Commercial Investment Real Estate May/June 2017

DEAL MAKERS Jones , CCIM, and 16 S o o z i 17 Bobbi Miracle, CCIM, of Commer- cial Executive Real Estate Services in Las Vegas represented Corley LLC in the more than $4.9 million sale of a 28,762-sf ofﬁ ce building at 2700 Horizon Ridge Henderson, Nev., to First Savings Bank, represented by 18 Cathy Jones, CCIM, of Sun Commercial Real Estate in Las Vegas and four partners. 19 Brian E. Fratzke, CCIM, of Fratzke Commercial Real Estate Advisors in Bend, Ore., negotiated the $4.1 million sale of the 21,000-sf Westside Medical Center from Deschutes Properties LLC to Guten Foods. 20 John R. Homsher, CCIM, of Podol- sky Circle|CORFAC International in Des Plaines, Ill., and two partners represented Kapadia and Sons Ltd. in the $3.2 million sale of the 11,909-sf Centegra Milestone Therapy Center in Crystal Lake, Ill., to a Chicago-based private investment group. Retail 21 BIGDEAL H.P.“Smitty” Smith, CCIM, of Gibson Smith Realty Co. in Char- lotte, N.C., represented a private Char- lotte-based developer in the $30 million sale of 25 free-standing Sherwin-Williams Paint stores located in four states, to vari- ous individual investors, investment funds, and individual LLCs. Shopping Center in Kansas City, Mo., to Jasper Stone Stateline Station LLC repre- sented by 23 Ember Grummons, CCIM, of Investors Realty in Omaha, Neb. 24 Arthur Nachman, CCIM, of Long and Foster Commercial Real Estate in Vienna, Va., represented a private investor group in the more than $8.7 million purchase of a 16,350-sf retail property in 1638-1670 Western Blvd Jacksonville, N.C., from an undisclosed seller. 25 Lee Zerivitz, CCIM, of CITY Com- mercial in Winter Park, Fla., represented Krause Family LLP in the $8 million sale of the 61,255-sf Vine Street Plaza Cen- ter in Kissimmee, Fla., to Vine Street Plaza Investors LLC represented by 26 Drew Forness, CCIM, of Forness Properties in Winter Park. 27 Troy Morgan, CCIM, of Structure Commercial in Dallas and a partner repre- sented PTT Empire Investments Corpora- tion in the $6.8 million sale of the 26,713-sf Shops of Grapevine Mills retail center in Grapevine, Texas, to an undisclosed buyer. Morgan and a partner also represented Shoquist Investments IV in the $4.5 million purchase of the 17,836-sf Hebron Parkway Shopping Center in Carrollton, Texas, from an undisclosed seller. 28 Joshua Brown, CCIM, of Haag Brown 22 David Havens, CCIM, of Jared Com- mercial in Springﬁ eld, Mo., represented Jared Properties LLC in the $11.6 million purchase of the 162,000-sf Stateline Point 46 Commercial in Jonesboro, Ark., negotiated the $5.6 million sale of a 55,000-sf retail property in Jonesboro from THAYS LLC to Tech Friends. 29 Simeon Spirrison, CCIM, and 30 George Spirrison, CCIM, of Adelphia Properties in Oak Brook, Ill., represented an undisclosed buyer in the $5.2 million purchase of a 11,810-sf retail building located at 1480 N. Orchard Rd in Aurora, Ill., from an undisclosed seller. Multifamily BIGDEAL 31 Brett Olson, CCIM, of Grandbridge Real Estate Capital in Minne- apolis and a partner represented an undis- closed buyer in the more than $43.7 million purchase of the 336-unit Quarters at Iowa City student housing complex in Iowa City, Iowa, from an undisclosed seller. 32 T. Sean Lance, CCIM, of Vertica Com- mercial Advisors in Tampa, Fla., and a part- ner represented JWC Crosswynde LLC in the more than $28.3 million sale of the 252- unit Crosswynde condominium complex in Tampa to Crosswynde Owner LLC. 33 David J. Stevens, CCIM, and 34 Clint L. Sherwood, CCIM, of Invest- ment Properties Corporation negotiated the more than $6.4 million sale of Units 3 and 4 of Collier Health Park Condominiums in Naples, Fla., from CHP Erie Investors to Patton Ave Holdings LLC. 35 Cass Stephens, CCIM, of RE/MAX Platinum Living-Commercial in Phoenix represented a general partnership in Ari- zona in the $5.9 million sale of the 100-unit Maryland West Apartments at 4530 W McLellan in Glendale, Ariz., to a Virginia- based corporation. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 May | June 2017 COMMERCIAL INVESTMENT REAL ESTATE

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