Commercial Investment Real Estate July/August 2018 | Page 48
DEAL
MAKERS
17 Ian Grusd, CCIM, of Ten-X in New York
City and 18 Jeff Pollock, CCIM, of Pollock
Commercial in Atlanta represented VIII FS
Norcross LLC in the more than $4.5 million
sale of a 107,454-sf office complex in Nor-
cross, Ga., to an undisclosed buyer.
Multifamily
BIGDEAL
19
Beau Beery, CCIM, of
Coldwell Banker Commercial M.M. Parrish
Realtors in Gainesville, Fla., negotiated the
more than $15.2 million sale of the 218-
unit Weston Square multifamily property in
Gainesville from Weston Square Apartments
LLC to Gator Apartments Investor LLC.
20 Martin Blum, CCIM, of Colliers Inter-
national in Richmond, Va., represented
RICDL1 LLC in the more than $12 million
purchase of the 122,000-sf One Monu-
ment Avenue multifamily property in Rich-
mond from One Monument Avenue LLC.
21 Todd Clarke, CCIM, of NM Apartment
Advisors in Albuquerque, N.M., represented
an undisclosed seller in the $6.2 million sale
of the 120-unit Village at Four Hills multifam-
ily property located at 13101 Wenonah Ave.
in Albuquerque to Wakeland Housing.
22 Cy Fox, CCIM, of CBRE | Hubbell Com-
mercial in West Des Moines, Iowa, repre-
sented a California-based private investor
in the $5.1 million purchase of a 108-unit
apartment portfolio located at 221 E.
McKinley Ave. and 530 E. Kenyon Ave. in
Des Moines, Iowa, from Kenwood-Rose-
wood Apartments LLC.
23 Christian J. Schedler, CCIM, of Larry
G. Schedler & Associates in Metairie, La.,
represented an undisclosed seller in the
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more than $4 million sale of the 69-unit
Villas at Emerald Park in Gretna, La., to an
undisclosed buyer.
24 John Edwards, CCIM, of Carolina
Apartment Advisors in Myrtle Beach, S.C.,
represented Middleburg Capital LLC in the
$3.4 million purchase of the 332-unit Caro-
lina Forest Towne Center in Myrtle Beach
from an undisclosed seller.
25 Bob Fredrickson, CCIM, of Coldwell
Banker Commercial Danforth in Federal
Way, Wash., negotiated the $3.3 million
sale of a 12,000-sf multifamily development
property located in Seattle from Benla Real
Estate LLC to Pastakia & Associates LLC.
Industrial
26
BIGDEAL
Kerry Mann, CCIM, of
Pacifica Commercial Realty in Santa Bar-
bara, Calif., and a partner negotiated the
$10 million sale of a 355,000-sf greenhouse
industrial property located at 3561 Foothill
Road in Carpinteria, Calif., from an undis-
closed seller to an undisclosed buyer.
27 Becky Blair, CCIM, of Coldwell Banker
Commercial Blair WESTMAC in Long
Beach, Calif., and a partner represented
Lanco Exchange in the more than $7 mil-
lion sale of an 8.2-acre industrial property
in Signal Hill, Calif., to an undisclosed indus-
trial developer.
28 Darrell Okada, CCIM, and 29 Arie
Salomon, CCIM, of NAI Puget Sound
Properties in Bellevue, Wash., represented
Woodinville Reserve Holdings LLC in the
more than $6.9 million sale of a 42,700-sf
industrial property in Woodinville, Wash.,
to Woodinville Self Storage LLC.
30 Todd Hamilton, CCIM, of Cutler Com-
mercial in Phoenix and a partner negotiated
the more than $6.8 million sale of a 129,890-
sf industrial property in Phoenix from ELM
Properties LLC to an undisclosed buyer.
31 Ralph Valentine, CCIM, of The Val-
entine Group in Londonderry, N.H., repre-
sented an undisclosed seller in the $4.3 mil-
lion sale of a 102,798-sf industrial property
located at 1 B Street in Derry, N.H., to an
undisclosed buyer.
Hospitality
BIGDEAL
32
Ken Bailey, CCIM, of NAI
TALCOR in Dothan, Ala., represented a pri-
vate investment group in the $9.1 million
purchase of the 251-unit Mobile Marriott
located at 3101 Airport Blvd. in Mobile, Ala.,
from an undisclosed seller.
33 Ian Grusd, CCIM, of Ten-X in New York
City and a partner represented Mid-West-
ern Hotel Partners LLC in the more than $3
million sale of the former Sheraton Hotel in
Kansas City, Mo., to an undisclosed buyer.
34 Kent J. Ducote, CCIM, of Truman &
Co. in Key West, Fla., and a partner repre-
sented a private party in the more than $3
million purchase of the 9-unit Artist House
on Fleming Guest House in Key West from
the Artist House on Fleming LLC.
Land
BIGDEAL
35
George L. Renz, CCIM,
of Renz & Renz Investment & Commercial
Brokerage in Gilroy, Calif., represented the
Filice Family LP in the more than $5.1 mil-
lion sale of 29.7 acres of land in Gilroy to an
undisclosed buyer.
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July | August 2018
COMMERCIAL INVESTMENT REAL ESTATE