The latest insights from franklin street experts
Strategic Off-Market Transaction Highlights Commitment to Client Success and Market Potential Aiken, SC – Franklin Street is pleased to announce the successful sale of Fortress
July 22, 2024
The property was 100% leased with 11+ years of WALT at the time of sale. HOLLYWOOD, July 22, 2024 – Franklin Street Investment Sales announced today the sale of Shoppes at Monterra Commons, a 30,170-square-foot shopping center in Hollywood, Fla., for $18.5 million. Franklin Street arranged the transaction on behalf of seller, a diversified company….
Learn MoreJuly 15, 2024
The real estate The more than 40 stores in play will ripple through the area’s retail real estate market. Franklin Street Senior Vice President Carrie Smith said July 11 that she expects the conversions and market transition to unfold strategically. “Up until the Edgewood Square announcement, Aldi’s plans for the Winn-Dixie and Harveys boxes has…
Learn MoreJuly 11, 2024
KANNAPOLIS, July 11, 2024 – Franklin Street Self-Storage announced today that it has closed the sale of Graham’s Storage, an 8.03-acre, 48,231-net-rentable-square-foot self-storage facility in Kannapolis, N.C. Franklin Street represented the seller, Graham Real Estate LLC and Harley’s Properties LLC, and the buyer, 10 Federal. The sellers were represented by the Franklin Street Self-Storage Investment…
Learn MoreJuly 10, 2024
Bankers Financial Group is moving back to downtown St. Petersburg after signing a major sublease deal in Duke Energy’s office tower on First Avenue North. Bankers has signed a 10-year lease for 54,000 square feet at 299 First Ave. N., the Tampa Bay Business Journal has learned. The company will vacate its suburban headquarters at 11101…
Learn MoreJuly 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….
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