Orlando Business Journal: How Franklin Street’s brokerage team spurred interest in a slow-to-sell Osceola retail center

April 15, 2022

When Tampa-based Franklin Street took on the marketing of a 37,000-square-foot, multitenant retail strip center south of Kissimmee in the Poinciana area, it already had been on the market for six months. Within two weeks, the Southport Plaza was under contract for a $12.3 million sale that closed April 12. The shopping center’s two phases…

Insurance Business: Franklin Street taps 30-year brokerage veteran as president of Insurance Services

April 14, 2022

Franklin Street, a full-service commercial real estate and insurance services firm headquartered in Tampa, Florida, has appointed Rob Allen as president of its Insurance Services division. … What attracted Allen to Franklin Street was the firm’s “deep specialization” in the real estate space. The firm was founded in 2006 during one of the toughest real…

What Now Orlando: Orlando’s Retail Real Estate Market is Breaking Records

Orlando retail is in full rebound mode. After a challenging few years, the market has demonstrated incredible resilience and has not only recovered from pandemic-related lows but is now exceeding pre-Covid highs in many areas. Demand for retail space in the Orlando market has been significantly outpacing supply, creating an extremely tight market. The market’s…

Franklin Street Adds 982-Unit Tampa Multifamily Community Owned by ZMR Capital to Property Management Portfolio

April 13, 2022

Skye Reserve is the second largest apartment property in Tampa Bay TAMPA, FL (April 13, 2022) — Franklin Street is pleased to welcome Skye Reserve, a 982-unit multifamily community to its portfolio of managed properties. The community, located in the Tampa suburb of Brandon, is now the largest multifamily asset under Franklin Street’s management. Franklin…

Traded: Franklin Street Arranges $7.15M Sale of Multifamily Property in St. Petersburg

April 11, 2022

The multifamily property located in St. Petersburg that spans 64,896 square feet sold for $7,150,000 or $110 PPSF. The deal closed 22 days ago. The brokers of the deal were Mark Savarese, Avery Jordan, Zachary Ames and Darron Kattan. Check out the details from Traded.