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/649656
45 March | April | 2016 CCIM.com Andrew Chason, CCIM, of Marcus & Millichap in Fairhope, Ala., and a partner represented an LLC in the more than $12.6 million sale of a 70,065-sf Publix-anchored shopping center in Alabaster, Ala., to Publix. ³ Elizabeth Clare, CCIM, of Avison Young in Las Vegas repre- sented CML-NV Longford in the $8.3 million sale of the 42,008-sf Longford Shoppes at Summerlin in Las Vegas to Diversif ed Business Strategies. ³ Daniel Stewart, CCIM, of Sperry Van Ness/Stewart Commercial Group LLC in Ann Arbor, Mich., repre- sented an undisclosed buyer in the more than $6.9 million purchase of a 15,600-sf shopping center in Auburn Hills, Mich., from an undis- closed seller. DE AL M A K E RS Retail Big Deal ³ H.P. Smith, CCIM, of Gibson Smith Realty Co. in Charlotte, N.C., repre- sented multiple LLCs in the $43 million sale of 18 Walmart-anchored shadow shopping centers in nine southeastern states totaling 331,300 sf to a private investor. ³ Laurie Ann Drinkwater, CCIM, of Marcus & Millichap in New Haven, Conn., and a four partners negotiated the more than $27.7 million sale of two shopping centers totaling 193,633-sf in Amherst, Ohio, and Shef eld Village, Ohio, from an undisclosed seller to an undisclosed buyer. Drinkwater and a partner also represented a private invest- ment group in the more than $10 million sale of a 13,255-sf CVS drugstore in Kennebunk, Maine, to a private investor. ³ Michael Milano, CCIM, of Colliers International in Tampa, Fla., and a partner represented Skylark Plaza LLC in the $25.5 million sale of the Courtyard at Countryside retail center in Clearwater, Fla., to an af liate of North American Develop- ment Group. ³ Stephen Horn, CCIM, and Ian Black, CCIM, of Ian Black Real estate in Sarasota, Fla., represented BBC Plaza LLC in the $18.1 million purchase of the 245,000-sf Main Plaza retail center in Sarasota from Sarasota Main Real Estate LLC. ³ Kevin Markwordt, CCIM, of Transwestern in Atlanta and a partner represented a private seller in the $13 million sale of the 128,667-sf East Cherokee Village Shoppes in Wood- stock, Ga., to PMAT Cos. ³ Nick Miner, CCIM, of Orion Investment Real Estate in Scottsdale, Ariz., negotiated the more than $3.8 million sale of the 40,240-sf Power Road Plaza in Mesa, Ariz., from Cowan Oliver Investments LLC to Power Road LLC. Miner also negotiated the more than $3 million sale of a 10,014-sf NNN investment property in Anthem, Ariz., from Anthem Heritage LLC to Ira Stegner. ³ Michael Yurocko, CCIM, of SLC Commercial in Stuart, Fla., represented Roberts Equities LLC in the $3.5 million sale of the 44,000-sf Coral Square Shoppes in Ft. Pierce, Fla., to a South Florida investor. Cathy Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and four partners represented 5651 Holdings LLC in the $3.5 million sale of the 12,874-sf Russell Cross- ings retail center in Las Vegas to an undisclosed buyer. ³ Thomas F. Campenni, CCIM, of T omas F. Campenni Co. in Stuart, Fla., and a partner negotiated the 10-year, more than $3 million lease renewal of a 2,500-sf retail property in New York City from the owner to Just Salad. Trisha Talbot, CCIM, of Newmark Grubb Knight Frank in Phoenix and Todd M. Perman, CCIM, of Newmark Grubb Knight Frank in Atlanta and two partners represented Integrated Medical Services in the more than $140.8 million sale of a medical of ce portfolio totaling 406,894 sf in the Phoenix metro area to Physicians Realty Trust. The Biggest Deal