Southeast Real Estate Business: Franklin Street Brokers $9.3M Sale of Office Property in North Miami Beach, Florida

March 30, 2022

MIAMI BEACH, FLA. — Franklin Street has brokered the $9.3 million sale of North Miami Beach Financial Center, a two-story office building leased in North Miami Beach. Ivan Herrera of Florida Royalty Investments Group LLC acquired property from Alberto Lensi of Addi Properties. Adam Tiktin and Greg Matus of Franklin Street represented the seller in…

Q4-21 Office Report: Jacksonville

March 28, 2022

JACKSONVILLE OFFICE MARKET OVERVIEW Top employers and professionals are increasingly viewing Jacksonville as an ideal market to live and work. People and companies are drawn to the area for its cost of living, which is more affordable than most major metro areas around the country, along with its favorable weather, miles of beaches and overall…

Q4-21 Office Report: South Florida

SOUTH FLORIDA OFFICE MARKET OVERVIEW The South Florida office market, comprising Miami-Dade, Broward and Palm Beach counties, is well on its way to recovery. The market is experiencing very healthy employment and economic fundamentals, and average rental rates remain a significant amount of new office construction and record investment sales pricing are promising signs of…

Q4-21 Office Report: Orlando

ORLANDO OFFICE MARKET OVERVIEW At the epicenter of Florida’s booming I-4 Corridor, the Orlando marketis experiencing tremendous population and economic growth. Whilethe office market has been slower to recover than most sectors ofcommercial real estate—echoing national trends in the sector—leasingactivity is steadily increasing. ORLANDO OFFICE MARKET TRENDS TO WATCH While the Orlando office market still…

The Real Deal: Franklin Street promoted chief revenue officer to CEO

Franklin Street promoted Matthew Harrell to CEO of the commercial real estate and insurance services firm. Harrell has been with the Tampa-based company since 2009 and was most recently chief revenue officer. He succeeded Franklin Street founder Andrew Wright, who remains chairman of the board of directors. Read more from The Real Deal.