ORLANDO, FLA. – A business trade publication has named the National Entrepreneur Center’s recent move to 21,000 square foot facilities at Orlando Fashion Square on East Colonial Drive near downtown Orlando as the Central Florida region’s “Best Headquarters Campus Relocation”.
John Crossman, president of Crossman & Company in Orlando, which represents Orlando Fashion Square owners Pennsylvania Real Estate Investment Trust and negotiated the new long term lease with the National Entrepreneur Center (NEC) said the recognition is well-earned.
“The National Entrepreneur Center – formerly the Disney Entrepreneur Center – broke new ground with its retail mall location,” Crossman said. “It’s a convergence of two major trends in American business — a growing diversity in mall facilities and the move by business incubation and entrepreneur agencies to get closer to small business,” he said.
Crossman said the new NEC’s headquarters is a showcase facility at Orlando Fashion Square that drives traffic to the downtown Orlando retail center.
About The National Entrepreneur Center
The National Entrepreneur Center is a public/private partnership established in 2003 to support and assist small business development in Central Florida. The center houses a variety of non-profit business support organizations and is funded by Orange County, Walt Disney World Resort, The University of Central Florida, The City of Orlando, the Florida High Tech Corridor Council, Regions Bank, Blue Cross Blue Shield of Florida, Banco Popular, The Orlando Magic, Bank First, Orlando Utilities Commission, and Bright House Business Solutions.
Organizations affiliated with the National Entrepreneur Center are: The African American Chamber of Commerce of Central Florida, The UCF Small Business Development Center, The Central Florida Disability Chamber, The National Assn. of Women business Owners, The UCF Business Incubation Program, The British American Chamber of Commerce, The Hispanic Chamber of Commerce of Central Florida, The Hispanic Business Initiative Fund, SCORE, The Urban League of Central Florida, The Black MBA Assn, and the US Dept. of Commerce.
About Orlando Fashion Square/PREIT
Orlando Fashion Square is owned and operated by Pennsylvania Real Estate Investment Trust. Founded in 1960 and one of the first equity REITs in the U.S., PREIT has a primary investment focus on retail shopping malls and power centers. Currently, the company’s retail portfolio is approximately 33 million square feet and consists of 56 properties, including 38 shopping malls, 14 strip and power centers, and four properties under development. The company’s properties are located in 13 states in the eastern half of the United States, primarily in the Mid-Atlantic region. PREIT is headquartered in Philadelphia, Pa. The company’s Web site can be found at www.preit.com. PREIT is publicly traded on the NYSE under the symbol PEI.
About Crossman & Company
Headquartered in Orlando, Florida, Crossman & Company is a commercial real estate brokerage firm that specializes in the retail industry. Currently their portfolio under leasing and/or management exceeds 150 shopping centers throughout the Southeast US. Founded in 1990, Crossman & Company focuses solely on landlord representation and serves clients including Publix, PREIT, and GE. Please visit www.crossmanco.com, or call 407-423-5400 for more information.
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