Franklin Street secures buyer for self-storage development site in Jacksonville
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
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
September 10, 2015
The companies on the List are the backbone of the local economy, with a combined 2014 revenue of $59.3 billion.
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Sterling Hale, Senior Director, completed the “Escape from Alcatraz” triathlon on June 7.
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“You’re going to see institutional buyers continue to be aggressive because capital is cheap. They’re aggressive to get theirs out, otherwise it stays stagnant, sitting on their balance sheets.”
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Bridge lending “creates an opportunity for an experienced developer to acquire the asset at a good price, turn it around and divest or acquire permanent financing,” explained Steve Bennett, Senior Director Loan Originator of Franklin Street Capital Advisors.
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A 26,000-square-foot building in North Palm Beach that will house a Nautica Ventures marine store has sold for $2.5 million, $1 million below the list price.
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