Gainesville Shopping Center Sold by Crossman & Company
GAINESVILLE, Fla. -- Crossman & Company, one of the Southeast’s largest retail leasing, property management and investment sales firms, has negotiated the sale of University Towne Center, an 18,496-square foot shopping center at 3345 SW 34th St. in Gainesville, Fla. Crossman & Company Managing Director Brian Carolan and Senior Managing Director Bruce Lyons represented the seller, a special servicer located in South Florida, in the $2.8 million transaction. University Towne Center is 65 percent leased and sits on 1.7 acres. Crossman & Company has built a solid track record of connecting investment sales clients with qualified and sellers and buyers. University Towne Center is no exception. “University Towne Center is located on the southeast corner of SW34th Street and Archer Road, a hub of retail activity in the city,” noted Carolan. “Close to Shands, the sprawling university campus and thousands of residential units, the center sits in the busiest retail c