Crossman & Co. president John Crossman tells GlobeSt.comtells GlobeSt.com that Equity One sold the retail center as part ofa plan to shed non-core assets. Carter-Crossman acquired the assetas a value-added opportunity. "Over time, Carter-Crossman plans tomake capital improvements to add value to the center," Crossmansays.

The retail center was originally divided into two phases andunder separate ownership. The acquisition unites the retail center,which is anchored by Tractor Supply and Save-A-Lot. Other tenantsinclude Bealls, Family Dollar, Goodwill and Accent Marketing.

"We've seen Eustis and other surrounding areas absorb thetremendous growth of the Villages, the largest residentialcommunity in the US," Crossman says. "The surrounding CentralFlorida area has been positively impacted by this development andwill continue to drive economic expansion."