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| Brian Carolan |
PARKLAND, FL -- Crossman & Company, one of the Southeast’s
largest retail leasing, property management and investment sales firms, has
negotiated the sale of Parkland Town Center in Parkland Fla. to a
private investor in South America.
Crossman & Company’s Managing Director Brian Carolan
represented the New York City based institutional seller in the $6.8 million
transaction.
“We received significant interest in Parkland Town Center given its infill
location and tremendous household incomes,” explains
Carolan. “Despite a rise in interest rates this year, pricing for
destination retail remains strong.”
Crossman & Company has experience in retail and office leasing,
property management and investment sales of shopping centers, single-tenant,
triple-net assets, as well as mixed-use and lifestyle properties
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| Jose Chapman |
Parkland Town Center sits on 5.5 acres at 6604-6710 Parkside Dr. in
Parkland. The center’s 34,930 square feet is 96 percent occupied. Jose
Chapman of A+ International Realty represented the buyer.
Parkland Town Center is in the heart of several upscale residential
communities just north of Holmberg Road. The shopping destination is close to
several 500+ unit residential neighborhoods currently under construction.
For more information, please contact:
(904) 424-6641
www.mbprgroup.com
Mike Bonts
Public Relations | Brand Development | Content Marketing(904) 424-6641
www.mbprgroup.com
(407)
581-6242 or
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