Tampa, Fla. (February 4, 2014) – RMC Real Estate Services (RMC) is pleased to announce that during 2013, the company recorded total transaction volume of $79.5 million encompassing 1.4 million square feet within its RMC Property Group and RMC Ross Realty divisions. Leasing activity was strong with 279 lease transactions encompassing 905,000 and total transaction volume of $49.1 million. Investment sales activity was solid with 20 closed deals encompassing 532,000 sq. ft. and total transaction volume of $30.4 million. The investment sales activity was highlighted by the $13.9 million sale of Summerfield Crossing in Riverview and the $3.5 million sale of the Travelodge Maingate Hotel in Kissimmee.
RMC, which is comprised of RMC Property Group and RMC Ross Realty, is headquartered in Tampa. RMC Property Group focuses primarily on retail leasing, management, acquisitions, and development/redevelopment, while RMC Ross Realty has a focus on leasing and investment sales of office, retail, industrial and land brokerage. Collectively, RMC was awarded 53 new exclusive listings totaling approximately 2.1 million sq. ft. and 11 new land listings totaling over 45 acres. Detailed information on key investment sale transactions, major leases, and notable new listing assignments is attached.
“During the year we witnessed a steady improvement in Florida’s real estate market, however competition remains fierce for best in class tenants and properties. Our team is finding creative solutions to meet the needs and demands of our clients, which is evident in the strong results posted by our team in 2013,” said Bobby Eggleston, chief real estate officer and chief financial officer for RMC. “We look forward to 2014 as we continue to grow our platform and exceed the expectations of our trusted clients.”
RMC Real Estate Services, Inc. (RMC)
RMC is one of Florida’s largest and most innovative full-service commercial real estate leasing, management, acquisition, investment sales, development and redevelopment companies. Comprised of companies RMC Property Group and RMC Ross Realty, RMC leases and manages a portfolio of office, industrial and retail properties encompassing over 8 million square feet, has developed more than 140 freestanding drugstores, developed or redeveloped more than 25 Publix-anchored shopping centers, and renovated and redeveloped several other retail and mixed-use properties over the past 15 years. RMC’s extensive development, leasing and management experience clearly provides a competitive edge that is unrivaled and unparalleled.