Responding to increased market demand, Bowman Consulting has expanded its existing transportation services in the areas of traffic engineering, transportation planning, roadway design, right-of-way acquisition and relocation assistance services. Three strategic hires have joined the firm to enhance the firm’s capabilities in these areas:

Sr. Transportation Project Manager John D. Riley, PE joins Bowman as a traffic engineer and project manager in its transportation services group. In this role, Riley is responsible for securing and managing transportation-related projects in the public and private sector in the firm’s Richmond office.

For most of his 12-year career, Riley worked as a project manager for Kimley-Horn and Associates, Inc. During his time there, he prepared traffic studies, traffic signal designs, and transportation plans and was successful in generating new business in local, state, federal and private land development markets primarily in Central Virginia. Riley earned both a Bachelor of Science and Master of Science in Civil Engineering from Virginia Polytechnic Institute and State University and is a licensed professional engineer. He is a member of VASITE and lives in Midlothian, Virginia.

Transportation Project Engineer Steven Schmidt, EIT delivers technical solutions as a transportation project engineer in the firm’s Richmond office, including planning and design, technical studies and modeling activities.

Schmidt has seven years of experience, and most recently was a transportation consultant with Balzer and Associates in Richmond, Virginia, where he established and led the traffic engineering department. Schmidt graduated from Virginia Polytechnic Institute and State University with a Bachelor of Science in Civil Engineering and is a designated Engineer-in-Training. He lives in Richmond, Virginia.

Senior Right-of-Way Project Manager Ronnie Van Cleve brings 36 years of land acquisition, right-of-way engineering and consulting experience to Bowman’s transportation services group as a senior project manager in the firm’s Price Williams office.

After a 30-year career with Washington Gas, Van Cleve recently held positions as a Senior Right-of-Way Agent with the Prince William County Department of Transportation and as a Senior Right-of-Way Project Manager with Greenhorne & O’Mara Consulting Engineers in Richmond, Virginia. Van Cleve is actively involved with the International Right-of-Way Association. He lives in Manassas, Virginia.

About Bowman Consulting

Established in 1995, Bowman Consulting Group Ltd. (Bowman) delivers expert land development and infrastructure solutions to real estate, energy, institutional, corporate, and governmental markets throughout the country. Key services include civil engineering, planning, landscape architecture, surveying, water/wastewater, environmental, geothermal energy, and transportation consulting. It also offers a zoning and regulatory expertise to its clients at the local, state and federal levels. Awards include: ENR Magazine (Top 500 Design Firms), The Zweig Letter (The 100 Fastest-Growing U.S. A/E/P & Environmental Consulting Firms), Washington Business Journal (Fastest-Growing Companies in the Washington Region), and Inc. Magazine (Fastest-Growing Private Companies in the U.S.). For additional information, please visit www.bowmanconsulting.com.

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Irvine, CA – Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, has recently promoted Griselda Sapiens to management division project coordinator. Sapiens served as a receptionist since joining the firm in 2007.

“Keystone Pacific is very proud to announce Griselda’s well-deserved promotion,” said Denise Bergstrom, vice president of association management of Keystone Pacific Property Management. “Griselda’s attention to detail and organizational skills make her the perfect choice for this position”.

In her new position, Sapiens assists the CEO and Vice President of Association Management by tracking annual requirements, document preparation and distribution deadlines to ensure timely delivery of association materials to clients.

About Keystone Pacific Property Management

A leader in the community association management industry for more than 29 years, Keystone Pacific Property Management specializes exclusively in the management of common interest developments in Southern California. Currently, the firm manages over 40,000 units in master-planned, condominium, townhome, single-family home, mixed-use and commercial common interest developments. Keystone Pacific’s clients receive the best care and resources as the firm is committed to providing superior community association services. Keystone Pacific is one of the few local property management firms to have earned the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM) and the Accredited Certified Management Firms (ACMF) in Southern California, certified through the California Association of Community Managers (CACM®). Headquartered in Irvine, Calif., Keystone Pacific also maintains offices in Rancho Santa Margarita and Temecula, Calif.

For more information, please contact Keystone Pacific at 1-877-KPPM-INC (577-6462) or visit www.keystonepacific.com.

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Huntington Beach, CA – Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed the purchase and sale of an 11,200-square-foot industrial building at 15311-15323 Pipeline Lane in Huntington Beach, Calif. The 100-percent leased building sold for $1.2 million or $107.14/square foot. The building was marketed by another firm for a year. Lee & Associates sold the building within 60 days of listing the property for an all-cash close.

Lee & Associates Irvine Senior VP Brian Garbutt represented the seller, Medina Family Trust, while Senior VP Darin McDonald of Lee & Associates’ Newport Beach office represented the buyer, WFT, LLC.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

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Tempe, AZ – Westwood Financial Corp., one of the largest owner-operators of shopping centers in the U.S., has purchased the 24,452-square-foot Crossroads of Tempe retail center in the Arizona town. It is the company’s latest transaction toward the company’s value-add program, to which it has earmarked $100 million in purchases.

“Crossroads of Tempe fits into our strategy to acquire distressed assets in these kinds of markets,” said Westwood Financial Executive VP Joe Dykstra, noting that WFC has recently purchased three additional notes and is in the process of foreclosing on each one. “This is the seventh such acquisition we’ve made in the past 12 months, as we continue seeking $1 million-$10 million strip centers in good locations.”

The 2004-built Crossroads of Tempe is at 315-325 W. Elliot Road and is 45-percent leased. With strong national tenants including Chase Bank, Massage Envy and AZ Bread Company as current tenants, Dykstra thinks the property has great lease-up potential.

“This asset has good in-place income with upside and sits at a busy intersection in an in-fill location with dense demographics,” Dykstra said.

Westwood purchased the property from CMBS Trust, which was represented by special services LNR Partners. It is the 16th property Westwood owns in the Tempe/Phoenix market and 19th overall in the state.

The acquisition follows Westwood’s recent purchase of the Stroh Ranch Retail Center, a 6,336-square-foot property at 12937 S. Parker Road in Parker, Colo.

About Westwood Financial Corp.

Westwood Financial Corp., is one of the largest privately held owner-operators of retail properties in the U.S., with a track record spanning 40 years. Based in Los Angeles with satellite offices in Atlanta, Dallas and Scottsdale, Ariz., the firm currently has a portfolio consisting of more than 100 shopping centers and retail properties in 24 metropolitan markets. Founded in 1970 by Steven Fogel and Howard Banchik, the firm has evolved into a fully integrated real estate company that acquires, leases, and manages its real estate portfolio. The firm implements an acquisition strategy that focuses primarily on mature neighborhood, grocery anchored shopping centers with portfolio holdings in Arizona, California, Colorado, Florida, Georgia, Illinois, Kansas, Nebraska, Nevada, New York, North Carolina, South Carolina, Texas, and Washington. For more information, please visit www.westfin.com.

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Aliso Viejo, CA – Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed the $1.95 million sale of a 7,068-square-foot, single-story, pre-school facility located at 10 Mareblu in Aliso Viejo, Calif. Senior Vice President Allen Basso of Lee’s Irvine office handled the transaction.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

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Irvine, CA – Keystone Pacific Property Management, a leading community association management company providing management services to community associations throughout Southern California, welcomes Brittany Smith to its team as a new development community association manager based out of the Irvine office. With a background in property management, Brittany will be providing her expertise and support on the management of several new development communities throughout Orange County.

“Brittany is a dynamic professional who will be a great addition to the new development team,” said Denise Bergstrom, vice president of association management of Keystone Pacific Property Management. “Her extensive experience and industry knowledge will enable her to successfully manage her communities as well as provide excellent service to our clients.”

Smith is also currently pursuing the Certified Community Association Manager (CCAM) certification through the California Association of Community Managers.

About Keystone Pacific Property Management

A leader in the community association management industry for more than 29 years, Keystone Pacific Property Management specializes exclusively in the management of common interest developments in Southern California. Currently, the firm manages over 40,000 units in master-planned, condominium, townhome, single-family home, mixed-use and commercial common interest developments. Keystone Pacific’s clients receive the best care and resources as the firm is committed to providing superior community association services.
Keystone Pacific is one of the few local property management firms to have earned the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM) and the Accredited Certified Management Firms (ACMF) in Southern California, certified through the California Association of Community Managers (CACM®). Headquartered in Irvine, Calif., Keystone Pacific also maintains offices in Rancho Santa Margarita and Temecula, Calif.

For more information, please contact Keystone Pacific at 1-877-KPPM-INC (577-6462) or visit www.keystonepacific.com.

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Solana Beach, CA – Lee & Associates, one of the largest national commercial real estate brokerage firms, has closed a $6.85 million sale of 1.76 acres of coastal land located at 329 & 343 S. Highway and 101/120 & 128 Dahlia Dr. in Solana Beach, Calif.

Principals Steve Bruce and Matt Weaver of Lee & Associates represented both the seller, Maganda Corporation, and the buyer, American Assets Trust, in this off-market transaction. Maganda is a privately-held family corporation and American Assets Trust is a full-service real estate investment trust that owns, operates, acquires and develops retail, office and multifamily properties in California, Hawaii and Oregon.

According to lead broker on the deal, Steve Bruce, this deal is one of the largest coastal commercial land transactions to sell in the past five years. American Assets Trust purchased the land with the intention of redeveloping the site for commercial/residential use.

“The site has been in great need of redevelopment. American Assets is an excellent owner who will develop the land to its highest and best use, while also giving the Solana Beach community a much desired mixed-use project,” said Bruce.

About Lee & Associates

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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About Key West Real Estate

Sean Farrer is a local Key West real estate agent specializing in commercial and residential properties, including Key West foreclosures and condos.

Madison, WI – The Madison, Wisconsin office of Lee & Associates, one of the nation’s largest commercial real estate firms, has completed $2.8 million of leases at The Shoppes at Hartford; a 24,000-square-foot retail center in Hartford, Wis. Steve Doran and Todd Waller represented the ownership group on all transactions.

Located next to a new Wal-Mart Super Center, Lee Madison had the center 75-percent pre-leased before construction commenced and 100-percent leased before construction was finalized. Construction commenced April 1, and all tenants are expected to open before Christmas 2011.

The lessees at the 24,000-square-foot center include Dollar Tree (8,000 SF), Game Stop (2,000 SF), Maurices (5,000 SF), Hibbett Sports (5,000 SF), Cash Store (1,300 SF), Great Clips (1,300 SF) and World Finance (1,400 SF).

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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Brea, CA – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4 million sales transaction for a 45,560-square-foot industrial building located at 1425 Moonstone Street in Brea, Calif.

Luke Hudson and Scott Seal of Lee & Associates’ Orange office represented the buyer, Nail Harmony. Tom Dorman of CB Richard Ellis and Ian Britton and Colliers International represented the seller, Cohen Asset Management.

“The dynamics of this sale were incredible and it completely firms up the notion of a sound business, in a growing phase, capitalizing on the current economics,” said Hudson. “Our client was in a position to purchase two adjacent, above standard industrial buildings at pricing points of 2003. Although we’re experiencing a recent shake up in buyer’s confidence due to the market volatility, we are still finding motivated buyers and sellers in the market.”

About Lee & Associates

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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Poway, CA – Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3 million sale (5 percent cap rate) on a 3,500-square-foot In-N-Out Burger restaurant, a regional chain of fast food restaurants in the western U.S., located at 12890 Gregg Court, in Poway, Calif.

Ryan Barr and Ryan Bennett of Lee & Associates – Net Leased Group in Carlsbad, represented the California-based buyer, Delta Gateway. The seller represented himself. Barr and Bennett founded the Net Leased Group, which specializes in national sales and acquisitions of net leased and retail shopping center investments, in 2007.

Located on the corner of Community Road and Scripps Poway Parkway within a larger shopping center housing other retailers like STAPLES and Kohl’s, the property was ground leased to In-N-Out Burger on a 20-year triple net ground lease with over 19 years remaining on the initial lease term. According to Barr, the deal took three months and closed after a 45-day escrow.

“This was a very rare sale as you don’t usually see single tenant properties with In-N-Out Burger as the tenant come available for sale,” said Barr. “Triple net lease investments are in high demand and we were able to successfully secure our client this unique management-free opportunity in a prime location with a sought after tenant.”

About Lee & Associates

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

About Net Leased Group

The Net Leased Group specializes in the acquisition and disposition of single tenant net leased (NNN) investments in addition to retail shopping center investments nationwide. The Net Leased Group provides full advisory services to high net worth individuals, developers, institutional investors, REITS, and sale-leaseback expertise to franchisees. By leveraging these highly valued relationships in conjunction with our proprietary database of global investors, we are able to provide each client with world-class brokerage services. Additional information is available at www.leennn.com.

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