The latest insights from franklin street experts
JACKSONVILLE, Florida — Today, Franklin Street announced that its Self-Storage team has secured a buyer for a 3.79-acre storage development site located at 13435 North
December 1, 2021
The previously vacant ground floor commercial space at 220 Riverside, a mixed-use building in the Brooklyn area of Jacksonville, will soon be fully leased once again, according to the retail team at Franklin Street. When the development at 220 Riverside opened in 2015, it was with great fanfare, with the commercial space in the property attracting some high-end tenants. The adjacent Unity…
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Landlords focus on consumer convenience by signing healthcare tenants to fulfill demand for medical services and boost profitability. Since the Great Recession, shopping center and mixed-use owners and developers have become more amenable to alternative tenants. Over the past few years, it has become more common for to turn to healthcare tenants as the population…
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Return to In-Person Learning Boosted Demand in Recent Months Even as Enrollment Declines, Fannie Mae Says The return of most college students to in-person learning this fall has given a boost to student housing, according to a new analysis from Fannie Mae, the government-sponsored mortgage giant. Improving fundamentals have brought investors back en masse, and…
Learn MoreNovember 30, 2021
Franklin Street Atlanta’s Monetha Cobb was quoted in the Atlanta Business Chronicle’s feature on hiring trends during the pandemic. The article shows that there has been a month to month decrease in labor force participation that is not expected to significantly improve anytime soon- in part due to the nation’s shifting demographic. The feature also…
Learn MoreNovember 29, 2021
Rents are expected to rise event as more units come on the market. Apartment vacancy is down, average rents are up and the pipeline continues flowing for construction of multifamily units in the Jacksonville area as of the third quarter of 2021. About 1,300 units were added during the July-September quarter. “This market is positioned…
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