TH Real Estate Taps Crossman & Company for Promenade Shopping Plaza

PALM BEACH GARDENS, Fla. - Oct. 15, 2018 - PRLog -- Crossman & Company, the Southeast's premier commercial real estate leasing, property management and investment sales firm, has added Promenade Shopping Plaza in Palm Beach Gardens, Fla. to its impressive leasing and property management portfolio.

Ideally situated on Alternate A1A, between PGA Blvd and Northlake Blvd., the popular center is anchored by Publix, Planet Fitness, CVS, ACE Hardware and Bealls Outlet.

"This is a well-anchored asset in a strong retail market. The Northern Palm Beach County population is on the upswing and high-profile retail opportunities face a high barrier-to-entry given limited available land for future development. That makes the center's prominent 5,060 square-foot endcap position very desirable," noted Crossman & Company's Regional Leasing Director Michael Rautbord.

The 201,545-square-foot shopping destination at 9900 Alternate A1A S is 95 percent occupied.

The experienced Crossman & Company team continues to show the ability to connect owners and client landlords like TH Real Estate with desirable tenants and brands.

TH Real Estate is an affiliate of Nuveen, the investment management arm of TIAA, and the second largest investment manager of retail-based real estate globally and the fourth largest for the U.S.

Palm Beach Gardens is part of South Florida's vibrant and burgeoning consumer market with above-average wage and population growth. Attractive outparcels drive traffic to the plaza that is well located, with access to Florida's major arterials of I-95 and the Florida Turnpike.

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.

For more information contact Michael Rautbord at 561.447.8529 or mrautbord@crossmanco.com.

Visit https://www.crossmanco.com/wpcontent/uploads/2018/08/Promenade-Shopping-Center-Flyer.pdf.