Sperry Van Ness is selling a T.J. Maxx in Staunton, VA for $4.7 million with a Cap rate of 9.33%. The lease expires during October 2012 with five, five-year options. This offering contains a T.J. Maxx master leased building containing 78,823 sq.ft., with a portion of the building subleased to Nautilus Fitness. The site is part of a 13-acre shopping center anchored by Food Lion Supermarket and is across from the Staunton Mall.

For more information, contact Brad Cruickshank, Sperry Van Ness, 6115 Camp Bowie Boulevard, Suite 110, Fort Worth, TX 76107; Web site: www.svn.com.

Metro Commercial Real Estate, Inc. has brokered the sale of three properties valued at more than $1.5 million. The deals include a 2.6-acre parcel in Monroe, NJ and a one-acre parcel in Washington Township, NJ, as well as a 2.5-acre parcel in Berks, PA. The company represented RGK Development in the purchase of the parcel located at Route 42 and Berlin-Cross Keys Road in Monroe. The property is adjacent to Sam’s Club. The company represented Salvatore Amoroso in the acquisition of a one-acre parcel located at the intersection of Route 47 and Egg Harbor Road in Washington Township. The company also represented Chapin Lumber and Supply Co. Trust in the sale of a 2.5-acre property located at the intersection of 4930 Fifth Street Highway and Tuckerton Road in Muhlenberg, PA.

For more information, contact Daniel J. Hughes, Metro Commercial Real Estate, Inc., 303 Fellowship Road, Suite 202, Mt. Laurel, NJ 08054; 856-222-3013; Email: dhughes@metrocommercial.com.

Wissman Commercial Real Estate is representing 1031 clients. The first client has $5 million cash and is looking for infill retail properties with strong residual aspects. The client would buy short term below market leased properties. The second client has $10 million cash and is looking for retail or industrial properties throughout strong market areas. The buyer will consider shopping centers with a strong supermarket anchor. The third client will buy sites in the $2 million to $10 million range and is looking for retail or industrial sites with a long-term lease, a strong residual situation and higher Cap rates.

United Realty is selling a 191,000 sq.ft. center in NC for $7.5 million with a Cap rate of 10.5%. The center has a new 38,000 sq.ft. theater.

John Garabedian Realties is seeking to acquire, on behalf of an institutional buyer, Ahold assets such as BI-LO, Bruno’s Supermarkets, Tops Markets, Giant Food, Peapod, Stop & Shop and U.S. Foodservice. The company requires a minimum of $10 million on a one-off transaction for a distribution center and a minimum of $20 million in a portfolio of retail stores up to $150 million.

Real Estate Solutions is selling a 32.92-acre site in Saugatuck, MI with an average daily traffic count of 25,200 vehicles. Area demographics include a population of 1,088,514 within the trade area. The site is adjacent to Belvedere Inn and Red Barn Playhouse and is 0.5 miles to Ravines Golf Course, a newly-developed Arnold Palmer-designed golf course with housing. The asking price is $3.37 million.

CB Richard Ellis represented the seller in the disposition of Forest Oaks Shopping Center, a 30,600 sq.ft. strip center situated on a land area of 3.2 acres located at the intersection of Green Oaks Boulevard and Forestwood Drive in Arlington, TX. The center is 100% occupied and has 13 tenants.

Morris Management, Inc. is selling NNN locations in Houston, TX and a Kansas City, MO suburb. The company is offering a Cap rate in the 7.15% range for a prime asset.