Tom Farmer is hanging his shingle in Franklin Street’s South Florida offices.
The longtime commercial real estate professional comes on board as director of agency leasing.
Most recently, Farmer served as a senior associate for CBRE’s brokerage services division. During his time there, he provided strategic planning, landlord and tenant representation, acquisition and disposition services to corporate clients.
“Tom brings a wealth of experience with a variety of clients including USAA, Merrill Lynch and Bank of America to our growing office and industrial services team in South Florida,” says Greg Matus, Franklin Street’s regional managing partner in South Florida. Farmer will be working closely with Lisa Jesmer, who joined the firm from CBRE in October of 2015.
A graduate of the University of Miami, Farmer starred on two National Championship-winning Hurricane baseball teams. As a pitcher, he was selected by the Detroit Tigers in the seventh round of the 2001 Major League Baseball Draft. Farmer spent five years in the Tigers and Los Angeles Dodgers organizations.
“Overall, the Miami office market is experiencing a strong first half of 2016,” Farmer tells GlobeSt.com. “Increased net absorption, fueled by strong tenant demand has resulted in higher rental rates and other landlord favorable economic terms. What was previously a strong tenant market, with significant free rent and other economic incentives, has shifted to a more landlord friendly market with fewer front loaded economic incentives such as free rent and large tenant improvement allowances.”
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