The latest insights from franklin street experts
Multifamily workforce housing property has value add potential for investor NAPLES, Florida — Franklin Street announced it has successfully brokered the sale of the Wild
June 28, 2021
ST. PETERSBURG, FL – BH Equities has sold a 517-unit multifamily property in St. Petersburg, FL to New York-based, Axonic Properties LLC for $56 million. The purchase price of the off-market transaction equates to $108,317 per unit. The garden-style apartment community, Osprey Pointe Apartments, offers one-bedroom and two-bedroom floorplans, which range from 625 square feet…
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Axonic Properties acquired the property from BH Equities ST. PETERSBURG, FL (June 28, 2021) – Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit. Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach Ames, Avery Jordan and Mark Savarese brokered the…
Learn MoreJune 24, 2021
By Alex Wright, Senior Director, and Jonathan Holubik, Senior Associate Evaluating retail market trends is critical to forecasting economic growth and areas of opportunity in commercial real estate — especially after a tumultuous 2020. With increased net migration and a strong reliance on essential businesses, in addition to pent-up demand from pandemic restrictions, the retail…
Learn MoreJune 22, 2021
Franklin Street has arranged the $5.1 million sale of Central Plaza, a 19,016-square-foot shopping center in St. Petersburg. Located at 3270 Central Ave., the center is currently fully occupied by a tenant roster featuring an average tenure of 22 years… Franklin Street’s Retail Investment Sales Team of Anthony Suarez and Ryan Derriman represented the seller,…
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The athletic training facility, which caters to scholastic athletes, will open near the St. Johns Town Center this fall JACKSONVILLE, FL (June 22, 2021) – Franklin Street has represented D1 Training, a scholastic training and adult fitness facility with locations throughout the country, in securing its first location in the Jacksonville market. The 8,800-square-foot facility…
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