Buyers & Sellers
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Buyers & Sellers

Morton G. Thalhimer, Inc. negotiated the acquisition of a 20.97-acre parcel at the intersection of Hull Street Road and Winterpock Road in Chesterfield County, VA. Wal*Mart Stores East, LP acquired the parcel from EDCO, LLC for $11.43 million. The company represented the buyer, who plans to develop a Wal*Mart Supercenter on the site, which is part of the Hancock Village Shopping Center. The company
also negotiated the sale of Parham One Shopping Center, an 83,000 sq.ft. center located at the intersection of Parham Road and Brook Road in Henrico County, VA.
The center includes Big Lots, Wachovia, Mattress Warehouse and Family Dollar as tenants. Parham Shopping Center, LLC acquired the property from Parham One Center, LLC for $6.225 million.

For more information regarding the Hull Street Road property, contact C. Lee Warfield, III, Morton G. Thalhimer, Inc., 1313 East Main Street, Suite 400, Richmond, VA 23219; 804-697-3487, Fax 804-697-3479;
Email: lee.warfield@thalhimer.com.

For more information regarding Parham One Shopping Center, contact Connie Jordan Nielsen; 804-697-3569;
Email: connie.nielsen@thalhimer.com.

GMH Capital Partners is selling Palmer Super Center, a 100,696 sq.ft. neighborhood shopping center located in Easton, PA. The 100% leased center is anchored by a 69,135 sq.ft. Redner’s Warehouse Market. The net operating income is $970,000.

For more information, contact Bill Tourtellotte, GMH Capital Partners, 10 Campus Boulevard, Newtown Square, PA 19073; 610-355-8097;
Email: wtourtellotte@gmhcp.com.

CB Richard Ellis brokered the $11.475 million sale of North Hills Square, a 63,829 sq.ft. center located along University Drive in Coral Springs, FL. The center is anchored by Wal*Mart Neighborhood Market and cotenants include Wendy’s. WCOT Nor Hills Square, LLC acquired the center from Stiles West Associates, Ltd. The company represented the seller.

For more information, contact David Donnellan or William Strauss, CB Richard Ellis, 5355 Town Center Road, Suite 701, Boca Raton, FL 33486; 561-393-1606/1615, Fax 561-393-1650;
Emails: david.donnellan@cbre.com and william.strauss@cbre.com;
Web site: www.cbre.com.

Or Richard Tarquinio or Todd Weintraub, 777 Brickell Avenue, Suite 900, Miami, FL 33131; 305-381-6410 or 305-779-3119, Fax 305-381-6462;
Emails: richard.tarquinio@cbre.com and todd.weintraub@cbre.com.

Keller Williams San Francisco Properties, on behalf of a client, is looking to acquire one or two sites throughout the western U.S. Suitable properties should be NNN with AAA tenants. The property should feature a Cap rate
above 6.5% and be located away large metropolitan areas.

For more information, contact Evan Longert, Keller Williams San Francisco Properties, 1500 Franklin Street, San Francisco, CA 94109; 415-202-9900 or 650-714-3826;
Web site: www.thelangertgroup.com.

Allied Co. is looking to acquire parcels, commercial pad sites or outparcels adjacent to major retailers throughout AZ and CA.

For more information, contact Nick Danesh or Tuul Chuluunbaatar, Allied Co., 11454 San Vicente Boulevard, Los Angeles, CA 90049; 310-820-2000 Ext.222 or Ext. 243,
Emails: nd@alliedcompany.com or tc@alliedcompany.com;
Web site: www.bhmalls.com.

The Nathanson Retail Group of Marcus & Millichap Real Estate Investment Services negotiated the $9.5 million sale of Country Square Shopping Center, an 80,000 sq.ft. center located along West End Boulevard in
Quakertown, PA. The center is anchored by Goodwill, Sears and Swan Pantry Grocery. The company represented both parties as U.S. Real Estate Acquisitions, LLC acquired the center from
Saul Associates.

For more information, contact Spencer Yablon, The Nathanson Retail Group of Marcus & Millichap Real Estate Investment Services, 1628 JFK Boulevard Suite 1200, Philadelphia , PA 19103;
215-557-0900, Fax 215-557-0966.

Amercon Realty Service, Inc. is selling a 14,690 sq.ft. CVS drug store in northern VA. The freestanding store is situated on a 2.39 acre parcel and is located adjacent to a new 47,000 sq.ft. Bloom-anchored shopping center, currently under construction, the store is scheduled to be completed during November or December. The company is also selling a 14,820 sq.ft. Walgreens drug store, situated on 1.40
acres, in Dover, DE. Opening is slated by January 2008.

For more information, contact Barry Lammersen, Amercon Realty Service, Inc., 480-481-0600, Fax 480-481-9718;
Email: blamm@ix.netcom.com.