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/128835
the 5-year, $14 million lease of 300,000 sf of ofce space in Anchorage from an undisclosed lessor. Sean Fulp, CCIM, of Rockwood Real Estate Advisors in San Francisco represented Century Park Partners LLC in the $10 million sale of a 147,194-sf ofce building in Riverside, Calif., to BH Properties LLC. Yvonne A. Jones, CCIM, of McCafery Interests in Chicago represented an undisclosed buyer in the $6.8 million purchase of 21,696 sf of ofce space in Shiloh, Ill., from Shiloh Partners LLC. Robert H. Burns, CCIM, of Robert H. Burns Co. in Nashville, Tenn., represented Maryland Way Partners LLC in the more than $5.1 million purchase of 38,000 sf of ofce space in Brentwood, Tenn., from Randall Baskin. Jeffrey Day, CCIM, of Centra Partners LLC in Fort Worth, Texas, represented Ameritas Life Insurance Corp. in the more than 7-year, more than $4.3 million lease of 21,934 sf of ofce space in San Antonio from EOS Acquisition II LLC. ¶Gary P. Hill Jr., CCIM, of Avison Young in Chapel Hill, N.C., represented HCW Employee Beneft Services LLC in the 10-year, $4 million lease of 17,000 sf of ofce space in Durham, N.C., from Bristol Place IC LLC. ´Thomas F. Campenni, CCIM, of Tomas F. Campenni, CCIM, in Stuart, Fla., represented CCIM.com an undisclosed lessor in the $3.5 million lease of 10,000 sf of ofce space in New York City to Jacob Feinberg Katz Consulting Engineers. Land Big Deal Marc Barker, CCIM, of NAI/ Latter & Blum in Baton Rouge, La., and a partner represented Gavilon Agriculture LLC in the $10.4 million purchase of 753 acres of land in St. James Parish, La., from an undisclosed seller. ¶William H. Rollins Jr., CCIM, of Land Solutions in Fort Myers, Fla., and a partner negotiated the $9.7 million sale of 256 acres of land in Fort Meyers from L.B. Andersen & Co. to Waterford Landing Acquisitions LLC. Rollins and a partner also negotiated the $3.1 million sale of 3,085 acres of farmland in Labelle, Fla., from Farm Credit of Central Florida ACA to SPP Land LLC. Mark E. Douglas, CCIM, of Cushman & Wakefeld/ Talhimer in Glen Allen, Va., negotiated the $8.5 million sale of 74.7 acres of land in Henrico County, Va., from Oscar N. Nuckols Family Trust and Sheila and Hugh A. Worcester to Markel/Eagle Advisors LLC. ¶Jeffrey Cusson, CCIM, of Coldwell Banker Commercial Saunders Real Estate in Vero Beach, Fla., and a partner negotiated the more than $6.1 million sale of 1,979.9 acres of land in Okeechobee County, Fla., from an undisclosed seller to an undisclosed buyer. Paul Lepine, CCIM, in Fort Lauderdale, Fla., represented New River III LLC in the $4 million purchase of 1.7 acres of land in Fort Lauderdale from a local family trust. Mixed-Use Elliot M. Ross, CCIM, and John F. Stoner, CCIM, of Ross Realty Group in Clearwater, Fla., and a partner represented University Commercial Center Ltd. in the $13.4 million sale of a 145,551-sf mixed-use portfolio in Tampa, Fla., to Orion Venture VI LLC. Financing Brad A. Cox, CCIM, of Tomas D. Wood and Co. in Lakewood Ranch, Fla., arranged the $18 million fnancing of a 272-unit multifamily property in Venice, Fla. 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. Transactions above $3 million appear in print; all others appear online at ccim. com/cire. Advertisers' Index Auburn University .....................13 Berkadia......................................3 CCIM Deal Making Session ....... 17 CCIM Education ........................25 CCIM ROI When Ted Barr, CCIM, of Crescendo Commercial Realty in Cleveland asked CCIM instructor Alec Pacella, CCIM, if he knew of any designees in Texas to help him buy medical ofce properties in the state, Pacella referred him to fellow instructor ³Alex Johnson, CCIM, of Laurex Realty Advisors in Plano. "Ted only wanted to work with CCIMs," Johnson says. "We speak the same language." Johnson represented Barr, an executive for Creekside Medical Properties, in the more than $4.8 million purchase of a 31,363-sf medical ofce building in College Station, Texas, from Muco Verde LLC. "It also helped that the seller's broker has a CCIM in their frm who is a former student of mine," Johnson says. "It is all about relationships." CCIM Live! 2013................ cover 2 CCIM President's Cup ...............15 Century 21 ..................................5 CIRE Bulk Subscriptions............ 41 Community Caring in Motion .....21 Prudential Commercial Real Esate ...................................7 ReadyCap Commercial .............. 11 Re/Max International ......... cover 4 STDB................................. cover 3 Walmart Realty ............................9 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. May | June | 2013 47