CBRE AWARDED RETAIL PROPERTY MANAGEMENT IN THE FLORIDA PANHANDLE

Fort Walton Beach & Destin, FL – August 9, 2013 – Fort Walton Beach & Destin, FL – August 9, 2013 – CBRE’s Asset Services team has been awarded a 384,806-square-foot retail property management assignment by Slate Properties. The assignment involves property management services for 98 Palms and Uptown Station, two Class A grocery-anchored retail centers located in the Florida Panhandle. This latest assignment adds to CBRE’s existing management contract involving 3.2 million square feet of Slate Properties’ commercial assets in three Florida cities.

“We are delighted that Slate Properties continues to recognize CBRE's capabilities in the delivery of property management services,” said Julie Palmer-Nicholson, Director, Asset Services. “We feel that we are uniquely suited to serve the needs of our client and their properties. Our specific experience managing similar properties and the size of our portfolio is a natural fit for a seamless transition.”

98 Palms is an 84,682-square-foot Winn Dixie-anchored center situated in Destin along US Hwy 98. In close proximity to the beach, 98 Palms attracts tourists and local residents. 

Uptown Station is a 300,124–square-foot retail center situated in the heart of Fort Walton Beach, and is the area’s premier shopping center with over 60 stores and restaurants. The outdoor shopping center also hosts regular community events and is an Emerald Coast tourist attraction.

The CBRE Asset Services team will be led by Tampa Director Julie Palmer-Nicholson. Dina Bevis, Real Estate Manager, will be positioned on-site at Uptown Station and will maintain day-to-day operations, tenant, client and vendor relations, and financial management of both properties.

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