ATLANTA—Westbridge Partners and capitaladvisory firm Patterson Real Estate Advisory Grouphave acquired the retail component of the 691 14thSt. mixed-use project from Greystar.

Completed during the spring of 2014, 691 14th consists of 197multifamily units operated as Elan Westside byGreystar above the 10,980 square feet of prime retail space nowowned by Westbridge in the West Midtown section of Atlanta.Patterson arranged the acquisition financing with HamiltonState Bank, who will also provide additional futurefunding as further leasing occurs. No financial terms of the saleof the retail component of the property were released.

“Our involvement in 691 14th St. has spanned the better part offive years,” says Chris Faussemagne, principal atWestbridge Partners. “We wanted to ensure that we were furtherenhancing the fabric of the neighborhood that has grown organicallyinto one of most authentic shopping and residential nodes.”