Crossman & Company Closes Parkland Town Center Sale
ORLANDO, Fla. (May 2, 2018) - 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 Parkland Town Center sits on 5.5 acres at 6604-6710 Parkside Dr. in Parkland. The ...