Commercial Investment Real Estate Spring 2020 | Page 48

OFFICE
INDUSTRIAL
BIG DEAL Ian Grusd, CCIM, with Ten-X in New York
represented Fin Associates in its $17.6 million sale of a
204,000-sf industrial property in Bridgewater, N.J., to
an undisclosed buyer.
David Sigmon, CCIM, Matt Vanvick, CCIM, and
Pete Brett, CCIM, with Coldwell Banker Commercial
Caine represented an undisclosed investor in the
$17.56 million purchase of a multi-location portfolio
totaling 50,210 sf in multiple cities in South Carolina.
Phil Fischler, CCIM
LAND
BIG DEAL Phil Fischler, CCIM, with Fischler Prop-
erty Company represented 2220 West First Street -
Fort Myers LLC in its $12.5 million sale of 5.3 acres in
Fort Myers, Fla., to ESH Fort Myers LLC.
Cathy Jones, CCIM, and two partners with Sun
Commercial Real Estate represented an undisclosed
lessor in the more than $3.47 million contract for 12
acres of land in North Las Vegas, Nev.
Scott Hensley, CCIM, and Lester Osborn, CCIM,
with Piedmont Properties of the Carolinas represented
an undisclosed buyer in the $5.4 purchase of a 38,458-
sf, 23.43-acre industrial property in Charlotte, N.C.
Farrah Lemanski, CCIM
Carter Kennemur, CCIM, with Kennemur &
Associates in Raleigh, N.C., represented FWL3 LLC
in its more than $3.45 million sale of 74.17 acres of
land for industrial development in Wake Forest, N.C.,
to Merritt Properties.
Liz Clare, CCIM
Si Pitstick, CCIM, with Newmark Knight Frank
represented Lantana Cascade Investors Ltd. in its
$16.65 million sale of a 479,598-sf industrial property
in Cincinnati to Vegas Decatur LLC. Pitstick also
represented an undisclosed lessor in a more than
$10.96 million lease for a 640,000-sf industrial
facility in Memphis, Tenn.
RETAIL
BIG DEAL Liz Clare, CCIM, with Avison Young rep-
resented Monterey Vista Village Shopping Center in
its more than $7.27 million sale of the Shoppes on
Rainbow in Las Vegas, totaling 64,610 sf.
MULTIFAMILY
Ian Grusd, CCIM
BIG DEAL Beau Beery, CCIM, with Coldwell Banker
Commercial Worldwide represented both undisclosed
parties in the $30.35 million sale of GREMCO Port-
folio, a 461-unit multifamily property in Gainesville,
Fla. He also represented an undisclosed seller in the
$4.2 million sale of a 60-unit multifamily property in
Tallahassee, Fla.
Marc Magliarditi, CCIM, and a colleague with Logic
Commercial Real Estate in Las Vegas represented
ESN Properties 19-03 LLC in the $5.4 million
purchase of a 19,611-sf retail property in Henderson,
Nev., from Southern Hills Community Church.
George Renz, CCIM, with Renx & Renz in Gilroy,
Calif., represented Kline Trust in its $6.45 million
purchase of a 18,000-sf retail grocery location in
Williams, Calif.
Beau Beery, CCIM
Robin Santiago, CCIM, with the Kase Group in San
Jose, Calif., represented the Brunst Family Trust in its
$4.1 million purchase of a 27,000-sf retail space in
Roseville, Calif., from Jung Investment LLC.
COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE
Devin Lee, CCIM, with Access Commercial
Mortgage represented an undisclosed seller in the
more than $4.53 million sale of Revive Arts District
Studios, a 56-unit multifamily property in Las Vegas.
MIXED-USE
Dan Kemp, CCIM
46
Cathy Jones, CCIM, and four colleagues with Sun
Commercial Real Estate represented an undisclosed
seller in a $3.5 million transaction for a 17,720-sf
industrial property in Las Vegas.
Ron Jurgenson, CCIM, with Reichle Klein Group in
Toledo, Ohio, represented both parties in a more than
$4.62 million sale of a 157,550-sf industrial property
in Pioneer, Ohio, from Kidston Family Companies
Ltd., also represented by Tim Echemann, CCIM, to
ATD Properties LLC.
FINANCING
BIG DEAL Farrah Lemanski, CCIM, with Center-
State Bank in Vero Beach, Fla., coordinated $9.6 mil-
lion in financing for Keiser University to construct a
42,000-sf office building in Naples, Fla.
Mike Bobick, CCIM, with Granite City Real Estate
represented two groups in the $8.1 million sale of
two business parks — West River Business Park in
Waite Park, Minn., and Benton Business Park in Sauk
Rapids, Minn. — totaling 120,000 sf to an undisclosed
buyer represented by Patrick Hart, CCIM.
BIG DEAL Dan Kemp, CCIM, with Compass Com-
mercial Real Estate Services represented Chandler
Center LLC in its $13.15 million purchase the Bend
Bulletin building, which includes 86,445 sf of office
and industrial space on 9.78 acres, in Bend, Ore., to
Western Communications.
SPRING 2020