Commercial Investment Real Estate

MAR-APR 2015

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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45 March | April | 2015 CCIM.com Fla., represented 3033 Winkler Avenue LLC in the more than $4.2 million purchase of the 70,301-sf former VA medical facility in Fort Myers from an undisclosed seller. ³ Nicholas Nicketakis, CCIM, of Callahan Blandings Schaper Real Estate in Waukegan, Ill., represented Great Lakes Credit Union in the $4.2 million purchase of a 36,400-sf of ce building in Bannockburn, Ill., from an undisclosed seller. ³ Thomas F. Campenni, CCIM, of Thomas F. Campenni Co. in Stuart, Fla., represented the owner in the 10-year, $4 million lease of 7,500 sf of off ice space in New York to Magnetic Collaborative LLC. Jarrad Katz, CCIM, of MLD Group in Las Vegas and a partner represented Pelican- Zim LLC in the 15-year, more than $3.2 million lease of 10,000 sf of medical of ce space in Las Vegas to Total Renal Care. DE AL M A K E RS Offi ce Big Deal ³ R. Craig Coppola, CCIM, and Andrew Cheney, CCIM, of Lee & Associates in Phoenix represented FCA Fund Phoenix I LLC in the $58.4 million sale of the 293,161-sf Desert Ridge Corporate Center I&II in Phoenix to Regent Properties. Coppola and Cheney also represented Valley of the Sun United Way in the more than $8.7 million lease of 32,806 sf of office space at the Biltmore Commerce Center in Phoenix from New Biltmore LLC. ³ Kenneth Ormsby, CCIM, of Ezcorp in Austin, Texas, represented his company in the 13-year, more than $50 million lease of 139,000 sf of of ce space in Rollingwood, Texas, from Endeavor Real Estate Group. ³ Tim Kerri- gan, CCIM, of Investors Realty in Omaha, Neb., repre- sented Pacif c Life in the $17 million lease of 75,000 sf of of ce space in Omaha from Zone V LLC. Charles Copelan, CCIM, of McKinney Advisory Group in San Diego, April Kohnen, CCIM, of Pacif c Sotheby's International Realty in San Diego, Tim With, CCIM, of Colliers International in Albu- querque, N.M., and Thomas C. Jenkins, CCIM, of CBRE in Albuquerque represented Omninet Capital in the more than $13.2 million purchase of 421,000 sf of of ce space at Plaza Campana in Albuquer- que from Qwest Corp. ³ Eric J. Larkin, CCIM, of NAI Vegas in Las Vegas represented NAI Asset Services in the more than $8.9 million sale of the 213,257-sf Wells Fargo Financial Center in Las Vegas to Omninet Capital. Stephen A. Cunning- ham, CCIM, of LandQwest Commercial in Fort Myers, Industrial Big Deal ³ Ethan Offenbecher, CCIM, and Steve Offen- becher, CCIM, of Coldwell Banker Commer- cial Offenbecher in Puyallup, Wash., and a partner repre- sented 24th Street Industrial Park LLC in the $17.5 million sale of the 234,000-sf 24th Street Industrial Park in Sumner, Wash., to Harsh Investment Properties. Ethan and Steve also represented M&L Investments in the $3.3 million sale of 47,500-sf Pioneer Industrial Park in Puyallup to an undisclosed buyer. Terry Coyne, CCIM, of Newmark Grubb Knight Frank in Cleveland and John E. Huguenard, CCIM, of JLL in Chicago represented the seller in the $15 million sale of a 255,570-sf industrial prop- erty in Twinsburg, Ohio, ³ Steve Seidl, CCIM, of Seidl & Associates in Green Bay, Wis., and a partner represented a subsidiary of Wells Fargo Bank in the 10-year, $6.9 million lease of 150,000 sf of industrial space in Green Bay to Wisconsin Builders Supply. Jon Reno, CCIM, of Heger Industrial in Los Angeles represented the Bronte Family Trust in the $6.4 million sale of a 57,650-sf industrial prop- erty in Vernon, Calif., to Fresh American Produce. Adriana J. Rosillo, CCIM, of Pointe Group Advisors in Coconut Grove, Fla., and two partners represented Mercantil Commercebank Florida Bancorp in the $75 million purchase of a 175,376- sf of ce building in Coral Gables, Fla., from 220 Alhambra Circle LP. The Biggest Deal

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