The latest insights from franklin street experts
New Ownership Promises Exciting Opportunities for Development and Community Growth Franklin Street is excited to announce a major achievement in the multifamily real estate sector
April 29, 2022
The Midwest-based Scooter’s Coffee chain announced April 21 it is entering the Jacksonville market. Headquartered in Omaha, Nebraska, Scooter’s sells its beverages from drive-thru kiosks of about 650 square feet. Scooter’s says it signed a single-unit franchise agreement with Jennifer Redcloud and Dorie Robinson, friends of more than 20 years. “We both love coffee so…
Learn MoreApril 28, 2022
By Kurt Keaton, President of Real Estate The multifamily market in the Southeast, particularly in Georgia, can be defined currently by one factor – jobs. As Georgia continues to attract new industry sectors, the need for housing is growing across the state in new ways. The $5 billion Rivian electric vehicle manufacturing plant that was…
Learn MoreApril 27, 2022
After Georgia awarded six licenses to grow marijuana for medicinal purposes, the state’s medical marijuana program remains stalled. Those six licenses were recently tabled following a contentious legislative session, and those who wanted a license but didn’t get one have sued the state. But even once licenses are cleared, it will be up to a…
Learn MoreApril 22, 2022
A confluence of issues have caused residential and commercial insurance premiums to rise in Florida, sometimes by 40 or 50 percent. As the frequency of disasters increased over the last few years, insurance companies had to cover the higher payouts, leading some insurance companies to leave high-risk states like Florida, said Bradley Cassidy of Franklin Street Insurance Services,…
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Jacksonville’s industrial and retail markets remained strong while the office market continued to struggle during the fourth quarter of 2021. The metropolitan area’s unemployment rate dropped and population growth continued, both positive for commercial real estate. When completed, the first-quarter 2022 real estate firms’ analysis likely will reflect rising inflation and interest rates. … RETAIL…
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