The property currently offers 478 units, and construction isunderway to add 158 more units by the spring of next year. There isalso a 6,000-sf recreational facility and coffee bar at thecomplex.

Moran & Company partner Greg Engler explains in a statementthat "one of the reasons the property was so well received was thehigh demand for apartments in the North Atlanta area." He added,"there are virtually no apartments under construction today innorth Fulton County." To date, Moran's southeast office hasorchestrated about $250 million in transactions for 2001.

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.