Commercial Investment Real Estate Winter 2020 | Page 48

RETAIL
Dan Adamski, CCIM, with JLL represented Houston
Harbaugh in its more than $6.76 million lease of
Three Gateway Center, a 26,548-sf office building in
Pittsburgh from Hertz Gateway Center LP. He also
represented HDR Inc. in its more than $8.86 million
lease of 35,487 sf of office space in One Oxford Center
in Pittsburgh.
BIG DEAL: John Stroich, CCIM, with Green Valley
Management Ltd. represented LS Properties in its
$34.16 million purchase of the Kildonan Crossing
Shopping Centre, a 180,000-sf retail property in
Winnipeg, Canada, from RIOCAN Real Estate
Investment Trust.
George W. Brusco, CCIM, of Merritt Realty
Corporation represented Benderson Development
in the $6.9 million purchase of a 14,230-sf retail
property in Sarasota, Fla., from Diventi St.
Armands LLC.
John Stroich, CCIM
Scott Seyfried, CCIM, with Pace Properties
represented Viking Partners in its $20.85 million
sale of Ballwin Plaza, a 204,859-sf retail property in
St. Louis, to Select Strategies.
Peter Ciriello, CCIM
Steve Dorenbush, CCIM, with Keller Williams
Commercial in Puyallup, Wash., represented
Royallade LLC in its more than $3.97 million sale
of 10.8 acres of land in Tacoma, Wash., to Copart of
Washington.
T. Sean Lance, CCIM, of Vertica Partners in Tampa,
Fla., represented both parties in SMSHP-TBTV Inc.’s
$3.25 million sale of 85 acres in Riverview, Fla., to
Rhodine Development LLC.
BIG DEAL: Yakhin B. Israel, CCIM, arranged a
$40.9 million non-recourse bridge loan to finance
the acquisition and renovation of a 13-property,
336-unit multifamily portfolio in Atlanta for an
undisclosed buyer.
Beth Harrelson, CCIM, of PMC Real Estate Capital
in Raleigh, N.C., arranged the $7 million refinancing
of a Lowe’s Home Improvement Center in Fayetteville,
N.C., for an undisclosed borrower.
OFFICE
BIG DEAL: Cathy Jones, CCIM, with Sun Commercial
Real Estate in Las Vegas represented Patriot Real
Estate Holdings LLC in its $19.45 million purchase
of a 60,499-sf office property in Henderson, Nev.
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COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE
Neil Merin, CCIM, with NAI/Merin Hunter Codman
represented GB Palm Beach in its more than $4.67
million lease of 12,147 sf of office space in Palm Beach
Gardens, Fla., to Cohen Milstein Sellers & Toll.
Bill Oates, CCIM, of Captex Commercial Properties
in Austin, Texas, represented an undisclosed buyer in
the $14 million acquisition of the 218,000-sf Centre
One office building in Houston from Pacifica Centre
One, represented by David Carter, CCIM.
Yakhin B. Israel, CCIM
Robin Santiago, CCIM, of the Kase Group
represented Minh Q. Thai and Clive Fuller in their
$3.3 million purchase of 2.05 acres of land in Morgan
Hill, Calif., from Sunnyvale Life Inc.
FINANCING
Scott Henry, CCIM, of BH Properties represented
an undisclosed buyer in the $14.5 million purchase
of Reserve at Park Ten, a 145,000-sf Class A office
property in Houston.
Marc Magliarditi, CCIM, with Logic CRE in Las
Vegas represented TAG Coronado 1 LLC in the
$11.5 million sale of a 51,573-sf office building to an
undisclosed buyer.
LAND
BIG DEAL: Peter Ciriello, CCIM, with LA
Commercial in Santa Monica, Calif., represented an
undisclosed buyer in a $6 million acquisition of land
in Los Angeles.
Steve Dorenbush, CCIM, with Keller Williams
Commercial Offenbecher in Puyallup, Wash.,
represented Olson Investments LLC in its $5.5
million sale of a 30,320-sf office building in
Bremerton, Wash.
Cathy Jones, CCIM
Steve Offenbecher, CCIM, with Keller Williams
Commercial Offenbecher represented Pulse Heart
Institute and MultiCare Health Services in 7-year
renewal of current leases valued at $3,998,877
for 15,470 sf of office space. He also represented
MultiCare Health Services in the 10-year, $3.15
million lease of 10,032 sf in the Good Samaritan
Medical Office Building in Puyallup, Wash.
Davide Pio, CCIM, of BCRE in San Francisco
represented Shreemaya Krishnadham Group in
its $8.3 million sale of a 30,000-sf facility in
Fremont, Calif.
Michel Turcotte, CCIM, with Royal LePage
Commercial represented a government health care
entity in two leasing transactions worth more than
than $9.23 million for 48,000 sf of office space
in Montreal.
Frank D’Ostilio, CCIM
SPECIALTY
BIG DEAL: Frank D’Ostilio, CCIM, of Real
Living Wareck D’Ostilio represented Overseas
Ministry Service Center in its $5 million sale of
three buildings in New Haven, Conn., to Albertus
Magnus University. The property is adjacent to
Yale University and includes residential, office, and
general-purpose areas.
WINTER 2020