Monthly Archives: April 2018

Crossman & Company Closes Parkland Town Center Sale

PARKLAND, Fla. (April 26, 2018) – Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, has negotiated the sale of Parkland Town Center in Parkland Fla. to a private investor in South America.

Crossman & Company’s Managing Director Brian Carolan represented the New York City based institutional seller in the $6.8 million transaction.

“We received significant interest in Parkland Town Center given its infill location and tremendous household incomes,” explains Carolan. “Despite a rise in interest rates this year, pricing for destination retail remains strong.”

Crossman & Company has experience in retail and office leasing, property management and investment sales of shopping centers, single-tenant, triple-net assets, as well as mixed-use and lifestyle properties

Parkland Town Center sits on 5.5 acres at 6604-6710 Parkside Dr. in Parkland. The center’s 34,930 square feet is 96 percent occupied. Jose Chapman of A+ International Realty represented the buyer.

Parkland Town Center is in the heart of several upscale residential communities just north of Holmberg Road. The shopping destination is close to several 500+ unit residential neighborhoods currently under construction.

Crossman & Company is one of the Southeast’s premier commercial real estate firms with offices in Atlanta, Ga., Orlando, Tampa, Miami and Boca Raton, Fla. focused on serving retail landlords exclusively throughout Alabama, Florida, Georgia, Mississippi, North and South Carolina, Tennessee, and Virginia. Crossman & Company represents more than 395 shopping centers with over 28 million square feet under leasing and/or management.

For more information contact Brian Carolan at (407) 581-6242 or bcarolan@crossmanco.com or visit www.crossmanco.com.

 

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About Crossman & Company

Founded in 1990 with the goal of providing exemplary service to clients around four core values: Maintain enthusiastically satisfied clients; demonstrate servant leadership; practice kindness, openness and humility and develop new talent. Crossman & Company is one of the largest retail leasing, management and investment sales firms focused on serving landlords throughout the Southeast. With offices in Atlanta, Boca Raton, Orlando, Tampa, and Miami, Crossman & Company represents more than 395 shopping centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee with over 28 million square feet under leasing and/or management. For more information, visit the company’s website at www.crossmanco.com.


John Crossman Named CEO of the Year by Business Journal

ORLANDO, Fla. (April 25,2018) – Building a successful business is a team effort — that team requires a strong leader. The Orlando Business Journal has honored John Crossman, CCIM, CRX, of Crossman & Company, as one of Central Florida’s top CEOs.

Crossman was recognized as a CEO who has led their company to prominence and have had an outsized impact on the community and its economy.

Crossman & Company is one of the Southeast’s leading commercial real estate firms with offices in Atlanta, Ga., Orlando, Tampa, Miami and Boca Raton, Fla. focused on serving retail landlords exclusively throughout Alabama, Florida, Georgia, Mississippi, North and South Carolina, Tennessee, and Virginia. Crossman & Company represents more than 395 shopping centers with over 28 million square feet under leasing and/or management.

“We’ve been having significant growth year after year,” Crossman said, “and that’s been good growth. I also get a lot of personal satisfaction from mentoring students, seeing employees grow professionally and advance within the company, continue a commitment to diversity, as well as increasing the range and scope of our company’s services.”

He serves on numerous community, higher education and industry boards and has been recognized with awards including Father of the Year by The American Heart Association, ‘Humanitarian of the Year’ at the prestigious 2018 Eagle Awards by the African American Chamber of Commerce of Central Florida.

A strong believer in grooming tomorrow’s industry leaders, he serves on the executive board for the Florida State University Center for Real Estate Education, the University of Florida Bergstrom Center for Real Estate and the Dr. P. Phillips Institute for Research and Education in Real Estate College of Business Administration at the University of Central Florida.

He is a former trustee for Valencia College, named the No. 1 Community College in the America, and serves on the Florida A&M Foundation Board, the Advisory Board for Palm Beach Atlantic University and Bethune-Cookman University Business Advisory Board. He earned a Bachelor of Science in Real Estate from FSU in 1993.

Mentoring students at universities and colleges throughout the country, Crossman is a sought-after lecturer and panelist on student advancement and professional and personal success. One of Crossman’s popular presentations, “Top 5 Career Killers, Career Builders” is the basis and title for his latest book.

The future in the ever-changing commercial real estate industry will be challenging as well, he said.

Prior to joining Crossman & Company, he was a principal at Trammell Crow Company, where he led their Retail Council, which worked to advance the nationwide retail strategy.

Together John and his brother Scott have built Crossman & Company into one of the industries most respected and thriving commercial real estate firms. An Orlando resident for the past 24 years with his wife Angie. They have two daughters, Claire and Ava.

The past 12 months has been the largest transition of leadership at Crossman & Company in their history with Scott stepping down and changes to the organizational structure.

“How I overcame it? Listening,” noted Crossman. “I needed to hear from the key executives the truth of where we needed to improve. We then started a series of hard and healthy decisions. “I deeply care about our employees and their success. It’s vital to support the leadership team and expand our business, hopefully to open our sixth office next year.”

A total of 22 highest-level local executives were chosen by the Business Journal for this year’s awards for significant achievements in their careers in the past year, a strong record of innovation, outstanding performance in their work and community involvement.

For more information contact Crossman & Company Marketing Manager Gena Filion at (407) 423-5400 or gfilion@crossmanco.com. Or visit www.crossmnaco.com.

 

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About Crossman & Company

Founded in 1990, Crossman & Company is one of the largest retail leasing, management and investment sales firms focused on serving landlords throughout the Southeast. With offices in Atlanta Ga., Charlotte, N.C.,  Boca Raton, Orlando, Tampa, and Miami Fla., Crossman & Company represents more than 400 shopping centers in Alabama, Florida, Georgia, North Carolina, South Carolina, Mississippi, and Tennessee with over 28 million square feet under leasing and/or management. Visit www.crossmanco.com.


Crossman & Company Inks Four Florida Lease Deals

Miami office closes on tenants for Publix anchored shopping destinations

MIAMI, Fla. (April 8, 2018) – The Miami office of Crossman & Company, the Southeast’s premier retail leasing, property management and investment sales firms, has negotiated leases for properties in Fort Meyers, Miami and Lehigh Acres.

Crossman & Company Associate Fernando Espino of the Miami office closed the transactions adding tenants to four Publix Supermarket anchored shopping destinations.

  • Woody’s, the biggest BBQ chain in Florida with 25 locations, has opened in the Crossroads of Lehigh Acres at 5781 in Lehigh Acres, Fla. Woody’s is leasing 2,800 square feet in the 74,240 square foot shopping center that is 96 percent leased.
  • Taco Rico opened their seventh location, leasing 1,500 square feet in Doral Isles Shopping Plaza, 10755 NW 58th in Miami. The 75,373 square foot shopping center is 100 percent leased. Eric Eisenberg of Southeast Atlantic Realty represented the tenant.
  • Lisa’s Nail Spa has leased 1,271 square feet at First Street Shopping Village in Fort Meyers. The 54,926 center is 95 percent leased.
  • 1 Wok is leasing University Commons at 13401 Summerlin Road in Fort Myers. The 777,500 square foot center is now completely leased with the addition of the 1,400 being leased by No. 1 Wok.

Once again, Crossman & Company has shown the ability to connect owners and client landlords with popular brands, chains and retailers. Crossman & Company has experience in retail and office leasing, property management and investment sales of shopping centers, single-tenant, triple-net assets, as well as mixed-use and lifestyle properties.

For more information contact Fernando Espino at (305) 632-1809, email at fespino@crossmanco.com or visit www.crossmanco.com.

 

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About Crossman & Company

Crossman & Company is the premier commercial real estate firm with offices in Atlanta, Ga., Orlando, Tampa, Miami and Boca Raton, Fla. focused on serving retail landlords exclusively throughout Alabama, Florida, Georgia, Mississippi, North and South Carolina, Tennessee, and Virginia. Founded in 1990, Crossman & Company has built an ever-growing retail portfolio more than 400 properties and 28 million square feet.