ORLANDO, Fla. --- Crossman & Company vice president Justin Greider closed on nine lease agreements at six Publix anchored retail centers in Florida and South Carolina during the third quarter. He also teamed up with associate Craig Katterfield in negotiating a 10th lease for a total of more than 20,000 square feet of retail space.
Greider’s lease transactions, which were all long-term – three to five years and one 20-year lease – include:
At 3,322 square feet the largest single lease agreement, a new five-year deal that will bring a new Five Guys Burgers & Fries restaurant to Island Crossing, a Publix anchored retail center located at 11 Palmetto Bay Rd. on Hilton Head, S.C.
Three new five-year leases at Stadium Corners at Viera, a Publix anchored retail center currently under development on Viera Blvd. at Stadium Parkway in Rockledge. Kim Bo Chinese Restaurant will open a new 1,400 square foot dining room there; Fantastic Sam’s will open a 1,200 square foot styling salon, and Island Animal Clinic a 1,200 square foot facility. The center and these Tenants should open in the first quarter of 2012.
At Lake Miriam Square, a Publix anchored retail center located at 4730 S. Florida Ave. in Lakeland -- Jynelle’s Salon & Spa leased 1,950 square feet for three years, and a Healthy Habits health food store leased 1,300 square feet for five years.
A new 20-year lease of 1.1 acres that will bring a new PNC Bank branch to the Publix anchored Cooper City Commons, located at 9359 Sheridan St. in Cooper City. A new three-year lease of 1,200 square feet of retail space to MetroPCS at Publix in the Highlands, located at 2125 E. CR 540a in Lakeland.
A new five-year lease of 7,318 square feet to Office Depot at Northeast Park, a Publix anchored retail center at 200 37th Ave. N. in St. Petersburg.
Greider and Katterfield teamed up at Rockledge Crossings, a Publix anchored retail center located at Murrell Rd. in Rockledge, to negotiate a new five-year lease agreement that will bring a new 1,225 square foot MetroPCS store to the center
And for the largest transaction of the year for Greider, he negotiated the lease termination of a 47,955 square foot closed Publix location at Horizon Village, located at 2855 Lawrenceville Suwanee Road in Suwanee, Ga., just outside of Atlanta. The former Publix space will be converted into a movie theater concept which includes full-menu food offerings for patrons along with first-run movies.
John Crossman, president of Crossman & Company said Greider ranks as one of the firm’s most productive leasing specialists.
“Justin has a broad network of contacts, he is thoroughly committed to our industry and he is very good at what he does,” Crossman said.
“Altogether, it has been a busy quarter,” Crossman added. “and we are seeing many positive signs of economic recovery,” he added.
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 U.S. 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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