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
June 28, 2021
Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the off-market transaction between the seller, Des Moines, Iowa-based BH Equities, and the buyer, New York-based Axonic Properties, LLC. Axonic…
Learn More
ST. PETERSBURG, FL – BH Equities has sold a 517-unit multifamily property in St. Petersburg, FL to New York-based, Axonic Properties LLC for $56 million. The purchase price of the off-market transaction equates to $108,317 per unit. The garden-style apartment community, Osprey Pointe Apartments, offers one-bedroom and two-bedroom floorplans, which range from 625 square feet…
Learn More
Axonic Properties acquired the property from BH Equities ST. PETERSBURG, FL (June 28, 2021) – Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the…
Learn MoreJune 24, 2021
By Alex Wright, Senior Director, and Jonathan Holubik, Senior Associate Evaluating retail market trends is critical to forecasting economic growth and areas of opportunity in commercial real estate — especially after a tumultuous 2020. With increased net migration and a strong reliance on essential businesses, in addition to pent-up demand from pandemic restrictions, the retail…
Learn MoreJune 22, 2021
Franklin Street has arranged the $5.1 million sale of Central Plaza, a 19,016-square-foot shopping center in St. Petersburg. Located at 3270 Central Ave., the center is currently fully occupied by a tenant roster featuring an average tenure of 22 years… Franklin Street’s Retail Investment Sales Team of Anthony Suarez and Ryan Derriman represented the seller,…
Learn More
MEDIA CONTACT
Connie Selcis
Director of Marketing
[email protected]
drop us a line
