Commercial Investment Real Estate

NOV-DEC 2017

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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COMMERCIAL INVESTMENT REAL ESTATE 46 November | December 2017 DEAL M A K E R S 17 Greg Bedell, CCIM, of Progressive Real Estate Partners in Rancho Cucamonga, Calif., represented a private Huntington Beach, Calif.-based investor in the $4.9 mil- lion sale of the 27,112-sf Dollar General Town Center in San Jacinto, Calif., to a private fam- ily trust based in Newport Beach, Calif. 18 Sandy Shindleman, CCIM, of Shin- dico Realty in Winnipeg, Manitoba, repre- sented Ashley Homestore in the more than $4.2 million lease of the 29,331-sf retail space located at 1000 James St. in Win- nipeg from an undisclosed lessor. Shindle- man also represented Furniture Investment Group in the more than $3.5 million lease of the 21,608-sf retail property located at 1650 Victoria Road East in Whitby, Ontario, from an undisclosed lessor. 19 David J. Stevens, CCIM, of Investment Properties Corp. in Naples, Fla., negoti- ated the $3.4 million sale of the 3,903-sf Le Lafayette restaurant located in Naples from Pratt Shoes to the Jerrilyn M. Hoffmann Revocable Trust. Multifamily 20 BIGDEAL Reid Bennett, CCIM, of SVN | Chicago Commercial and a part- ner represented Indian Trails Apartments LP & Ridge Garden Apartments LP in the more than $26.4 million sale of a 312-unit multifamily property located at 12141 S. Indiana Ave. in Chicago and 10010 S. Sayre Ave. in Chicago Ridge, Ill., to an undis- closed buyer. 21 Dunston Powell, CCIM, of Carolina Commercial LLC in Mount Pleasant, S.C., and a partner negotiated the $16.5 million sale of the 65-unit student housing devel- opment in Clemson, S.C., from NW Orchard Clemson LLC to Orchard Calhoun LLC and Orchard Clemson LLC. 22 Drew Bobincheck, CCIM, of Land- mark Commercial Realty in Lemoyne, Pa., and a partner represented the Catalina Development Co. in the $13 million sale of a 233-unit apartment property located at 329 S. Arlington Ave. in Harrisburg, Pa., to an undisclosed buyer. 23 Jeff Koon, CCIM, of Stratus Property Group LLC, in Atlanta represented a pri- vate equity fund in the $12.2 million sale of the 154-unit River Oaks student hous- ing community in Athens, Ga., and the 243-unit Tumbling Creek student housing community in Gainesville, Ga., to undis- closed buyers. 24 Arthur Nachman, CCIM, of Long and Foster Commercial in Vienna, Va., repre- sented a private equity buyer in the $10.2 million purchase of the 66-unit Argon build- ing located at 3805 Cutshaw Ave. in Rich- mond, Va., from an undisclosed seller. 25 Marcus Pitts, CCIM, and 26 Justin Lossner, CCIM, of JLL in Des Moines, Iowa, represented an undisclosed seller in the $9.8 million sale of the 92-unit multi- family property located at 1603 NW Prairie Lakes Drive in Akeny, Iowa. 27 Kevin Chin, CCIM, of SVN | Pacific Commercial Advisors in San Francisco and a partner represented Willow Glen Apart- ments LP in the $9.5 million sale of the 94-unit Willow Glen Apartments located in Sacramento, Calif., to an undisclosed buyer. Chin and a partner also negoti- ated the more than $5.7 million sale of the 56-unit Seville Apartments located in Ran- cho Cordova, Calif., from Luey Lum Trust to Seville Apartments LLC. 28 Devin Lee, CCIM, and three partners of Northcap Multifamily in Las Vegas rep- resented Burton Hall Properties LLC in the $7.2 million sale of the 144-unit La Ensenada Villas Apartments in Las Vegas to an undis- closed buyer. Land 29 BIGDEAL Antone Brazill, CCIM, of NAI Vegas represented Riverview Hender- son LLC in the $24.5 million purchase of 47 acres of land in Las Vegas from Southern Highland Partners LLC. 30 Jennifer Martin, CCIM, of Mid-Valley Commerical Real Estate LLC in Salem, Ore., and a partner represented Mission Properties LLC in the $7.5 million sale of a 17.5-acre par- cel of land in Salem to an undisclosed buyer. 31 Sandy Shindleman, CCIM, of Shindico Realty in Winnipeg, Manitoba, represented 6787925 Manitoba in the more than $4.1 mil- lion purchase of 41.08 acres of land located in Rosser, Manitoba, from an undisclosed seller. 25 26 21 27 28 19 29 20 22 34 31 33 23 32 24 35 36 37 17 18 30

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