Connect Media: Franklin Street Brokers $14M Sale of Chattanooga Shopping Center

January 22, 2021

Franklin Street has arranged the $14 million sale of Northtowne Centre, a 257,744-square-foot regional shopping center in Chattanooga. At the time of sale, the property was 96% occupied by a tenant roster that includes Hobby Lobby, Ashley HomeStore Outlet, American Freight & Mattress, Staples, Dollar Tree, Stockdale’s and Great Clips. The property also features outparcels…

TBBJ: 2021 Economic Outlook: Presentation from Andrew Wright, Franklin Street

For the third consecutive year, Franklin Street CEO Andrew Wright delivered an insightful presentation on what’s in store for the year ahead at Tampa Bay Business Journals’ Economic Outlook Event. Below is an excerpt from Andrew’s virtual presentation: I talked a lot last year about a secular bull market. Over a 20- or 30-year time frame,…

Franklin Street Arranges Financing for 270-Unit Multifamily Development in Jacksonville, FL

January 21, 2021

Corner Lot Living is developing the Class A, garden-style community JACKSONVILLE, FL (January 21, 2021) – Franklin Street has arranged the construction financing and equity placement for Duval Crossing, a 270-unit, Class A, garden-style apartment community in Jacksonville. Franklin Street’s Laura Gonzales, Director of Capital Markets, Debt and Equity Origination, secured the financing and equity…

MultifamilyBiz: Franklin Street Brokers $18.8 Million Sale of 180-Unit Value Add Apartment Community in South Florida Opportunity Zone

January 19, 2021

BROWARD COUNTY, FL – Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community is located in a federally identified Opportunity Zone in Lauderhill, just outside Fort Lauderdale. Franklin Street’s South Florida Multifamily Investment Sales Team of Dan Dratch, Greg Matus,…

Jax Daily Record: Parkway Place at Durbin shopping center lands four tenants, is fully leased

The Franklin Street commercial real estate firm announced Jan. 18 it has arranged four leases to fill up the Parkway Place at Durbin speculative retail property before it opens in northern St. Johns County. Franklin Street said the Class A suburban strip center, owned and developed by Jacksonville-based  Corner Lot Development Group, is scheduled for…