Commercial Investment Real Estate September/October 2013 - Page 48

DE AL MAKERS The Biggest Deal Paul B. Natalizio, CCIM, of Cornerstone Realty Capital in Stoneham, Mass., arranged the $29 million f nancing of a 100-unit multifamily property in Boston for the Mount Vernon Co. Multifamily Big Deal ´Robert G. Lowe, CCIM, of Sherwood Realty Group in Brant- ford, Ontario, negotiated the $17 million sale of a 146-unit multifamily portfolio in Brampton, Ontario, from the original developer to a local investor. ³John Gallagher, CCIM, of TRI Commercial/Cor- fac International in Rocklin, Calif., negotiated the more than $15.3 million sale of the 156- unit Austin Creek Apartments in Vallejo, Calif., from Austin Creek Apartments LP to DE Village Austin Creek LLC. ³Todd D. Clarke, CCIM, of NM Apartment Advisors in Albuquerque, N.M., represented an undisclosed seller in the $12 million sale of a 248-unit mul- tifamily portfolio in Albuquer- que to an undisclosed buyer. Julie L. Lux, CCIM, and James M. McCaffrey, CCIM, of Cassidy Turley in Minneapolis represented Dominium in the $11 million sale of the 175-unit Oakdale 46 September | October | 2013 Village Apartments in Oak- dale, Minn., to a local private equity buyer. ´Thomas McConnell, CCIM, of Mar- cus & Millichap in Elmwood Park, N.J., and a partner negotiated the more than $7 million sale of the 56-unit Martha Washington Apart- ments in Clif on, N.J., from Martha Washington LLC to Rega Clif on LLC. closed lessor to Leisure Arts. Kenneth A. Shebib, CCIM, of Colliers Interna- tional in Edmonton, Alberta, negotiated the more than $3.3 million sale of a 6,000- sf Kuusamo Developments property in Fort McMur- ray, Alberta, from Kuusamo Developments to Alberta Industrial Sheet Metal. Hospitality ³Chandler Brewer, CCIM, ¶Edward M. Penick Jr., CCIM, of Coldwell Banker Commercial Hathaway in Little Rock, Ark., represented Albert Pike Resi- dential Hotel Ltd. in the $3.9 million sale of a 135-unit multi- family property in Little Rock to Summit Albert Pike LP. of Brewer Bro- kerage Co. in Asheville, N.C., negotiated the $7.7 million sale of a 109-room Hampton Inn in Hendersonville, N.C., from an undisclosed seller to an undisclosed buyer. Industrial Big Deal Big Deal ´A. Scott Henry, CCIM, of Mohr Capital in Dallas negotiated the 10-year, $6 million lease of a 205,000-sf industrial property in Little Rock, Ark., from an undis- Retail ´Kevin D. Chin, CCIM, of Sperry Van Ness in San Francisco repre- sented Columbus Avenue II in the $17.7 million purchase of a 68,525-sf 24 Hour Fitness Super-Sport in Livermore, Calif., from an undisclosed seller. Alex Zylberglait, CCIM, of Marcus & Millichap in Miami and two partners negotiated the more than $17.3 million sale of a 20,393-sf net-leased Staples property in Miami from 2121 Biscayne Blvd. LLC to an undisclosed buyer. Zylberglait and two partners also represented a private investment group in the more than $11.7 million sale of the 75,592-sf Essex Shopping Cen- ter in Hialeah, Fla., to a private investment group. ³T. Patrick Murray, CCIM, of Grant-Murray Real Estate LLC in Fayette- ville, N.C., and ³Jay Taylor Jr., CCIM, of Sperry Van Ness in Raleigh, N.C., represented Curtis Dail in the more than $8.3 million sale of a 19,728-sf CarMax in Fayetteville to an undisclosed buyer. ´Timothy C. Macker Jr., CCIM, of Cold- well Banker Com- mercial Westmac in Los Angeles represented a private overseas developer in the more than $5.2 million purchase of a 22,500-sf retail property in Santa Monica, Calif., from a private seller. Offi ce Big Deal ³Hubert King, CCIM, of Treeline Realty and Investment in Temple City, Calif., and a partner negoti- ated the $9.8 million sale of 50,000 sf of offi ce space Commercial Investment Real Estate