Matanky Realty Group, Inc. is looking to acquire properties in a 1031 exchange, particularly strip centers located throughout IL for up to $2 million.

For more information, contact JeTaun Morrow, Matanky Realty Group, Inc., 200 North LaSalle Street, Suite 2350, Chicago, IL 60601; 312-977-2016;

Email: jmorrow@matanky.com.

Pointe Development Co. is selling a 3.24-acre parcel located across from Wal*Mart Supercenter in Clermont, FL. Located at the intersection of U.S. Highway 27 and Anderson Hill Road, the site has an average daily traffic count of 33,500 vehicles. Area demographics include a population of 48,468 within
five miles.

For more information, contact Alan Sakowitz, Pointe Development Co., 1111 Kane Concourse, Suite 401F, Bay Harbor Islands, FL 33154; 305-861-3737, Fax 305-865-3434;

Web site: www.pointecompanies.com.

Tri Commercial is representing a client looking to acquire single- or multi-tenant retail properties nationwide. The sites have absolute NNN leases and priced up to $5 million with Cap rates of at least 8%.

For more information, contact Ali Sharifi,
Tri Commercial, 2250 Douglas Boulevard, Suite 200, Roseville, CA 95661;
916-677-8162, Fax 916-671-7298;

 Email: asharifi@tricommercial.com.

Gebroe-Hammer Associates completed the sale of two multi-family and mixed-use properties in NJ totaling $52 million. The transaction included the $26 million sale of Washington Square Apartments, located on Cedar Bridge Avenue in Lakewood, NJ. The two, four-story garden apartment buildings include 20,000 sq.ft. of high-end retail stores. The transaction also included a two-property apartment complex package in Linenwold and Haddonfield for $26 million.

For more information, contact Gebroe-Hammer Associates, 2 West Northfield Road, Livingston, NJ 07039; 973-994-4500, Fax 973-994-9752;

Web site: www.gebroehammer.com.

Topaz Realty, LLC is looking to acquire shopping centers priced at $25 million and up with Cap rates of at least 6%. The company is looking to acquire sites in major markets nationwide with national anchors and has 1031 exchange money.

For more information, contact Larry Sandlin, Topaz Realty, LLC, 28 Drifting Wind Run, Austin, TX 78738; 512-261-4467 or 512-771-7263, Fax 512-261-4942;

Email: lbsandlin@aol.com.

Primerica Group One, Inc. is representing a client looking to acquire anchored properties nationwide. The client needs up to $92 million in quality exchange properties and the sites must be trophy locations.

For more information, contact Don
Ianitelli, Primerica Group One, Inc.;
407-774-8914, Fax 407-774-9332;

Email: dianitelli@earthlink.net.

Kowit & Passov Real Estate Group is selling Ashtabula Towne Center, a 118-acre development located at the intersection of Route 11 and Route 20 in Ashtabula, OH, for between $100,000 to $400,000 per acre. The site is adjacent to a regional mall and Lowe’s Home Improvement. The average daily traffic count is 24,360 vehicles.

For more information, contact Julie R. Harchalk, Kowit & Passov Real Estate Group, 25200 Chagrin Boulevard, Suite 300, Beachwood, OH 44122; 440-969-1221 or 440-228-9254, Fax 216-514-5106;

 Email: jharchalk@kowitpassov.com;
Web site: www.kowitpassov.com.

Argue Properties is selling a 35-acre parcel located on North Highway 169 in Owasso, OK for $12.476 million.

For more information, contact Jim Burcham, Argue Properties, 401 South Boston, Suite 2424, Tulsa, OK 74103; 918-587-1900;

Email: jburcham@argueproperties.com;
Web site: www.argueproperties.com.

Top Brokers, Inc. is selling a 3,116 sq.ft. Zaxby’s location in Woodstock, GA at the intersection of Highway 92 and South Cherokee Lane for $2.2 million, or $706 psf. The restaurant site has an average daily traffic count of 60,000 vehicles.

For more information, contact Top Kervin, Top Brokers, Inc.; 404-406-6422;

 Email: top@sysmatrix.net.

CB Richard Ellis is selling Richwood Retail Center, a 10,090 sq.ft. center located on South Kirkwood Road in Houston, TX, for $2.694 million at a Cap rate of 7.5%. Situated on a land area of 1.1 acres, the center is tenanted by Texas BBQ, Sweet Surrender and Shapiro’s Pizza. It has a net operating income of $207,671.

For more information, contact Tom Lynch, Derek Hargrove and Alisha Renshaw, CB Richard Ellis, 2700 Post Oak Boulevard, Suite 400, Houston, TX 77056; 713-840-6559/6694/6672;

 Emails: tom.lynch@cbre.com, derek.hargrove@cbre.com and alisha.renshaw@cbre.com;
Web site: www.cbre.com/pcgnvestment.

REZA Investment Group, Inc. is selling Lighthouse Plaza, a 17,600 sq.ft. Starbucks-anchored shopping center located in Orlando, FL. Nearby draws include Universal Studios, Wet N’ Wild Park and Sea World.

For more information, contact REZA Investment Group, Inc., 3 Park Plaza, Suite 550, Irvine, CA 92614; 949-833-3380, Fax 949-833-3382; Web site: www.rezacompanies.com.

Equity Alliance Fund, LLC is looking to acquire strip centers, power centers and malls nationwide priced at $10 million and up. The sites must have GLAs of at least 100,000 sq.ft. and, preferably, debt free. The company is looking to invest $500 million.

For more information, contact David B. Walters, Equity Alliance Fund, LLC, 6755 Daly Road, West Bloomfield, MI 48322; 248-737-4041, Fax 248-737-5198;

Email: dbw@lormaxstern.com.

Grubb & Ellis is selling freestanding sites throughout NJ and PA. In NJ, the company is selling: a 1,500 sq.ft. site on North Albany Avenue in Atlantic City for $850,000; a 1,500 sq.ft. site on Black Horse Pike in Glendora for $550,000; a 1,296 sq.ft. site on Church Road in Maple Shade for $800,000 and a 1,260 sq.ft. site on Fischer Boulevard in Toms River. In PA, the company is selling a 1,500 sq.ft. site on Chew Street in Philadelphia for $525,000.

For more information, contact Scott Martin or Matthew Devine, Grubb & Ellis; 856-334-2111 or 610-879-4532.

Paramount Realty Services, Inc. and Kimco Realty Corp. acquired Whiting Commons, a 105,000 sq.ft. shopping center located at the intersection of Route 70 and Route 539 in Whiting, NJ. The sellers, National Retail Properties and Ronco Development, were represented by Metro Commercial Real Estate. Whiting Commons is anchored by a 70,000 sq.ft. Super Stop & Shop and tenanted by Subway, H&R Block, Hair Cuttery, Ocean County Library, Wawa, Wendy’s, Ocean First Bank and two fully-approved pad sites.

For more information, contact Nicole Johnson, Paramount Realty Services, Inc.; 732-961-8123;

 Email: njohnson@prs-nj.com.

TriStar Realty Group, LLC is selling a 1.08-acre site in Bradenton, FL. Area retail includes Lowe’s Home Improvement, Best Buy and Dick’s Sporting Goods. The average daily traffic count is 22,500 vehicles.

For more information, contact Peter R. Logan, TriStar Realty Group, LLC, 101 Riverfront Boulevard, Suite 180, Bradenton, FL 34205; 941-749-0300, Fax 941-749-0306;

Web site: www.tristarrealtygroup.com.