REBusiness Online: Franklin Street Negotiates $34M Sale of Apartment Community on Florida’s Space Coast

August 18, 2022

MELBOURNE, FLA. — Franklin Street has negotiated the sale of Paradise Cay Apartments, a 197-unit multifamily property in Melbourne. Topaz Capital Group LLC purchased the community from Wells Boys & Girls Management for $34 million, or $172,588 per unit. Darron Kattan, Zachary Ames, Avery Jordan, Mark Savarese, Cary Brown and Cameron Wolfe of Franklin Street…

Tampa Bay Times: Are shoppers starting to pull back as Florida’s cost of living rises?

… There is also some relief coming for consumers, retail experts noted. Gas prices have fallen and some big-box stores have overstocked their inventories to avoid shortages, resulting in more discounts and sales. “There’s a disconnect right now that we’re all noticing,” said Brian Bern, managing director of retail tenant representation at Tampa-based brokerage Franklin…

Zack McNamara Joins Franklin Street’s Retail Team in Orlando

August 16, 2022

McNamara brings extensive retail leasing experience to his role as Senior Director ORLANDO, FL (August 16, 2022) – Franklin Street has added Zack McNamara, CCIM, a retail leasing expert specializing in landlord and tenant representation, to its growing retail leasing team. With a decade of experience working in the Central Florida region, McNamara brings extensive…

Q2-22 Retail Report: South Florida

August 15, 2022

Retail real estate in South Florida is thriving as migration to the Southeast continues to fuel demand from both occupiers and investors. Although factors such as inflation and supply chain constraints have created some headwinds, retail leasing and investment sales activity is expected to remain strong throughout 2022. Explore our Q2-22 report to learn about the…

Q2-22 Retail Report: Jacksonville

Retail real estate in Jacksonville is thriving as migration to the Southeast continues to fuel demand from both occupiers and investors. Although factors such as inflation and supply chain constraints have created some headwinds, retail leasing and investment sales activity is expected to remain strong throughout 2022. Explore our Q2-22 report to learn about the data,…