Marchon

Posted: 5/10/2022
305 Units
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About

About Marchon

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Marchon, a 305-unit thoughtfully-executed, transit-oriented community in the dynamic Memorial Drive corridor of Atlanta’s booming Eastside submarket. The property’s strategic location provides unique access to Atlanta’s Eastside BeltLine Trail, connecting Marchon to the city’s most popular amenities, including Krog Street Market, Ponce City Market and many of Atlanta’s premier restaurants. Marchon’s central location within Atlanta enables first class connectivity to the Sunbelt’s dominant job hubs such as: Midtown (109K Jobs) and Downtown (125K Jobs). Substantial investment into Downtown, such as CIM’s $5B Gulch master development, will further transform the surrounding area while Midtown is home to Microsoft and Google. Furthermore, Marchon’s immediate proximity to the King Memorial MARTA station will drive above average rent growth. Additionally, Marchon has seen rapid leasing velocity of 28 leases per month. Marchon provides a unique opportunity to acquire a thoughtfully designed product with premier finishes including 10+ foot ceilings at an attractive basis below replacement costs.

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