Connect Media: Franklin Street Arranges $19M Sale of South Florida MF Community in O-Zone

January 18, 2021

Franklin Street has arranged the $18.8 million sale of a 180-unit value-add apartment community in South Florida. The community is located in a federally identified Opportunity Zone in Lauderhill, just outside Fort Lauderdale. The apartment community is located at 5411 NW 27th St., just west of Florida’s Turnpike. The property sits on more than seven…

Franklin Street Brings Durbin Retail Plaza in Jacksonville to 100% Occupancy

Tenants at Parkway Place at Durbin include an optical store, eyebrow salon, nail spa and an ice cream shop JACKSONVILLE, FL (January 18, 2021) – Franklin Street, a full-service commercial real estate firm, has arranged four leases at a speculative retail property in Jacksonville, bringing the Class A suburban strip center to 100% occupancy. The…

Yield Pro: Franklin Street brokers $18.8 million multifamily sale in South Florida opportunity zone

January 12, 2021

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, Michael Dolgos and Travis Jones brokered the transaction on behalf of…

Business Observer: Pent-Up Optimism

January 8, 2021

This article from Business Observer offers insight from commercial real estate leaders on how the market is expected to perform in 2021. See below for a sample of quotes from Franklin Street’s experts. On Industrial: “Industrial properties have outperformed every asset class save for residential in the greater Tampa Bay area, because of the rise…

Chattanooga Times Free Press: Hixson shopping center sells for $14 million

January 6, 2021

A South Florida company that likes Chattanooga’s economy has bought a high-profile shopping center in Hixson that holds such tenants as Hobby Lobby and Ashley HomeStore Outlet. Northtowne Centre, a 257,744-square-foot retail center on Highway 153, was purchased for $14 million by Coastal Equities of Weston, Florida, according to a commercial real estate firm that…