Franklin Street Completes Off-Market Sale of Fortress Storage
Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress
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Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress
June 23, 2016
Franklin Street Capital Advisors has closed a $1.5 million refinance loan for Cushing Plaza, a 66,454-square-foot shopping center located in Cushing, Oklahoma.
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“We were able to overcome significant challenges to secure this loan, including an out-of-market sponsor and significant lease roll over during the next two years,” said Ben Miller of Franklin Street.
Learn MoreJune 21, 2016
“We are seeing significant interest from local and regional banks to lend on high-quality, well-positioned retail assets in good locations,” Siggins said. “It appears as though lenders see more upside in certain retail properties versus multifamily, which has seen such a strong run-up during this cycle.”
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Franklin Street has closed a $2.5 million refinance loan for Chickasaw Trail located in Orlando, Florida. Ben Miller and Casey Siggins of Franklin Street’s Capital Advisors division secured the loan on behalf of the owner, a Florida-based private investor. The seven-year loan has a fixed rate of 3.96% and will amortize over 30 years.
Learn MoreJune 20, 2016
Tampa Bay Workforce Alliance LLC leased 10,000 square feet of space at 4902 Eisenhower Blvd., Suite 250, Tampa from Research Management Corp.
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Connie Selcis
Director of Marketing
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