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/475894
46 March | April | 2015 Commercial Investment Real Estate Albertson's in Naples from an undisclosed seller. ³ Clinton L. Sherwood, CCIM, and David J. Stevens, CCIM, of Investment Proper- ties Corp. in Naples, Fla., and two partners negotiated the $4.1 million sale of 40,495 sf of retail space in Naples from Philip J. McCabe to Sugden Park Plaza LLC. ³ Sandy Shindleman, CCIM, of Shindico Realty in Winnipeg, Manitoba, represented FGL Sports Ltd. in the more than $3.9 million lease of a 19,498-sf retail property in Winnipeg from an undisclosed lessor. Mixed-Use Big Deal Michael Milano, CCIM, of Colliers International Tampa Bay in Tampa, Fla., and Cynthia Shelton, CCIM, and Kane Morris-Webster, CCIM, of Colliers International Cen- tral Florida in Orlando, Fla., and a partner represented Casto-Zenith Venture LLC in the $19.1 million sale of a 59,341-sf mixed-use prop- erty in Sarasota, Fla., to Consolidated-Tomoka Land Co. ³ Kevin D. Chin, CCIM, of Sperry Van Ness in San Francisco represented 1030 Polk Associates LP in the $13 million sale of a 41-unit multifamily and retail property in San Francisco to an undisclosed buyer. ³ Robin Kean, CCIM, and Cynthia Greenwell, CCIM, of Kean Properties LLC in Kihei, Hawaii, represented Duesenberg Investment Co., in the more than $3.9 million sale of a 41,554 sf industrial property in Wailuku, Hawaii, to Scannell Development Co. ³ Edward Redlich , CCIM, and Christopher Spear, CCIM, of ComReal Miami in Miami repre- sented Para- mount Property Developers in the more than $3.4 million sale of the 55,000-sf Home- stead Warehouse in Home- stead, Fla., to Mirai Holdings. William V. Gonnering, CCIM, and Christine McM- anus, CCIM, of Investment Properties Corp., in Naples, Fla., and a partner negotiated the more than $3.3 million sale of 30,000 sf of industrial space in Naples from Kiropa Island LLC to Collier County. Retail Big Deal ³ Laurie Ann Drinkwater, CCIM, of Marcus & Millichap in New Haven, Conn., and a partner repre- sented a national net-lease investor in the more than $11.3 million sale of a 12,900-sf CVS/pharmacy in Saugus, Mass., to an undisclosed buyer. Drinkwater and a partner also represented a New York-based seller in the $8.7 million sale of the 140,918-sf Mentor City Shopping Center in Mentor, Ohio, to an undisclosed buyer. ³ David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negoti- ated the $10.5 million sale of the 48,735-sf Tanglewood Marketplace in Naples from Naples Tanglewood Holdings LLC to Downtown Mini Storage LLC. Stevens and a partner also represented GC Partnership Ltd. in the $5 million sale of a 15,173-sf restaurant in Naples to Naples 5 th Avenue Hotel LLC. ³ Adam P. Von Romer, CCIM, of T e Fitzgerald Group in Fort Lauderdale, Fla., represented PVA Realty Trust in the more than $6.5 million purchase of a 14,490-sf Walgreens in Murphreesboro, Tenn., from Hyannis Investments. Cathy A. Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and three partners represented Westlake Farms in the more than $6 million purchase of a 15,120-sf Walgreens in Phoenix from an undisclosed seller. Jones and three partners also represented 820-860 Twain LLC in the $5.2 million sale of a 57,359-sf retail property in Las Vegas to Swenson Properties LLC. ³ David Wallace, CCIM, of CRE Consul- tants in Naples, Fla., represented Oakes Farms in the $5 million purchase of a 65,000-sf former ³ Cathy A. Jones, CCIM, of Sun Com- mercial Real Estate in Las Vegas and three partners represented CMA Industries LLC & Solutions Holdings LLC in the more than $7.5 million sale of a 69,173-sf sale-leaseback portfolio comprised of an of ce building and eight residential homes in Las Vegas to Store Capital Acquisitions LLC. Gary Lyons, CCIM, of Avison Young in Raleigh, N.C., and a partner repre- sented Rogers Alley Ventures LLC in the more than $6 mil- lion sale of the 30,000-sf Rog- ers Alley mixed-use complex in Durham, N.C., to Equator Capital Management. ³ Larry Ingraham, CCIM, of Emerald Properties Brokerage & Development LLC in Lynwood, Wash., represented Mountlake Terrace TOD in the more than $3.6 million purchase of a 4.8-acre mixed-use develop- ment site in Mountlake Terrace, Wash., from an undisclosed seller. Land Big Deal ³ Woody Moore, CCIM, of Colliers International in Columbia, S.C., and two partners represented an undisclosed seller in the $12.5 million sale of more than 50 acres of land in Columbia and Mount Pleasant, S.C., to an undisclosed buyer. DE AL M A K E RS