Brokerage revival in Florida real estate

March 27, 2015

The recovery of commercial real estate in Florida has seen a revival in firm-building. Franklin Street, a Tampa-based commercial real estate services firm, started in 2006 and now is up to 200 employees in four main offices in Tampa, Miami, Jacksonville and Atlanta. It’s expanding into Nashville, Kentucky and Dallas. Its model, in addition to the standard leasing, sales and management services, also offers financing and insurance. “It’s been pretty powerful,” says CEO Andrew Wright. “We’ve fortunately had a lot of success.”

ICSC Coverage: Retailers Modify Store

ATLANTA — If attendance at the International Council of Shopping Centers (ICSC) Southeast Conference is any indication of how the retail market is performing, things are looking up. This year’s conference, held Oct. 28 – Oct. 30 in Atlanta, attracted more than 2,500 attendees, up 9 percent from last year.

Tampa Bay’s commercial real estate market

Retail center owners and alternative users have found common ground. Owners want tenants whose businesses don’t conflict with those of existing tenants, generate traffic for existing tenants and fill space. Charter schools and quick-care medical operations, orthopedic offices and other medical specialties, in which proximity to the patient matters more than proximity to a hospital, want locations near consumers. “It’s a great backfill use,” says Andrew Wright, CEO of commercial real estate firm Franklin Street

ICSC Coverage: Retailers Modify Store Footprints in Preferred Markets

ATLANTA — If attendance at the International Council of Shopping Centers (ICSC) Southeast Conference is any indication of how the retail market is performing, things are looking up. This year’s conference, held Oct. 28 – Oct. 30 in Atlanta, attracted more than 2,500 attendees, up 9 percent from last year.

Franklin Street negotiates lease for new gym in Orange Park

Jamie Swanson of Franklin Street, a full-service commercial real estate firm, negotiated a 10-year lease for Training Ground Fitness, a new gym in Orange Park. The 22,500 square foot space, located at 1564 Park Avenue, was formerly occupied by a Save-A-Lot grocery store. The gym is scheduled to open later this year. It will be owned and operated by a local businessman who bought World Gym franchises to the area within the last decade.