Commercial Investment Real Estate

MAY-JUN 2015

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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46 May | June | 2015 Commercial Investment Real Estate more than $5.9 million sale of 20 acres of land in Greenville to Walmart. ³ Brian L. Lightle, CCIM, of Lightle Beckner Robison in Melbourne, Fla., represented Space Coast Credit Union in the $6.5 million sale of 26 acres of retail development land in Bradenton, Fla., to GH & G Lockwood LLC. ³ Rick Gentry, CCIM, of Cushman & Wakef eld/ Cornerstone in Knoxville, Tenn., negotiated the $6 million sale of more than 5.3 acres of land in Knoxville from an undis- closed seller to an undis- closed buyer. ³ James V. Garinger, CCIM, and Frederick G. Kolb, CCIM, of Colliers International in Fort Myers, Fla., represented JTAD Estero LLC in more than $5.8 million sale of a 43-acre commercial and residential site in Estero, Fla., to SD Estero Crossing LLC. ³ Ryan Sampson, CCIM, of Eshenbaugh Land Co. in Tampa, Fla., represented the seller in the more than $4.2 million sale of 65 acres of land in Ruskin, Fla., to an undis- closed buyer. Jack V. Owens, CCIM, of Lee & Associates Charles- ton in Charleston, S.C., Moorings in the more than $3.4 million sale of the 11,280-sf Stoney's Plaza in Naples from Blueprint Punta Gorda LLC. Offi ce Big Deal ³ R. Craig Coppola, CCIM, and Andrew Cheney, CCIM, of Lee & Associates Arizona in Phoenix represented Phoenix Investors #17, 20, 21 LLC in the more than $40.8 million sale of 279,503 sf of offi ce space in Tempe, Ariz., to KDI Investments. ³ Cathy A. Jones, CCIM, of Sun Com- mercial Real Estate in Las Vegas and three partners represented CFRE Holdings LLC in the $13.4 million purchase of a 39,600-sf of ce property in Rancho Cucamonga, Calif., from an undisclosed seller. ³ Beau Beery, CCIM, of Coldwell Banker Commercial M.M. Parrish in Gainesville, Fla., represented Nalbandian Properties in the 20-year, more than $10.2 million lease of 40,000 sf of of ce space in Gainesville to the Alachua County Supervi- sor of Elections. ³ Kevin D. Chin, CCIM, of Sperry Van Ness in San Francisco represented 807 Montgomery LLC in the more than $5.2 million purchase of 10,540 sf of of ce space in San Francisco from an undis- closed seller. Land Big Deal ³ Brett Killips, CCIM, and Jeff McCammon, CCIM, of Cushman & Wakefi eld in Edmonton, Alberta, and two partners negotiated the $12 million sale of 210 acres of residential development land near St. Albert, Alberta, from an undisclosed seller to an undisclosed buyer. ³ William H. Rollins Jr., of Land Solutions in Fort Myers, Fla., and a partner represented Univer- sity Highlands Partnership in the $10.2 million sale of 73 acres of land in Estero, Fla., to Pulte Home Corp. Rollins and a partner also represented Jef ery D. Gargiulo in the more than $9.7 million sale of 620 acres of land in Naples, Fla., to T e Trust of Public Land. ³ Frank Hammond, CCIM, of Colliers International in Greenville, S.C., and a partner represented Flournoy Development in the more than $7.8 million purchase of six acres of land in Greenville from an undisclosed seller. Hammond and a partner also represented the sellers in the represented Brigade Holding Co. LLC in the $3.4 mil- lion purchase of 9.9 acres of land in Charleston from an undisclosed seller. Owens and Amanda Reeves, CCIM, of Lee & Associates Charleston in Charleston represented King Street Partners LLC in the more than $3.3 million purchase of .27 acres of land in Charleston from TKH Holdings Group. Financing Big Deal ³ Brad Cox, CCIM, of Thomas D. Wood and Co. in Sarasota, Fla., and a partner arranged a $29.6 million construction loan for the 280-unit Estero Oaks Apartments in Estero, Fla., for an undisclosed borrower. ³ Paul B. Natalizio, CCIM, of Cornerstone Realty Capital in Lexington, Mass., arranged the more than $24.3 million ref nancing of three multi- family properties totaling 82 units in Boston for Zeena Realty LLC. Multifamily Big Deal ³ Thomas McConnell, CCIM, of Marcus & Millichap in Elmwood Park, N.J., negotiated the $14 million corporate stock sale of the 130-unit Canterbury Garden apartment complex in North Arlington, N.J., from Canter- DE AL M A K E RS

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