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
Land Big Deal Frank Pipgras, CCIM, of Frank Pipgras Real Estate Services in Sebastopol, Calif., represented a Native American Sovereign Nation in the more than $13.2 mil- lion purchase of a 270-acre vineyard in Alexander Valley, Calif., from the Jordan Vine- yard & Winery. ¶Sam Foster, CCIM, of Jones Lang LaSalle in El Segundo, Calif., repre- sented Weyer- haeuser in the $10.1 million sale of 18.3 acres of land in Chino, Calif., to ProLogis. Financing Big Deal ³Alan Tapie, CCIM, of Grandbridge Real Estate Capital in Atlanta and a partner arranged the $31 million fi nancing of a 288-unit mul- tifamily community in Little Rock, Ark., for Fountaine Bleau Apartments. Paul B. Natalizio, CCIM, of Cornerstone Realty Consultants in Stoneham, Mass., arranged the $4.4 million financ- ing of a 36-unit multifam- ily portfolio in Arlington, Mass., for an undisclosed borrower. Neal Churney, CCIM, of Johnson Capital in Phoenix, arranged the $3.1 million financing of a 23,000-sf retail property in Phoenix for an undisclosed borrower. CCIM.com Industrial Big Deal Ian M. Grusd, CCIM, of Sperry Van Ness Richter Grusd in Iselin, N.J., represented Counsel RB Capital in the more than $3.2 million sale of a 172,000-sf industrial facility in New Brunswick, N.J., to an undisclosed buyer. Grusd also represented Schott NYC in the more than $3.2 million purchase of a 58,683-sf ware- house facility in Union, N.J., from an undisclosed seller. ¶Todd A. Kamps, CCIM, of Kwekel Cos. in Grand Rapids, Mich., negotiated the more than $2.7 million sale of a 300,000-sf industrial property in South Bend, Ind., from AIC Ventures to Pratt Industries. Hospitality Gerard R.C. Pastrano, CCIM, of Sperry Van Ness/T e Pastrano Group in San Antonio represented NJS Partners in the $6.5 million sale of a 45,000- sf hospitality property in San Antonio to a private investor. Pastrano also represented NJS Partners in the $5.7 million sale of a 43,000-sf hospitality property in San Antonio to Canadian Investors. Multifamily Big Deal Michael A. Fowler, CCIM, of Brown Investment Proper- ties in Greensboro, N.C., and a partner represented LNR Properties in the $6.2 million sale of a 308-unit multifam- ily property in Greenville, N.C., to Summer Green LLC. Fowler also represented LNR CCIM ROI ³When Sam DeCaria, CCIM, of DeCaria Realty in Etobicoke, Ontario, sought a buyer for 227 townhouse lots in Kitchener, Ontario, he turned to fellow Central Canada Chapter mem- ber John P. Iannuzzi, CCIM, of Home Life Macro Realty in Stony Creek, Ontario. "In this case not only did I work with a fel- low CCIM but a personal friend," DeCaria says. "T e trust that is crucial to any successful transac- tion was already well established. T e CCIM desig- nation is a pre-qualifi er in terms of professionalism and market knowledge." Iannuzzi represented Losain Homes in the more than $15.5 million purchase from 1841363 Ontario. Properties in the more than $2.6 million sale of a 116- unit multifamily property in Spartanburg, S.C., to Upstate Property Rentals LLC. Michael P. Jakubiec, CCIM, of Michael P. Jakubiec Investment Real Estate in St. Charles, Ill., represented both the undisclosed seller and the undisclosed buyer in the $3 million sale of a 48-unit mul- tifamily property in Chicago Ridge, Ill. Specialty Micah Alcorn, CCIM, of Domain Commercial LLC in Norman, Okla., represented Sassan Moghadam in the more than $12.9 million sale of a 263,390-sf self-storage portfo- lio to SecurCare Self Storage. 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 Bank of America .......................11 Berkadia ......................................5 CCIM Live ..................................10 CCIM Membership ............ cover 3 CCIM National Virtual Deal Making Session .................25 CCIM Spring Meetings ...............11 CCIM Technologies ...................17 CCIM Testimonials .....................31 Century 21 ........................ cover 2 CIRE Bulk Subscriptions ............19 Coldwell Banker Commercial .....11 Grandbridge Real Estate Capital ..7 KW Commercial ........................10 LEL International .......................15 Real Estate Assistant .................10 Re/Max International ....11, cover 4 STDB.........................................13 United Country Real Estate .........3 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. September | October | 2012 47