Crossman & Company Closes Pensacola Center Sale

PENSACOLA, Fla. (June 24, 2017) – Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, has negotiated the sale of Pine Forest Shopping Center, a 66,827-square foot retail center in Pensacola, Fla.

Crossman & Company’s Managing Director Brian Carolan represented the Miami based seller during the sale to a Midwest private investor in the $1.4 million transaction. Crossman & Company has experience selling shopping centers, single-tenant, triple-net assets, as well as mixed-use and lifestyle properties.

The center located at 7859 Pine Forest Road sits on over 9 acres. The property is centrally located, with quick and easy access to I-10. Tenants include Pinch A Penny and Subway.

“The center is very close to several military bases and is situated in an area of strong growth,” noted Carolan.

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 385 properties and 28 million square feet.

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

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Pine Forest Shopping Center in Pensacola, Fla.

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About Crossman & Company
Crossman & Company is the premier real estate firm focused on serving retail landlords exclusively throughout the Southeast – with offices in Atlanta, Boca Raton, Tampa, Miami and Orlando – representing more than 370 shopping centers and 28 million square feet in Alabama, Florida, Georgia, Mississippi, North and South Carolina, Tennessee, and Virginia. The company was founded in 1990 with the goal of providing exemplary service to our clients around four core values: Maintain enthusiastically satisfied clients; Demonstrate servant leadership; Practice kindness, openness and humility; and Develop new talent. For more information, visit the company’s website at www.crossmanco.com.