Medical Park Station Sold for $11 Million Amid Rising Demand for Convenience Retail
Madison, AL – Franklin Street is pleased to announce the successful sale of Medical Park Station for $11 million, representing a significant milestone in the
The latest insights from franklin street experts
Madison, AL – Franklin Street is pleased to announce the successful sale of Medical Park Station for $11 million, representing a significant milestone in the
March 27, 2015
Tampa Downtown Partnership’s Debrief Series: Urban Retail with WS Development, BoConcept, and Franklin Street.
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Signalling it intends to become a bigger player in the office and industrial sector, Tampa-based Franklin Street has recruited two brokers who formerly headed JLL’s Central Florida regional office.
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Brian Bern, a senior director with Franklin Street, said the mall’s location makes it a viable redevelopment play. He said he could see a mix of service retail and restaurants and possibly a hotel on the site.
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Franklin Street is serious about growing its office and industrial services division—and they are making key hires to prove it. Chris Butler and Chad Rupp, two commercial real estate veterans, have left JLL to join the firm as managing directors.
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The product’s growing popularity may press buyers to seek yield in riskier markets and assets.
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