The latest insights from franklin street experts
Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress
September 28, 2021
With rising construction costs and delayed development timeframes, existing multifamily communities have been propelled to higher rent levels and therefore higher sale values. High-growth markets, such as Florida and really the entire Southeast, have been acutely affected due to a surge in population growth and absorption of new housing significantly outpacing new deliveries. Contracting markets…
Learn MoreSeptember 27, 2021
KEI Properties scooped up the Hialeah Medical Plaza for $7.7 million. The North Miami-based real estate investor and manager bought the office and retail property at 3750 West 16th Avenue from RG Property Group, according to a news release from the buyer’s broker. Adam Tiktin and Greg Matus of Franklin Street represented the KEI Properties…
Learn MoreSeptember 24, 2021
A proposed luxury Lake County shopping center along State Road 50 that failed to get developed during the Recession now is bouncing back due to an influx of new residents as Central Florida’s population booms. A pair of major national retailers — Seattle-based Costco Wholesale Corp. (Nasdaq: COST) and Atlanta-based Floor & Decor Holdings Inc. (NYSE: FND)…
Learn MoreSeptember 23, 2021
Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called Newcastle Apartments, was 100 percent occupied at time of sale and offers immediate upside through rent growth. Franklin Street’s Dan Dratch, Greg Matus, Travis Jones,…
Learn MoreSeptember 21, 2021
In an interview with Invest, Laura Gonzales, regional managing director of full-service commercial real estate firm Franklin Street in Jacksonville, talked about the rapid growth visible throughout the state and the opportunities arising in response to new residents and businesses coming to the area. She also discussed her outlook for her industry in a post-pandemic economy. How…
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