DealPoint Merrill Closed Escrow on 325,500 SF for Redevelopment in Columbus-Ohio, Tucson-Arizona and Saginaw-Michigan

LOS ANGELES, June 17, 2014 /PRNewswire/ — DealPoint Merrill recently purchased three properties known as National Road Plaza in Columbus, Ohio, consisting of a 120,700 SF shopping center; American Mini Self-Storage consisting of 53,400 SF, and Bay View Plaza shopping center in Saginaw, Michigan, consisting of a 151,396 SF.

DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the purchases. 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 Greg Corlyn, handled the title and escrow for the transactions.