Austin Business Journal: Franklin Street’s Ryan Bohls on Back-to-Office Trends
When it comes to leasing activity, the downtown office market hasn’t had much to cheer about lately — but one bright spot has emerged in the form of
The latest insights from franklin street experts
When it comes to leasing activity, the downtown office market hasn’t had much to cheer about lately — but one bright spot has emerged in the form of
October 27, 2015
Franklin Street, along with Neal Realty & Investments, Inc., sells two open-air shopping centers in Palm Beach County to a Northeast U.S. investor for $9.1 million.
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Lisa Jesmer will be responsible for securing new management contracts, and developing client relationships throughout Florida and nationwide.
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The buyer was represented by Greg Matus, regional managing partner-South Florida, retail investment associate Peter Crane, bot of Franklin Street Real Estate Services, and Tim Neal of Neal Realty & Investments.
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Greg Matus and Peter Crane of Franklin Street and Tim Neal of Neal Realty represented the buyer, Perkins Realty Management LLC, in both transactions.
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Unlike traditional multifamily buyers interested in buildings that already generate rent, these investors and operators of residential drug and alcohol rehabilitation centers, prefer properties with month-to-month tenants or none at all.
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Kimberly Mendoza
Communications Specialist
[email protected]
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