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/870737
CCIM.COM September | October 2017 47 Naples, Fla., represented Airport Pulling Orange Blossom LLC in the more than $10 million sale of 22 acres of vacant land located at 7501 Airport Road N. in Naples to Pulte Home Corporation and Pulte Home Company LLC. 32 Sandy Shindleman, CCIM, of Shin- dico Realty in Winnipeg, Manitoba, repre- sented 964125 Alberta Ltd. in the more than $3.6 million purchase of 36.85 acres of land located at 53 & 111 Nicola Drive in Heading- ley, Manitoba, from an undisclosed seller. Specialty 33 BIGDEAL Ben Cherry, CCIM, of Manor Real Estate in St. Louis represented Schoolhouse Finance LLC in the $3.1 million sale of a 107,000-sf school building located at 706 N. Jefferson Ave. in St. Louis to KIPP St. Louis Public Schools. Financing 34 BIGDEAL Larry Harwood, CCIM, of Q10 | Lutz Financial Services in Birming- ham, Mich., arranged a $13.9 million refi- nancing of a CVS located in Coon Rapids, Minn., a Walgreens in Norton, Mass., and a Walgreens in Rochester Hills, Mich., for a private borrower. 35 Adam Gregory, CCIM, of CommCap Advisors in Las Vegas negotiated the more than $12.6 million financing of the 85,000-sf 1 East Liberty office space located in Reno, Nev., for One Liberty C2K LLC. Mixed-Use 36 BIGDEAL Phillip Dunning, CCIM, and 37 Tom Naseef, CCIM, of Colliers International in Las Vegas represented CML NV-CSPRINGS LLC in the $6.7 million sale of the 45,000-sf Villages of Centennial Springs located in Las Vegas to an undis- closed buyer. Submit transactions to dealmakers@ccim.com. Include a digital color head shot. Send a CIRE Gift Subscription Member rate is $25 U.S., $35 International To order, call 800.621.7027, ext. 4478. "There is a professionalism that often goes with the CCIM designation," says Ember Grummons (left), CCIM, of Inves - tors Realty in Omaha, Neb. "Because you understand those who have earned the CCIM designation are serious, qualified, and have an edge of credibility." Grummons recently represented Jasper Stone Stateline Station LLC in the $11.6 million sale of the 162,000-sf Stateline Point Shopping Center in Kansas City, Mo., to Jared Properties LLC represented by David Havens, CCIM, of Jared Commercial in Springfield, Mo. When Havens approached Grummons with an offer, Grummons was already in the process of working with a buyer. After Havens and his client worked through a single weekend on the analysis of the property, however, Grummons ultimately decided Havens's client would be the best option for this transaction. Havens credits his designation as a factor in the completion of this transaction. "Deals of this size don't get done unless you have two professionals on both sides working hard, communicating quickly and efficiently with each other," Havens says. "Both brokers need to have the same goal of working for their client and making the deal be successful." While the two CCIM designees had never met prior to this transaction, Grummons and Havens have developed mutual respect for one another. "David was very reliable, professional, and upfront," Grummons says. "We have become friends, grown our professional relationship, and I am confident we will do other deals in the future." Recently, Grummons and Havens met face-to-face at CCIM Institute's ICSC exhibit booth, where they discussed future deals. "It is pretty easy to build trust with a professional with a CCIM designation, and Ember was a great example of that," Havens says. Index of Advertisers Canadian Real Estate Forum ........................43 CCIM Course Schedule ................................45 CCIM Designation Checklist .........................13 CCIM Designee Benefits ...............................19 CCIM Development Specialty Track ..............17 CCIM Foundation .........................................15 CCIM Industry Partners ..................................4 CCIM Institute Global Conference, Toronto 2017 ........................................ cover 4 CCIM Institute Sponsorship Opportunities ....21 CCIM Institute Ward Courses........................11 Century 21 ........................................... cover 2 CIRE Magazine Gift Subscription ..................47 NAI Global ....................................................29 RE/MAX Commercial ............................ cover 3 SIOR ..............................................................9 Sperry Commercial Global Affiliates ................3 Ten-X ..............................................................5 Looking for more information on a product or service? Visit our advertiser Web links on CIRE magazine's website at CCIM.com/cire. For advertising information, contact Dan Burke at (732) 241- 6720 or dan@burkemediagroup.com. CCIM ROI