Charlie Armstrong, SIOR

Charlie Armstrong, SIOR

Vice President / Director, Industrial Specialist
Contact Charlie Armstrong, SIOR

Background & Experience

  • Works with all types of commercial real estate but specializes in industrial real estate handling acquisition, disposition, sale-leasebacks, investment properties, corporate service and consulting assignments
  • Works with clients on a local, national and world-wide basis as a single point of contact through one of NAI Global's 6,500 professionals and more than 375 offices in 44 countries throughout the world
  • Extensive background working directly with manufacturing plants and distribution properties
  • Past President/CEO of C.E. Armstrong & Sons Co., a multi-branch industrial distribution company serving a three-state area
  • Commercial and multi-family real estate investment background
  • Consistent multi-million dollar top producer marketing industrial/commercial properties ranging from 10,000 – 1,000,000 square feet

Professional Affiliations

  • Member of SIOR (Society of Industrial & Office REALTORS); The SIOR designation is professional recognition of the highest level of sales knowledge, achievement, accountability & ethical standards in the commercial real estate industry.
  • Member of NAI Global Corporate Service Team
  • Member of the NAI Industrial Council, NAI Logistics Group, SIOR Distribution & Logistics Specialty Practice Board
  • Member of the Quad City Area REALTOR Association
  • NAI Business Manager for NAI Ruhl Commercial Company

Community Involvement

  • Active in numerous civic, charitable and professional organizations at the local, state and national levels
  • Served as president of Central States Industrial Distributors Association, the Rotary Club of Clinton and the Clinton Family YMCA
  • Board member for the Industrial Distribution Association, the Iowa Group for Economic Development, the Iowa Future Project and the Clinton Area Development Corporation
  • Board member for several banks and a regional bank holding company. Most recently he was a founding board member of a De Novo start-up bank

Awards

  • NAI Ruhl Commercial Company Top Producer 2022, 2020, 2013, 2007, 2005
  • NAI Ruhl Commercial Company Associate of the Year 2017
  • NAI Ruhl Commercial Company Top Lister 2014, 2011, 2003, 2001
  • NAI Ruhl Commercial Company Excellence in Service Award 2001-2024
  • NAI Global Elite Top Producer for 2008
  • NAI Global 2006 Top Producer Award for U.S. Tertiary Markets
  • NAI Global 2005 & 2006 Gold Club

Education

  • B.A. degree from University of Wisconsin-Madison

Significant Transactions

  • Represented RIVALDD Inc. in the sale of 182 acres to Meta Platforms (Facebook) for a data center in Davenport, IA
  • Represented national real estate trust in the sale of 935,332 SF central-distribution food grade warehouse in Milan, IL
  • Represented International Paper Company in the sale of their 790,000 SF packaging plant in Clinton, IA
  • Represented Jacobson Companies in leasing of 300,000 SF warehouse space in Clinton, IA
  • Represented W.P. Carey & Co. in the sale of their 241,950 SF warehouse building in Rock Island, IL
  • Represented Jacobson Companies in leasing of 200,000 SF warehouse space in Milan, IL
  • Represented Exide Technologies/Industrial Plaza Corp in sale/purchase of 195,900 SF manufacturing building in Burlington, IA
  • Represented Pretium Packaging/HNI Corp. in the sale/purchase of 181,000 SF manufacturing building in Muscatine, IA
  • Represented REIT Management & Research in leasing of 171,951 SF steel warehouse in Eldridge, IA
  • Represented Johnston Industries/Agracel in sale/purchase of 122,350 SF manufacturing building in DeWitt, IA on two separate deals
  • Represented W.P. Carey & Co./InSite Real Estate in the investment sale/purchase of 121,623 SF distribution building in Davenport, IA
  • Represented Insite Real Estate in investment purchase at Biaggi’s Restaurante Italiano property in Davenport, IA
  • Represented CMT Factory in the sale of 105,600 SF manufacturing facility in East Moline, IL
  • Represented Mars Pet Care in sale of 102,514 SF manufacturing/warehouse in Muscatine, IA
  • Represented Schneider-Ernst, LLC in sale of 102,100 SF warehouse in Mt. Pleasant, IA
  • Represented Windsor Logistics in the purchase of a 100,000 SF manufacturing space in Clinton, IA
  • Represented Chester/U-Haul International in the sale/purchase of a 86,448 SF former K-Mart in Davenport, IA
  • Represented Lutheran Social Services / Illinois Casual Company in the sale/purchase of Forsberg Retirement Center
  • Represented Citizen’s First Bank in sale of 240 unit apartment complex in Clinton, IA
  • Represented Community Housing Initiatives in sale of 100 unit apartment complex in Davenport, IA
  • Represented Regal Beloit Corp. in numerous transactions including a 225,000 SF manufacturing facility sale in Grafton, WI, a 116,000 SF manufacturing facility sale in New Bedford, MA and a 108,000 SF industrial lease in Monterrey, Mexico
  • Represented Crescent Electric Company in numerous acquisition and disposition assignments throughout the USA
  • Represented WCNSB/SLB Properties in the investment sale/purchase of 120,500 SF multi-tenant business park
  • Represented Timken-Drives/APMS, LLC in leasing of 111,882 SF manufacturing building in Clinton, IA
  • Represented Clinton Industrial Venture in the investment sale of their 148,440 SF warehouse in Camanche, IA
  • Represented SLB Properties/Avalair Group in the investment sale/purchase of 120,500 SF multi-tenant business park

Partial List of Clients Represented

  • 1031 Solutions LLC
  • 2nd Wind Exercise Equip.
  • ADS Logistics
  • Agracel, Inc.
  • Airborne Express
  • Allied Waste
  • American Red Cross
  • APMS Properties
  • ARCAP Servicing
  • Atlas Partners
  • Autotech Technologies
  • Avalair Group
  • Baker Group
  • Black Cat Blades, Ltd.
  • Brazeway, Inc.
  • Bridgestone/Bandag
  • Chase
  • Clinton Industrial Venture
  • Collis Tool Corporation
  • Countrywide Financial
  • Crescent Electric
  • Cross Roads Logistics
  • DeWitt Development Corp.
  • Economy Advertising
  • Economy Coating Sys.
  • Exide Technologies
  • Eye Surgeons Assoc.
  • Frohwein Office Supply
  • General Logistics
  • Glual Hydraulica
  • GMH Capital Partners
  • Greater Peoria Airport
  • HNI Corporation
  • Hobart Corporation
  • I & I Foods, Inc.
  • InSite Real Estate
  • International Paper Co.
  • Interstate Power & Light
  • Investment Lease Corp.
  • Jacobsen Companies
  • Johnson Controls Inc.
  • Johnston Companies
  • Johnstone Supply
  • Kent Group
  • Koch Industries
  • Kraft Heinz
  • Lamar Advertising
  • Lennox International
  • Linn Commercial Props.
  • Loomis Fargo & Co.
  • Mad City Windows
  • Marathon Electric, Mfg.
  • Mars Petcare, US
  • P.B. Leiner
  • Pedcor Investments
  • Penske Truck Leasing
  • Pepperidge Farm
  • PepsiCo
  • Peterson Properties
  • Phillip Services Corp
  • Pilkington Glass
  • Price Buster Mattress
  • Professional Touch Cleaning
  • Quad Cities Hospitality
  • Racomm
  • Regal Beloit Corp.
  • Regency Development
  • REIT Mgmt. & Research
  • River Cities Engineering
  • Robinson Steel, Inc.
  • Rudy’s Tacos
  • SafeLite
  • Stanley Engineering/SECO
  • Steeplegate Partners
  • Stryker Howmedica
  • Theisen’s
  • Timken-Drives
  • TMT Manufacturing
  • Tru-Art Color Graphics
  • U.S. Bank
  • United Building Centers
  • United Construction
  • Vallen Distribution
  • Valspar, Inc.
  • Van Meter
  • W.K. Development, Inc.
  • W.P. Carey & Co.
  • W.W. Williams
  • Westdale Capital
  • Windmill Hill LC
  • York International

Personal Interests

Boating, Triathlons, Pickleball, Skiing, Golfing, PCA, Audi Club National Driving Instructor, and Travel

States Licensed In:
• Iowa
• Illinois

Contact Charlie Armstrong, SIOR

Email: carmstrong@ruhlcommercial.com 

Mobile: 563-529-6600

Phone: 563-823-5106

Fax: 563-355-4445

Contact Charlie