Winter Park Publix-Anchored Shopping Center Closes for $24.8 Million

WINTER PARK, FL –A Winter Park landmark, Hollieanna and Oakley Center transacted for $24.8 million last week.  Located on the corner of 17-92 and Fairbanks Avenue, the 102,000 square foot shopping center is anchored by Publix and boasts tenants, such as, Tuesday Morning, AAA, Moe’s Southwest Grill, T-Mobile and Sherwin Williams.  Originally constructed in 1953, the center was redeveloped in 2011 and was 98% occupied at the time of sale.  Crossman & Company’s Managing Director Mark Thompson along with Investment Sales Analyst Leah Harrington exclusively represented the sellers, a family in Indiana who had owned the center since its original construction.

“As a broker you are always fortunate when you can work with a quality seller, buyer and property in a great market,” noted Mark Thompson.  “In this case we had all metrics and the deal flowed nicely throughout the entire process.”

Crossman & Company’s President, John Crossman, states “This is the 10th Publix-anchored shopping center Mark Thompson has brokered this year and he has three more in the market. We are proud of the leadership he has portrayed in our Investment Sales team.”

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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