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.
McCall and Frankin Street director Bryan Belk brokered the deals for the seller. Brad Kam and Gavin Kam of Net Realty Advisors were the brokers for the Family Dollar buyer, a trust out of California. Weichert Realtors was the broker for the Dollar General buyer, an investor out of New York.
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