Buyers & Sellers
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Buyers & Sellers

Buyers Realty, Inc. is selling pad sites at the Galleria at Jordan Creek, an 800,000 center located at the intersection of 60th and 68th Streets in West Des Moines, IA for $20 psf. The center is situated on a land area of 80 acres and has pads available from one acre to seven acres. Anchors include Wal*Mart Supercenter and T.J. Maxx. The center is located adjacent to Jordan Creek Town Center, a super-regional mall and the 200-acre Wells-Fargo Home Mortgage campus.

   For more information, contact Marc Ross, Buyers Realty, Inc., 3101 Ingersoll Avenue, Des Moines, IA 50312; 800-747-5500, Fax 866-597-4802; Email: info@buyersrealtyinc.com.

Commercial Net Lease Realty, Inc. is selling a La-Z-Boy store in Atlantic City, NJ for $5.897 million with a Cap rate of 6.25%. The store has a 20-year NNN lease. The company also is selling three Hollywood Video locations in AL, LA and MS. The combined price of the stores is $5.423 million with an initial Cap rate of 8.36%. The stores have NNN leases and are located near regional malls.

   For more information, contact Rebecca Gittens, Commercial Net Lease Realty, Inc., 450 South Orange Avenue, Suite 900, Orlando, FL 32801; 877-NNN-1031, Fax 407-650-1046; Email: rebecca.gittens@nnnreit.com;  Web site: www.nnn1031.com.

R.J. Brunelli & Co., Inc. is selling the following properties: a 3,000 sq.ft. site at the intersection of Hooper Avenue and Mantoloking Road in Brick, NJ; a land area of 0.91 acres at the intersection of Route 23 and Boonton Avenue in Butler, NJ; a land area of 11.5 acres at the intersection of Routes 33 and 34 in Wall Township, NJ; a land area of 4.5 acres on Route 34 in Colts Neck, NJ; 10,000 sq.ft. in Eatontown, NJ; a land area of 1.1 acres at the intersection of Route 35 and Holmdel Road in Hazlet, NJ; 5,000 sq.ft. at the intersection of Route 9 and Tennent Road in Marlboro, NJ; a land area of one acre on Route 27 in North Brunswick, NJ; a pad site of 2,800 sq.ft. on Inman Avenue in Edison, NJ; a pad site of 8,000 sq.ft. at the intersection of Shrewsbury Avenue and Route 35 in Tinton Falls, NJ; a land area of three acres on Route 66 in Neptune, NJ; a land area of 0.9 acres on Forest Avenue in Staten Island, NY; two pad sites on West Shore Expressway in Staten Island, NY; a land area of 50 acres at the intersection of Route 1 and Finnegan’s Lane in North Brunswick, NJ; a land area of 2.25 acres at the intersection of Route 35 and Atlantic Avenue in Sea Girt, NJ and a pad site of 6,500 sq.ft. at the intersection of Route 18 and Racetrack Road in East Brunswick, NJ.

   For more information, contact R.J. Brunelli & Co., Inc., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800, Fax 732-721-9241; Web site: www.njretailrealty.com.

Taylor-Zang Retail Investment Group of Marcus & Millichap is selling Wind Gap Plaza, a 92,512 sq.ft. center located on Male Road in Wind Gap, PA for $13.78 million with a Cap rate of 6.6%. The center is anchored by Giant Foods and shadow-anchored by Big Kmart. The company also sold Whitman Square, a 65,531 sq.ft. center located on Route 42 in Gloucester County, NJ for $5.4 million. The company recently sold 45 exclusive listings and closed 50 single-tenant properties totaling $181.9 million. The company also closed 12 centers totaling $79.5 million.

   For more information, contact Lynn M. Stephan, Mark Taylor or Dean Zang, Taylor-Zang Retail Investment Group of Marcus & Millichap, 1628 John F. Kennedy Boulevard, Eight Penn Center, Suite 1200, Philadelphia, PA 19103; 215-557-0900 or 267-940-9181 for Stephan, Fax 215-557-0966; Emails: mtaylor@marcusmillichap.com,  lstephan@marcusmillichap.com  and dzang@marcusmillichap.com;  Web site: www.marcusmillichap.com.

Fidelity-AMG Realty Partners acquired approximately $80 million of new assets in fourth quarter 2005 acquisitions. The company, along with Investcorp International, Inc., acquired Seaview Square, an 856,437 sq.ft. center located in Monmouth County, NJ. The center is anchored by Target and Costco.

   For more information, contact Louis P. Lagios or Alexander J. Tafro, Fidelity-AMG Realty Partners, LLC, 641 Shunpike Road, Chatham, NJ 07928; 973-966-2800, Fax 973-966-6161.

Vanick Properties, Inc. is looking to acquire properties throughout CT, NJ, NY and PA.

   For more information, contact Nick Aynilian, Vanick Properties, Inc., 381 Broadway, Westwood, NJ 07675; 201-666-7710, Fax 201-666-7714; Email: info@vanickproperties.com;  Web site: www.vanickproperties.com.

P.P.I. Capital, Inc. acquires value-added centers with potential. The company prefers anchored retail projects with a GLA of 80,000 sq.ft. and up with vacancies. Institutional-grade projects are not of interest.

   For more information, contact B.J. Halavi, P.P.I. Capital, Inc., 10850 Wilshire Boulevard, Suite 720, Los Angeles, CA 90024; 310-446-1122, Fax 310-475-5519; Email: bj@ppicapital.net.

Acadia Realty Trust specializes in the acquisition and redevelopment of centers anchored by supermarkets and value-oriented retailers. The company currently owns and operates 113 properties totaling approximately 13 million sq.ft. of GLA, primarily throughout the eastern U.S.

   For more information, contact Joseph J. Povinelli, Acadia Realty Trust, 1311 Mamaroneck Avenue, Suite 260, White Plains, NY 10605; 914-288-8100.

Millennium Commercial & Investment is selling a land area of 0.36 acres on East Montauk Highway for $1.2 million. The company also is selling a 9,125 sq.ft. freestanding building located on Sunrise Highway in West Babylon, NY for $599,000. The company also is selling a 2,400 sq.ft. site located Lindenhurst, NY for $779,000.

   For more information, contact Millennium Commercial & Investment, 1761 New York Avenue, Huntington Station, NY 11746; 631-424-0225, Fax 631-424-6820; Email: brokerre@optonline.net.

The Cotswold Group is looking to acquire neighborhood and community centers with a GLA of up to one million sq.ft. along the East Coast. The company prefers sites with a trade-area population of at least 100,000 and will consider redevelopment and institutional grade property with long-term leases. The company recently acquired three pad sites consisting of a Hollywood Video, Wendy’s and Dunkin’ Donuts for $2 million adjacent to its 130,000 sq.ft. Hunting Park Plaza Center in Philadelphia, PA. The pads are located at the intersection of G Street and Hunting Park Avenue,

   For more information, contact Robert Y. Shasha, The Cotswold Group, 229 Beechmont Drive, New Rochelle, NY 10804-4405; 914-654-0035, Fax 914-654-0188; Email: cotswld@aol.com.

Eastern Union Commercial Real Estate facilitated the sale of the following properties through its online deal-matching service: a center in Norton, VA for $8.35 million and a mixed-use center in Bronx, NY for $4.365 million.

   For more information, contact Eastern Union Commercial Real Estate, 501 Fifth Avenue, Suite 1204, New York, NY 10017; 866-862-4800; Email: info@easternuc.com;  Web site: www.easternuc.com.

Karpoff Affiliates, LLC has acquired over $400 million of pre construction property and is looking to invest in projects.

   For more information, contact Karpoff Affiliates, LLC, The Chrysler Building, 132 East 43rd Street, Suite 343, New York, NY 10017; 212-358-8044, Fax 646-607-7259; Web site: www.karpoffaffiliates.com.

Equity Investment Group is looking to acquire strip centers nationwide with a GLA of at least 75,000 sq.ft. for $2 million and up. Preferred centers have an occupancy rate of 92%.

   For more information, contact Bob Sutton, Equity Investment Group, 111 East Wayne Street, Fort Wayne, IN 46802; 260-426-4704, Fax 260-424-3615.

Sperry Van Ness is selling three 7-Eleven locations in WV that are being offered as new sale-leaseback opportunities. The sites have a Cap rate of 7.25% and absolute NNN leases. The sites have a term of 20 years with four, five-year options and 7.5% bumps every five years. The stores are in Vienna for $1.572 million; Barboursville for $2.815 million and Pineville for $1.572 million.

   For more information, contact Greg Trombley or Michelle Trombley, Sperry Van Ness, 18881 Von Karman, Suite 800, Irvine, CA 92612; 949-225-1823/1890; Email: greg.trombley@svn.com  and michelle.trombley@svn.com;  Web site: www.svn.com.

Fameco Real Estate negotiated the sale of 18 acres on Cowpath Road in Hatfield, PA to Gambone Development Co. The company also negotiated the acquisition of Hazleton Shopping Center, an 84,010 sq.ft. center located in Hazleton, PA. The price was not disclosed. The center is located on West Broad Street and is anchored by Save-A-Lot and Dollar Tree. Cotenants include Bank of America and Rent-A-Center. The seller was Hazleton Shopping Center Associates, LP.

   For more information, contact Diane Weinberg, Fameco Real Estate, 15 East Ridge Pike, Suite 100, Conshohocken, PA 19428; 610-834-8000, Fax 610-834-1793.

Lamar Cos. is looking to acquire centers nationwide with a GLA of 100,000 sq.ft. in a price range of $10 million to $50 million with Cap rates of 8% to 9%. The sites must be at least 70% occupied. Preferred demographics include a population of 40,000 within three miles earning up to $50,000 as the average household income. The company recently acquired Richland Centre, a 231,458 sq.ft. center located at the intersection of U.S. 183 and IH-820 in North Richland Hills, TX. The center is anchored by Sports Authority, Ashley Furniture Homestore, Broyhill Home Collections and Barnes & Noble and has spaces available of 7,398 sq.ft. to 27,083 sq.ft. Value-added and redevelopment opportunities, as well as distressed shopping centers, are of interest nationwide.

   For more information, contact Ralph Pugliano or Chris Furst, Lamar Cos., 265 South Street, Morristown, NJ 07960; 973-285-0660, Fax 973-285-9236; Email: ralph@lamarco.com  and chris@lamarco.com.  For further information, contact Jeffrey James, Lamar Cos., 8900 143rd Street North, Seminole, FL 33776; 727-403-7777, Fax 727-517-2276; Email: jjames@lamarco.com.

Gateway Realty Advisors, LLC is selling an outlot on a land area of 1.33 acres at an Old Time Pottery-anchored center located at the intersection of 151 and Lincoln Trail Drive in Fairview Heights, IL. Area retail includes Dillard’s, Lowe’s Home Improvement, T.J. Maxx and OfficeMax.

   For more information, contact Gateway Realty Advisors, LLC, 755 South New Ballas Road, Suite 130, Saint Louis, MO 63141; 314-432-4510, Fax 314-432-6502; Email: john.beckman@gatewayrealtyadvisors.com;  Web site: www.gatewayrealtyadvisors.com.

Marcus & Millichap Real Estate Investment Brokerage Co. sold a Jack In The Box and a Citgo gasoline station at the intersection of 40th Street and University Drive in Phoenix, AZ for $1.347 million with a Cap rate of 4.97%. The 4,858 sq.ft. building is situated on a lot size of 70,442 sq.ft. The site has an NOI of $67,000.

   For more information, contact Marcus & Millichap Real Estate Investment Brokerage Co., 3281 East Guasti Road, Suite 800, Ontario, CA 91761; 909-605-1800, Fax 909-605-1832; Web site: www.marcusmillichap.com.

The Kempner Corp. is looking to acquire properties throughout the northeastern U.S. and the New York, NY metropolitan area. The company currently owns community and neighborhood center, enclosed malls, strip centers, freestanding locations and buildings in suburban downtown areas.

   For more information, contact Peter or Jim Kempner, The Kempner Corp., 257 Mamaroneck Avenue, White Plains, NY 10605; 914-946-3030; Emails: pkempner@kempnercorp.com  and jpkempner@kempnercorp.com;  Web site: www.kempnercorp.com.

Tom Fouts Realtors is looking to acquire land areas of 1.5 acres to 2.5 acres in AR, northwest LA and TX for between $6 psf to $12 psf.

   For details, contact Dan Lindsey, Tom Fouts Realtors, 1200 Woodrow Lane, Suite 100, Denton, TX 76205; 940-382-1541, Fax 940-382-1544; Email: dan@dentontx.com;  Web site: www.dentontx.com.

Bramlage Investments is selling a 99,000 sq.ft. center located in Junction City, KS. The center is situated on a land area of 6.7 acres and has a net operating income of $300,000.

   For more information, contact Ron Bramlage, Bramlage Investments, PO Box 1111, Junction City, KS 66441; 785-762-2019; Email: ronb@frnb.com.

AEI Fund Management, Inc. is looking to acquire NNN single-tenant freestanding locations with a remaining term of at least 10 years nationwide for between $2 million and $20 million. Preferred tenants at these sites include Best Buy, Tractor Supply Co., Advance Auto, Applebee’s, Arby’s, CarMax, Johnny Carino’s, Eckerd and CVS.

   For more information, contact George J. Rerat, AEI Fund Management, Inc., 30 Seventh Street East, Saint Paul, MN 55101; 651-225-7723, Fax 651-227-7705.

Trustreet Properties is selling the following locations: a Captain D’s restaurant in Pell City, AL for $754,000 with a Cap rate of 7%; a Chili’s restaurant in Augusta, GA for $4.566 million with a Cap rate of 6.95%; a Burger King in Suwanee, GA for $1.477 million with a Cap rate of 9%; a Kum & Go store in Ellsworth, IA for $1.547 million with a Cap rate of 7%; a Starbucks in Emporia, KS for $972,800 with a Cap rate of 6.25%; a Wendy’s in Baltimore, MD for $1.642 million with a Cap rate of 6.75%; a Perkins in Grand Rapids, MI for $1.557 million with a Cap rate of 7%; a Checkers in Cadillac, MI for $1.114 million with a Cap rate of 7%; an Arby’s restaurant in Fremont, MI for $1.446 million with a Cap rate of 6.5%; a Starbucks in St. Joseph, MO for $960,000 with a Cap rate of 6.25%; a Denny’s in Watertown, NY for $3.007 million with a Cap rate of 7.5%; a Rally’s in Holland, OH for $659,911 with a Cap rate of 8.75%; an Arby’s restaurant in Bethel Park, PA for $1.672 million with a Cap rate of 6.5%; a Chili’s restaurant in Columbia, SC for $3.929 million with a Cap rate of 6.95%; a Taco Bell in Vancouver, WA for $2.837 million with a Cap rate of 6%; and a Perkins in Delavan, WI for $1.653 million with a Cap rate of 7.25%.

   For more information, contact Trustreet Properties, 450 South Orange Avenue, Orlando, FL 32801; 407-540-2215; Web site: www.trustreet.com.

DeVille Developments is selling a 27,200 sq.ft. center shadow-anchored by Wal*Mart Supercenter in Lewisburg, TN at a Cap rate of 7%. Opening is slated for the summer. Tenants include Cato, Shoe Show, a buffet restaurant and dentist office.

   For more information, contact DeVille Development, Suite 3013951 Convenience Circle, Canton, OH 44718-2660; 330-493-9131, Fax 330-492-3788.

Jamie M. Weiss Realty, Inc. is looking to acquire vacant land of at least 0.5 acres and strip centers for between $1 million and $2 million throughout NJ and NY.

   For more information, contact Jamie M. Weiss Realty Co., Inc., 250 Moonachie Road, Moonachie, NJ 07074; 201-814-1800, Fax 201-814-1811; Email: cmorgan@jweissrealty.com;  Web site: www.jweissrealty.com.

David Cronheim Co. is marketing a land area of 9.9 acres in Mantua, NJ. The site is planned for a 95,000 sq.ft. center.

   For more information, contact Chris Flammer, David Cronheim Co., PO Box 268, 205 Main Street, Chatham, NJ 07928; 973-635-2180, Fax 973-635 6391; Web site: www.cronheim.com

Windsor Realty Group is looking to acquire land and existing retail sites.

   For more information, contact Windsor Realty Group, PO Box 1549, Clifton Park, NY 12065; 518-371-2320; Web site: www.windsorrealtygroup.com.

Millennium Properties, Inc. is selling a retail/residential development site in Richton, IL. The site is situated on a land area of 9.5 acres on Cicero Avenue.

   For more information, contact Susan B. Silver, Millennium Properties, Inc., 20 South Clark Street, Suite 630, Chicago, IL 60603; 312-338-3001, Fax 312-338-3008.

Net Leased Retail Properties is representing clients looking to acquire NNN properties nationwide from between $200,000 to $400,000.

   For more information, contact Shawn Jass, Net Leased Retail Properties, 1090 Joshua Way, Suite B, Vista, CA 92801; 760-734-1130 Ext. 100, Fax 760-560-1607; Web site: www.1031nnnsearch.com.

ERA is selling land areas of 3.28 acres to 10 acres on Interstate 5 in Willows, CA. Area retail includes Starbucks, Subway and Holiday Inn Express.

   For more information, contact Don Rogers, ERA, 3075 Cohasset Road, Suite 2, Chico, CA 95973; 530-899-4632, Fax 530-345-6381.

Tri-Land Properties, Inc. acquires, develops, leases and manages centers. The company is currently seeking to acquire centers from 100,000 sq.ft. to 750,000 sq.ft. throughout the Midwest, Mid-Atlantic and in FL.

   For more information, contact Terry Alexa, Tri-Land Properties, Inc., One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 708-531-8210; Email: talexander@trilandproperties.com; Web site: www.trilandproperties.com.

Legend Properties, Inc. brokered the sale of Overbrook Plaza, a 65,000 sq.ft. center located at the intersection of Lancaster Avenue and 56th Street in west Philadelphia, PA for $10 million. The buyer was SF Realty, LLC.

   For more information, contact David DePetris or Patrick Heron, Legend Properties, Inc., 625 Ridge Pike, Suite A 107, Conshohocken, PA 19428-1180; 610-941-4034; Emails: ddepetris@lpre.com  and pheron@lpre.com;  Web site: www.lpre.com.

Grubb & Ellis is selling the following properties: Fondren Southwest Village, a 304,300 sq.ft. center located at the intersection of Fondren Road and West Bellfort in Houston, TX for $31.93 million; West Road Collection, a 65,853 sq.ft. center located on North Freeway in Houston, TX for $17.9 million; Mayde Creek Emporium, a 56,487 sq.ft. center located at the intersection of Fry Road and Saums Road in Houston, TX for $6.45 million; Webster Plaza, a 23,820 sq.ft. center located at the intersection of Bay Area Boulevard and Texas Avenue in Webster, TX for $9.96 million; Watauga Collection, a 6,000 sq.ft. center located at the intersection of Highway 377 and North Tarrant Parkway in Watauga, TX for $3.765 million; Gulf Freeway Collection, a 7,500 sq.ft. center located at the intersection of Interstate 45 South and College Avenue in Houston, TX for $2.4 million; Pearland Broadway Center, an 8,000 sq.ft. center located at the intersection of FM 518 and Dixie Farm Road in Pearland, TX for $2.15 million; Southway Shopping Center, a 181,324 sq.ft. center located at the intersection of U.S. Highway 59 and South Gessner in Houston, TX; and Northchase Plaza I, a 12,560 sq.ft. center located on Veterans Memorial, south of FM 1960, in Houston, TX for $2.5 million.

   For more information, contact George Cushing, Grubb & Ellis Co., 1330 Post Oak Boulevard, Suite 1400, Houston, TX 77056; 713-599-5165; Email: george.cushing@grubb-ellis.com;  Web site: www.georgecushing.com .

Kin Properties, Inc. acquires 50 sites annually. The company prefers centers or freestanding locations, as well as highly leveraged properties with low or no cash flow.

   For more information, contact Lee Cherney, Kin Properties, Inc., 185 NW Spanish River Boulevard, Suite 100, Boca Raton, FL 33431; 561-620-9200 Ext. 111, Fax 561-955-9921; Email: lcherney@kinproperties.com;  Web site: www.kinproperties.com.

Urstadt Biddle Properties, Inc. is looking to acquire properties throughout the New York, NY suburbs. The company currently owns and operates 31 properties totaling 3.7 million sq.ft. throughout the New York City area. Its most recent acquisition was Staples Plaza located in Yorktown, NY. The company also acquired three retail properties in Pelham Manor, NY and Queens, NY, totaling 47,300 sq.ft. of GLA. The acquisition was made from a private investor for $16.6 million. The largest property in the deal is a 25,000 sq.ft. Gristede’s Shopping Center located on Boston Post Road in Pelham Manor in Westchester County, NY. Gristede’s is a regional supermarket operating over 50 stores throughout New York, NY, Westchester and Long Island. The center is cotenanted by Bank of America, Dunkin’ Donuts and other local retailers. The other two centers are located in Queens. Both properties are located in the neighborhood of Flushing and each total approximately 12,000 sq.ft. Both are fully leased to a total of more than 20 neighborhood retailers. Urstadt Biddle owns 37 shopping centers throughout CT, MA, NH, NJ and NY.

   For more information, contact John Merritt or Jim Aries, Urstadt Biddle Properties, Inc., 321 Railroad Avenue, Greenwich, CT 06830; 203-863-8200, Fax 203-861-6755; Web site: www.ubproperties.com.

American Financial Realty Trust has a growing portfolio of vacant bank branches for retail use nationwide. The company is a self-administered, self-managed real estate investment trust that acquires properties from, and leases properties to, regulated financial institutions. The company owns and manages its assets primarily under long-term triple net and bond net leases with banks.

   For more information, contact Jarrett T. Wells, American Financial Realty Trust, 215-887-2280, Fax 215-884-9681; Email: jwells@afrt.com.

Investment Real Estate Associates is selling a 250,000 sq.ft. center located in southern FL for $91.8 million with a Cap rate of 6% based on an NOI of $5.531 million. The center is currently 100% occupied and is anchored by nine national credit retailers. The company also is selling Miami Marketplace, a 250,000 sq.ft. center slated to open during summer 2007 in Miami, FL for $92 million with a Cap rate of 6%. The center is currently 100% leased with 88% national credit tenants. The net operating income is $5.5 million.

   For more information, contact Kevin G. Kowalski, Investment Real Estate Associates, 1200 Brickell Avenue, Suite 800, Miami, FL 33131; 305-808-7960, Fax 305-808-7962; Email: kevin@irea-usa.com;  Web site: www.irea-usa.com.

Goldberg Real Estate & Funding Corp. is looking to acquire shopping centers, Marina-based projects and land offerings with entitlements throughout FL.

   For more information, contact Rachel Goldberg, Goldberg Real Estate & Funding Corp., 26 Worcester Street, Suite 306, Boston, MA 02118; 617-267-1677, Fax 617-247-7510; Email: rgventures@aol.com;  Web site: www.goldbergre.com.

Texas Business Vistas, Inc. is selling a 28-acre site located on Interstate 35 West in the Dallas/Fort Worth, TX area for $2.225 million. Area retail includes Lone Star Crossing and Cabela’s.

   For more information, contact Frank or Jim Klein, Texas Business Vistas, Inc., PO Box 5707, Granbury, TX 76049; 214-803-2335, Fax 817-326-4900; Email: tbv1983@alltel.net.

Breslin Realty Development Corp. is looking to acquire strip and power centers, freestanding locations and outlet malls with a GLA of 100,000 sq.ft. and up nationwide. The sites must have a Cap rate of 7%. Projects with upside potential are of interest.

   For more information, contact Bob Delavale, Breslin Realty Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400, Fax 516-741-7128; Email: rdelavale@breslinrealty.com.

Coldwell Banker Commercial NRT is selling a center located in Tampa Bay, FL. The center is tenanted by Washington Mutual Bank and Quiznos and has a net operating income of $336,546. The seller will finance with a 6%, 30-year amortization and a 15-year balloon with $1.5 million down and a price of $5.5 million.

   For more information, contact John M. Yatsco, Coldwell Banker Commercial NRT, 4615 Gulf Boulevard, Suite 118, St. Pete Beach, FL 33706; 727-367-2793, Fax 727-499-6928; Email: yman@tampabay.rr.com.

Linear Retail Properties, LLC acquired a 59,687 sq.ft. center located on Station Avenue in Yarmouth, MA for $8.91 million. The center is anchored by Grand Union Family Markets and CVS. The seller was Yarmouth 2001 Associates, LLC.

   For more information, contact Dina Buccieri, Linear Retail Properties, LLC, Five Burlington Woods Drive, Burlington, MA 01803; 781-273-5665, Fax 781-273-5683; Email: dbuccieri@linearretail.com;  Web site: www.linearretail.com.

Meagher & Tomlinson is selling a 30,000 sq.ft. two-story concrete building, a 4,000 sq.ft. single-story building and a 28,800 sq.ft. corner site with two parcels at the intersection of E Street and Fifth Street in Marysville, CA for $1.995 million. The site has an average daily traffic count of 32,000 vehicles. The site underwent a major renovation in 2001.

   For more information, contact Bill Meagher, Meagher & Tomlinson, 1007 Live Oak Boulevard, Suite A-4, Yuba City, CA 95991; 530-671-0000, Fax 530-671-2717.

Linsalata Realty Services is looking to acquire single or two-tenant retail, industrial, office-warehouse and office properties throughout TX for between $1 million and $5 million with a Cap rate above 7%. The buyer needs to complete a 1031 exchange and the site must not have restaurants, child care or automotive shops and no mom and pop stores.

   For more information, contact Joe Linsalata, Linsalata Realty Services, 824 West 10th Street, Suite 100, Austin, TX 78701; 512-327-5000, Fax 512-327-5078; Email: joe@asklrs.com;  Web site: www.mcip.biz.

KMO Development is selling a Johnny Carino’s net-leased restaurant located in Tulsa, OK for $2.887 million with a Cap rate of 8.25%. The restaurant is located adjacent to Outback Steakhouse and Red Robin and across the street from a Kohl’s store. Area demographics include a population of 135,000 within five miles. The site has 14 years remaining on the lease with 10% rent increases every five years.

   For more information, contact Grant Stewart, KMO Development Group, Inc., 224 East 8th Street, Tulsa, OK 74119; 918-743-3456, Fax 918-743-4084; Email: gstewart@kmodevelopment.com;  Web site: www.kmodevelopment.com.

An investor is looking to acquire shopping centers throughout the Interstate 35 corridor from Waco, TX to San Antonio, TX for a minimum of $8.5 million. The investor prefers that the site be suitable for a sandwich shop and an all-cash deal is preferable.

   For more information, contact Nat Cohen, 214-373-1159; Email: necohencap@yahoo.com.

Income Property Specialists is looking for retail centers throughout the western and midwestern states from $2 million and up. The company requires sites in cities with a population of at least 500,000 and it is preferably looking to acquire portfolios.

   For more information, contact Shaun Gindi, Income Property Specialists, 1871 Folsom Street, Boulder, CO 80302; 303-441-2033 Ext. 206, Fax 303-442-8962; Web site: www.myips.com.

Tracy Realty Co. is selling a land area of 1.39 acres on Fourth Street in Oroville, CA for $1.215 million. The site has 367 feet of highway frontage and is currently being used as an auto repair center and pre-owned car dealership. The site includes a 6,100 sq.ft. shop and office buildings.

   For more information, contact Mike Donnelly, Tracy Realty Co., 530-828-0011.

Alliance Capital Partners, LLC is selling a Wal*Mart outlot retail center located in Adrian, MI for $3.597 million. The center is currently 100% leased and has a national and regional tenant mix with NNN leases.

   For more information, contact Tammy Pfenning, Alliance Capital Partners, LLC, PO Box 233, LaGrange, IN 46761; 877-804-3608 Ext. 200, Fax 260-463-3338.

Investment Management Associates, Inc. is looking to acquire shopping centers and land for centers throughout FL, GA and the Carolinas. The centers must have a GLA between 30,000 sq.ft. and 50,000 sq.ft. or 100,000 sq.ft. for supermarket-anchored centers. The company also sold a land area of 9.83 acres at the intersection of Commercial Boulevard and 94th Avenue in Sunrise, FL. The company also sold a site on Blue Heron Boulevard in Rivera Beach, FL and an outparcel at a Wal*Mart development in Winter Haven, FL.

   For more information, contact Michelle Steiger, David Stein or Andrew Pearl, Investment Management Associates, Inc., 1575 San Ignacio Avenue, Suite 100, Coral Gables, FL 33146; 305-661-0110, Fax 305-661-7803; Email: info@ima-realestate.com;  Web site: www.ima-realestate.com.

Lang Realty is representing a client looking to acquire shopping centers, apartment buildings and hotels and motels throughout FL and southern NJ for up to $10 million with 20% down and a Cap rate of 7% or better.

   For more information, contact Peter Kernan, Lang Realty, 6271 PGA Boulevard, Palm Beach Gardens, FL 33418; 561-776-1850, Fax 561-626-5572; Email: petekernan@earthlink.net.

G. Earl Real Estate, Inc. is selling a land area of one acre on North Koeller Street in Oshkosh, WI for $450,000. The site is ideal for commercial or retail and will be located in front of a proposed Sears Grand store.

   For more information, contact Gary Eake, G. Earl Real Estate, Inc., 2375 State Road 44, Suite B Oshkosh, WI 54904; 920-426-0417.

Interstate Realty and Development is selling Pine Mountain Center, a 26,000 sq.ft. center located one block from Dollywood Lane in Pigeon Forge, TN for $4.65 million with a Cap rate of 7%. The center is situated on a land area of 1.52 acres

   For more information, contact Brett Greene, Interstate Realty and Development, 2151 Volunteer Parkway, Bristol, TN 37620; 423-968-5971, Fax 423-764-9121; Web site: www.ira-realty.com.

Arroyo & Coates, Inc. has been exclusively retained by a local investor to acquire single credit-tenant properties for their existing 1031 requirement. The company is looking to acquire passive, long-term leased properties nationwide, but would consider two or three-tenant properties. The company also will consider multiple properties and/or portfolios and prefers sites in major metro markets.

   For more information, contact Paul Souza, Arroyo & Coates, Inc., 500 Washington Street, Suite 700, San Francisco, CA 94111; 415-445-7800 Ext. 184.

Realty Network Plus, Inc. is representing a client looking to acquire Wendy’s, McDonald’s or a Panera Bread location with NNN leases throughout Cincinnati or Columbus, OH; Indianapolis, IN or the Louisville, KY market.

   For more information, contact Judie Guttadauro, Realty Network Plus, Inc., 621 Mehring Way, Suite 1109, Cincinnati, OH 45202; 513-651-1469, Fax 513-651-3363; Emails: jud802@aol.com  or judie@realtynetworkplus.com.