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/306204
45 May | June | 2014 CCIM.com Las Vegas and three partners represented CPI Two LLC in the $4.5 million sale of a 46,691-sf industrial building in Las Vegas to Roberts Ranch Venture LP. ´ Joe D. Pelayo, CCIM, of Total Real Estate Consul- tants in Coral Springs, Fla., represented JBJE Commercial Properties LLC in the more than $2.8 million purchase of the 35,563-sf Tamarac Arch industrial property in Tamarac, Fla., from Silverstein Enterprises. Retail Big Deal ³ Sheriar K. Khorsandian, CCIM, of Osceola Partners LLC in Tampa, Fla., represented Morgran Ocala Center LLC in the more than $23.7 million leased fee inter- est land sale of a 263,750-sf power center in Ocala, Fla., to an undisclosed buyer. Scott D. Adams, CCIM, of Adams & Wilson Devel- opment in Charleston, S.C., represented Faison in the $19.2 million purchase of the 350,000-sf Ashley Landing DE AL M A K E RS Industrial Big Deal Michael Giuliano, CCIM, and Keith Anderson, CCIM, of Lee & Associates in Ontario, Calif., negotiated the $21 million sale exchange of a 106,394-sf industrial complex in Ontario for a 72,650-sf facility in North Fontana, Calif., and an investment property in Arkansas for American Bolt and Screw. ³ Jeremy D. Pope, CCIM, of Graham & Co., in Huntsville, Ala., repre- sented the Chrysler Group in the $10.5 million sale of a 843,000-sf Chrysler manufac- turing facility in Huntsville to Remington Outdoor Co. ´ Russell T. Noll, CCIM, of Transwestern in San Antonio and a partner negotiated the 11-year, $9 million lease of a 179,953-sf manufacturing facility in Monterrey, Mexico, to an international manufacturing f rm. ¶ Michael H. Tsaparian, CCIM, of Lee & Associates in Commerce, Calif., and a part- ner represented TEAC America in the $7.5 mil- lion sale of a 79,055-sf indus- trial property in Montebello, Calif., to Brimel LLC. Duke A. Suwyn, CCIM, John J. Kuiper, CCIM, and Steve Marcusse, CCIM, of Colliers International in Grand Rapids, Mich., negoti- ated the more than 10-year, more than $5.2 million lease of a 110,000-sf industrial property in Grand Rapids from Franklin Eastern LLC to Undercar Products Group. John Sharpe, CCIM, of Lee & Associates in Rosemont, Ill., and two partners repre- sented Venture One in the 10-year, $5 million lease of a 110,063-sf industrial property in Bloomingdale, Ill., to Com- pass Group. ´ Daniel E. Sight, CCIM, of Reece Com- mercial in Leawood, Kan., represented Proudf t Invest- ments LLC in the $4.6 million purchase of a 106,000-sf distri- bution center in Lenexa, Kan., from an undisclosed seller. Cathy A. Jones, CCIM, of Sun Commercial Real Estate in retail center in Charleston from an undisclosed seller. ´ D'Arcy Browning, CCIM, of Re/ Max Real Estate (Central) in Calgary, Alberta, represented a private buyer in the $13 mil- lion purchase of the 25,000-sf Westmount Village strip mall in Okotoks, Alberta, from a real estate investment trust. ³ Laurie Ann Drinkwater, CCIM, of Marcus & Mil- lichap in New Haven, Conn., and a partner negotiated the more than $9.4 million sale of the 55,901-sf Union Square retail property in Southbury, Conn., from an LLC to a private investor. ´ Ryan Imbrie, CCIM, of Sperry Van Ness/Imbrie Realty LLC in Portland, Ore., represented LS Capital in the $8.2 million sale of a 30,380-sf retail center in Hillsboro, Ore. Joseph C. Sandahl, CCIM, of Wyse Investment Services Co. represented the buyer, Acorn NW Real Estate Fund I. ³ Cathy A. Jones, CCIM, of Sun Commer- cial Real Estate in Las Vegas and f ve partners represented TME Red Rock Plaza LLC in the more than $6.3 million sale of a 42,246-sf retail building in Las Vegas to Falkor Properties LLC. ´ Sandy G. Shindleman, CCIM, of Shindico Realty in Winnipeg, Patrick R. Luther, CCIM, of Faris Lee Investments in Irvine, Calif., negotiated the $36 million sale of a 186,052-sf LA Fitness four-site portfolio in Ken- tucky and Tennessee from a private seller to a real estate investment trust. The Biggest Deal 4 4 - 4 7 D - I n t e r n a t B e a t - D e a l . i n d d 4 5 44-47 D-Internat Beat-Deal.indd 45 4 / 2 9 / 1 4 3 : 1 3 P M 4/29/14 3:13 PM