Commercial Investment Real Estate May/June 2017 - Page 46

DEAL MAKERS THE BIGGEST DEAL Neil Merin, CCIM, of NAI Merin Hunter Codman in West Palm Beach, Fla., represented Colonade Properties in the $71.5 million purchase of the 447,667-sf Centrepark Offi ce Buildings in West Palm Beach from JP Morgan Investment Management. Merin also represented Admiralty Acquisition Co. LLC in the more than $18.5 million sale of an 80,300-sf offi ce building in Palm Beach Garden, Fla., to Dr. A. John Merola. Industrial BIGDEAL 1 Kerry Mann, CCIM, of Pacifi ca Commercial Realty in Santa Bar- bara, Calif., and fi ve partners represented an undisclosed buyer in the more than $15.7 million purchase of a 220,000-sf industrial building at 1650 Ramada Drive Paso Robles, Calif., from an undisclosed seller. 2 Jeff Heaton, CCIM, of Newmark Grubb ACRES in Salt Lake City repre- sented MMM Investments LLC in the $9.1 million sale of the 145,889-sf Blue Chip Centennial industrial space in Salt Lake City to 1833 South LLC. 3 James Center, CCIM, of Newmark Grubb Knight Frank in the City of Indus- try, Calif., and three partners represented Lamps Plus in the $7.1 million purchase of a 57,427-sf industrial space in Redlands, Calif., from David Link. 4 Chase Brieman, CCIM, of CBRE in Madison, Wis., negotiated the $6 million sale of an 848,000-sf industrial building at 1220 W. Fulton Street in Edgerton, Wis., from Hendricks Commercial Properties to Phoenix Edgerton LLC. 2 1 9 44 May | June 2017 5 Darrell Okada, CCIM, and 6 Arie Salomon, CCIM, of NAI Puget Sound Properties in Bellevue, Wash., represented CAM Properties LLC in the $5.9 million sale of a 30,912-sf industrial and offi ce building in Mukilteo, Wash., to Fisher Investments LLC. Realty in Omaha, Neb., and a partner rep- resented a tenant-in-common ownership group in the $11.5 million sale of a 121,202- sf offi ce space in Omaha to Sterling Offi ce and Industrial Properties. 7 Brian T. Ahearn, CCIM, of Coldwell Banker Commercial NRT in Aventura, Fla., represented Chubford LLC in the more than $4.3 million sale of a 65,000-sf industrial property at 4031 NE 12th Terrace in Oak- land Park, Fla., to 2900 Gateway Drive LLC. 13 Ben Stout, CCIM, of Atlantic Prop- erties in Plymouth, Mass., represented PartyLite Gifts in the $8.6 million sale of a 96,000-sf offi ce building in Plymouth to Plymouth Rising Tide Foundation Corporation. Offi ce BIGDEAL 8 Kevin Huchingson, CCIM, 9 Isaac Smith, CCIM, and 10 Lee Strother, CCIM, of Colliers Inter- national in Little Rock, Ark., negotiated the more than $19.4 million sale of a 181,720- sf offi ce/warehouse space in Lakeland, Fla., from 300 West Lime (Lakeland) LLC/ Huntsville/LAF/CJC/PEM to Lakeland West Lime LLC. Huchingson and Smith also negotiated the $13.3 million sale of the 101,100-sf Parkway Commons building in Plano, Texas, from Parkways Commons LP to Parkway Commons Partners. 3 10 4 11 5 12 11 Ember Grummons, CCIM, and 12 Tim Kerrigan, CCIM, of Investors 14 Gordon J. Greene, CCIM, of Hanna Commercial Real Estate in Charlotte, N.C., and a partner negotiated the $6.8 million sale of 97 post offi ce property sites located in 27 states from Lake Holdings LLC to Nationwide Real Estate of Chicago. 15 Keoni Fursse, CCIM, of Kokua Realty LLC in Kahului, Hawaii, represented Robert and Lisa Joslin in the more than $5.5 mil- lion sale of a 35,622-sf offi ce complex in Wailuku, Hawaii, to Maui Academy of Per- forming Arts. 6 13 7 14 8 15 COMMERCIAL INVESTMENT REAL ESTATE