Shopping Center Business: Continental Realty Corp. Acquires LA Fitness-Anchored Center in Metro Atlanta for $11.6 Million

June 10, 2021

Woodstock, Ga. — Continental Realty Corp. has acquired The Summit at Towne Lake, a 59,772-square-foot shopping center anchored by LA Fitness in the Atlanta suburb of Woodstock, for $11.6 million. Bryan Belk of Franklin Street represented both the buyer and the seller, a joint venture between RCG Ventures and DRA Advisors, in the transaction. Constructed in…

Insurance Business America Recognizes Franklin Street’s Matt Harrell as a 2021 ‘Platinum Top Producer’

June 9, 2021

Franklin Street is pleased to Congratulate Managing Director Matt Harrell on being recognized as a 2021 Platinum Top Producer for Insurance Business America! The prestigious award honors “standout producers who rose above the challenges of 2020 to ascend to the top tier of the US Insurance Industry.” As the director of Franklin Street’s Insurance Team,…

ZMR Capital Selects Franklin Street to Manage 338-Unit Multifamily Community in Fort Myers

FORT MYERS, FL (June 9, 2021) — Franklin Street is pleased to welcome Thee Boardwalk, a 338-unit, garden-style apartment community in Fort Myers, Florida, to its portfolio of managed multifamily properties. ZMR Capital awarded the property management assignment to Franklin Street upon acquiring the asset in June 2021. The Orlando-based owner is a real estate…

Southeast Real Estate Business: Continental Realty Corp. Acquires LA Fitness-Anchored Center in Woodstock, Georgia

June 7, 2021

Continental Realty Corp., a Baltimore-based real estate investment and management company, has acquired The Summit at Towne Lake, a 59,772-square-foot, 98 percent occupied neighborhood shopping center in Woodstock, anchored by LA Fitness. Located in a suburb approximately 30 miles north of downtown Atlanta, the shopping center was purchased for $11.6 million. Formerly owned by a…

Franklin Street Arranges Sale of LA Fitness-Anchored Shopping Center in Atlanta

June 2, 2021

Continental Realty Corporation acquired the 60,000sf suburban retail property from RCG Ventures ATLANTA (June 2, 2021) — Franklin Street has arranged the sale of Summit at Towne Lake, a 59,722-square-foot shopping center in the affluent Atlanta suburb of Woodstock, Georgia. The LA Fitness-anchored property is one of the first gym-anchored retail assets to trade in…