Crossman & Company, one of the Southeast’s premier retail leasing, property management, and investment sales firms, announced today the sale of Orange City Marketplace, a 172,079 square-foot grocery-anchored retail center in Orange City, Fla. The Property sold for $15,400,000.

“Orange City Marketplace held up well during the pandemic and this transaction illustrates that multi-tenant deals can still get done even in this environment” stated Brian Carolan, managing director in Crossman & Company’s Orlando office.

Orange City Marketplace is located at 816 Saxon Boulevard in Orange City, FL. The center benefits from being in proximity (1.25 miles) to Interstate 4 and its 112,000 average vehicles per day. This approximate two-minute drive results in additional patrons to Orange City Marketplace. Orange City Marketplace is anchored by Orange City Racing & Card Club, Planet Fitness and Dollar General. The center also includes other national and local tenants.

Orange City Marketplace

“The Buyer and Seller showed tremendous resilience in getting this transaction closed in what has been a challenging year for the retail industry” noted Carolan.

Carolan, managing director in Crossman & Company’s Orlando office negotiated the sale on behalf of central Florida real estate veterans Scott Crossman & Daryl Carter.

Serving Florida, Georgia, Alabama, Tennessee, South Carolina, and North Carolina, with offices in Orlando, Tampa, Miami, Boca Raton, Fla., Charlotte, N.C., and Atlanta Ga., 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. Crossman & Company represents nearly 400 shopping centers in the Southeast with over 28 million square feet under leasing and/or management.

About Crossman & Company

Founded in 1990 with the goal of providing exemplary service to clients around four core values: Maintain enthusiastically satisfied clients; demonstrate servant leadership; practice kindness, openness, and humility and develop new talent. Crossman & Company is one of the largest retail leasing, management, and investment sales firms focused on serving landlords throughout the Southeast. With offices in Atlanta, Boca Raton, Charlotte, Orlando, Tampa, and Miami, Crossman & Company represents nearly 400 shopping centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee with over 28 million square feet under leasing and/or management. For more information, visit the company’s website at www.crossmanco.com.