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| Northshore Town Center, Knoxville, TN |
ORLANDO, FL -- Senior
Vice President John Zielinski along with Brian Carolan, Director
at Crossman & Company, have sold Northshore Town Center, located in
Knoxville, TN, to a private group.
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| John Zielinski |
Built in 2012 on 9.21 acres, Northshore Town Center sold at
an undisclosed amount in just about a year’s time. The sale of the 78,306
square foot flagship, Publix-anchored site is the first of its kind to trade as
no other hybrid Publix supermarkets have been obtainable for sale. CHM, LLC a
prominent real estate development firm based in Knoxville, TN was the original
developer for the center.
Carolan stated that, “When Publix goes into a new market, I
believe they only choose the best locations.”
It is also of note that Publix Super Markets, Inc. has been awarded as
one of FORTUNE's "Most Admired Companies" from 1994 to present and
has scored higher than any other supermarket for customer satisfaction in a
national survey conducted by the American Customer Satisfaction Index since
1995.
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| Brian Carolan |
“It has been a pleasure working with both the buyers and
sellers on this transaction. Publix at
Northshore has been a success from day one and will continue to be a strong
performing center for years to come.” said Zielinski.
“Quickness was key in this deal. Northshore Town Center is a
high-end, greatly sought after area.
This three phase mixed-use development includes a 5-acre lake, parks and
more. In the next 5 years we expect to see the project complete with large
national retailers and a significant footprint in the economic development in
Knoxville.”
For a complete
copy of the company’s news release, please contact:
Claire Pagán
Marketing Specialist | Crossman & Company
3333 S. Orange Ave. Suite 201 | Orlando, Florida 32806
407.423.5400 main | 407.581.6223 direct | 352.348.3066 cell
cpagan@crossmanco.com
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