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Deal Makers

Tuesday August 14th, 2012

NAI Friedland recently set a new one-month record for commercial transactions the metropolitan New York area. Combined retail, office, and industrial deals represented more than $22.8 million and 83,000 square feet of space. Carl Silbergleit and Ellen Benedek, representing the landlord, Fordham Place Office, closed a 30,000 SF lease deal in the Bronx, taking a new $120 million dollar 14-story 162,463 SF office tower from 70 to 100 percent occupancy within one year.

Also of NAI Friedland, Robin Herko and David Scotto, closed a record-setting six deals in June –notably, the negotiation of a 10,100 square foot lease between JJ Operating Inc. (landlord) and 1775 Grand Concourse Food Corporation (tenant) in the Bronx, the monthly revenue for the six properties is approximately $12 million dollars.

NAI Capital’s Philip T. Attalla and Richard Horn with Ontario’s Commerce office represented the Buyer, CenterPoint Properties in the purchase of a 106,055 SF industrial building located in Ontario, Canada. In conjunction with the sale, Attalla and Horn also represented the tenant, Passport Food Group, in the long term lease of the property from the Landlord, Centerpoint Properties. The combined values of the transactions were approximately $15.2 million.

NAI Alliance’s Scott Shanks, Dominic Brunetti and Chase Whittemore represented the landlord J.B. Company, LLC (Quest Diagnostics) in a lease renewal deal in Sparks, Nevada and a lease transaction deal of an 8,000 SF office park for client Video Gaming Technologies in Reno, Nevada.

NAI Realvest’s Thomas E. Hankins and Eric Parrs negotiated $6.6 Million Sale of 54 Acre urban city center park entitled for approximately 1,478 multi-family units, 192,000 square feet of retail facilities and 60,000 square feet of office space representing the seller, GAHA Oviedo LLC of San Diego. Josh Hibbits, John McDonald and Peter Sheahan of NAI DESCO recently brokered the sale of a 1.8 million SF shopping mall located in St. Louis, Missouri. Northwest Plaza; the largest mall in Missouri. NAI DESCO is marketing the property for the new owners Northwest Plaza.

NAI Horizon’s Stacie Harrison negotiated the sale of a 44,088 SF office building representing the buyer, STORE Capital for $10,000,000. The property is located in Scottsdale, Arizona.

Also of NAI Horizon, Patrick Sheehan and Tom Young negotiated the sale of a 43,400 SF industrial building representing the seller, Brennan & Wheeler Limited Partnership, for $1,810,000. The property is located in Phoenix, Arizona.

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