DealPoint Merrill Closed Escrow on 123,141 S.F. Shopping Center in St. Charles, Missouri

DealPoint Merrill closed escrow on a vacant Kmart anchored center for their new redevelopment project 

Los Angeles, CA – May 30th, 2014, DealPoint Merrill purchased the 151,396 SF Bay View Plaza shopping center previously anchored by Kmart, and is scheduled for redevelopment.

DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the sale. Mark Mimms of Sperry Van Ness®/DealPoint Merrill Properties Corporation, and Mark Yadisernia of Sperry Van Ness-Rich Investment Real Estate Partners were the brokers. The transaction was financed by Rodeo Capital.

DealPoint Merrill Closed Escrow on a 151,396 S.F. Retail Center in Saginaw, Michigan

DealPoint Merrill closed escrow on a vacant Kmart anchored center for their new redevelopment project 

Los Angeles, CA – May 30th, 2014, DealPoint Merrill purchased the 151,396 SF Bay View Plaza shopping center previously anchored by Kmart, and is scheduled for redevelopment.

DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the sale. Mark Mimms of Sperry Van Ness®/DealPoint Merrill Properties Corporation, and Mark Yadisernia of Sperry Van Ness-Rich Investment Real Estate Partners were the brokers. The transaction was financed by Rodeo Capital.

DealPoint Merrill Closed Escrow on 53,401 S.F. American Mini Self-Storage in Tucson, Arizona

LOS ANGELES, CA – DealPoint Merrill closed escrow on May 14th, 2014 for the 53,401 SF American Mini Self-Storage facility located in central Tucson. The property, was acquired through a partnership with Realty Mogul, DealPoint Merrill and the Platinum Storage Group, and approved for expansion and immediate development in 2014.

Dealpoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the sale. Mark Mimms of Sperry Van Ness/DealPoint Merrill Properties Corporation was the broker. First American Title Company, represented by Gregg Corlyn, handled the title and escrow for the transaction, and was financed by Towle Financial Services.

DealPoint Merrill Closed Escrow on 120,700 S.F. National Road Plaza Shopping Center in Columbus, Ohio

LOS ANGELES, CA – DealPoint Merrill closed escrow on National Road Plaza in the central business district of Columbus, Ohio on May 7th, 2014. The property, a 120,700 SF shopping center previously anchored by Kmart is scheduled for redevelopment in 2014.  Located in a strong retail corridor, the newly developed $400 million Hollywood Casino adjacent to the property has set the pace for the areas diverse district with additional offices, retail, banking, dealerships, hotel and convention space planned.

Dealpoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the sale. Mike Gustafson, President of Sperry Van Ness ®/DealPoint Merrill Equities, an affiliate of DealPoint Merrill assisted with the investment capital. Mark Mimms of Sperry Van Ness/DealPoint Merrill Properties Corporation, and Mark Yadisernia were the brokers. First American Title Company, represented by Gregg Corlyn, handled the title and escrow for the transaction, and was financed by Rodeo Capital.