St. Pete Catalyst: Central Plaza sells for $5.1M in St. Pete’s opportunity zone

June 16, 2021

The Central Plaza Shopping Center along Central Avenue has a new owner. The 19,016-square-foot plaza, at 3270 Central Ave., sold in a roughly $5.1 million deal between the seller California-based Brbrshy Investments and the buyer Charles Githler, who is the President and CEO of Sarasota-based Githler Development Inc. Franklin Street arranged the sale of the…

CoStar News: ‘Did You Hear?’ Franklin Street Selects Segrest To Lead Atlanta Industrial Division

June 15, 2021

Franklin Street, which has developed a reputation for executing retail and multifamily deals in Atlanta, has hired an industrial real estate veteran to grow the firm’s business across the Southeast. Tampa, Florida-based Franklin Street has appointed Victor Segrest as senior director in its industrial division. Segrest, who has executed leasing and sales assignments involving 22 million square feet…

Ask the Expert: How Will Florida’s Secondary Markets Continue to Outperform Traditional Expectations and Metrics Moving Forward?

Florida’s population has been growing for years now and COVID-19 has only heightened our population growth. Not everyone who moves to Florida wants to relocate to one of our larger cities, which is a positive for all of the second- and third-tier markets around the state. We are seeing some secondary markets getting more and…

Franklin Street Arranges $5.1M Shopping Center Sale in St. Petersburg Opportunity Zone

June 14, 2021

The 19,016sf retail plaza is prominently situated along one of St. Pete’s primary thoroughfares ST. PETERSBURG, FL (June 14, 2021) – Franklin Street has arranged the sale of Central Plaza, a  19,016-square-foot, fully occupied shopping center in St. Petersburg for $5.1 million. The property is located along Central Avenue – one of the city’s primary…

Shopping Center Business: Continental Realty Corp. Acquires LA Fitness-Anchored Center in Metro Atlanta for $11.6 Million

June 10, 2021

Woodstock, Ga. — Continental Realty Corp. has acquired The Summit at Towne Lake, a 59,772-square-foot shopping center anchored by LA Fitness in the Atlanta suburb of Woodstock, for $11.6 million. Bryan Belk of Franklin Street represented both the buyer and the seller, a joint venture between RCG Ventures and DRA Advisors, in the transaction. Constructed in…