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
A freestanding, 9,200-square-foot property housing AT&T and Denny’s in metro Charlotte sold for $5.6 million.
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TAMPA, FL—Redevelopments are taking over the Tampa Bay area, with several shopping centers either beginning or wrapping up projects this year. From strip centers to malls, all kinds of retail properties are being redeveloped, but the lion’s share of activity is focused on non-performing assets located in key corridors. So says Brian Bern, a senior director at Franklin Street.
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CHARLOTTE—Demonstrating a continued hunger for triple net leased building transactions, a freestanding Denny’s and AT&T has traded hands. The 9,200-square-foot building sold for $5.6 million, or $603 per square foot.
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The housing growth in St. Johns County has led a national retail developer to resurrect a development put on hold by the recession.
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South Florida Business Journal
Deme Makras, Regional managing partner, Franklin Street
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