LAND
BIG DEAL Russell Noll , CCIM , with Transwestern in San Antonio , represented an undisclosed seller in the $ 15.5 million sale of 24 acres of land in Boerne , Texas , to an undisclosed buyer .
Sage Andress , CCIM , with Sunmark Realty in Tampa , Fla ., represented both parties in Port Charlotte Lots LLC ’ s $ 3.5 million sale of 351 lots in a Placida , Fla ., subdivision to Placida Meridian LLC .
Brian Elrod , CCIM , and Daniel Bennett , CCIM , with NAI / Elrod Group in Watkinsville , Ga ., represented an undisclosed seller of 61.79 acres of land in Athens , Ga ., for more than $ 4.49 million to an undisclosed buyer .
Michael Minard , CCIM , Marcus Pitts , CCIM , and Justin Lossner , CCIM , represented an undisclosed seller in the $ 3.75 million sale of 55 acres in Cedar Rapids , Iowa , to an undisclosed buyer . The trio also represented an undisclosed seller in the $ 3.4 million sale of 80 acres in Bondurant , Iowa , to an undisclosed buyer .
RETAIL
BIG DEAL Jordan Rieffenberger , CCIM , with Lloyd Companies in Sioux Falls , S . D ., represented an undisclosed seller in the $ 33.9 million sale of a 196,794-sf Fleet Farm retail property in Cedar Rapids , Iowa , to an undisclosed buyer .
Russell Noll , CCIM , with Transwestern in San Antonio represented an undisclosed seller in the more than $ 4 million sale of a 12,000-sf retail property in Boerne , Texas , to an undisclosed buyer .
Jason Reddington , CCIM , and David Wallach , CCIM , with LevRose Commercial Real Estate in Glendale in Scottsdale , Ariz ., represented an undisclosed seller in the $ 6.6 million sale of a 16,706- sf retail property in Glendale , Ariz ., to an undisclosed buyer . The two also represented Wallach in the $ 4.1 million sale of Glendale Crossing , a 10,595-sf retail property , to an undisclosed buyer .
FINANCING
BIG DEAL Len Deering , CCIM , represented an undisclosed buyer in arranging a $ 27.2 million mortgage for a 247-unit multifamily property in Roselle , Ill ., from an undisclosed seller .
Byron Aynes , CCIM , with the Overton Group represented the Keystone Management Company in its $ 11.75 million financed purchase of a 136-unit multifamily property in New Bern , N . C ., from an undisclosed seller .
Russell Noll , CCIM
Jordan Rieffenberger , CCIM
Len Deering , CCIM
James Center , CCIM
Neil Sherman , CCIM , with Insignia CRE / Sperry Commercial Global Affiliates in Phoenix , represented four sellers in the more than $ 6.16 million financed sale of four multifamily properties on 4.51 acres in Tempe , Ariz ., to Milhaus Properties .
INDUSTRIAL
BIG DEAL James Center , CCIM , and two colleagues with Newmark in City of Industry , Calif ., represented Swanson Revocable Trust in its more than $ 30.9 million , 87-month lease of 350,000 sf of industrial space to DNA Motors Inc ., represented by Johnson Chien , CCIM .
Dominic Brunetti , CCIM , Chris Shanks , CCIM , and another colleague with Dickson Commercial Group represented an undisclosed seller in the more than $ 26.2 million sale of a 128,259-sf industrial property in Reno , Nev ., to Hidden Valley LLC .
Bryce Custer , CCIM , with NAI Spring in Weirton , W . V ., represented an undisclosed lessee in the $ 14.4 million lease of 275,000 sf of industrial space in North Canton , Ohio , from an undisclosed lessor . He also represented ADO Industries in its $ 4 million purchase of a 38-acre industrial property in Moundsville , W . V .
Tom Fennell , CCIM , with Dickson Commercial represented an undisclosed seller in the $ 5.45 million sale of a 14.760-sf industrial property in Reno , Nev ., to an undisclosed buyer .
Eric Frickle , CCIM , and two colleagues represented CPT Condor Longitude LLC in its $ 15 million , 7-year lease of a 165,257-sf industrial property in Corona , Calif ., to Mediland Corporation . He also represented Benton Road Ventures LLC in its $ 6.2 million purchase Platinum Collision Center , a 22,644-sf industrial space in Winchester , Calif ., from W Development Partners of Temecula LLC .
Stephen Jacquemin , CCIM , with LevRose Commercial Real Estate in Scottsdale , Ariz ., represented an undisclosed seller in a $ 14.9 million transaction for a 162,500-sf industrial asset to an undisclosed buyer .
Brian Ker , CCIM , represented Snowball Developments LLC in its $ 8.65 million purchase of a 75,650-sf industrial property in Garfield , N . J ., from an undisclosed seller .
Dee Maret , CCIM , with Bridgewater Commercial Real Estate in Saint Petersburg , Fla ., represented both parties in Morrow Properties LLC ’ s $ 3.75 million sale of a 3.19-acre industrial property in Pinellas Park , Fla ., to G2 Harness LLC .
46 COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE SPRING 2022