South Florida Business Journal: Rents up, vacancies down for South Florida retail space

March 31, 2022

South Florida retail rents continue to rise, but experts say permitting delays and supply-chain issues could hamper that growth, a Franklin Street broker told the Business Journal. Carrie Smith, senior VP of retail of retail services at Franklin Street, said retail rental rates throughout South Florida increased between 5% to 8% year over year in the…

Traded: Franklin Street Arranges Sale of $5.8M Multifamily Property in South Florida

The multifamily property located in Jupiter that spans 18,872 square feet sold for $5,800,000 or $307 PPSF. The deal closed 28 days ago. The brokers of the deal were Joseph Landsberg, Ryan Wold, Greg Matus and Dan Dratch. Check out the details from Traded.

Jacksonville Business Journal: Growing Jax Franklin Street office adds three new CRE pros

The Jacksonville office of commercial real estate firm Franklin Street has added three new professionals. The recent additions bring the total number of team members in Franklin Street’s local office to 13. The brokerage last year announced its intention to significantly grow its presence on the First Coast. The new hires include: Mike Salik as…

Southeast Real Estate Business: Franklin Street Brokers $9.3M Sale of Office Property in North Miami Beach, Florida

March 30, 2022

MIAMI BEACH, FLA. — Franklin Street has brokered the $9.3 million sale of North Miami Beach Financial Center, a two-story office building leased in North Miami Beach. Ivan Herrera of Florida Royalty Investments Group LLC acquired property from Alberto Lensi of Addi Properties. Adam Tiktin and Greg Matus of Franklin Street represented the seller in…

Q4-21 Office Report: Jacksonville

March 28, 2022

JACKSONVILLE OFFICE MARKET OVERVIEW Top employers and professionals are increasingly viewing Jacksonville as an ideal market to live and work. People and companies are drawn to the area for its cost of living, which is more affordable than most major metro areas around the country, along with its favorable weather, miles of beaches and overall…