Franklin Street Closes Dollar Store Construction Deals

FORT PIERCE, FL-Franklin Street's Bryan Belk tells GlobeSt.com's Jennifer LeClaire that dollar stores are the exception to the rule in Florida retail construction.

By Jennifer LeClaire | Updated on June 15, 2011

FORT PIERCE, FL-Franklin Street’s Atlanta office is on a dollar store role. The full-service commercial real estate firm just closed back-to-back construction deals for a Family Dollar in Fort Worth, TX and Dollar General in Fort Pierce, FL.

“Dollar stores are attractive to both real estate investors and consumers because they continue to exceed sales expectations as the economy is not dramatically improving for most people, especially in hard hit areas like Florida,” says Mac McCall, regional managing director of Real Estate Services at Franklin Street.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
1 free article* every 30 days across the ALM subscription network
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

Is Your Retail Property a Candidate for Reuse?

Gary Cohn | April 30, 2024

Given retail market conditions today, it’s no wonder that adaptive reuse is a hot topic. With retail inventory exceeding demand in many markets, converting…

Industry Insiders Talk ICSC, Shifting Positions in C-Suites

Natalie Dolce | May 09, 2024

Retail experts gearing up for ICSC are excited to see which brands make major shifts to operations and real estate needs.

Strong Apartment Demand Closing Gap With Supply Influx

Philippa Maister | May 10, 2024

Some markets had near parity between supply and demand in the first quarter.

Resource Center

Better decisions come from better data, insight and coordination. Download this guide for insights on how to optimize the lease administration process and recommendations for best practices to deliver increased ROI across the lease lifecycle.

Guide

Sponsored by LeaseAccelerator

The Real Estate Leader's Quick Guide: Insights for Better Lease Administration

Better decisions come from better data, insight and coordination. Download this guide for insights on how to optimize the lease administration process and recommendations for best practices to deliver increased ROI across the lease lifecycle.

Browse More Resources ›

Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.

Guide

Sponsored by HqO

How to Develop a Real Estate Experience (REX) Strategy for Your Tenants

Discover how to transform your real estate assets from mere spaces into vibrant experiences that captivate tenants -- and their employees -- to support engagement and retention.

Browse More Resources ›

Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit.

Guide

Sponsored by Building Engines

How to Choose the Right Building Operations Tech to Boost Your NOI

Cementing your CRE portfolio’s long-term growth means assembling a great tech stack to support your goals. However, selecting the right solutions takes preparation and research. This guide outlines five areas of consideration to help you find the right fit.

Browse More Resources ›

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2024 ALM Global, LLC. All Rights Reserved.