ELLIOTT M. ROSS, MANAGING DIRECTOR FOR RMC ROSS REALTY, CELEBRATED WITH MULTIPLE HONORS IN 2014
RMC Property Group is proud to announce the continued recognition of Elliott M. Ross, CCIM, as a leader in the Tampa Bay community. Ross is the Managing Director of RMC Ross Realty and a 30-year commercial real estate veteran and broker. Ross received numerous accolades in 2014 that further advocate his position as a community leader and accomplished entrepreneur.
Ross was named to the Synovus Bank Board of Directors, asked to join the University of Wisconsin Department of Economics Advisory Board, inducted into the Hudson High School ‘Wall of Fame’ by the Education Foundation of Hudson, and honored with the 2014 “Humanitarian of the Year” Award by Tom James, Board Chair of the Chi Chi Rodriguez Youth Foundation.
Ross’ recognitions include:
- Synovus Bank: One of the largest community banks in the Southeast. The role of its Board of Directors is to act as community ambassadors and to drive strategic market growth.
- University of Wisconsin Economics Advisory Board: Established to utilize alumni who have excelled in their career, and can advise and assist the department with their comprehensive knowledge.
- Education Foundation of Hudson’s “Wall of Fame” Established to commemorate distinguished alumni who act as inspirational role models for students, and promote a legacy of community pride.
- Express Oil Change: 4,750 SF open air plus 345 SF office with HVAC auto repair building located at 321 W Dr MLK Jr Blvd in Seffner, FL. The property sold to National Retail Properties, LP for $675,000. Chris Shryock and Elliott M. Ross, CCIM, of RMC Ross Realty represented the seller: SPB Properties LLC.
- Chi Chi Rodriguez Youth Foundation: A not for profit 501(c)3 organization created to help at-risk youth achieve academic, social and economic success by remaining engaged in their education and acquiring the practical skills to excel.
- Ross, a private pilot, continues to volunteer flight hours for Angel Flight and Veterans Airlift charity requests.
“I appreciate being acknowledged for my hard work in the community,” said Elliott Ross, Managing Director for RMC Ross Realty. “I am passionate about giving back, as well as sharing my industry knowledge with those who feel as strongly as I do about strengthening our community and industry. I believe it is important to be involved with organizations with the same values.”
RMC PROPERTY GROUP SPONSORS THE INAUGURAL FARA ENERGY SPINATHON, IN SUPPORT OF FREDREICH’S ATAXIA RESEARCH ALLIANCE (FARA)
RMC is proud to announce our sponsorship of the Inaugural FARA Energy Spinathon hosted at SOHO Cycling Studio of Tampa on Saturday, January 24 from 8:30am-10:30am.
Participants in the event will “keep the wheels in motion” for two hours, to help fund a cure for Friedreichs Ataxia (FA). FA is a debilitating, life-shortening, degenerative neuromuscular genetic disorder (curefara.org). After the ride, World of Beer has invited all of the attendees for beer and Bavarian pretzels at the South Tampa location.
There are many ways to get involved:
- Register for the event here or on the SOHO Cycling Studio’s website at sohocyclingstudio.com
- If you are unable to ride, support a participant by donating to their ride and helping them reach their fundraising goal here.
“RMC has supported the Tampa Bay community for over 20 years and supporting the community and helping others is a core value. RMC is proud to sponsor the FARA Energy Spinathon.” said Susie Rice, event manager and President for RMC. “I am passionate about bringing awareness to this disease. Over the past 10 years, I have seen how FA, has afflicted two very special sisters. I have watched this disorder rob these wonderful young girls, of their energy and ability to walk unaided. I have made a personal commitment to further FARA’s mission of finding a cure, I know it is out there and the researchers are close.”
RMC PROPERTY GROUP NAMED EXCLUSIVE LEASING AGENT FOR MARINER CROSSING IN SPRING HILL, FL
Grocery-Anchored Shopping Center Adds 97,800 SF to Lease Portfolio
Tampa, Fla. (December 5, 2014) - RMC Property Group (RMC) is pleased to announce its been awarded the exclusive leasing assignment of Mariner Crossing, a 97,812 square foot Winn-Dixie anchored shopping center located at 4185 Mariner Boulevard, Spring Hill, FL 34609. Other national tenants include Anytime Fitness, Firehouse Subs, Advanced Auto Parts and Regions Bank.
The center is located at the busy signalized intersection of Mariner Boulevard and Northcliffe Boulevard with a combined 47,000 vehicular trips per day. Mariner Crossing also benefits from excellent access from both streets, and attractive demographics of 45,000 households in a 5-mile radius.
Erica Nelson, leasing executive with RMC, will be handling the leasing of Mariner Crossing. Approximately 15,000 square feet is immediately available for lease.
“We are excited by the long term potential of the shopping center given its strategic location, and feel the shopping center makes an excellent addition to RMC’s already outstanding portfolio. We see tremendous opportunity to increase the occupancy and add value for our trusted client,” said Bobby Eggleston, chief real estate officer and chief financial officer for RMC.
SOLD: RMC BROKERS SALE OF MEDICAL/RETAIL COMPLEX IN TEMPLE TERRACE
Tampa, Fla. (November 4, 2014) - RMC Property Group (RMC) is pleased to announce the sale of an unanchored Medical/Retail Complex located at 11402 N. 56th St, Temple Terrace, FL 33617. The complex is approximately 12,000 sf and is situated on 1.05 acres. The complex is located in a highly desirable intersection of 56th street and Fowler, and in close proximity to one of the largest public universities in the nation, the University of South Florida (USF).
The undisclosed buyer paid $987,500, or $82.00 sf. The seller was represented by Bobby Eggleston and Brandon Eggleston of RMC Property Group.
RMC ANNOUNCES THE COMPLETION OF INDIAN ROCKS SHOPPING DEVELOPMENT
Tampa, Fla. (November 4, 2014) - RMC Property Group (RMC) is pleased to announce the completed redevelopment of Indian Rocks Shopping Center, a Publix-anchored shopping center located at the intersection of Indian Rocks Road and Walsingham Road in Largo, Fla. The redevelopment project transformed the fully-leased shopping center with a brand new 45,000 sf Publix store, a new façade for the entire shopping center, and enhanced landscaping and signage features. Additionally, 2,600 square feet of leasable inline space was created as part of the redevelopment, creating the first new leasing opportunity at the shopping center in years.
Harnessing its expertise as a premier commercial developer, RMC was able to complete the construction in phases so that the co-anchors at the center, Beall’s Outlet and Dollar Tree, and other tenants could remain open during the process. Campo Engineering and Fisher & Associates handled the project’s engineering and architectural work for RMC.
“We are proud of the outcome of Indian Rocks Shopping Center’s redevelopment. It was a tremendous opportunity to modernize the center, while creating features that facilitate an enhanced shopping experience for our customers”, said Bobby Eggleston, chief real estate officer and chief financial officer of RMC.
SOLD: PUBLIX ANCHORED: SHOPPES OF APOLLO BEACH (109,878 SF)
Tampa, Fla. (June 18, 2014) - RMC Ross Realty is pleased to announce the sale of this Publix anchored shopping center. Over the past two plus years “The Ross Team” stabilized and added significant value to the shopping center for the owners out of Chicago who purchased the property at auction. The retail property sold for $12,800,000 to REAL SUB, LLC.
Elliott M. Ross, CCIM and John F. Stoner, CCIM, of RMC Ross Realty represented the Seller, KLA Apollo Beach.
RMC ANNOUNCES CARRABBA’S GROUND LEASE
Tampa, Fla. (May 6, 2014) - RMC Property Group (“RMC”) is pleased to announce it has executed a long term ground lease with Carrabbas’s Italian Grill (“Carrabba’s”) for a 1.31-acre outparcel to the Lowe’s Home Improvement (“Lowe’s”) store in Venice, FL. RMC recently purchased the 1.31 acre site from Lowe’s and Carrabba’s will immediately begin the construction of a new restaurant which is anticipated to open in late 2014.
RMC created the outparcel by carving out a portion of the existing Lowe’s parking field. The development of the outparcel was a complex process that required entitling the outparcel through Sarasota County and obtaining modifications to several reciprocal easement agreements that encumbered the property.
Bobby Eggleston, RMC’s chief real estate officer and chief financial officer, represented RMC and Jim Kovacs of Colliers International represented Carrabba’s in the lease negotiation.
RMC PROPERTY GROUP SELECTED AS EXCLUSIVE LEASING AGENT FOR SANIBEL BEACH PLACE IN FORT MYERS
Tampa, Fla. (April 7, 2014) - RMC Property Group (RMC) is pleased to announce it has been awarded the exclusive leasing assignment for Sanibel Beach Place, a 72,886 sq. ft. retail shopping center situated alongside Summerlin Road in Fort Myers. RMC is leasing the center on behalf of Global Realty and Management, the property’s owner.
Sanibel Beach Place, located at 20291 Summerlin Rd, is the closest Publix-anchored center to Sanibel Island, a major tourism destination in Southwest Florida. The center is located directly across from the popular Tanger Outlet Center in a highly visible, affluent area proximate to the Sanibel Causeway.
Erica Nelson, leasing agent with RMC Property Group, is handling the leasing of the center.
“We are very pleased that the property’s ownership has selected RMC once again to provide leasing services, and we look forward to continuing to earn their confidence,” said Charlie Boscarino, senior vice president of leasing and asset operations for RMC.
RMC ROSS REALTY ASSOCIATES HONORED AS TOP PRODUCERS AT THE 2013 PINNACLE AWARDS
Tampa, Fla. (March 25, 2014) - RMC Real Estate Services (RMC) is pleased to announce that three of its top associates within the RMC Ross Realty division were recently honored as top producers at the prestigious Pinnacle Awards celebration, presented by the Florida Gulfcoast Commercial Association of REALTORS (FGCAR).
Elliott M. Ross, CCIM and managing director of RMC Ross Realty, was awarded the top retail producer within FGCAR’s regional division for 2013. A past president of FGCAR, Mr. Ross has previously been named a top producer for investment, industrial and retail properties, and has also previously been honored with the organization’s prestigious Henry Blanton Lifetime Achievement Award. Mr. Ross specializes in commercial investment sales, the marketing of office and industrial parks, asset and portfolio management, and lender REO representation and receivership.
John F. Stoner, CCIM, a senior retail and investment specialist with RMC Ross Realty, was awarded as a top producer within the retail category for 2013. Mr. Stoner has also been previously honored by FGCAR, having been named as a top producer four times between 2008 and 2012. His primary area of focus is the sale and lease of retail properties and tenant representation.
Jason Aprile, CCIM, a senior associate within RMC Ross Realty’s office and industrial group, was recognized as a top producer within the office category for 2013. Mr. Aprile is also a multiple-year award winner, having been presented the top award for number of transactions and the Regional Rookie of the Year in 2008, and having been named a top producer in the general brokerage category every year from 2008 to 2013. His primary area of focus is the leasing of office and industrial properties and providing investment property services.
RMC PROPERTY GROUP EXPANDS ITS FLORIDA RETAIL PORTFOLIO WITH TWO NEW EXCLUSIVE LISTINGS TOTALING 275,834 SQ. FT.
Tampa, Fla. (March 11, 2014) - RMC Property Group (RMC) is pleased to announce it has been awarded the exclusive leasing assignments for two prominent retail properties totaling 275,834 sq. ft. within Florida’s West Coast.
Fountain Court is an 180,420-sq. ft. community shopping center situated within a dense, infill location in the heart of Bradenton’s Highway 64 retail corridor proximate to the beaches and Anna Maria Island. Anchor tenants include Bealls Department Store and Planet Fitness. Kerri Atkins, leasing executive with RMC Property Group, is handling the leasing of the center.
Page Plaza is a 95,414-sq. ft. community shopping center located in the busy Highway 41 corridor of Fort Myers across from Page Field. Anchor tenants include HH Gregg, Dollar Tree and Advance Auto Parts, and the property is directly adjacent to Sam’s Club. Luli Cannon, leasing executive with RMC Property Group, is handling the leasing of the center.
Both properties are owned and managed by Sitt Asset Management, a New York-based, family-owned real estate investment firm with a large portfolio of office buildings, shopping centers, strip malls and residential developments.
“We are very pleased to have the opportunity to elevate the market’s awareness of these fine assets and to immediately engage our leasing and marketing teams in filling the anchor opportunities available at both Fountain Court and Page Plaza,” stated stated Charlie Boscarino, senior vice president of leasing and asset operations.
RMC PROPERTY GROUP ANNOUNCES THE ACQUISITION OF A 60,000 SQ. FT. SHOPPING CENTER IN PALM HARBOR
Tampa, Fla. (March 5, 2014) - RMC Property Group (RMC) is pleased to announce that it has acquired a 60,000 sf shopping center located at the intersection of US Highway 19 and Nebraska Avenue in Palm Harbor, Fla. The 60,000-sq. ft. center, which is anchored by Office Depot, was purchased for $6.75 million, or $112 per square foot. The center was built in 1997, is situated on 7.39 acres, and is 100% leased to Office Depot.
“The acquisition presented an opportunity to acquire the center at an attractive basis. We are excited by the long term potential of the center given its location and US Highway 19 exposure,” said Bobby Eggleston, chief real estate officer and chief financial officer for RMC.
RMC PROPERTY GROUP ANNOUNCES THE $4.4 MM SALE OF WILLIAMS PLACE SHOPPING CENTER IN ESTERO
Tampa, Fla. (March 4, 2014) - RMC Property Group (RMC) is pleased to announce that it has closed on the sale of Williams Place Shopping Center, located at 22088 US Highway 41 in Estero, Fla. RMC represented the seller in this complicated tri-party transaction. The 66,000-sq. ft. shopping center, which had previously been ground leased by Albertson’s, sold for $4.4 million, or $67 per square foot.
The sale of Williams Place involved the simultaneous termination of the existing Albertson’s ground lease and the purchase of the property by Living Waters Church. Bobby Eggleston of RMC Property Group represented the seller, Dan O’Berski and Matt Fredrickson of Trinity Commercial Group represented the buyer, and Josh Dorminy of CAMM Management represented Albertson’s.
RMC REAL ESTATE SERVICES CLOSES 2013 WITH OVER 2.1 MM SQ. FT. IN NEWLY AWARDED LISTINGS AND TRANSACTION VOLUME TOTALING NEARLY $80 MM
Tampa, Fla. (February 4, 2014) - RMC Real Estate Services (RMC) is pleased to announce that during 2013, the company recorded total transaction volume of $79.5 million encompassing 1.4 million square feet within its RMC Property Group and RMC Ross Realty divisions. Leasing activity was strong with 279 lease transactions encompassing 905,000 and total transaction volume of $49.1 million. Investment sales activity was solid with 20 closed deals encompassing 532,000 sq. ft. and total transaction volume of $30.4 million. The investment sales activity was highlighted by the $13.9 million sale of Summerfield Crossing in Riverview and the $3.5 million sale of the Travelodge Maingate Hotel in Kissimmee.
RMC, which is comprised of RMC Property Group and RMC Ross Realty, is headquartered in Tampa. RMC Property Group focuses primarily on retail leasing, management, acquisitions, and development/redevelopment, while RMC Ross Realty has a focus on leasing and investment sales of office, retail, industrial and land brokerage. Collectively, RMC was awarded 53 new exclusive listings totaling approximately 2.1 million sq. ft. and 11 new land listings totaling over 45 acres. Detailed information on key investment sale transactions, major leases, and notable new listing assignments is attached.
“During the year we witnessed a steady improvement in Florida ’s real estate market, however competition remains fierce for best in class tenants and properties. Our team is finding creative solutions to meet the needs and demands of our clients, which is evident in the strong results posted by our team in 2013, ” said Bobby Eggleston, chief real estate officer and chief financial officer for RMC. “We look forward to 2014 as we continue to grow our platform and exceed the expectations of our trusted clients. ”
RMC PROPERTY GROUP RE-DEVELOPING PUBLIX-ANCHORED INDIAN ROCKS SHOPPING CENTER
Tampa, Fla. (January 7, 2014) - RMC Property Group (RMC) is pleased to announce the upcoming re-development of Indian Rocks Shopping Center, a Publix-anchored shopping center located at the intersection of Indian Rocks Road and Walsingham Road in Largo, Fla. Bealls Outlet and Dollar Tree co-anchor the center, which includes approximately 10,000 square feet of local retail space. Publix recently signed a new lease at the center with plans to completely re-develop a 45,600-square foot store. The existing Publix store closed in December 2013 and is scheduled to re-open in the fall of 2014. Construction on the center has been planned in phases so that all businesses in the center will remain open during the construction process.
The re-development of Indian Rocks Shopping Center will result in a completely new façade, parking field enhancements, prominent new monument signage, and an additional 3,000 square feet of leasable inline space. The center is currently fully leased and the 3,000 square feet of new retail space will create the first new direct leasing opportunity in several years.
Campo Engineering and Fisher & Associates are handling the engineering and architectural work for the project.
“We are excited to commence the redevelopment of Indian Rocks Shopping Center. It has taken several years of planning and we are thankful for the cooperation of the shopping center’s tenants, our development professionals, and the governmental agencies involved in this process, ” said Bobby Eggleston, chief real estate officer and chief financial officer of RMC. “We look forward to providing an enhanced shopping experience for the patrons of Indian Rocks Shopping Center once the redevelopment is complete.”