4A — August 23 - September 12, 2019 — M id A tlantic

Real Estate Journal


2019 PA/NJ/DE CCIM CHAPTER OFFICERS John Birkeland, CCIM President ROCK Commercial Realty Stacy Martin, CCIM

Deal Makers

NAI Emory Hill broker Neil Kilian, SIOR, CCIM recently represented the landlord at Little Falls Centre in Wilmington, DE, in several significant office lease transactions totaling approximately 70,000 SF and in excess of $20 million in value; tenants included global fabric manufacturer Lycra, as well as CSC, PNC Bank and accounting firm Gunnip & Assoc. NAIEmoryHillAssociateBrokerDavidR.Morrison,CCIMalsorecently represented the landlord in several large office lease transactions in the New Castle Corporate Commons in New Castle, DE totaling 50,000+ SF; tenants included the Colonial School District, NAES Corporation, Westside Family Healthcare and C.E.R.T.S. Morrison also completed the sale of Society Office Complex, totaling 36,000 SF, at 1000 Society Drive in Claymont, DE .

Vice President Hankin Group

Jeff Kurtz, CCIM Secretary/Treasurer High Associates, Ltd.

Jeffrey Hoffman, CCIM Immediate Past President JPH Realty Advisors 2019 PA/NJ/DE CCIM CHAPTER DIRECTORS John Berenato, CCIM Past President Healthcare Realty Solutions Michele Countis, CCIM Chair, Designation Jackson Cross Partners Dragan Dodik, CCIM Regional Chair, Central PA Pennian Bank Philip Earley, CCIM Chair, Nominating Lieberman Earley & Company Jonathan Epstein, CCIM Chair, Public Relations Macada Properties Cindy Feinberg, CCIM Regional Chair, Lehigh Valley Feinberg Real Estate Advisors Craig Fernsler, CCIM Chair, Legislative KW Commercial, Blue Bell Eric Gorman, CCIM Past President Cushman & Wakefield Neil Kilian, CCIM, SIOR Regional Chair, Delaware NAI Emory Hill Laura Martin, CCIM, CPM, WBE Chair, Membership SVN Latus Commercial Realty Group Melissa Meyer, CCIM Chair, Education

Deals from High Associates Ruth Devenney, CCIM, SIOR and Jeff Kurtz, CCIM sold 352 W. Main St., Leola, PA to Chateau Farms, LLC for $780,000. The property was an NNN retail property sold at a 7.6% cap rate.

Bill Boben, SIOR, CCIM and Jeff Kurtz, CCIM sold 3929 Columbia Avenue, Columbia, PA to C&T Properties for $649,000. This property was a standalone Rita’s location to be converted to a Dunkin Donuts.

Jeff Kurtz, CCIM sold 566 E Main St., New Holland, PA to Chateau Farms, LLC for $620,000. This property was an NNN office building.

Over the past year, Jeffrey Hoffman, CCIM from JPH Realty Advisors has represented Ocwen Financial Corporation in the successful disposition of 8 small balance REO Properties in the Philadelphia Metro and Lehigh Valley Markets. The total value of the transactions was $999,000. The Ocwen project was a referral from an out of market CCIM Designee. CCIM tools have been instrumental in streamlining the listing process and enabling quick, efficient, completed transactions for the client.

Brandywine Realty Trust Andrew Miller, CCIM Regional Chair, Pittsburgh CBRE

Tom Skeans, CCIM Chair, Scholarships SVN Kathy Sweeney-Pogwist Regional Chair, Philadelphia Metro Brandywine Realty Trust

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