
Commercial tenants hold balance of power in Austin’s Central Business District
CBD vacancy exceeds 24% AUSTIN, Texas — According to a new report by Franklin Street, Austin’s Central Business District has hit a historic vacancy rate
The latest insights from franklin street experts

CBD vacancy exceeds 24% AUSTIN, Texas — According to a new report by Franklin Street, Austin’s Central Business District has hit a historic vacancy rate
April 5, 2016
“The demand for long-term triple net leases is as strong as ever, especially opportunities with 20 year leases that are above a 5% cap rate.”
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Franklin Street’s Director Jonathan Graber and Investment Associate Joe Morrow, who specialize in retail properties throughout West and Central Florida, represented the seller of both Arby’s properties, a Georgia-based Arby’s franchisee.
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Ivie specializes in tenant representation and site selection for clients throughout Georgia and the Southeast. In addition to his being an experienced real estate broker, he has years of experience with Geographic Information Systems (GIS) and statistical sales forecasting tools.
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McGarry leads all marketing responsibilities for Atlanta’s retail leasing group including brochures, email marketing, proposals, and more. She also performs transaction management duties and serves as a customer representative to her team’s clients.
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Schoerner serves as an Investment Associate for Franklin Street specializing in multifamily properties across Georgia and the Southeast. His experience in risk management along with knowledge of the greater Atlanta market gives him an advantage over others in the industry.
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Walt Zaykowski
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