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
46 January | February | 2015 Commercial Investment Real Estate III, CCIM, of NAI Carolantic Realty in Raleigh represented the seller, West Brothers. Mixed-Use Big Deal James Resha, CCIM, of Sperry Com- mercial in Irvine, Calif., represented Cooper Property Investors LLC in the $43 mil- lion purchase of a 78,956-sf retail and offi ce property in City of Industry, Calif. John Hsu, CCIM, and Dalerie Wu, CCIM, of STC Management in Whittier, Calif., represented the seller, America West Investments. ³ Roobik Ovanesian, CCIM, of Cranbrook Realty Corp. in Glendale, Calif., repre- sented Glendale Unif ied School District in the $12.5 million sale of a 56,000-sf mixed-use development in Glendale to Chandler Pratt & Partners. Kenneth Kurtz, CCIM, of NAI Rauch Weaver Norf leet Kurt in Fort Lauderdale, Fla., and a partner repre- sented LBUBS 2006-C6 Pembroke Camps LLC in the more than $6.7 million sale of the 43,380-sf Silver Lakes Professional Campus in Pembroke Pines, Fla., to Continental Properties Acquisition Corp. ³ Steven J. Weil, CCIM, of Re/Max Direct in Boynton Beach, Fla., represented Element Three ³ Ian M. Grusd, CCIM, of GreenGate Capital in Tinton Falls, N.J., negotiated the $6.9 million sale of a 62,000-sf of ce building in Manalapan, N.J., from 200 Route 9 Realty to Novadebt. ³ James R. Tamblyn, CCIM, of Colliers International in Fort Myers, Fla., and a partner represented an undisclosed seller in the $4 million sale of the 24,174-sf Riverwalk Professional Center in Fort Myers to an undisclosed buyer. ³ Austin Walker, CCIM, of Whitney Commercial Real Estate in Asheville, N.C., negotiated the 5-year, more than $2.8 million lease of 31,485 sf of office space in the Ridgefield Business Center in Asheville from Ridgefield Investments to Smoky Mountain Center. Industrial Big Deal Larry Emmons, CCIM, of CBRE in Southfi eld, Mich., represented Time Equities in the $12 million purchase of a 770,000-sf R&D; facility in Allen Park, Mich., from the city of Allen Park. ³ Kent Mommsen, CCIM, of Cushman & Wakef eld Commerce in Boise, Idaho, represented P. Chimento Properties LLC in the $6.6 million sale of a 60,335-sf industrial facility in Lafay- ette, La., to an undisclosed buyer. ³ Kelly Williams, CCIM, of Re/ Max Ability Plus in India- napolis represented an undisclosed seller in the $3.1 million sale of a 44,000-sf industrial facility in India- napolis to a private investor. ³ Howard Friedman, CCIM, and Patrick Kesgard, CCIM, of Compass Commercial in Bend, Ore., represented Kirkpatrick, Knop, et al in the more than $2.5 million sale of a 75,000-sf industrial facility in Bend to an investment group. ³ William L. Edwards, CCIM, of NAI San Diego in San Diego represented Seaward Property Management LLC in the more than $2.4 million purchase of an 18,149-sf industrial facility in San Diego from MBLB Real Estate LLC. ³ Mark Howe, CCIM, of Triangle Real Estate Group in Raleigh, N.C., represented Progress Court Park LLC in the more than $2.2 million purchase of a 58,245-sf industrial facility in Raleigh. Edward B. Brown in the more than $3.6 million sale of a 38,068-sf mixed-use property in Fort Lauderdale, Fla., to Holman Automotive. Land Big Deal ³ Ted Lyerly, CCIM, of NAI Earle Furman LLC in Green- ville, S.C., and a partner represented an undisclosed lessor in the 25-year, $7.2 million ground lease of more than 1.8 acres of land in Greenville, S.C., to CVS Pharmacy LLC. ³ William A. Eshenbaugh, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented the Aprile Dairy in the $4.5 million sale of 81.3 acres of residential land in Ruskin, Fla., to SoHo Capital. ³ Ryan Sampson, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented Florida Crystals in the more than $3.8 million purchase of 7.9 acres of land in Tampa, Fla., from an undisclosed seller. David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., repre- sented Beaumaris LLC in the $2.6 million sale of 4.5 acres of land in Naples to Esprop LLC. Darrell Okada, CCIM, of NAI Puget Sound properties in Bellevue, Wash., negotiated the $2.2 million sale of an 18.5-acre residential devel- DE AL M A K E RS