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/82355
DEAL MAKERS The Biggest Deal ³Ember W. Grummons, CCIM, of Investors Realty in Omaha, Neb., represented MRES West Glen Holding in the $34.5 million purchase of the 418,000-sf West Glen Town Center in West Des Moines, Iowa, from an undisclosed seller. Offi ce Big Deal Andrew Sumlin, CCIM, of Cushman & Wakefi eld in Atlanta represented RB Terraces LLC in the 15-year, $31 million lease of 77,000 sf of offi ce space in Atlanta to Elekta. ³Ryan Las- iter, CCIM, of Doyle Rogers in Little Rock, Ark., and partners represented Mann Project LLC in the 15-year, $18 million lease of 65,000 sf of offi ce space in Little Rock to the state of Arkansas. T e transaction absorbed part of a $20 million redevelopment in which Lasiter is also involved. ¶Thomas F. Campenni, CCIM, of Thomas F. Campenni Co. in Stuart, Fla., represented an undis- closed lessor in the 13-year, more than $15 million lease of 26,500 sf of office space from to Work- House NYC LLC. ³Paul J. Blum, CCIM, of Kasten Long Commercial Group in 46 September | October | 2012 Phoenix represented Dis- trict Medical Group in the 11-year, $13.5 million lease of 56,530 sf of office space in Phoenix from Park Central Mall LLC. Stephen A. Heim, CCIM, of NAI Rauch Weaver Norfl eet Kurtz & Co. in Fort Lauder- dale, Fla., represented Gables Granada Plaza in the $7.5 mil- lion sale of a 35,313-sf offi ce building in Coral Gables, Fla., to Steiner Management Services LLC. Douglas Jacoby, CCIM, of NAI Hunneman in Boston and three partners repre- sented Colony Realty Partners in the $6.4 million sale of a 33,700-sf offi ce building in Framingham, Mass., to Jumbo Capital Management. Timothy C. Macker Jr., CCIM, of Coldwell Banker Commercial Westmac in Los Angeles represented an undisclosed buyer in the $4.3 million purchase of a 6,000- sf offi ce property in Santa Monica, Calif., from a private seller. ´Christopher B. Fraser, CCIM, of Avison Young in Mt. Pleasant, S.C., represented WPB LLC in the $3 million sale of a 21,500-sf office building in Mt. Pleasant to The Pastime Amusement Co. Retail µBrian A. Mulvaney, CCIM, of Voit Real Estate Services in San Diego and three partners represented Rancho Santalina LLC in the $5.6 million sale of a 31,421-sf offi ce building in San Diego to National University. Big Deal Eileen Xu, CCIM, of Avison Young in McLean, Va., negoti- ated the 20-year, $20 million lease of 48,700 sf of retail space in Falls Church, Va., from an undisclosed lessor to an undisclosed lessee. ¶Bruce R. Schiff, CCIM, of Cassidy Turley San Diego in Carlsbad, Calif., and a partner represented Sea Breeze Properties LLC in the more than $19.5 million sale of an 81,279-sf shopping center in Oceanside, Calif., to Gerrity Group. Edward M. Jordan, CCIM, of Northeast Private Client Group in Bridgeport, Conn., negotiated the more than $7.4 million sale of a 49,146-sf shopping center in New Haven, Conn., from Krypac Development LLC to Longford Associates. ¶Keoni Fursse, CCIM, of Kokua Realty in Grain Valley, Mo., repre- sented Coro- nado Partners LLC in the $4.3 million sale of a 14,534-sf shopping cen- ter in Blue Springs, Mo., to Passco Co. LLC. ¶Reggie L. Greer, CCIM, of RG Real Estate Services in Bella Vista, Ark., rep- resented an undisclosed seller in the $3.5 million sale of 90,063 sf of retail space in Russellville and Dardanelle, Ark., to an undisclosed buyer. Chris Moe, CCIM, of HJ Development LLP in Minneapolis represented Maplewood 2007 LLC in the 10-year, $3 million lease of 100,000 sf of retail space in Maplewood, Minn., to DSW. ³Travis J. Parry, CCIM, of Cushman & Wakefi eld in St. George, Utah, represented an undisclosed seller in the $3 million sale of a 35,277-sf shopping center in St. George to an undisclosed buyer. Commercial Investment Real Estate