIM, of Kennedy Wilson in San Antonio and a partner represented Texas Name Ltd. in the 7-year, more than $3 million lease of 16,382 sf of ofce space in San Antonio to Strayer University. Nigro was employed by Grubb & Ellis when the deal closed. Elliot M. Ross, CCIM, of Te Ross Realty Group in Clearwater, Fla., represented Center at Feather Sound LLC in the more than $3 million purchase of a 63,605-sf ofce building in Clearwater from Stearns Bank. Land Big Deal Nathan Luke Cox, CCIM, of Bellator Real Estate and Development in Spanish Fort, Ala., represented Gulf Coast Opportunities Fund LP in the more than $11.4 million purchase of 10.5 acres of land in Orange Beach, Ala., from an undisclosed seller. Sam Foster, CCIM, of Jones Lang LaSalle in Los Angeles represented Weyerhaeuser in the more than $10.1 million sale of 18.33 acres of land in Chino, Calif., to ProLogis. William A. Eshenbaugh, CCIM, and Ryan Sage Sampson, CCIM, of Eshen- baugh Land Co. in Tampa, Fla., represented TD Bank N.A. in the $8.6 million sale of 19.73 acres of land in Tierra Verde, Fla., to an undisclosed buyer. CCIM ROI "We didn't know each other prior to the transaction, but the shared designation gave me the confdence that I was working with an educated professional," says William P. Clarkson, CCIM, of Realty Executives Commercial in Scottsdale, Ariz. Afer a difcult search for a property with a woodworking space, Susan C. McCall, CCIM, of Commercial Property Connect in Gilbert, Ariz., represented Pelcom LLC in the $1.9 million purchase of six retail buildings totaling 11,136 sf in Scottsdale from Clarkson's client, Mandall Family Trust. McCall credits the transaction, in part, to concepts that both designees learned in the CCIM core courses. "Between the two of us, we prepared cash fow analyses that gave the buyer a certain comfort level about expenses and future tenants," she explains. Were you involved in a deal with a fellow CCIM? Tell us about it at dealmakers@ccim.com. David C. Metalonis, CCIM, of Colliers International South Florida in Coral Gables, Fla., represented Lionheart Capital in the more than $5.7 million sale of approximately 0.8 acre of land in Miami to an undisclosed buyer. Mixed-Use Patrick Starr, CCIM, of John L. Scott Real Estate in Bellingham, Wash., represented North America 6666 Investment Birch Bay LLP in the more than $7.9 million purchase of a 130,000-sf retail property and 16 acres of land in Blaine, Wash., from Union Bank. Submit transactions to Deal Makers, CIRE, 430 N. Michigan Ave., Chicago, IL 60611; e-mail to dealmakers@ccim.com; or fax to (312) 373-8219. Include a high-res digital color property photo or head shot if available. Advertisers' Index Auburn University .....................15 Berkadia......................................3 Canadian Real Estate Forum ............................... cover 3 CCIM Capitol Hill Visit ........ cover 2 CCIM Deal Making Session ....... 17 CCIM Education ..........................5 CCIM Live! 2013........................35 CCIM Membership ......................7 CCIM New Designees...........10-11 CCIM Spring Meetings...............35 Coldwell Banker Commercial.....13 Re/Max International ......... cover 4 Real Estate Research Corp ........31 STDB...................................21, 25 Ward Center for Real Estate Studies ...................19 Looking for more information on a product or service? Visit our advertiser Web links on CIRE magazine's Web site at CCIM.com/cire. For advertising information, contact: Rich Rosfelder at (312) 321-4507 or rrosfelder@ccim.com. January | February | 2013 47