The latest insights from franklin street experts
Port St. Lucie, FL – Franklin Street is pleased to announce the successful sale of a Class B, value-add multifamily property located at 1900 & 1942
July 8, 2024
The property has maintained a 10-year 98% occupancy. SOUTH FLORIDA, JULY 1, 2024 – Franklin Street Investment Sales today announced the sale of Westwood Apartments, a 21,000-square-foot, 22-unit multifamily property in Fort Lauderdale, Fla., for $4.4 million, equating to $199,500 per unit. The property sold at a 5.42% cap rate at $208.01 per square foot….
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Franklin Street is pleased to congratulate Garet Marr, Regional Managing Director of the firm’s Tampa office, and Managing Director of Insurance Services, on being recognized as a 2024 Top Retail Broker by Insurance Business America! This awards program recognizes top retail brokers who have achieved at least $1 million in premium revenue in 2023, with…
Learn MoreJune 24, 2024
Franklin Street’s Greg Eisenman, Regional Managing Director in Atlanta, recently spoke with Focus about the challenges and opportunities in the Atlanta real estate market, highlighting the firm’s ability to adapt and support its clients amidst market fluctuations. View some snippets from the interview below. What are some highlights from the last 12 months? Franklin Street…
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FORT LAUDERDALE, June 24, 2024 – Franklin Street, a national, full-service commercial real estate firm, today announced Scott Allen has joined the firm’s Office Tenant Services team, as Senior Director, at the firm’s Fort Lauderdale office. In his capacity as Senior Director, Allen will focus on all facets of the transaction cycle including leasing, sales,…
Learn MoreJune 12, 2024
With Franklin Street’s CMO Monetha Cobb, and Greg Matus, Senior Vice President of Investment Sales Key Challenges in Retail The primary hurdle in the retail sector is the fluctuating market and rising interest rates, which have significantly slowed down transactions. Investors and developers are finding it tougher to secure deals as banks enforce stricter lending…
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