Commercial Investment Real Estate

JUL-AUG 2017

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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COMMERCIAL INVESTMENT REAL ESTATE 46 July | August 2017 DEAL M A K E R S 14 Elliott M. Ross, CCIM, of Ciminelli Real Estate Services in Tampa, Fla., rep- resented Mangrove Investments LLC in the more than $3.1 million sale of the 14,222-sf offi ce building located at 1501 S. Church Ave., Tampa, to 501 MB LLC. Retail 15 BIGDEAL Beverly Keith, CCIM, of Avison Young in Raleigh, N.C., represented Mooresville Partners in the $10 million sale of the 169,525-sf Mooresville Festival retail center in Mooresville, N.C., to Unison Realty Partners LLC. 16 Jordan Rieffenberger, CCIM, of Lloyd Companies in Sioux Falls, S.D., and a partner represented Blue Sapphire LLC and LLAP LLC in the more than $8 million sale of a 25,238-sf strip-mall portfolio in Sioux Falls to Highline Partners LLC and Foss Partners LLC. 17 David J. Stevens, CCIM, of Invest- ment Properties Corporation in Naples, Fla., represented 5th Avenue South Invest- ments LLC in the $8 million purchase of a 14,000-sf retail property located at 837 5th Avenue South in Naples from 837 Fifth Avenue South Ltd., represented by 18 Rainer Filthaut, CCIM, of IRC Inter- national Realty Corp. in Naples. 19 Liz Clare, CCIM, of Avison Young in Las Vegas and a partner represented 4343 N. Rancho Drive LLC in the more than $5.8 million sale of the 61,881-sf Imperial Plaza in Las Vegas to Royal Investors Group LLC. 20 Ryan Myers, CCIM, of LMS Commer- cial Real Estate in York, Pa., and a part- ner represented Conewago North Ridge Partners in the more than $5.8 million sale of 13.5 acres of land at Gateway Hanover Shopping Center in Hanover, Pa., to Sam's Real Estate Business Trust. 21 Greg Bedell, CCIM, of Progressive Real Estate Partners in Rancho Cucamonga, Calif., and a partner negotiated the sale of the 37,453-sf Yucaipa Plaza shopping center located at 34469-79 Yucaipa Blvd., Yucaipa, Calif., from a private Orange County-based investor to a private Los Angeles-based investor. Bedell and a partner also repre- sented the private Orange County-based investor in the $3.2 million purchase of the 4,208-sf retail center located at 1935 S. Waterman Ave. in San Bernadino, Calif., from an undisclosed seller. 22 Chris Rink, CCIM, of SVN | Asset Advisory Group in San Diego represented a private investor from California in the $3.1 million purchase of a 3,303-sf Wendy's restaurant located at 3335 Ulmerton Road in Clearwater, Fla., from a Florida-based developer. Multifamily 23 BIGDEAL Glenn Dulaine, CCIM, of Realty Executives of Nevada in Las Vegas negotiated the $34 million sale of the 532- unit Sundance Village Apartments located at 6500 W. Charleston Blvd. in Las Vegas from Sundance Village LP to Charleston Capital LLC. 24 John Edwards, CCIM, of Carolina Apartment Advisors in Myrtle Beach, S.C., represented Bryant Park LLC in the $31.5 million sale of the 212-unit More- head West Luxury Apartments to Tribridge Residential. 25 Antone Brazill, CCIM, and 26 Devin Lee, CCIM, of Northcap Multifamily in Las Vegas and two partners represented ACVII-Hacienda LLC in the $28.5 million purchase of the 252-unit Conejo Villas Apartment Homes located at 5060 W. Hacienda Ave. in Las Vegas from an undis- closed seller. Brazill, Lee, and two partners also represented Hazelwood Investments LLC in the more than $4.2 million sale of the 76-unit Hazelwood Villas Apartment Homes located at 3851 Hazelwood St. in Las Vegas to an undisclosed buyer. 27 Michael Miyagishima, CCIM, of Sperry Van Ness MCRE in San Francisco and a partner represented Colony Apart- ments LP and Golden Sands Apartments LP in the $27.4 million portfolio sale of the 120-unit Golden Sands Apartments and the 200-unit Colony Apartments in Victor- ville, Calif., to an undisclosed buyer. 28 Dunston Powell, CCIM, of Carolina Commercial LLC in Mount Pleasant, S.C., and a partner represented Natwill Ltd. in the $7.2 million purchase of 34 multifamily units located on Habersham Street, East Broad Street, and East Gaston Street in Savannah, Ga., from WSB Acquisitions. 28 20 31 30 23 15 24 16 25 17 27 19 26 18 29 21 22 14 32 33 35 34

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