Plaza Advisors Announces Sale of Collins Park Commons Shopping Center in Plant City, FL

TAMPA, FL, April 16, 2012 -- Plaza Advisors is pleased to announce the sale of the Collins Park Commons shopping center (top left photo) located in Plant City, Florida.

The asset is situated at the intersection SR 39 and Park Road. The shopping center contains 37,458 square feet of total of gross leasable area and is anchored by a 29,000 sf Tractor Supply store. The improvements were constructed in 1989 and the occupancy was 90% at the time of sale.

Plaza Advisors represented the seller in the transaction and was the sole broker involved in the transaction. The seller and buyer were RCG Ventures, LLC and Coastal Equities, respectively. 

 Contact:

Jim Michalak

Managing Partner

Plaza Advisors

3412 Bay To Bay Boulevard

Tampa, FL 33629

813.837.1300 Ext. 101

Fax 831.2627

jim.michalak@plazadvisors.com

www.plazadvisors.com

Voit Real Estate Services Directs $6.2 Million Sale of Arizona Shopping Center

Phoenix, AZ (April 16, 2012) –Voit Real Estate Services’ Phoenix and Irvine offices have successfully directed the $6.2 million sale of Santan Gateway South (top left photo) on behalf of the seller.

  The 57,038 square-foot retail shopping center, located at 1305-1445 South Arizona Ave in Chandler, Ariz., is anchored by Sam’s Club and has a mix of national, regional, and local tenants including Starbucks, Subway, and The Mattress Firm, according to Darren Tappen (lower left photo), Senior Vice President in Voit’s Phoenix office.

Tappen worked with Troy Nelson and Scott Nelson of Voit’s Phoenix office, and Pete Beauchamp of Voit’s Irvine office to represent the seller, one of the country’s largest special servicing companies.

“This property was 40 percent occupied when the seller brought the assignment to Voit, and our in-house asset services team put together a thorough lease-up and disposition strategy,” said Tappen. 

“Our team increased occupancy to 66 percent within a few months of taking on the project, bringing the asset much closer to stabilization.  The success we had in increasing the occupancy prior to disposition allowed us to market the asset to a broader range of investors, and ultimately yielded the maximum value for our client.”

The buyer, Eleven Investments LLC, was represented by Matthew Olson of Property Resources Group, LLC.

Contact: 

Jenn Quader/ Judith Brower

Brower, Miller & Cole

(949) 955-7940

JQuader@browermillercole.com

New Faces and Assignments at Marcus & Millichap

 Four Agents Added to National Retail Group in Chicago

CHICAGO, IL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named four Chicago Downtown agents to new positions in the firm’s National Retail Group, according to Bill Rose, national director of the National Retail Group.

Michael J. Marks (top right photo), Evan L. Halkias (top left photo) and Scott A. Niedergang (middle right photo) have been named directors of Marcus & Millichap’s National Retail Group and Gino Lollio (middle left photo) has been named associate director.

Marks, Halkias and Niedergang were formerly associate directors and Lollio was previously a member.

Marks joined Marcus & Millichap in July 2004. During his career, he has closed 120 transactions valued at more than $310 million. Halkias has been with Marcus & Millichap since December 2004 and has closed 109 transactions worth over $249 million.

John J. Godwin and Paul E. Kerber Are New NRG Senior Directors in Detroit

DETROIT, MI – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named John J. Godwin (mid-right photo) and Paul E. Kerber (mid-left photo) as senior directors in the firm’s National Retail Group in Detroit, according to Bill Rose, national director of the National Retail Group.

Godwin joined Marcus & Millichap in March 2000. During his career, he has closed 163 transactions valued at more than $539 million.

Kerber has been with Marcus & Millichap since April 1998 and has closed 124 transactions worth over $900 million.

Joel Deis Gets Sales Manager Post in Seattle

 SEATTLE, WA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Joel Deis (mid-right photo) sales manager of its Seattle office, according to Justin C. White, vice president and regional manager of the office.

 “Joel has extensive commercial real estate experience as an investment specialist,” says White. “He will be an asset to our brokerage team, and instrumental in expanding our national market-making capabilities to clients in Seattle and throughout the Pacific Northwest.”

Kirk L. Trammell Named Senior Director of NRG in Palo Alto, CA

 PALO ALTO, CA – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named Kirk L. Trammell (lower right photo) senior director of the firm’s National Retail Group in Palo Alto, according to Bill Rose, national director of the National Retail Group.

 Trammell joined Marcus & Millichap in June 1989. During his career, he has closed more than $1 billion in commercial property transactions.

Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

Niedergang began his career with Marcus & Millichap in July 2007 and has closed 39 transactions with a total value greater than $111 million. Lollio has been with Marcus & Millichap since March 2008. He has closed 49 transactions valued at more than $53 million.