Crossman Wins Best-Deal Honors for Second Straight Year

ORLANDO-When it comes to deal-making, John M. Crossman is in a league by himself, according to his peers at the Central Florida Commercial Real Estate Society. The society has honored Crossman for the second year in a row with its 2003 Hallmark Deal-of-the-Year Award. He is senior vice president of Trammell Crow Co.’s retail investment services division in Florida.

Crossman was cited for his work in negotiating a $13-million, 15-year, 107,000-sf lease with Bradenton, FL-based Beall’s Department Stores Inc. at the 19-year-old, 211,712-sf Piedmont Plaza neighborhood shopping center in suburban Apopka, FL, 17 miles northwest of Downtown Orlando.

The center’s owner, Dallas-based POB Montgomery, retained Trammell Crow in January 2003. But after Kmart vacated the space in April 2003, “prospective buyer interest waned,” Crossman tells GlobeSt.com.