Commercial Investment Real Estate

JUL-AUG 2016

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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July | August | 2016 CCIM.com R. Craig Coppola , CCIM, Andrew Cheney , CCIM, and Gregg Kafka, CCIM, of Lee & Associates in Phoenix and two partners represented an undisclosed lessor in the more than $3.1 million lease of 174,917 sf of office space to an undisclosed lessee. John Bevon, CCIM, of Avison Young in Charleston, S.C., repre- sented Trolley-BOI LLC in the more than $1.7 million purchase of a 14,418-sf office building in Summerville, S.C., from SAL Investments LLC. DE AL M A K E RS Office Big Deal Brian Whitmer, CCIM, of Cushman & Wakefield in East Rutherford, N.J., and four partners negotiated the $20 million sale of an 87,000-sf office building in Morristown, N.J., from Morristown Holdings LLC to National Business Parks. Stuart Mackey, CCIM, of Coldwell Banker Commercial Hathaway Group in Little Rock, Ark., represented Little Rock School District in the $11.5 million purchase of 247,067-sf of office space in Little Rock from Baptist Health. Timothy C. Macker Jr., CCIM, of Coldwell Banker Commercial Westmac in Los Angeles represented 5995 Sepulveda Properties LLC in the more than $11.1 million sale of a 24,086-sf office property in Culver City, Calif., to Reading Properties. Mark E. Douglas, CCIM, of Cushman & Wakefield | alhimer in Glen Allen, Va., and a partner represented an undisclosed seller in the more than $8.1 million sale of the 74,8262-sf Villa Park office property in Henrico County, Va., to 8040 Villa Park LLC. Reid Davis, CCIM, of Lee & Associates in Charleston, S.C., represented UIG First Properties LLC in the more than $6.8 million purchase of a 42,500-sf office building in North Charleston, S.C., from an undisclosed seller. Dan Sight, CCIM, of Sight Commercial Realty LLC in Kansas City, Mo., represented Better Homes and Gardens Real Estate in the more than $3.8 million lease of 15,800 sf of office space in Overland Park, Kan., to an undisclosed lessee. Retail Big Deal Edward Jordan , CCIM, of Northeast Private Client Group in Shelton, Conn., represented a family trust in the more than $8.8 million sale of a 21,000- sf retail property in Hartsdale, N.Y. to a local investor. Cathy Jones , CCIM, of Sun Com- mercial Real Estate in Las Vegas and four partners represented Siegel Plaza LLC in the $2.3 million sale of a 10,480-sf retail plaza in Las Vegas to an undisclosed buyer. Curtis Skomp , CCIM, of Re/Max Keys Connection in Key West, Fla., represented a private seller in the $2 million sale of an 18,000-sf retail center in Key Largo, Fla., to an undisclosed buyer. Land Big Deal William H. Rollins Jr. , CCIM and a partner, of Land Solutions in Fort Myers, Fla., represented an undisclosed seller in the more than $38.4 million sale of 2,576 acres of land in North Naples, Fla., to Metro Exchange. Edward Hanley, CCIM, of Hanley Investment Group in Corona Del Mar, Calif., and a partner negotiated the $72.5 million sale of the 187,035-sf Stevenson Ranch Plaza shopping center in Santa Clarita, Calif., from a local investor to InvenTrust Properties Corp. The Biggest Deal

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