Commercial Investment Real Estate

MAY-JUN 2012

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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James Snyder, CCIM, of Lee & Associates in Newport Beach, Calif., and a partner represented PPII LLC in the $12 million sale of two indus- trial buildings totaling 113,857 sf in Fountain Valley, Calif., to Seven Pacifi c. ³John L. Hummer, CCIM, of Steinborn TCN Commercial Real Estate in Las Cruces, N.M., represented REA Mag- net Wire in the $6.5 million sale of a 184,000-sf industrial property in Las Cruces to Alaska Structures. Tony A. McDonald, CCIM, of CBRE/T e Boulos Co. in Portland, Maine, and a partner represented KDJS Partners LLC in the more than $6.4 million sale of a 200,665-sf industrial property in Portland to JHR Development LLC. Robert M. Thornton, CCIM, and William C. T rone, CCIM, of Cushman & Wake- fi eld/T alhimer in Virginia Beach, Va., represented Spring Water LLC in the $5.2 million purchase of a 183,814-sf ware- house property in Virginia Beach from USF Propco II LLC and U.S. Food Service. ³Adam F. Marshall, CCIM, of NAI Hiff man in Oak- brook Terrace, Ill., and two partners repre- sented Runge Paper Co. in the $4.7 million sale of a 107,350-sf distribution facility in Elk Grove Village, Ill., to DCT Industrial. Marshall also represented Zilber Property Group in the $4.7 million purchase of a 125,990-sf industrial building in Elgin, Ill., from Seigle Investments. CCIM.com Chad Griffi ths, CCIM, of NAI Commercial in Edmon- ton, Alberta, and two partners represented an undisclosed seller in the more than $3 million sale of a 24,655-sf industrial building in West Edmonton, Alberta, to an undisclosed buyer. ³Jeffrey A. Calig, CCIM, of NAI Daus in Cleveland repre- sented Barudan America in the $2.7 million sale of a 70,000-sf industrial property in Solon, Ohio, to Teel Properties LLC. Multifamily Big Deal ´Thomas McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J., and a partner represented Franklin Apartments LLC in the more than $4.8 million sale of a 45-unit multifamily property in Hackensack, N.J., to Hacken- sack Associates LP. ³Mark Vellinga, CCIM, of JMV Consult- ing in Sioux Falls, S.D., represented Golden Valley Apartments LLC in the more than $2.8 million purchase of a 54-unit multifam- ily complex in Sioux Falls from an undisclosed seller. R.C. Myles, CCIM, of Cas- sidy Turley Fuller Real Estate in Denver and a partner rep- resented the Rocky Mountain Center for the Blind in the more than $2.4 million pur- chase of a 24-unit multifamily property in Littleton, Colo., from Friendly Property LLC. CCIM ROI ³Terry Moore, CCIM, of ACI Apartments in San Diego reached out to Robert Vallera, CCIM, of Grubb & Ellis in San Diego when seeking a buyer for a 10-unit San Diego apartment build- ing on behalf of a private seller. "I knew that Robert, as a fellow CCIM, understood what made the transaction special," Moore says. "Having a proven broker on the other side was a deciding factor when there were multiple buyers at the table." T eir connection helped Moore and Vallera close the more than $1.1 million sale to a private family trust. "My CCIM training helps me solve problems I couldn't even articulate before I completed the program," Moore adds. "I knew Robert could speak the same language." Mixed-Use Joseph C. French Jr., CCIM, of Marcus & Millichap in White Plains, N.Y., represented a pri- vate investor in the more than $10.1 million sale of a 109,000-sf mixed-use property in Rocky Hill, Conn., to a private fi rm. Specialty E. Baxter Evans, CCIM, of Baxter Evans and Co. in Macon, Ga., and James T. Boswell, CCIM, of Boswell Group in Athens, Ga., represented Judith Hodnett LLC, R.L. Boswell LLC, and William R. Coleman LLC in the $5.4 million sale of a 68-unit seniors housing facility in Greensboro-Lake Oconee, Ga., to NHI-REIT of Georgia. 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 ......................................9 CCIM Brand Awareness .... cover 3 CCIM Live! .................................25 CCIM Membership ............ cover 2 CCIM President's Cup ...............15 CCIM Technologies ...................13 CCIM Testimonials .....................11 CCIM Volunteer Program ...........19 Century 21 ..................................3 CIRE Bulk Subscriptions ............21 Grandbridge Real Estate Capital ...5 Prudential Commercial Real Estate ..................................7 Re/Max International ......... cover 4 STDB.........................................31 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. May | June | 2012 47

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