
Franklin Street brokers sale of Wild Pines of Naples
Multifamily workforce housing property has value add potential for investor NAPLES, Florida — Franklin Street announced it has successfully brokered the sale of the Wild
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Multifamily workforce housing property has value add potential for investor NAPLES, Florida — Franklin Street announced it has successfully brokered the sale of the Wild
July 14, 2016
“This is a one-of-a-kind location in Tampa for Bulla,” said Brian Bern. “The SoHo corridor and Hyde Park is one of Tampa’s hottest communities with fantastic demographics to support mixed-use developments. It is particularly attractive to many restaurants and boutique retailers.”
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Ricky Jones, a director in Franklin Street Real Estate Services’ Atlanta office, said as the cap rates in Atlanta’s core markets become more and more compressed many investors are moving back to the suburbs in search of yield.
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Franklin Street said Wednesday that it has signed Bulla Gastrobar to a 5,500-square-foot space at The Morrison at 936 S. Howard Ave., including the rooftop space and an 1,800-square-foot patio.
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Whitney Kantor, Director with Franklin Street, is named a Woman of Influence by the Jacksonville Business Journal.
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Smith said the closing presents an opportunity for property owner Dewberry Capital Corp. She expects a lot of retail interest in the site because there is no available big-box space in that part of the Westside and a number of stores make sense there.
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