Franklin Street secures buyer for self-storage development site in Jacksonville
JACKSONVILLE, Florida — Today, Franklin Street announced that its Self-Storage team has secured a buyer for a 3.79-acre storage development site located at 13435 North
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JACKSONVILLE, Florida — Today, Franklin Street announced that its Self-Storage team has secured a buyer for a 3.79-acre storage development site located at 13435 North
May 13, 2016
“All that demand and such a limited supply of buildable acreage to develop is why we’re bullish on downtown St. Pete,” said Kevin Kelleher, senior director at the Tampa brokerage Franklin Street. “Downtown St. Pete is extremely robust, and we’re seeing good gains year over year in rents. I would expect to see people achieve 10-plus-percent gains.”
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Tampa-based Franklin Street has opened an office at 390 N. Orange Ave., Suite 2300 in downtown Orlando.
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Lisa Ferrazza, a veteran commercial real estate pro, just joined Franklin Street’s South Florida office.
Learn MoreMay 9, 2016
Hobby Lobby is driving the majority of secondary-market power center development in the Southeast, according to investment advisory firm, Franklin Street.
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“We are currently in a seller’s market,” Abolafia tells GlobeSt.com, noting she accepted the position at Franklin Street because she likes its aggressive growth and collaborative culture. “Inventory is low and investors are seeking opportunities to capitalize on the favorable financing available.”
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