Franklin Street Brokers Sale of Boynton Beach Med Office
Deal reflects recent interest in redevelopment of the Boynton Beach commercial corridor PLANTATION, Fla., December 20, 2024 – Franklin Street, serving greater South Florida, announces
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Deal reflects recent interest in redevelopment of the Boynton Beach commercial corridor PLANTATION, Fla., December 20, 2024 – Franklin Street, serving greater South Florida, announces
October 27, 2015
Franklin Street, along with Neal Realty & Investments, Inc., sells two open-air shopping centers in Palm Beach County to a Northeast U.S. investor for $9.1 million.
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Lisa Jesmer will be responsible for securing new management contracts, and developing client relationships throughout Florida and nationwide.
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The buyer was represented by Greg Matus, regional managing partner-South Florida, retail investment associate Peter Crane, bot of Franklin Street Real Estate Services, and Tim Neal of Neal Realty & Investments.
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Greg Matus and Peter Crane of Franklin Street and Tim Neal of Neal Realty represented the buyer, Perkins Realty Management LLC, in both transactions.
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Unlike traditional multifamily buyers interested in buildings that already generate rent, these investors and operators of residential drug and alcohol rehabilitation centers, prefer properties with month-to-month tenants or none at all.
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