BIG DEAL : Robert Sawyer , CCIM , SIOR , and John Jinks , CCIM , with Formation Real Estate represented a private trust in the $ 58.9 million acquisition of three industrial properties totaling 530,399 sf through a 1031 exchange with an undisclosed seller represented by Bowie Holland , CCIM , of Empire Texas Equities .
Brian Ahearn , CCIM , with Butters Realty & Management in Coconut Creek , Fla ., represented Nine Realty Group LLC in its $ 3.25 million purchase of a 28,832-sf industrial property in Pompano Beach , Fla ., from DSWC Group Inc .
Daniel Berger , CCIM , Daniel Berger Jr ., CCIM , and two colleagues with U . S . Commercial Realty in Lancaster , Pa ., represented an undisclosed buyer in the $ 6.05 million purchase of a 127,138-sf industrial property in Fowler , Calif ., from an undisclosed seller .
Sue Earnest , CCIM , with Avison Young represented Everwest Real Estate Investors in its $ 11.2 million purchase of a 109,134-sf industrial property in Nashville , Tenn ., from KDN Investments LLC .
Rick Egitto , CCIM , with Avison Young in Denver represented Ranger Energy Services in its $ 13 million sale of a 131,389-sf , 23.32-acre industrial property in Milliken , Calif ., to The Ninigret Group LLC .
Chad Griffiths , CCIM , and two colleagues with NAI Commercial Real Estate represented both the undisclosed buyer and seller in the $ 8.1 million sale of a 54,000-sf industrial property in Edmonton , Alberta . Griffiths and two colleagues also represented an undisclosed seller in the more than $ 7.57 million sale of three buildings with 44,318 sf of industrial space on 3.26 acres of land in Edmonton .
Marcus Pitts , CCIM , Justin Lossner , CCIM , and Michael Minard , CCIM , with JLL in Des Moines , Iowa , represented an undisclosed lessor in a more than $ 3.51 million lease of a 176,000-sf industrial property in Cedar Rapids , Iowa , to an undisclosed lessee . Pitts and Lossner represented another undisclosed lessor in the $ 6.54 million leasing of a 300,000-sf industrial property in Ames , Iowa , to an undisclosed lessee . The two also represented an undisclosed buyer in the $ 4.5 million purchase of a 75-acre industrial property in Altoona , Iowa .
Joe Rossi , CCIM , and a colleague with Colliers International in Orlando represented Flanders Inc . in its $ 50 million , 20-year lease of 715,751 sf of industrial spaces across multiple states to an undisclosed lessee .
Eric Rutherford , CCIM , with WK Real Estate represented Tepuy Properties in its $ 11 million purchase of building with 68,412 sf of industrial space in Broomfield , Colo , from an undisclosed seller .
Robert Sawyer , CCIM
John Jinks , CCIM
Bowie Holland , CCIM
T . Sean Lance , CCIM
Thomas McConnell , CCIM
Mike Bobick , CCIM
Dan Adamski , CCIM
LAND
BIG DEAL : T . Sean Lance , CCIM , with Vertica Partners represented both parties in Tampa Park Apartments Inc .’ s $ 28.5 million sale of 12.75 acres of land in Tampa , Fla ., to Kettler-Shaw for future mixeduse redevelopment .
Ray Rickard , CCIM , and a colleague with Remax 4000 Inc . represented Halandras Investments in its more than $ 10.32 million sale of 176 acres of land in Grand Junction , Colo ., to Foothills Housing 2 LLC .
Justin Thibaut , CCIM , with LSI Companies in Fort Myers , Fla ., represented an undisclosed seller in the more than $ 4.08 million sale of 7.31 acres of land in Cape Coral , Fla ., to an undisclosed buyer represented by Enn Luthringer , CCIM .
MIXED-USE
BIG DEAL : Thomas McConnell , CCIM , and a colleague with Redwood Realty Advisors in Hasbrouck Heights , N . J ., represented both buyer and seller in the $ 3.2 million sale of a mixed-use portfolio in Newark , N . J ., consisting of three buildings .
MULTIFAMILY
BIG DEAL : Mike Bobick , CCIM , with Granite City Real Estate in St . Cloud , Minn ., represented GCRE Investment Fund I LLC in its $ 15.13 million purchase of two multifamily properties in Monticello and Elk River , Minn ., with a total of 87 units from an undisclosed seller .
Cathy Jones , CCIM , and three colleagues with Sun Commercial in Las Vegas represented an undisclosed seller in the more than $ 7.17 million sale of a 126- unti multifamily property in Mesquite , Nev ., to an undisclosed buyer . Jones and three colleagues also represented another undisclosed seller in its $ 3.6 million sale of a 40-unit multifamily property in Las Vegas to an undisclosed buyer .
OFFICE
BIG DEAL : Dan Adamski , CCIM , with JLL in Pittsburgh represented Allegheny Health Network in its more than $ 11.66 million lease of 21,397 sf of office space in Coraopolis , Pa ., from Shallendberger Realty LLC . He also represented Goehring Rutter Boehm in its more than $ 5.69 million lease of 17,160 sf of office space in Pittsburgh from FAC 525 LLC .
Michael Minard , CCIM , and Justin Lossner , CCIM , represented an undisclosed lessor in the $ 5.3 million leasing of a 18,407-sf office property to an undisclosed lessee .
46 COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE SUMMER 2021