Business Observer: Prominent shopping center listed for $45.8 million

December 7, 2021

Tampa’s The Corner at Westshore, home of The Container Store, LongHorn Steakhouse, for sale One of Tampa’s most well-known retail properties is on the market. The real estate brokerage Franklin Street has listed the 67,019-square-foot shopping center The Corner at Westshore 1 and 2 for $45.8 million. The property is in the Westshore District, across…

Connect CRE: Franklin Street Completes $20M Sale of Affordable Community in Melbourne

December 6, 2021

Franklin Street has arranged the $19.6-million sale of The Pines at Palm Bay, a 41-building, 216-unit, value-add multifamily in Palm Bay, FL. The community was 99.5% occupied. Franklin Street’s Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the transaction between seller Wells Boys & Girls Property Management and buyer SJA Partners. “We are predicting Florida’s Space Coast, and the Melbourne…

Franklin Street Arranges Sale of 229-Unit Multifamily Portfolio in Melbourne, FL for $30.6M

NY-based Topaz Capital Group acquired the value-add property in one of the Southeast’s most up and coming multifamily investment markets MELBOURNE, FL (December 6, 2021) – Franklin Street has arranged the $30.6 million sale of a 229-unit multifamily portfolio in Melbourne, Florida, a city on the state’s East Coast that has been increasingly attracting the attention of multifamily investors. The…

Tampa Bay Business Journal: Best Real Estate Deals- Westshore City Center

December 3, 2021

Westshore City Center is a 300,000-square-foot property currently undergoing a $20 million renovation and a top reuse/rehab project for the 2021 Best Real Estate Deals. Top Reuse/Rehab Project: Westshore City Center Leasing agent: Franklin Street, Matt Alexander, Chad Rupp, Alex Wright Architect: Behar Peteranecz General contractor: VCC Landlord/developer: Ally Capital Group Project manager: Franklin Street Financier: Valley National Bank Tenants: First Watch, Heritage Insurance, Beach…

South Florida Business Journal: Property under contract to be sold in area that will ‘look very different three years from now,’ broker says

A 49-year-old office building in North Miami Beach is under contract to be sold for just under its listing price of $10 million, a broker involved in the pending deal told the South Florida Business Journal. Adam Tiktin, a managing director of mixed-use office and retail for the Tampa-headquartered commercial brokerage Franklin Street, said he brokered…