Crossmarc Services Acquires Grocery-Anchored Shopping Center In Central Florida

CrossMarc Services LLC, a real estate investment and advisory services based in Central Florida, has purchased Crescent City Plaza, a grocery-anchored shopping center in Crescent City, about 50 miles northwest of Daytona Beach.

The property is located on 7.6 acres at 915-925 N. Summit St. Jimmy and Leo Island Properties LLC sold the 47,945-square-foot retail center for $2.7 million.

Built in 1974 and remodeled in 2019, Crescent City Plaza’s tenant roster includes Save-A-Lot and Family Dollar. The property includes a large parcel for future outparcel development.

CrossMarc Services will handle leasing and management functions for the retail center.

Source:  RE Business