Monthly Archives: November 2014

Crossman & Company Brokers $8.8 Million Publix-Anchored West Jackson Crossing

HOSCHTON, GA – Anchored by Publix, the 68,649 square foot West Jackson Crossing, was sold on November 14th.  Located Northeast of Atlanta along the I-85 corridor, the center finds itself in a solid demographic and is well positioned to maintain its current marketing leading sales volume status for years to come.  Notable tenants include Publix, Verizon Wireless, Pizza Hut and Great Clips.

Crossman & Company’s Senior Vice President, John Zielinski, and Managing Director, Mark Thompson, exclusively represented the seller to the market.

Mark Thompson states, “The property saw tremendous activity from both the regional and
international buyers.”

John Crossman, President of Crossman & Company adds, “This is the 11th Publix anchored center that we have sold this year in the Southeast US.  I am proud of our team and the service they provide to clients.”

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About Crossman & Company
Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm, which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com


Town Shoppes of Bay Isles Welcomes New Retail Tenant

LONGBOAT KEY, FL – Town Shoppes of Bay Isles, a 51,191 square foot, Publix-anchored shopping center welcomes a new clothing store tenant.  J.McLaughlin is a high-end women and men’s clothing store known throughout the United States.  The new clothing store will be joining Publix, Your Fitness Gym, Premier Sotheby’s Real Estate and other merchants at the shopping center.

J.McLaughlin was represented by Lee Delieto, Jr. of Michael Saunder & Company.  Tracy Worrell, Senior Leasing Associate for Crossman & Company represented the landlord.

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About Crossman & Company
Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com

About J.McLaughlin
The J.McLaughlin design ethos is rooted in tradition, yet always current and reflective of how the customer lives and travels today. The resulting look is more about style than fashion: straightforward, unpretentious, devoid of the superfluous. For more information, visit the company’s website: www.jmclaughlin.com


Crossman & Company Closes Deal for Eastern Shore Point

SPANISH FORT, AL – An outparcel to Eastern Shore Centre mall at 7,678 square feet, Eastern Shore Point, was acquired on September 4th.  Built in 2006 and located in Spanish Fort, Alabama off the corner of State Highway 181 and Eastern Shore Boulevard.  The center held 100% occupancy, which include notable tenants, such as, Starbucks, Verizon Wireless and Century 21.

Crossman & Company’s Director of Investment Sales, Brian Carolan, mentioned, “We received tremendous interest for this 100% leased asset.  We are thankful that we were able to provide our client with a favorable exit from the investment.”

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About Crossman & Company
Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com


Crossman & Company Closes Deal on Winn-Dixie Anchored Center

PENSACOLA, FL – Eastgate Plaza, a 168,427 square foot retail center, anchored by Winn-Dixie was transacted on August 27th.  Located in the heart of Pensacola, Florida and is a key commercial corridor at the intersection of N. 9th Avenue and Creighton Road.  The center was built on 19.87 acres and renovated in 2012.  Some notable tenants include ITT Technical Institute, Guitar Center and Powerhouse Gym.

Crossman & Company’s Senior Managing Director, Bruce Lyons, noted “It was very gratifying to see our efforts we put forth for three years toward this center play out and become successful.”

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About Crossman & Company
Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com.


Winter Park Publix-Anchored Shopping Center Closes for $24.8 Million

WINTER PARK, FL –A Winter Park landmark, Hollieanna and Oakley Center transacted for $24.8 million last week.  Located on the corner of 17-92 and Fairbanks Avenue, the 102,000 square foot shopping center is anchored by Publix and boasts tenants, such as, Tuesday Morning, AAA, Moe’s Southwest Grill, T-Mobile and Sherwin Williams.  Originally constructed in 1953, the center was redeveloped in 2011 and was 98% occupied at the time of sale.  Crossman & Company’s Managing Director Mark Thompson along with Investment Sales Analyst Leah Harrington exclusively represented the sellers, a family in Indiana who had owned the center since its original construction.

“As a broker you are always fortunate when you can work with a quality seller, buyer and property in a great market,” noted Mark Thompson.  “In this case we had all metrics and the deal flowed nicely throughout the entire process.”

Crossman & Company’s President, John Crossman, states “This is the 10th Publix-anchored shopping center Mark Thompson has brokered this year and he has three more in the market. We are proud of the leadership he has portrayed in our Investment Sales team.”

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About Crossman & Company
Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com