Crossman & Company Executives to Play Starring Role at Upcoming ICSC Convention in Las Vegas

ORLANDO, Fla. --- Crossman & Company, the Orlando-based commercial property firm that ranks as one of the largest retail property specialists in the Southeast, will play a big role at the upcoming International Council of Shopping Centers (ICSC) Recon Convention in Las Vegas starting May 22.

John Crossman, president of Crossman & Company, said top executives at Crossman & Company have earned speaker spots at the convention.

Crossman, associate Whitaker Leonhardt, and Justin Greider, vice president and director of leasing, will speak on the First Timer’s Orientation Panel, May 22, Crossman said.

Courtney Kowalchuk, vice president of leasing will head a breakfast roundtable on May 23 with an interesting topic: “Finding Tenant’s Where None Exist — Creative Ways to Lease Retail Space.”

Kowalchuk said the panel’s discussion will cover finding temporary and short term tenants, working with the public sector and using social media.

Senior associate Daniel Germano will head a breakfast roundtable May 23 for college students: “How to Make the Most of ICSC and Recon.”

“We’re going to focus on how to find contacts at Recon that will lead to a job in the industry,” Germano said.

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.

Crossman & Company Releases ICSC 2010 Florida Retail Report

ORLANDO, Fla. --- Crossman & Company, one of the largest third-party retail leasing and management firms in the Southeast, presented the bi-annual ICSC Spring Florida Retail Report at the ICSC West Florida Idea Exchange in Tampa recently. Crossman & Company has produced the report on behalf of ICSC for the past 15 years. The report includes contributions from over 45 separate companies throughout the state.

“We have seen a return to stability in the market in the first half of 2010,” said Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”

The report notes that rental rates for the entire state average $14.27 for year-end 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at 89 percent, a decrease of about 6 percent from its peak in 2006.

“The outlook for the next 6-12 months is one of cautious optimism,” Greider said, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
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For more information, contact:Justin M Greider, Vice President – Director of Leasing, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com

Crossman & Company Releases ICSC 2010 Florida Retail Report

ORLANDO - Crossman & Company, one of the largest third party retail leasing and management firms in the Southeast, will be presenting the bi-annual ICSC Florida Retail Report at the Keynote Presentation, Monday Aug. 23 at 1 p.m. Crossman & Company has produced the report on behalf of ICSC for the past 15 years, and includes contributions from over 75 separate companies throughout the state.

“We have seen a return to stability in the market in the first half of 2010,” stated Justin Greider, the primary author of the report. “In nearly every market of the state we have seen the freefall of rents and occupancy leveling off, indicating we may have found the bottom of the market, though significant challenges still remain for owners and retailers alike.”

The report notes that rental rates for the entire state average $16.60 for mid-year 2010, down nearly 15 percent from the peak in the first quarter of 2008. Occupancy has leveled off at just over 89 percent, a decrease of about 6 percent from its peak in 2006.

“The outlook for the next 6-12 months is one of cautious optimism,” Greider added, “People throughout the state are very positive, but the recovery is going to be long and slow, and there is still a lot of over-valued product that has to work its way through the system.”
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To view the 2010 ICSC Florida Retail Report go to: http://crossmanco.com/assets/files/2010%20ICSC%20Florida%20Retail%20Report.pdf
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For more information, contact:
Justin M Greider, Senior Associate, Crossman & Company, ICSC Southern Division NextGen Chair, 407-581-6225; John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@crossmanco.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142, lvershelco@aol.com

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.

Crossman & Company to Moderate Panel Discussion on Real Estate Opportunities at Lake Nona

ORLANDO - John Crossman, president of Crossman & Company, the Orlando-based commercial property company that ranks as one of the largest third-party retail leasing and management firms in the Southeast, will moderate a panel discussion on Real Estate Development Opportunities at Lake Nona on Thursday, April 29, at the Eagle Creek Golf Club, 10359 Emerson Lake Blvd. in Orlando.

The program, sponsored by the International Council of Shopping Centers (ICSC), will feature Ray Gilley, president and CEO of the Economic Development Commission of Mid-Florida, Dean Grandin, City of Orlando Planning Director, and Ryan Stahl, president of Equinox Development.

“Over the last decade, the Lake Nona area east of Orlando International Airport has seen significant growth,” Crossman said. “Lake Nona Country Club and several high end residential neighborhoods have anchored the area, and significant new commercial development such as Orlando’s Medical City, the University of Central Florida’s new Medical School, Nemours Children’s Hospital, a new Veterans Hospital and the Sanford Burnham Institute for Medical Research have changed the nature of the region,” Crossman said.

A new S.R. 417 interchange nearing completion at Moss Park Road will substantially improve access to the area, Crossman added.
The program is open to the public.

Earlier in the month Crossman participated in a panel on real estate careers at the University of Central Florida. Crossman emphasized the increased importance of specialization in commercial real estate and ongoing education and training.

“Commercial real estate is a complex industry and specialization is becoming an increasingly prevalent component,” Crossman said.

He advised students to focus early on leasing, development, institutional real estate, accounting, analysis or property management.

“Find out what you like and pursue it with passion,” Crossman told the students.

For more information, contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@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.

Crossman & Company President and Orlando Official School Wharton School of Business on Downtown Redevelopment

ORLANDO - John Crossman, president of Crossman & Company in Orlando and Davon Barbour, assistant director of Orlando’s Downtown Development Board and Community Redevelopment Agency, recently made a presentation at the Wharton School of Business at the University of Pennsylvania on how to incorporate retail participants in successful downtown redevelopment strategies. The presentation was part of the University of Shopping Centers, a three-day professional continuing education event held by the International Council of Shopping Centers.

Crossman, whose company ranks as one of the largest third-party retail leasing and management firms in the Southeast, said Orlando makes an exceptional model for successful downtown redevelopment.

“Orlando boasts all the most important elements of a successful redevelopment strategy,” Crossman said.

“You need leaders who have a vision of the future, and Orlando Mayor Buddy Dyer and Orange County Mayor Rich Crotty ably fulfill that role. Leaders need to work cooperatively, they need to do their research and they need to focus on residential development that will attract retail developers,” Crossman said.
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For more information please contact: John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com; Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@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 Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Twitter, Facebook Tools for Commercial Real Estate Executives is Agenda of ICSC Panel Discussion Feb. 25-26 in Tampa

TAMPA - Social media---Twitter, FaceBook, Flickr---and LeadsCommunity.com, a recent web launch designed for commercial real estate professionals, are the focus of a panel discussion at the International Council of Shopping Centers’ Idea Exchange conference scheduled Feb. 25-26 at the Grand Hyatt Hotel in Tampa.

John Crossman, CCIM, president of Crossman & Company, the Orlando firm that ranks as one of the largest third-party retail leasing and management firms in the Southeast will head the panel discussion on social media tools on Friday, Feb. 25.

“We’re going to take an in-depth look at how social media sites and apps are helping commercial real estate executives gain exposure for projects and ultimately get deals done,” Crossman explained.

Panelists including Andrew Gregory, President of eMedia Concepts; Kevin Hourigan, President and CEO of Bayshore Solutions; and Hue Chen, founder of Leadscommunity.com, plan to discuss the latest trends in Facebook, Twitter, Flickr, and real estate-specific sites such as LeadsCommunity.com, Crossman said.

“We will offer tips and best practices to help all skill levels,” Crossman said. “Social networking can be a valuable and highly profitable tool and anyone can learn to do it,” he said.

For details about the West Florida ICSC Idea Exchange, visit http://www.icsc.org/apps/meeting_display.php?meeting=2010WF.

ICSC Next Generation Chairman Justin Greider, senior associate at Crossman & Company, will present a Retail Trends Update during the conference on the same date.
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For more information please contact:
John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com;
Molly Delahunty, Crossman & Company, 407-581-6220 mdelahunty@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 Publix Super Markets, Inc., Lake Nona, PREIT, and LaSalle Investment Management. Please visit www.crossmanco.com, or call 407-423-5400 for more information.

Crossman & Company President, Orlando Official are Featured Speakers at ICSC Symposium on Community Development

ORLANDO- John Crossman, president of Crossman & Company, will join the City of Orlando’s Davon Barbour, assistant director of the Downtown Development Board Community Redevelopment Agency to co-chair a course at the International Council of Shopping Centers (ICSC) University of Shopping Centers Symposium March 10 at the University of Pennsylvania in Philadelphia.

Crossman, whose Orlando-based commercial real estate firm ranks as one of the largest third party retail leasing and management companies in the southeast, is partnering with Barbour to co-teach a course entitled, Challenges and Opportunities for Community Success: The Shift to a New Economy.

“With the pressure of a tightening economy, budget deficits and infrastructure costs, the work of planners has become more challenging than ever before,” Crossman explained.

“We will be emphasizing local economic development initiatives and strategic plans that comprise the next frontier of retail development,” he said.

Crossman said the course will focus on new trends in retail development and renovation, the challenge of filling vacant retail spaces, using special incentives for new retail development, and establishing a successful long-term retail development plan for a community.

“Our course will give planners, retail property developers and community activists a competitive advantage, arming them with the knowledge to help position their community optimally in the future,” he said.

The course is sponsored by the International Council of Shopping Centers, the world’s largest professional association for retail property developers and planners.

For more information, contact:

John Crossman, CCIM, President, Crossman & Company, 407-581-6218, Jcrossman@crossmanco.com;

Justin Greider, Senior Associate, Crossman & Company/ICSC Florida Next Generation Chair, 407-581-6225; jgreider@crossmanco.com

ICSC Offers Exciting Professional Development Opportunities at Florida Conference in Kissimmee Aug. 16-18

ICSC Offers Exciting Professional Development Opportunities at Florida Conference in Kissimmee Aug. 16-18

“Announcing the Addition of the Reconnect Pavilion”

NEW YORK – Based on its recent success at RECon 2009, the International Council of Shopping Centers, Inc. (ICSC) is pleased to announce the addition of the “Reconnect Pavilion – Recruiting, Retraining & Resources” to the Florida Conference taking place August 16-18 at the Gaylord Palms Resort & Convention Center in Kissimmee.

“Realizing that the current economy has impacted all of us, ICSC created the Reconnect Pavilion to help alleviate many of the challenges facing industry professionals by offering highly specialized resources,” stated Michael Kercheval, president and CEO of ICSC. “Due to how well the pavilion was received by attendees at RECon, we decided to incorporate it into future conferences,” Kercheval added.

The “Reconnect Pavilion,” is designed for attendees looking to start their own business or simply looking to advance their professional know-how and offers specialized training sessions, mentoring, educational sessions, and professional development classes lead by industry professionals and professional career coaches. The pavilion will also feature networking, continuing education information, mentoring, job coaching and more.

“I’m impressed by the commitment ICSC has shown to students as well as the younger generation of industry professionals,” said Esteban Koffsmon, student, University of Columbia.

“The Reconnect Pavilion at RECon helped me connect with numerous industry professionals and provided a forum for obtaining invaluable career advice and opportunities. I would highly recommend that anyone looking to advance their career utilize this resource,” Koffsmon added.

Registration fee for the ICSC 2009 Florida Conference is $350 for members; for nonmembers the fee is $595. Press registration is complimentary. To register, contact ICSC’s Members Services Department at 646-728-3800 or register online at www.icsc.org.

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its nearly 70,000 members in about 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.

Contact:
Jesse Tron, International Council of Shopping Centers, 1-646-728-3814

John Crossman to Moderate ICSC Forum on Future of Commercial Real Estate in Central Florida July 28 in Maitland

John Crossman to Moderate ICSC Forum on Future of Commercial Real Estate in Central Florida July 28 in Maitland

ORLANDO, Fla. - John Crossman, president of Crossman & Company, one of Florida’s largest and most active retail property companies, will moderate an ICSC expert panel discussion on the future of commercial real estate in Central Florida on Tuesday, July 28 at The Village at Lake Lily, 925 S. Orlando Ave. in Maitland.

Crossman & Company was recently named exclusive local leasing broker at Orlando Fashion Square near downtown Orlando, and currently has over 16 million square feet of commercial space under leasing and/or management.

Crossman said expert panelists include Randy Anderson, chairman of the UCF Real Estate Department; Chris Brockman, a partner at the Holland + Knight law firm in Maitland; Lonnie Peterson, chairman of Cuhaci & Peterson architects in Baldwin park which designs more than a million square feet of retail space annually throughout the U.S.; and Declan Reiley, vice president of business development for the Metro Orlando Economic Development Commission.

The program, entitled, “Central Florida---Where It Is, Where It Is Headed,” is being hosted by the International Council of Shopping Centers (ICSC) Orlando Local Program Committee.

“Our panel of local industry insiders will be discussing what the key indicators to watch as the commercial real estate market begins to turn, and also the significant role that public policy will play in the real estate market over the next 12 months,” said Crossman.

Registration begins at 4:30 p.m. and the panel discussion begins at 5 p.m., followed by tours of the Village at Lake Lily project.

Admission to the event costs $30 in advance or $45 at the door for ICSC members, $45 in advance or $60 at the door for non-members.

Call 646-728-3800 to register for the event.

For more information please contact:

John Crossman, CCIM, President, Crossman & Company, 407-581-6218, jcrossman@crossmanco.com

Justin Greider, Senior Associate, Crossman & Company/ICSC Florida Next Generation Chair, 407-423-5400 jgreider@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 Florida 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 http://www.crossmanco.com/, or call 407-423-5400 for more information.