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/92705
sf of offi ce space in Dallas from an undisclosed lessor. John K. Crotty, CCIM, of Colliers International South Florida in Coral Gables, Fla., and a partner represented OneBlood in the $9.8 million purchase of a 75,000-sf offi ce building in Fort Lauderdale, Fla., from the Florida Depart- ment of Financial Services. Salvatore Bonsignore, CCIM, of Colliers Interna- tional South Florida and a partner represented the seller. Thomas F. Campenni, CCIM, of T omas F. Campenni Co. in Stuart, Fla., negotiated the 7-year, more than $5 mil- lion lease of 22,500 sf of offi ce space in New York to Leaddog Marketing Group LLC from an undisclosed lessor. ¶Timothy C. Macker Jr., CCIM, of Coldwell Banker Com- mercial in Los Angeles rep- resented an undisclosed seller in the $4.5 million sale of an 18,000-sf offi ce property in Los Angeles to an undis- closed buyer. Retail Big Deal Daniel B. Cromwell, CCIM, of R.E. Source in Newport Beach, Calif., represented the City of Redondo Beach in the more than $7 million purchase of a 17,240-sf retail property in Redondo Beach, Calif., from Jamison Properties. Bruce R. Schiff, CCIM, of Cassidy Turley in San Diego and two partners represented Ultimate Capital LLC in the 10-year, $2.8 million lease of CCIM.com 15,812 sf of retail space in San Diego to Chuck E. Cheese's. ¶Daniel G. Stewart, CCIM, of Sperry Van Ness/Stewart Commercial Group LLC in Ann Arbor, Mich., repre- sented Zeeb Partners LLC in the more than $2.3 million purchase of a 12,000-sf retail center in Scio Township, Mich., from Zebra Holdings LLC. Preston Babey, CCIM, and Ryan Babey, CCIM, of Colliers International in Regina, Saskatchewan, negoti- ated the $2.1 million sale of a 45,000-sf retail property in Melville, Saskatchewan, from CPI Crown Properties to First Aberdeen Properties. Financing Big Deal ´Shahid K. Abdulla, CCIM, of Broadway National Bank in San Antonio, Texas arranged the more than $20 million fi nancing of a 225-unit stu- dent housing project in San Antonio. Tony Carlson, CCIM, of Grandbridge Real Estate Capi- tal in Minneapolis arranged the more than $8.8 million refi nancing of a 125,000-sf offi ce and retail portfolio in Golden Valley, Brooklyn Park, and Minnetonka, Minn., for an undisclosed borrower. Carlson also arranged the $5.3 million fi nancing of a 175,000-sf industrial portfolio in Roseville, Minn. Multifamily ´Jerry L. Hall, CCIM, of NAI Ohio Equities in Columbus, Ohio, represented a private investor in the more than $8 million purchase of two multifamily properties totaling 596 units in Columbus from Spectrum Capital. CCIM ROI ³When Davide Pio, CCIM, of BCRE in Pinole, Calif., was look- ing for a multifamily property for his client to purchase, he turned to his CCIM network. A CCIM can- didate whom Pio had met through the Northern California CCIM Chapter knew a seller with a 31-unit multifamily property in Oakland, Calif. "He gave me the inside scoop over a month before the property hit the market," Pio says. Know- ing the seller's motivations, Pio was able to close the $6.3 million deal and save his client approximately $200,000. "T ere was a higher off er, but we knew the seller's priority was timing," Pio adds. ¶Thomas McConnell, CCIM, of Marcus & Millic- hap in Elmwood Park, N.J., and a partner negotiated the $7.3 million sale of a 75-unit multifamily property in Mah- wah, N.J., from K. Hovnanian Enterprises to Norfolk Inves- tors LLC. Michael A. Fowler, CCIM, of Brown Investment Prop- erties in Greensboro, N.C., and a partner represented an undisclosed seller in the $4.3 million sale of a 296-unit multifamily community in Charlotte, N.C., to Atlanta Capital Advisors. Submit transactions to Deal Makers, CIRE, 430 N. Michigan Ave., Chicago, IL 60611; e-mail to dealmakers@ccim.com; or fax to (312) 373-8219. Include a high-res digital color property photo or head shot if available. Advertisers' Index CCIM Education ..........................5 CCIM Legislative Advocacy ..........7 CCIM Membership ............ cover 3 CCIM Spring Meetings ...............13 CCIM Technologies ...............9, 11 Century 21 ........................ cover 2 CIRE Bulk Subscriptions ............19 Esri ............................................15 Grandbridge Real Estate Capital ......................3 Re/Max International ......... cover 4 Ward Center for Real Estate Studies ...................17 Looking for more information on a product or service? Visit our advertiser Web links on CIRE magazine's Web site at CCIM.com/cire. For advertising information, contact: Rich Rosfelder at (312) 321-4507 or rrosfelder@ccim.com. November | December | 2012 47