Monthly Archives: January 2015

Crossman & Company Brokers 19K SF Office/Retail Center

CLERMONT, FL – Crossman & Company arranged the $1,525,000 million sale of Gateway Center, a 19,196 square foot, office/retail center located at 15701 State Road 50 in Clermont, Florida.  Anchored by Centra Care, the property was sold in early January to a private investor.

The center is located at the signalized entrance to the Greater Hills neighborhood along the heavily traveled Florida Highway 50.  Gateway Center was 82% occupied at the time of sale and had a great mix of local tenants.

“This deal allowed the original developers to exit their investment at a favorable rate,” said Brian Carolan, Director of Investment Sales with Crossman & Company.

Brian Carolan exclusively represented the Seller to the market during this transaction.  He believes that the Gateway Center transaction is continued evidence that the commercial market in the Clermont area is improving significantly.

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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 Releases Southeast U.S. Retail Report

ORLANDO, FL – Crossman & Company, the premier real estate firm focused on serving retail landlords exclusively throughout the Southeast, has released the 2015 Retail Report. The report consists of extensive research gathered for 29 retail markets in the Southeast United States and insight from industry professionals on the year to come.

The markets are broken into five “Deep Dive” and 24 remaining markets. The top five markets are the biggest metropolitan areas in the Southeast, which includes Charlotte, Atlanta, Tampa, Orlando and Miami-Dade. The continuing 24 markets include cities in Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee.

The full Crossman & Company Retail Report can be found on the company website, www.crossmanco.com, at the very bottom of the main page under “Market Research.” The desire for this report is to influence the industry by sharing high-quality data and making the market more efficient.  If there are any questions, please reach out to Jennifer Jackson, Research Analyst, directly at jjackson@crossmanco.com.

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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


Florida State University Names Recipients of 2014 Crossman & Company Endowed Scholarship

Two very well deserving students attending Florida State University were recently awarded scholarships endowed by Crossman & Company. The Crossman & Company endowed scholarship was established in 2006 and has given 16 scholarships to date.
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Florida State University Seniors, Christina Cernkovic and Danny Alvv recently received scholarships on behalf of Crossman & Company to support their deserving hard work and studies in the College of Business.

ChristinaCernkovic is a double major in Finance and Real Estate with a minor in Hospitality Management. She is also the Secretary of the Real Estate Society, Vice President of Women in Real Estate, and Vice President of her Sorority, Phi Mu. After graduation this spring, she hopes to work in the site selection sector of commercial real estate in a tier one market. “I am very thankful for this scholarship from Crossman & Company. It has helped me tremendously this year in all my educational endeavors and after graduation I hope I can give back to Florida State like Crossman & Company does every year,” added Cernkovic.

In being awarded the Crossman & Company Scholarship,
Alvv said, “I am very humbled Dannyand honored to be a recipient of the Crossman & Company Scholarship. It is always a great feeling to be recognized and rewarded for your accomplishments and work in a field I am passionate about.”  Alvv is also majoring in Real Estate, which is not only a passion of his, but also one of his family’s. One of his brothers is a real estate attorney, while the other is a property appraiser.  In addition, Alvv’s father owns a development company, which Alvv states has paved the way for him to get his real estate license and pursue his career in the commercial real estate industry.

“One of the best ways to improve the real estate market is to encourage the participation from the best of the next generation,” said John Crossman, President of Crossman & Company. “At Crossman & Company, we take that responsibility very seriously, and we impact education like no other firm in the United States.”

Crossman & Company plans to endow many more scholarships at Colleges & Universities throughout the Southeast.  It is also of note, that the commercial real estate firm is currently breaking barriers by leading the way in establishing Real Estate Programs at Historic Black Colleges & Universities (HBCU). Through this ground-breaking initiative, Crossman & Company will have established a Real Estate Program for at least three HBCU’s by the end of 2015, forever impacting the Real Estate industry.

To learn more about Crossman & Company and their influence on the industry, education and the community, visit: www.crossmanco.com.

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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