TAMPA, Fla. (June 3, 2016) — Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, recently completed the sale 114,497 square feet of retail space at 5176 W. Colonial Drive, Orlando, Fla to First Oriental Real Estate.
Crossman & Company Director Brian Carolan represented the seller, SD 228 Investments of Hillsborough, LLC of Tampa, Fla, in the $3.3 million transaction.
“This was a great redevelopment opportunity in a densely populated area of Orlando.
Over 44,000 cars pass by the site daily while national retailer such as Aldi’s, dd’s Discounts and Family Dollar are located in nearby centers,” noted Carolan.
Serving Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia, Crossman & Company has experience selling shopping centers, strip malls, single-tenant, triple-net assets, as well as mixed-use and lifestyle properties.
George Qiao of AAA Global Ventures represented the buyer in the sale of the 10-acre site.
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 25 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.