Colonial Ridge Sells for $14.2M

March 27, 2015

Franklin Street announces the sale of 194-unit Colonial Ridge Apartments for $14,200,000.

Sales: Colonial Ridge

Franklin Street represented the buyer of the sale of Colonial Ridge Apartments in Orlando, FL.

Colonial Ridge Apts Sold for $14.2M

Blue Rock Partners LLC purchased the 194-unit Colonial Ridge Apartments at 649 W. Cannon Ridge Dr. in Orlando, FL from Frogg Florida LLC for $14.2 million, or about $73,000 per unit. Franklin Street Represented the buyer.

CoStar’s People of Note: Michaelann Murphy

Franklin Street Real Estate Services has expanded its landlord leasing team with the addition of Michaelann Murphy.

Saykaly Joins Franklin Street as Senior Director

ATLANTA—Former Cushman & Wakefield retail investment sales executive Gary Saykaly has joined real estate services firm Franklin Street’s office here as a senior director.