Tuesday, November 10, 2009

Crossman & Company Broker Courtney Kowalchuk closes on 19 lease transactions in Orange, Volusia and Hillsborough Counties

ORLANDO, Fla. --- Courtney Kowalchuk, senior leasing associate at Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, closed on 19 lease transactions that total 53,996 square feet of retail, office and warehouse space in Orlando, Winter Park, Deltona, Tampa.

John Crossman, president of Crossman & Company, based in Orlando, said Kowalchuk negotiated the 19 transactions representing the landlords for the following:

•Five leases totaling 16,271 square feet of medical/office space at Studio Plaza/Brookwood on Vineland Road in Southwest Orlando including two five-year leases – 5,003 square feet to Southwest Internal Medicine Specialists and 4,452 square feet to Celebration Dental Services, L.C; Two three-year leases – 2,560 square feet to Central Florida Wellness & Rehab, P.A. and 1,918 square feet to Franklin M. Watson II, DDS, P.A. and a two-year lease for 2,338 square feet to HCG International, Inc., a weight-loss clinic.

•A five-year lease agreement for 3,920 square feet of retail space with SIGI, LLC d/b/a Stefanos Italian Grille at Summerport Village in Windermere. Cornerstone at Summerport LLC is the landlord;

•Lake Highland Preparatory School, LLC leased 9,000 square feet of warehouse space for three years from Brookhaven/Virginia LLC, landlord of the facility located at 543 Brookhaven near downtown Orlando.

•Five-year lease agreement with First Alliance Insurance LLC for 880 square feet at 2254 Aloma Ave. in the Shoppes of Aloma and a two-year renewal lease for 810 square feet with Panesar, Inc., a drop-off drycleaner at 2238 Aloma in the same Winter Park center;

•At Deltona Fountains, a five-year lease agreement with West Volusia Memorial Hospital d/b/a Florida Hospital-Deland for 3,000 square feet of retail space and a three-year lease for 1,200 square feet to Jacob Botros for a pizza restaurant at the West Volusia County shopping center located at 777 Deltona Blvd.

•Five-year renewal agreement with The Pool Pleaser III, Inc. for 1,400 square feet of retail space at Cornerstone at Lake Hart on the corner of Narcoossee and Moss Park Roads in southeast Orlando;

•Central Florida Educators Federal Credit Union renewal of 150 square feet for five years at Aloma Shopping Center, 2279 Aloma Avenue, Winter Park

•Three-year lease renewal with Gambro Healthcare of East Orlando, LLP for 4,995 square feet of medical/office space at Orlando Medical & Professional Center on SR 436 north of Curry Ford Road in east Orlando;

•Three lease renewals at the Virginia Drive multi-building office complex located between Alden Road and Ferris Avenue including Flight Avionics with 7,171 square feet for three years at 520 Virginia Drive and one-year each for Oakwood Mortgage Corp. with 1,493 square feet at 636 Virginia Drive and ETA Logistics, 1,500 square feet at 511-2 Brookhaven Drive.

•At City Plaza at Tampa Palms, 16027 Tampa Palms Blvd. in Tampa, MAC Distribution, Inc. d/b/a UPS Store renewed its 1,015 square feet for 15 months and Tampa Palms Animal Hospital renewed its lease of 1,192 square feet for two years.

For more information please contact:
Courtney Kowalchuk, Senior Associate Crossman & Company, 407-581-6232; ckowalchuk@crossmanco.com
Justin Greider, Senior Associate, Crossman & Company/ICSC Florida Next Generation Chair, 407-581-6225; jgreider@crossmanco.com
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

About Crossman & Company:
Crossman & Company is one of the largest third-party retail leasing and management companies in the Southeast with over 16 million square feet under leasing and/or management. Founded in Orlando 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 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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