Insight

Commercial Brokers Group Announces Winners of Fourth Annual 'Deal of the Year' Awards

March 13, 2014

Commercial Brokers Group of Madison has announced the winners of the 2013 Deal of the Year Awards which recognize the most notable local commercial real estate transactions. Determined by an independent panel of affiliate professionals, awards were based on size, dollar volume, difficulty of transaction, unique situation and contribution to the community.

Winners:

Office: Meriter lease and redevelopment of 1414 Park Street in Madison. Christina Podoll of Sara Investment Real Estate represented the landlord and Steve Doran of Lee & Associates represented the tenant.

Retail: The Alterra/Colectivo Coffee lease in the Tenney Building on the Capitol Square. John Bergh of White Box Commercial Property Group represented the tenant.

Industrial: The Ikaria lease and new construction of a 64,000 square foot building at 6651 Femrite Drive in the McAllen Business Park. Tom Phillips of Ruedebusch Development & Construction represented the landlord and Mark Winter and Chris Caulum of Oakbrook represented the tenant.

Investment/Multi-Family: The sale of Esser Place at 1800-1850 Deming Way. Craig Stanley of Broadwing Advisors represented the seller. TJ Blitz and Tim Rikkers of Cresa Madison were also recognized for representing WTS Paradigm in a new lease that was a condition of the building purchase.

Land: The $4,000,000 purchase of a 200-acre land assemblage by Landmark Co-op Grain Facility. Chase Brieman of CBRE represented the buyer.

Best Overall: The $12.9 million purchase of the former University Inn site at 441 N. Frances and State Street in Madison for 'The Hub', a large-scale retail and residential project currently under construction. Mike Osborne of Advantage Osborne represented the buyer.

For more Information: www.cbgmadison.com