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EG 3 Development
  • Home
  • Our Company
  • Acquisition Criteria
  • Projects
    • Current Projects
    • Past Projects
  • Submit a Site
  • Contact Us

Panama City Crossings

Purchased 2020

845 E 23rd Street, Panama City, FL

Project Details

Panama City Crossings is 29,550 SF shopping center anchored by PetSmart. During due diligence and within the first year EG 3 accomplished: 

- 11 year Lease Extension with Chili's

- 11 year Lease Extension with PetSmart

- 5 year Lease with Navy Federal

- 5 year Lease with US Armed Forces


Taking the center to 100% occupancy with fresh long-term Lease, EG 3 was able refinance out 60% of its original investment in the first year. 


Photo Gallery

Property Details

@Oviedo_Kiddie_OM_Final (pdf)Download

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