Commercial Investment Real Estate Spring 2021 | Page 48

OFFICE
Marcus Pitts , CCIM , Justin Lossner , CCIM , and Michael Minard , CCIM , with JLL represented an undisclosed seller in the $ 10.5 million sale of an office property in Aktoona , Iowa . The trio also represented an undisclosed seller in the $ 5 million sale of a 36,436- sf office asset to an undisclosed buyer
Jill Rasmussen , CCIM , and a colleague with Davis in Minneapolis represented Xchange MOB Partners LLC in its more than 15-year , $ 14.32 million lease of a 19,000-sf office property in St . Louis Park , Minn ., to a medical firm .
Jason Reddington , CCIM , with LevRose Commercial Real Estate represented an undisclosed seller in the more than $ 4.34 million sale of a 49,493-sf office building in Phoenix to an undisclosed buyer in a 1031 exchange . He also represented an undisclosed seller in the more than $ 4.07 million sale of a vacant 41,000-sf office property in Mesa , Ariz ., to an undisclosed buyer . Reddington also represented Forever Corporate in its more than $ 3.41 million , 66-month lease of 23,020 sf of office space in Scottsdale , Ariz ., to One American Bank .
Robin Santiago , CCIM , represented Scott Cooley in the sale of a 42,363-sf office property in San Jose , Calif ., for $ 16.55 million to an undisclosed buyer . She also represented Walt Hoefler in the $ 4.8 million sale of a 6,780-sf office property in Cupertino , Calif ., to the Great Enlightenment Lotus Society of Northern California .
LAND
BIG DEAL Jim Dunham , CCIM , and a colleague represented the buyer and seller , both undisclosed , in a $ 20 million deal for 21 acres of land in Sioux Falls , S . D .
Enn Luthringer , CCIM , with CRE Consultants represented Encompass Health Corp . in its more than $ 4.08 purchase of 7.31 acres of land in Cape Coral , Fla ., from LG Pine Island and Pondella LLC .
Marc Magliarditi , CCIM , and two colleagues with Logic CRE represented an undisclosed seller in the $ 7.4 million sale of 12.95 acres of land in Las Vegas .
Steve Massell , CCIM , represented Red Rock LLC in its $ 5 million sale of 25 acres in Cumming , Ga ., to Westshore Realty Partners .
Michael Reeves , CCIM , with Adams Commercial Real Estate represented Waken Meat Company in its $ 6.9 million sale of a 3.5-acre plot of land in Atlanta to Middle Street Partners .
Jim Dunham , CCIM
Dave Wallace , CCIM
Justin Thibaut , CCIM , with LSI Companies in Fort Myers , Fla ., represented an undisclosed seller in the more than $ 6.72 million sale of 10.58 acres of land in Naples , Fla ., to an undisclosed buyer .
RETAIL
BIG DEAL Dave Wallace , CCIM , with CRE Consultants represented Golden Paws Assistance Dogs Inc . in the $ 6.35-million purchase of a 29,901-sf retail space in Naples , Fla ., from TMCFM , Inc .
Daniel Berger , CCIM , with U . S . Commercial Realty in Lancaster , Pa ., represented Good ’ s Store in its $ 4.55 million purchase of a 92,500-sf former Kmart retail property in Ephrata , Pa ., from an undisclosed seller .
Michael Campbell , CCIM , with NNN Investment Co . in San Diego represented an undisclosed seller in the more than $ 5.77 million sale of a Starbucks location in Dana Point , Calif ., to an undisclosed buyer .
Faraz Cheema , CCIM , and Ron Struthers , CCIM , with Coldwell Banker Commercial NRT in Potomac , Md ., represented Coastal Land Inc . in the $ 3.7 million purchase of a 31,400-sf retail property in Richmond , Va ., from WPB & DSF LLC through a 1031 exchange .
Terry Earnest , CCIM , with Chesterfield Commercial Realty represented HSW LLC and RMW1 LLC in its $ 7.15 million sale of a 153,682-sf retail property on 11 acres in North Chesterfield , Va ., to 360W CAF1 LLC represented by Josh Peck , CCIM .
Gary Heinfeld , CCIM , Christi Royse , CCIM , and two colleagues represented an undisclosed seller in the more than $ 8.22 million sale of three Kneakers Café locations .
Amelia Henry , CCIM , with Logic Commercial Real Estate represented EQ Sahara LLC in its $ 8.6 million sale of a retail center in Las Vegas to VIV Sahara Rainbow LLC . She and a colleague also represented Sahara Fitness LTD in its more than $ 6.22 million sale of a 42,355-sf retail property in Las Vegas to Chad W . Clay .
A . Scott Henry , CCIM , represented BH Properties in Dallas in the $ 4.4 million purchase of an 87,000-sf retail property in Corsicana , Texas , that was formerly a Gander Outdoors , from an undisclosed seller .
Gary Lyons , CCIM , and a colleague with Avison Young represented LSP Verris Eastchester LLC in the $ 9.45 sale of Eastchester Shopping Center , a 63,000- sf retail property in High Point , N . C ., to Peters Development LLC .
46 COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE SPRING 2021