The latest insights from franklin street experts
Off-market transaction highlights investor demand and limited retail inventory across Central Florida ORLANDO, Florida — Franklin Street announced it has successfully arranged the sale of
December 15, 2021
Fitness leader opens 25th Georgia location, eyes retail space opportunities and more submarket expansion. While many fitness centers shuttered across the country, the retail victims of the Covid-19 pandemic, one fitness center, Planet Fitness, continued to expand, opening and scouting brick-and-mortar locations across Atlanta. According to IHRSA, the fitness industry trade association, 22 percent of fitness centers…
Learn MoreDecember 14, 2021
Franklin Street is pleased to share the Tampa Bay Business Journal has recognized our team’s lease with Heritage Insurance as one of the market’s top office leases of the year! TBBJ’s “Best Real Estate Deals” awards program “recognizes Tampa Bay’s most prominent real estate deals and developments announced, completed or that broke ground between June…
Learn MoreDecember 13, 2021
Average residential rents in South Florida were up 35.8% year over year, the highest for any U.S. metropolitan area, according to a report from Redfin. The report, released Nov. 23, stated average monthly rents nationwide increased 12.5%, to $1,895, in October. The average monthly rent in South Florida was $2,891 in October. Just behind South…
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The Atlanta industrial market is experiencing high rent growth. Two suburban markets in southeast and northeast parts of the state had strong third quarters because of it, according to the latest market report from commercial real estate agency Franklin Street. Industrial properties that specialize in logistics in Augusta and Gainesville both had 3% rent growth during…
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The Carter Park Apartments in the Durrs neighborhood of Fort Lauderdale sold for $13.6 million and the buyer could make upgrades to the property. BSD Carter Park LLC, an affiliate of Miami-based BSD Management, sold the 96-unit apartment complex at 700-745 N.W. 14th Terrace to MPG 700-745 LLC, an affiliate of Fort Lauderdale-based Metropolitan Property…
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