MIAMI (February 12, 2020) – As Director of Retail Leasing Services in Franklin Street’s Miami office, Caroline Cheng will focus on property and location analysis, marketing and leasing strategy, and negotiation services for retail asset owners and occupiers throughout the Greater Miami Area.
“Franklin Street has championed efforts to recruit more women brokers, not only within our firm but across the industry,” said Monetha Cobb, senior vice president of Franklin Street’s Retail Tenant Services division and former president for Commercial Real Estate Women (CREW) Atlanta. “We are proud to have highly talented females such as Caroline in senior level positions across each of our offices. Her in-depth understanding of the changing national retail landscape will help us better serve our clients in South Florida.”
Caroline rejoins Franklin Street after serving as a corporate real estate manager for Checker’s and Rally’s Drive-In Restaurants, where she managed the leasing, purchasing, renewal and expansion activity for the company’s portfolio of existing properties. Previously, Caroline held management positions with Brookfield Properties (formerly General Growth Properties), one of the largest shopping mall operators in the U.S., and Global Franchise Group, a brand acquisition and management firm specializing in quick service restaurant franchising.
With over a decade of experience in professional leasing and sales across the Southeast, Caroline will work alongside Justin Berryman, director of Retail Leasing Services, to help expand Franklin Street’s landlord and tenant representation platforms which brokered over $171 million in retail leasing transactions nationwide in 2019.
“Caroline is a seasoned industry expert who will offer world-class service to our retail investor and occupier clients in South Florida,” said Cary Beale, senior vice president of Franklin Street’s Retail Landlord Services division. “She is exactly the type of high-performing producer that we are looking to hire as Franklin Street continues its strategic nationwide expansion.”
Caroline earned her bachelor’s degree in Marketing and Management from the University of South Carolina. Earlier in her career, Caroline spent two years as a director of retail services for Franklin Street and represented a variety of national and regional clients including Little Caesars and Great Clips. She an active member of the International Council of Shopping Centers.