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
The slow recovery of Florida’s economy is giving a modest boost to the commercial real estate market, but we have a long way to go before landlords of office and industrial space hold the upper hand in lease negotiations.
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At first glance, the lineup of new retailers in the Sundial is a peculiar mix: Boutiques that sell home goods and European luxury apparel for children interspersed between run-of-the-mill national names like White House Black Market and Chico’s.
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The soon-to-open Sundial in downtown St. Petersburg has an interesting mix of tenants. Others leave you wondering, “Is this the best they could come up with?”
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The retail market in South Florida is starting to sizzle once again. Consumer confidence is back up and people are spending money shopping and eating out. Right now, the fast-casual food business is on fire and it’s driving much of the growth in commercial real estate.
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Franklin Street hires Senior Director in the Jacksonville office specializing in multifamily investment sales.
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Connie Selcis
Director of Marketing
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