MIAMI—With commercial real estate investment getting more competitive in South Florida, more investors are looking further north. Justin Spiller, the newly-minted associate director of retail investments at Franklin Street, is bullish on Jacksonville, FL.

“Jacksonville can still offer investors an attractive cap rate that's higher than other parts and larger cities in Florida,” Spiller tells GlobeSt.com. “We are seeing an influx of additional investment capital in the market because of these strong indicators.”

Spiller came on board at Franklin Street in a new position in the firm's growing Jacksonville office. Spiller specializes in representing investors in the sale and purchase of both single-tenant net lease and multi-tenant retail properties throughout North Florida and the Southeast.