Commercial Investment Real Estate

SEP-OCT 2013

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.

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at the Halstead Building in Pasadena, Calif., from Green Acre Investment to Haweye Properties. ³Evelyn R. Ward, CCIM, of Transwestern in Houston represented Unum Group in the more than $9.7 million sale of a 106,000-sf ofce property in Houston to ACCC Insurance. ³Blake Virgilio, CCIM, of Caldwell Cos. in Houston represented the buyer. ´Peter Messina, CCIM, and Helen Weissman, CCIM, of Brenner Real Estate Group in Fort Lauderdale, Fla., represented EverBank Commercial Advisors in the $3.5 million sale of 39,298 sf of ofce space in Davie, Fla., to Bankers Health Group. Specialty Big Deal Chester H. Brown III, CCIM, James A. Davis II, CCIM, and William H. Strickland, CCIM, of Brown Investment Properties in Greensboro, N.C., represented a group of Greensboro physicians in the $12.5 million sale of the 81,570-sf Professional Medical Center in Greensboro to Flagship Church Street LLC. ³James T. Barry III, CCIM, and Kevin C. Barry, CCIM, of Cassidy Turley Barry in Milwaukee, and James V. Garinger, CCIM, of Colliers International Southwest CCIM.com Florida in Fort Myers, Fla., represented Harley-Davidson Motor Co. in the $7 million sale of a 531-acre test track site in Naples, Fla., to Chrysler Group LLC. Land Big Deal ´Edward J. Redlich, CCIM, of ComReal Miami in Miami and two partners represented Keating Resources in the more than $11.2 million purchase of 20.5 acres of land in Hialeah, Fla., from Hialeah Industrial LLC. Christopher Leonard, CCIM, of Colliers International in Clearwater, Fla., represented CNBRE 1 Holdings in the $8 million sale of 1,208 acres of land in North Parrish, Fla., to Extended Investments. ³Steve Poole, CCIM, of Cassidy Turley in Denver and a partner represented an undisclosed seller in the $7.5 million sale of 158 acres of land in Erie, Colo., to an undisclosed buyer. ³D'Arcy Browning, CCIM, of Re/ Max Commercial in Calgary, Alberta, negotiated the $4 million sale of more than 5.2 acres of multifamily development land in Airdrie, Alberta, from BDC to MDC. ´Donald N. Beck, CCIM, of 36 Clear in Charlotte, N.C., represented BPR Properties LLC in the $4 million purchase of more than 1.1 acres of land in Charlotte to trustees of the African Methodist Episcopal Zion Church and A.M.E. Zion Publishing House. Ryan Sampson, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented Tampa Groves LLC in the $3.1 million sale of the 452-acre CCIM ROI "Mailbridge does it again," says Charlie Fulk, CCIM, of Te Meridian Realty Group in Winston-Salem, N.C. Fulk answered a CCIM MailBridge "want" for historic properties in the Southeast from David Bryant, CCIM, of Metropolitan Development in Columbia, S.C. Fulk contacted Bryant about the 48,000-sf Coe Plaza and the 56,000-sf Pepper Building in Winston-Salem and negotiated the $2.4 million sale of both buildings to U.S. Development Co. "Without CCIM Mailbridge, two of Winston-Salem's most prominent historic properties might still be sitting idle," Fulk says. "It's a prime example of CCIM designees working together for positive results." Tampa Groves Phase I in Wimauma, Fla., to Razorback Ranch LLC. Financing Kent Mommsen, CCIM, of Cushman & Wakefeld Commerce in Boise, Idaho, represented P. Chimento Properties LLC in the $13.1 million debt equity restructuring of a 101,519sf industrial property in Henderson, Colo., for Commerce Bank. Submit transactions at www.ccim.com/ deals or via e-mail to dealmakers@ccim. com. Include a high-res digital color head shot if available. Advertisers' Index Berkadia......................................3 Catylist ......................................10 CCIM Deal Making Session ....... 17 CCIM Education ........................25 CCIM Foundation ......................37 CCIM Live! 2013..........................9 CCIM Membership ............ cover 2 CCIM Spring Meetings...............10 CCIM Tech ................................21 CCIM Thanks ............................ 11 CIRE Bulk Subscriptions ............13 Coldwell Banker Commercial.....10 Community Caring in Motion .....15 Granite ......................................10 National Association of Realtors 11 Reis ...........................................33 Re/Max International ......... cover 4 Shindico ......................................5 STDB................................. cover 3 Walmart Realty ............................7 Ward Center for Real Estate Studies ...................10 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. September | October | 2013 47

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