Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Cushman & Wakefield Arranges $132M Sale of Multifamily Community in Georgia By: Cushman & Wakefield via Business Wire February 03, 2022 at 13:00 PM EST Cushman & Wakefield (NYSE: CWK) announced that the commercial real estate services firm has arranged the sale of Park at Abernathy Square, a 484-unit apartment community located in Sandy Springs, Georgia. The final sales price was $132.6 million, equating to more than $274,000 per unit. Mike Kemether, Travis Presnell and James Wilber of Cushman & Wakefield represented the seller, Clark Ventures, in the transaction. The property was acquired by Stockbridge Capital Group, a private equity real estate firm. "Park at Abernathy Square competes well with much newer properties,” said Kemether, Executive Vice Chair at Cushman & Wakefield. “With several new amenities and improvements to the property interiors, Park at Abernathy Square will serve its new owner well, especially given its position in the high-barrier-to-entry Sandy Springs submarket here in Atlanta." Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is an 82-person investment sales team covering 11 states with No. 1 multifamily market share in that region based on sales volume and transactions reported to CoStar. For more information about the Sunbelt Multifamily Advisory Group, visit https://multifamily.cushwake.com. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005580/en/ Cushman & Wakefield Arranges $132M Sale of Multifamily Community in Georgia Contacts MEDIA CONTACT Jade Hubbard, Senior Communications Specialist Jade.Hubbard@cushwake.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Cushman & Wakefield Arranges $132M Sale of Multifamily Community in Georgia By: Cushman & Wakefield via Business Wire February 03, 2022 at 13:00 PM EST Cushman & Wakefield (NYSE: CWK) announced that the commercial real estate services firm has arranged the sale of Park at Abernathy Square, a 484-unit apartment community located in Sandy Springs, Georgia. The final sales price was $132.6 million, equating to more than $274,000 per unit. Mike Kemether, Travis Presnell and James Wilber of Cushman & Wakefield represented the seller, Clark Ventures, in the transaction. The property was acquired by Stockbridge Capital Group, a private equity real estate firm. "Park at Abernathy Square competes well with much newer properties,” said Kemether, Executive Vice Chair at Cushman & Wakefield. “With several new amenities and improvements to the property interiors, Park at Abernathy Square will serve its new owner well, especially given its position in the high-barrier-to-entry Sandy Springs submarket here in Atlanta." Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is an 82-person investment sales team covering 11 states with No. 1 multifamily market share in that region based on sales volume and transactions reported to CoStar. For more information about the Sunbelt Multifamily Advisory Group, visit https://multifamily.cushwake.com. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005580/en/ Cushman & Wakefield Arranges $132M Sale of Multifamily Community in Georgia Contacts MEDIA CONTACT Jade Hubbard, Senior Communications Specialist Jade.Hubbard@cushwake.com
Cushman & Wakefield (NYSE: CWK) announced that the commercial real estate services firm has arranged the sale of Park at Abernathy Square, a 484-unit apartment community located in Sandy Springs, Georgia. The final sales price was $132.6 million, equating to more than $274,000 per unit. Mike Kemether, Travis Presnell and James Wilber of Cushman & Wakefield represented the seller, Clark Ventures, in the transaction. The property was acquired by Stockbridge Capital Group, a private equity real estate firm. "Park at Abernathy Square competes well with much newer properties,” said Kemether, Executive Vice Chair at Cushman & Wakefield. “With several new amenities and improvements to the property interiors, Park at Abernathy Square will serve its new owner well, especially given its position in the high-barrier-to-entry Sandy Springs submarket here in Atlanta." Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is an 82-person investment sales team covering 11 states with No. 1 multifamily market share in that region based on sales volume and transactions reported to CoStar. For more information about the Sunbelt Multifamily Advisory Group, visit https://multifamily.cushwake.com. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter. View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005580/en/