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/443516
45 January | February | 2015 CCIM.com ³ George Spirrison, CCIM, and Simeon Spirrison, CCIM, of Adelphia Properties in Oak Brook, Ill., represented a private investment group in the $4.2 million sale of a 7,500-sf Joe's Crab Shack in Schaumburg, Ill., to a private 1031 investor. ³ Carmen Austin , CCIM, of Saurage Rotenberg Commercial Real Estate in Baton Rouge, La., negotiated the more than $3.9 million sale of the 84,146-sf Belleview Shopping Center in Plaquemine, La., from GLSK LLC to Carnegie Cos. ³ Cathy A. Jones, CCIM, of Sun Com- mercial Real Estate in Las Vegas and four partners represented BSWC Properties LLC in the $3 million sale of a 4,320-sf Krispy Kreme in Las Vegas to Richmond-South- point 10 LLC. DE AL M A K E RS Retail Big Deal John Zielinski, CCIM, of Crossman & Co. in Atlanta and two partners represented Madi- son Retail in the $21 million sale of the 88,737-sf Charles Hight Square in Rome, Ga., to an undisclosed buyer. ³ W. Barry Lammersen, CCIM, of Lammersen & Associates in Scottsdale, Ariz., represented an undisclosed 1031 buyer in the more than $16 million purchase of f ve single-tenant properties composed of 38,514 sf of retail space in Virginia and North Carolina from an undisclosed seller. ³ David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., represented Orexco in the $13.3 million purchase of the 46,000-sf Goodlette Corners retail center in Naples from Goodlette Corners LLC. Stevens also negotiated the more than $2.7 million sale of a 10,000-sf retail strip center in Naples from Onesto Group LLC to Giovanni Management LLC. ³ John Stroich, CCIM, of Green Valley Management in Winnipeg, Manitoba, represented LS Properties in the more than $7.4 million purchase of a 28,650-sf retail property in Winnipeg from an undis- closed seller. ³ Thomas F. Campenni, CCIM, of T omas F. Campenni Co. in Stuart, Fla., and a partner negotiated the 12-year, approximately $5 million lease of 3,000-sf of retail space in New York from an undis- closed lessor to Grape Wisdom Wines. ³ James Barnett, CCIM, of Barnett Commercial Realty in Martinsville, Va., and a partner represented a local LLC in the $4.4 million sale of a 48,000-sf Food Lion-anchored strip mall in Martinsville to Wahlid Investments LLC. ³ Paul Kenny, CCIM, of Paul Kenny and Matt Bogue Commer- cial in Sun Valley, Idaho, negotiated the $2.5 million sale of the 8,210-sf Courtyard retail center in Ketchum, Idaho, from the Colorado seller to a California buyer. Offi ce Big Deal ³ Stephen E. Shea, CCIM, of Pemberton Holmes Commercial in Victoria, British Columbia, represented the Canadian government in the $12.1 million sale of the 82,635-sf Custom House offi ce property in Victoria to a local investor. ³ Fabio F. Faerman, CCIM, of FA Commercial Advisors in Miami negotiated the $10 million sale of a 52,499-sf of ce property in Miami from an undisclosed seller to an undisclosed buyer. ³ Russell T. Noll, CCIM, of Transwestern in San Antonio represented an undisclosed energy sector company in the 6-year, more than $8 million lease of 39,395 sf of of ce space in San Antonio from an undisclosed lessor. Alex D. Zylberglait, CCIM, of Marcus & Millichap in Miami negotiated the more than $57 million sale of 2.8 acres of land in Miami from Espacio Miami Properties LLC to the Related Group. The Biggest Deal