Friday, February 19, 2010

Crossman & Company Commercial Real Estate Expands Into Georgia, Tennessee, South Carolina

ORLANDO - Crossman & Company (www.crossmanco.com), which ranks as one of the largest third-party retail leasing, management, and development firms in the Southeast, recently expanded into the Georgia, South Carolina and Tennessee markets, taking over leasing and management of five retail centers and ten former Publix Supermarket facilities in the metro Atlanta area and Statesboro, as well as Nashville and Murfeesboro, Tenn. and Hilton Head, S.C.

John Crossman, the president of Crossman & Company who formerly served as a Principal with Trammell Crow Company in Atlanta, said the firm’s focus on retail property leasing, sales and management should prove a strong advantage in Georgia.

Crossman & Company recently assumed responsibility for leasing and management of eight former Publix Super Market facilities and three Publix-anchored shopping centers totaling 800,000 square feet of retail space in the metro Atlanta and Statesboro markets.

Crossman, a frequent speaker at universities and national retail association conferences, said retail property management, leasing and sales is evolving new strategies to respond to current economic conditions.

“Property owners are learning that traditional strategies are not sufficient to meet the demands of today’s asymmetrical retail market,” Crossman said. “Survival in today’s economy requires a closer working relationship between property owners, facility managers and retailers, and innovative strategies to better accommodate both customers and tenants,” he said.

Crossman & Company is responsible for leasing small-shop space within Publix-owned shopping centers, leasing outparcels and all subleasing or lease disposition of former Publix locations, according to Crossman.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com

About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in Florida with over 16 million square feet under leasing and/or management. Founded in Orlando, Fla. in 1990, Crossman & Company is a full service commercial real estate firm that advises its clients in leasing, management, development and investment sales of retail and office properties and serves clients including Lakeland based Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

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