Crossman & Company Closes Shopping Center Sale
PARKLAND, Fla. – Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, has negotiated the sale of Parkland Town Center, a shopping center at 6600 Parkside Drive in Parkland, Fla. to CHG Real Estate Acquisitions LLC of Boca Raton, Fla.
Crossman & Company’s Managing Director, Brian Carolan and Senior Managing Director, Bruce Lyons represented the seller, a special servicer located in South Florida, in the $6 million transaction. Featuring 34,930 square feet of office, restaurant and retail space, Parkland Town Center is 95 percent leased and sits on 5.5 acres.
“Parkland Town Center is in the heart of one of the most sought after neighborhoods in Parkland. This in-fill location creates significant barriers to entry for competing product,” noted Carolan.
Serving Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia with offices in Orlando, Tampa, Miami, Boca Raton, Fla. and Atlanta Ga., Crossman & Company has experience selling shopping centers, single-tenant, triple-net assets, as well as mixed-use and lifestyle properties.
# # #
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 340 shopping centers and 27 million square feet in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. 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.