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| Pearl Britain Plaza, Ocala, FL |
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| Mark Thompson |
ORLANDO, FL --- Mark Thompson, managing director at
Crossman & Company one of the largest retail leasing, management and
investment sales firms in the Southeast, recently negotiated the sale of Pearl
Britain Plaza in northeast Ocala.
Thompson, who represented
the Seller Pearl Britain Development of Troy, MI, said the 82,216 square foot
Publix-anchored center and its 18.5-acre site, was sold to a private investor
out of Coral Gables for $4,436,300.
“This was a unique
value-added Publix with 70 percent vacancy in the shop space. Our campaign process generated over 100
authorized confidentiality agreements and several offers for the property,”
said Thompson. “A private investor from
South Florida delivered a non-refundable day-one offer to close the deal.”
Pearl Britain Plaza is one
of three shopping centers Thompson sold over the past 60 days in Central
Florida totaling more than $11.88 million and 150,000 square feet. The 21,600 square foot Publix Shadow, Shoppes
at Andover in Orlando was sold for $4,900,000 and the 46,177 square foot Plaza
Del Sol on SR 434 in Longwood sold for $2,550,000.
For a complete copy of the company’s news release,
please contact:
Beth Payan, Larry Vershel
Communications, 407-644 4142 or 407-461 3781 lvershelco@aol.com
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