Real Estate Services
Franklin Realty Advisors LLC provides development project management services on a broad variety of real estate project types for a diverse clientele. The firm has managed projects for large corporations (NYNEX, American Optical Company), hotel operators (Hyatt), governmental authorities (the U.S. Department of Defense, the Commonwealth of Massachusetts, and City of Milwaukee, WI) and private investment partnerships. These projects have included office buildings, hotels, condominiums, retail, industrial and parking garages. The firm’s services commence at the earliest stages with project feasibility studies and site assembly and include the full range of development activities including obtaining permits and approvals, overseeing design, construction management, marketing and financing. The managing directors and senior management have managed the development of approximately 4 million square feet of real estate with a value of in excess of $1 billion.
Financial Advisory Services
Franklin Realty Advisors LLC will assist its clients in analyzing, structuring and negotiating the financing requirements of a real estate transaction, including debt/equity structures, joint ventures, sale/leasebacks, syndications, and public/private partnerships in addition to more conventional arrangements. The managing directors have structured and negotiated more than $1 billion of such transactions.
Consulting and Strategic Planning
Franklin Realty Advisors LLC provides comprehensive real estate consulting and strategic planning to its clients. These services include project feasibility studies, land use planning, financial analysis, market analysis and specialized property reports. The firm’s senior management includes professional planners, as well as legal, financial, construction and marketing professionals who can blend their talents to address the complete range of real estate issues facing corporations, institutions, governmental authorities, and other real estate owners. Among the firm’s clients have been the Commonwealth of Massachusetts, the Government of Puerto Rico, and Onondaga County, New York.
Franklin Realty Advisors LLC provides property and asset management services for corporations, institutions and investment partnerships. The firm’s asset management staff will get involved during the design and construction phase, if requested, to ensure that properties are designed and built to provide first-rate facilities and services for the occupants in a cost-effective manner. Proper planning for such management issues as energy conservation, security and tenant lay-out efficiencies can make the difference in the financial performance of a property. Annual property operating and capital plans are prepared and monitored throughout the year to track each property’s performance. The firm employs a state-of-the-art financial reporting system which can be tailored to meet unique requirements of properties.
Franklin Realty Advisors LLC provides construction management services to its clientele in the areas of new construction, both core and shell and interior fit out, as well as building restoration and renovations. The firm’s construction management services commence during the design phase of a project, reviewing plans and providing value engineering, budgeting and scheduling advice, and continue through bid packaging, bid evaluation, contract negotiation, construction oversight and building turn-over. The firm’s managing directors and senior management have managed the construction of over 2 million square feet with a value of more than $200 million. In addition, the firm provides comprehensive tenant fit-out construction services. The firm has overseen the fit-out of space for such tenants as Travelers Insurance and Blue Cross/Blue Shield (office); Eddie Bauer and Banana Republic (retail); and American Optical Corporation and Cabot Corporation (industrial).