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Terracap says the Kennesaw submarket is amongst the strongest performing markets in the Atlanta metro area, boasting a large professional and medical workforce.
DeBartolo and Encore completed the property in April 2019 and had been moving quickly through the lease-up phase of the property located at 7995 Haven Way in Kissimmee.
Real estate decision-makers are trying to decode market messages and the movements of leading institutional investors, said Tim Lee, principal at Olive Hill Group.
The New York City-based firm reports it has recently sold the Skyridge Club Apartments in suburban Chicago and the Sugarloaf Trails Apartments in suburban Atlanta.