The latest insights from franklin street experts
New Ownership Promises Exciting Opportunities for Development and Community Growth Franklin Street is excited to announce a major achievement in the multifamily real estate sector
March 18, 2021
The new-to-market tenants will occupy part of a former Kmart space that was subdivided into four junior anchor units ATLANTA (March 18, 2021) – Franklin Street, a full-service commercial real estate firm, is bringing two new major retailers, TJ Maxx and Bealls Outlet, to a shopping center in Cornelia, Georgia, approximately 85 miles northeast of Atlanta. The two leases,…
Learn MoreMarch 16, 2021
A 270-unit multifamily development in Jacksonville’s northside broke ground March 12, according to a press release from the general contractor. Summit Contracting Group broke ground on The Avery at River City Marketplace, formerly known as Duval Crossing, just off of Duval Road. Corner Lot Development Group is the developer of the project, while Group 4…
Learn MoreMarch 10, 2021
Franklin Street has arranged the $32.2 million sale of The Sands at St. Lucie, a 320-unit apartment property in Fort Pierce. Built in 1988, the affordable housing community is comprised of 21, two-story buildings featuring 208 two-bedroom and 112 three-bedroom units. At the time of sale, the property was 98% occupied. Amenities include an on-site fitness center,…
Learn MoreMarch 9, 2021
As COVID-19 and rising competition from e-commerce challenged the retail market in 2020, it’s no surprise that investment in retail real estate took a hit. However, while the retail market will continue to face hurdles in 2021, certain groups of buyers and sellers are well-positioned to benefit from the current environment. Franklin Street’s retail investment…
Learn MoreMarch 8, 2021
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