WELLINGTON, FL-CB Richard Ellis has completed the sale of a rental community in Orlando. Associated Estates Realty Corporation has purchased Gables Wellington, a rental community consisting of 222 units in Wellington, for an undisclosed amount. The community was sold by JP Morgan and Gables Residential.
The three-story rental community comprises 14 buildings totaling 256,472 square feet. CB Richard Ellis' sales professional, Zach Sackley, and Miami-based CB Richard Ellis' executive vice president, Robert Given, represented the seller in the deal. For the full story, go to Florida Real Estate Journal .
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