ATLANTA, GA – Chandler Residential has acquired the 500-unit, Colton Creek apartment community in McDonough, GA from Fairfield McDonough LLC in an $80 million transaction.

The sale, representing $160,000 per unit, serves as Chandler Residential's third Atlanta-area acquisition within the past 18 months.

Cushman & Wakefield's Mike Kemether, Alex Brown, Travis Presnell and Robert Stickel represented the seller, Fairfield McDonough and arranged the sale.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.