Franklin Street’s Andrew Wright to Deliver Economic Outlook Presentation at Tampa Bay Business Journal Event Jan. 5

December 20, 2021

In the midst of a major transformation and unprecedented growth for the Tampa Bay market, the Tampa Bay Business Journal’s 2022 Economic Outlook event will explore what lies ahead for the global economy and the trends driving our region’s continued rise into the spotlight. Franklin Street invites you to join us at this engaging event,…

Capital Analytics Associates: As Florida’s economy grows, Jacksonville is ready for its time in the sun

Florida’s real estate market has surged in the wake of the COVID-19 pandemic, leading real estate developers to look to untapped markets such as Jacksonville, where opportunity abounds.  As Florida seems to have emerged as a pandemic winner, with headlines arriving every other day of a major relocation or new office expansion and as the…

Traded: Franklin Street arranges sale of 1261 Northwest 59th Street

December 19, 2021

Sold for $1,750,000 ~$189 PPSF The Multi Family property located in Miami that spans 9,255 square feet sold for $1,750,000 or $189 PPSF. The deal closed 1 month ago. The brokers of the deal were Oscar Banegas, Dan Dratch and Greg Matus. Read more here from Traded

Traded: Franklin Street arranges sale of 150 & 220 East University Boulevard

Sold for $30,600,000~$154 PPSF The multifamily property located in Melbourne, Florida spans 199,280 square feet and sold for $30,600,000 or $154 PPSF. The deal closed 2 months and 17 days ago. The brokers of the deal were Mark Savarese, Avery Jordan, Zachary (Zach) Ames and Darron Kattan. Read more here from Traded

Franklin Street Arranges $31M Sale of Multifamily Portfolio in Melbourne

December 17, 2021

Franklin Street has arranged the $30.6 million sale of a 229-unit multifamily portfolio in Melbourne, FL. The firm’s Tampa-based multifamily investment sales team of  Darron Kattan,  Zach Ames, Avery Jordan and Mark Savarese brokered the transaction on behalf of both the seller, Scotto Properties, and the buyer, Topaz Capital Group. “The Southeast continues to see strong demand from multifamily renters, fueled by sunbelt migration,…