Crossman & Company Negotiates Long-Term Retail Lease at Banks Crossing in Fayetteville, Ga.

New Sears Hometown Store Opening in January

NBNC - WEB

Fayetteville, Ga. – Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently negotiated a seven-year lease agreement for 7,000 square feet at Banks Crossing shopping center located at Highway 441 S. and Interstate 85 North in Fayetteville.

The new tenant, Sears Authorized Hometown Store will open in mid to late January serving Fayette County and the Atlanta south metro area.

Sherri Mann, Senior Associate at Crossman & Company, negotiated the transaction representing the landlord, Nighteingale Realty, LLC based in New York City.

In addition to a broad assortment of Appliances and Lawn & Garden products, the Banks Crossing location of the Sears Hometown Store will also offer Sears Nationwide Service including parts, delivery and installation as well as a pick-up facility for products sold at Sears.com, according to store manager T.J. Rayford.

The 256,671 square foot shopping center is anchored by J.C. Penney and Kroger.

Other existing tenants include Planet Fitness, Sally Beauty Supply and Cricket Wireless.

# # #

For more information, please contact:

Sherri Mann, Senior Associate, Crossman & Company, 404-514-3517 smann@crosmanco.com

About Sears Hometown and Outlet Stores, Inc.
Sears Hometown and Outlet Stores, Inc. (NASDAQ: SHOS) is a national retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment.  As of May 3, 2014, Sears Hometown and Outlet Stores, Inc.  and its dealers and franchisees operated 1,250 stores across all 50 states and Puerto Rico and Bermuda. In addition to merchandise, Sears Hometown and Outlet Stores, Inc.  provides customers with access to a full suite of services, including home delivery and handling and extended service contracts. Sears Hometown and Outlet Stores, Inc.  operates through two segments—the Sears Hometown and Hardware segment and the Sears Outlet segment. The Sears Hometown and Hardware Segment  stores are designed to provide customers with in-store and online access to a wide selection of national brands of home appliances, tools, lawn and garden equipment, sporting goods, and household goods, depending on the particular store. The Sears Outlet stores are designed to provide customers with in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked and scratched and dented products, collectively, “outlet-value products,” across a broad assortment of merchandise categories, including home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools, and at prices that are significantly lower than manufacturers’ suggested retail prices.

Crossman & Company Negotiates Lease For Publix-anchored center Southshore Village

Main (Elevation Drawing)

Ruskin, Fla. — Crossman & Company, one of the largest retail leasing, investment sales and management firms in the Southeast, negotiated a long-term lease with national salon chain Great Clips at Southshore Village in Ruskin, Fla.

Sandra Woodworth, Senior Associate at Crossman & Company, negotiated the transaction on behalf of the landlord, Lakeland-based Publix Super Markets, Inc.

Great Clips, based in Minneapolis, leased a new 1,200 square foot bay bringing occupancy at the 56,831 square foot center to 95.80 percent.  Brian Bern of Franklin Street Real Estate Services represented the tenant.

Publix plans to break ground soon on its 46,000 square foot anchor store that is slated to open in December 2016.  Two bays remain with deals pending and two outparcels are available for ground lease only, according to Woodworth.

# # #

For more information contact, please contact:

Sandra Woodworth, Senior Associate, Crossman & Company 813-210-7509 swoodworth@crossmanco.com

Veteran Commercial Real Estate Broker Christie Alexander Joins Crossman & Company as Director of Brokerage Services

Christie AlexanderORLANDO — Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, is happy to welcome Christie Alexander as Director of Brokerage Services.

John Crossman, President of Crossman & Company, said Alexander’s commercial real estate career spans more than 20 years and includes sales and leasing of retail, office, land and industrial properties.

Crossman said Alexander also has an extensive background in market analysis, feasibility studies and due diligence on all property types. Most recently, while a principal at NAI Realvest, Alexander teamed with the chairman to provide brokerage and advisory services.

Alexander has closed transactions that have exceeded half a billion dollars, and served clients such as Shell Oil, Ruth’s Chris Steak House, TLC Engineering, MAS Companies and Atlantic Housing Foundation.

Her professional affiliations include NAIOP and International Council of Shopping Centers (ICSC). She has received awards and recognition from Central Florida Commercial Association of Realtors (CFCAR); Top Women in Florida Commercial Real Estate, Florida Real Estate Journal 2007 and NAI Gold Club. She holds a BS in Economics from Arizona State University, where she was a member of Omicron Delta Epsilon (Honor Society in Economics).

“Christie is one of the most experienced and respected commercial real estate brokers in Florida with a very well-rounded background and exposure to all facets of the industry,” said Crossman. “She will play a vital role in our continued growth throughout the Southeast.”

# # #

For more information, media should contact

Christie Alexander, Director of Brokerage Services, Crossman & Company, 407-581-6223   calexander@crossmanco.com

John Crossman, CCIM, CRX, Crossman & Company 407 581-6218 jcrossman@crossmanco.com

Crossman & Company Negotiates $3.7 Million Sale of Pensacola Retail Center

Brian CarolanOrlando / Pensacola – Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently completed the sale of Shoppes at Milestone, a neighborhood retail center at 2160 W. Nine Mile Rd. in Pensacola, Florida.

Bruce Lyons, Crossman & Company’s Senior Managing Director and Brian Carolan, Director of Investment Sales, negotiated the transaction representing the seller.

The buyer, Westwood Financial Corp. of Los Angeles, paid $3,675,000 for the center, which was 100 percent leased at the time of sale.Bruce Lyons

Shoppes at Milestone was built in 1996 and updated in 2000 and is shadow-anchored by Publix Super Markets, Inc. Major tenants include Jersey Mike’s, Hot Heads Burritos, H&R Block, Cricket Wireless, Papa Murphy’s and Enterprise Rent-a-Car.

# # #

For more information please contact

Brian Carolan, Director of Investment Sales, Crossman & Company, 407-581-6242 bcarolan@crossmanco.com

Bruce Lyons, Senior Managing Director, Crossman & Company, 407-581-6230 blyons@crossmanco.com

Crossman & Company negotiates the sale of a rare free-standing Tijuana Flats restaurant on S.R. 436 in Casselberry

DSCN0950

ORLANDO — Crossman & Company, one of the largest retail leasing, management and investment sales firms in the Southeast, recently negotiated the sale of a rare free-standing Tijuana Flats restaurant at 9914 Semoran Blvd. in Casselberry, Florida.

Brian Carolan, Director of Investment Sales and Bruce Lyons, Senior Managing Director at Crossman & Company represented the seller, Greater Properties, Inc., during the negotiation of the transaction.

The 3,068 square foot building, situated on a 1.15 acre site, is one of the few free-standing Tijuana Flats locations in Florida.

Gary Turner of Turner Net Lease Properties represented the buyer in the transaction.

# # #

For more information please contact

Brian Carolan, Director of Investment Sales, Crossman & Company, 407-581-6242 bcarolan@crossmanco.com

Bruce Lyons, Senior Managing Director, Crossman & Company, 407-581-6230 blyons@crossmanco.com