3 Broward County centers trade hands

March 27, 2015

“There’s significant investor demand for multitenant, unanchored retail centers in South Florida,” Franklin Street’s Greg Matus said in a statement. “Rising rents and the low cost of capital are driving the market at the moment.”

Retail Property sells for $5.8M in Fort Lauderdale

Greg Matus and Peter Crane of Franklin Street Real Estate Services represented the buyer, Pinecrest AP, a private real estate investor based in the Northeast in the transaction.

Luxury Retail Keeps Winning in South Florida

“Multi-tenant, unanchored retail centers are in high demand right now from investors,” Franklin Street’s regional managing partner Greg Matus, tells GlobeSt.com. “The cost of capital is very competitive and retail rents are on the rise in South Florida creating ideal conditions for trading activity.”

Franklin Street Sells Fort Lauderdale Retail Plaza for $5.7 Million

Fort Lauderdale, Fla. — Franklin Street has completed the sale of a neighborhood shopping center for $5.7 million.

EXCLUSIVE: The X Factor Driving Multifamily Investment

Rising tenant demand and declining vacancy are doing away with any fear of multifamily overbuilding in Atlanta. Indeed, with performance improving, the competition is heating up for multifamily investors in the metro.