ATLANTA—Dave Curry has joined Franklin Street as senior regional manager of retail in the firm’s Atlanta office. Curry will oversee the company’s more than 1 million-square-foot retail portfolio, as well as seek growth opportunities in the office and industrial sectors alongside regional managing partner John Leonard.
“Atlanta remains on the radar screen for institutional buyers of retail properties, particularly with Atlanta’s continued strong market fundamentals including population and wage growth,” Curry tells GlobeSt.com. “Accordingly, we are seeing continued asset sale velocity as some owners determine their properties have reached an appropriate sale value, while plenty of other institutional owners have ample capital available to participate in Atlanta’s vibrant commercial real estate market. In terms of the real estate cycle itself, I think we’re in the seventh inning of a baseball game, a game which may go into extra innings.”
Curry comes to Franklin Street with more than 25 years in commercial real estate leasing, marketing and property management. He has worked with several institutional clients including the New York State Teachers’ Retirement System (NYSTRS), Abu Dhabi Investment Authority (ADIA), California Public Retirement System (CALPERS), Lend Lease Corporation and Morgan Stanley Real Estate.
“The timing couldn’t have been better as there is tremendous amount of capital looking for acquisitions like institutional and foreign investors, and Atlanta is an enormous commercial real estate hub,” Leonard says. “We believe Dave will be able to expand our business throughout all of the primary sectors.”
Prior to joining Franklin Street, Curry was a managing director at Newmark Grubb Knight Frank. He was a top 10 producer for several years. At the company, he marketed and leased Monarch Centre, Atlanta’s premier 1 million-square-foot, class A office complex for nearly 15 years. Curry completed the assignment in 2015 and concluded with a 93,000-square-foot lease with JP Morgan, whose name is prominently displayed atop Monarch Centre and is seen today throughout much of Buckhead. Most recently, he was a managing director at Beck Partners in Tallahassee, FL.
View the original story here: https://www.globest.com/sites/jenniferleclaire/2016/10/19/dave-curry-were-in-the-seventh-inning/?slreturn=20160919092601
