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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
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 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Ffe309fcc-d2bc-4272-96a1-f8791b6c7692%2Fab781332-af7e-46fe-add9-2f14ac502bb1" onerror="this.style.display='none'" alt="Top-Performing Hobby Lobby and Books-A-Million Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 Top-Performing Hobby Lobby and Books-A-Million
 
 Pensacola, FL 
 By Cushman &amp; Wakefield

 <a href="/user/bf16b705-a9dc-426b-93c0-cafb108fbc8d" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Christopher Smith</a>
 
 Captial Markets
 
 
 <a href="tel:(321) 331-1935" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(321) 331-1935</a>
 

 <a href="https://platform.reverecre.com/project/fe309fcc-d2bc-4272-96a1-f8791b6c7692" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
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Cushman & Wakefield plc (together with its subsidiaries, “Cushman & Wakefield,” “the Company,” “we,” “ours” and “us”) is a leading global commercial real estate services firm with an iconic brand and approximately 50,000 employees led by an experienced executive team. We operate from over 400 offices in 60 countries, managing over 4.1 billion square feet of commercial real estate space on behalf of institutional, corporate and private clients. We serve the world’s real estate owners and occupiers, delivering a broad suite of services through our integrated and scalable platform. Our business is focused on meeting the increasing demands of our clients through a comprehensive offering of services including Property, facilities and project management, Leasing, Capital markets, Valuation and other services. In 2020, 2019 and 2018, we generated revenues of $7.8 billion, $8.8 billion and $8.2 billion, respectively, and service line fee revenue of $5.5 billion, $6.4 billion and $6.0 billion, respectively.

Managing Director

Director

The property's tenancy mix includes national retail stores Books-A-Million and Hobby Lobby. Both tenants have extended leases until 2025 and 2029, respectively. Books-A-Million ranks #9 out of 106 locations while Hobby Lobby is ranked #44 out of 952 locations nationwide. 

The property is located on a main retail corridor on N. Davis Highway off of Interstate I-10 and I-110. Surrounding shopping centers offer strong retail mix including Petsmart, Party City, Planet Fitness, Big Lots, Bealls Outlet, TJ Maxx, Homegoods and more. 

Sales Team

Sean Glickman, CCIM, and Managing Director at Cushman and Wakefield and Chris Smith, Director of Capital Markets are proud to offer for sale a 103,485 SF, two-tenant national retail center featuring Books-A-Million and Hobby Lobby. This offering has good value-add potential and is located with great visibility along a well-traveled roadway in Pensacola, FL. It is in a high retail area and surrounded by national retailers such as PetSmart, Bealls, Party City, American Freight and more, which bring plenty of foot traffic to the property.

Chris is responsible for capital market multi-tenant and single-tenant retail investment sales transactions throughout the southeast and nationwide working primarily with private capital and family offices. Chris has over 10 years of commercial real estate experience and has been involved in the sale of more than 60 shopping centers and single-tenant investments having sold and excess of over $500 million.

Prior to joining Cushman and Wakefield in 2023, Chris was with the retail capital markets team at Colliers International for over 8 years. Starting his commercial real estate career with Coldwell Banker Commercial back in 2012.

Captial Markets

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