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/206598
represented a developer in the more than $6.9 million sale of a 12,000-sf Walgreens Pharmacy in Oneonta, N.Y., to an undisclosed buyer. Derek Doke, CCIM, of Barclay's Realty & Management Co. in Kirkland, Wash., represented a private investment partnership in the $6.5 million sale of a 16,310-sf dual-tenant retail property in Woodbury, Minn., to Loja Real Estate LLC. Office Big Deal ³Thomas F. Campenni, CCIM, of Thomas F. Campenni Co. in Stuart, Fla., represented the owner of 41 East 11th Street in the 10-year, $10 million lease of 20,000 sf of office space in New York City to LaForce & Co. ³Harlan E. Reichle, CCIM, of Te Reichle Klein Group in Toledo, Ohio, and a partner represented CSA9-Arrowhead LLC in the $8 million sale of a threebuilding ofce portfolio totaling 129,786 sf in Maumee, Ohio, to a Toronto-based investment group. ³Stephen V. Jacquemin, CCIM, of S.J. Financial Group in Ellisville, Mo., represented Creve Couer LLC in the $4.8 million purchase of a 19,128sf medical-ofce property. Richard T. Murphy, CCIM, of Calkain Cos., represented the undisclosed seller. CCIM.com Land Big Deal ³George T. McCutchen III, CCIM, of Newmark Grubb Wilson Kibler in Columbia, S.C., represented an undisclosed seller in the $4.7 million sale of the 3,700-acre Augusta Plantation in Aiken County, S.C., to a commercial supplier for Frito-Lay. ³Donald 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 for construction of an Embassy Suites Hotel in Charlotte, from trustees of the African Methodist Episcopal Zion Church and A.M.E. Zion Publishing House. Financing ³Frank Sciara, CCIM, of Grandbridge Real Estate Capital in Mission Hills, Kan., arranged the $17.7 million fnancing of a 254-unit multifamily property in Springfeld, Mo., for Weaver Creek Apartments LLC. Mixed-Use ³Ian M. Grusd, CCIM, Tinton Falls, N.J., negotiated the more than $5.6 million sale of a 38,500-sf ofce and retail property in Cranford, N.J., from Cleveland Plaza Associates to an undisclosed buyer. Hospitality ³John McClellan, CCIM, of Sperry Van Ness/Miller Commercial Real Estate in Salisbury, Md., and a partner represented Charles M. Foreman in the more than $3.8 million sale of two hotels totaling 69 rooms in Dewey Beach, Del., and Rehoboth Beach, Del., to Forgotten Mile LLC. of GreenGate Capital in CCIM ROI "CCIM's National Virtual Deal Making session gave me the opportunity to expose our listing to a much wider audience of brokers in real time," says Richard X. Gonzalez, CCIM, of Crosby & Associates in Tavares, Fla. Gonzalez and Danny Smith, CCIM, of Smith & Smith Realty in Wildwood, Fla., presented a 62,000-sf Vactron manufacturing plant in Okahumpka, Fla., in a Deal Making session last November. "Within a couple of days we had answered half a dozen calls and had two serious inquiries from CCIMs," says Gonzalez. "Te session allowed me to put my client's triple-net leased property in front of many key players from all over the U.S." Ultimately, Larry R. Richards, CCIM, of Key Solutions Real Estate Group in Sarasota, Fla., brought a private investor to the table, and all three CCIMs negotiated the $1 million sale-leaseback transaction. 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 Berkadia......................................3 Canadian Real Estate Forum .....37 CCIM National Virtual Deal Making .............................. 17 CCIM Membership ............ cover 2 CCIM Spring Meetings............... 41 CCIM Tech ................................21 CCIM Women of Influence.........30 Century 21 ..................................9 Find a CCIM .............................. 11 ReadyCap ...................................5 Reis ...........................................25 Re/Max ..................................... 41 Re/Max International ......... cover 4 ESRI .......................................... 41 Silver Portal ...............................15 STDB................................. cover 3 Walmart Realty ............................7 Ward Center for Real Estate Studies ...................19 Xceligent ...................................13 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. November | December | 2013 47