Franklin Street Arranges Sale of $4.4M Multifamily Property in South Florida

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….

Franklin Street’s Garet Marr Recognized as a 2024 Top Retail Broker by Insurance Business America

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…

Capital Analytics Associates: Spotlight On: Franklin Street’s Greg Eisenman, Regional Managing Director

June 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…

Franklin Street Hires 25-Year CRE Veteran in Fort Lauderdale

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,…

Franklin Street: How to Navigate Current Retail Challenges and Future Opportunities

June 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…