About
About The Porte at Pathstone
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Porte at Pathstone, a 336-unit, 2022-built market-leading property located in Pensacola, FL. The asset lies across the street from Navy Federal Credit Union’s campus, with a $3.4B annual economic impact, which employs 10,000 people, providing residents with immediate access to NW Florida’s largest private-sector employer. The asset enters peak leasing season with resilient trailing performance, highlighted by 93% T-12 avg. occupancy. Furthermore, market-wide vacancy has compressed 150 bps over the past year, new deliveries are down 40% YoY, and less than 1,200 units are currently under construction.
As the panhandle’s prized asset, Porte at Pathstone also features thoughtfully constructed finishes and a resident-centric amenity package, delivering an unparalleled living experience to tenants. Delivering a true sustainable competitive advantage to the immediate competitive set, the forthcoming owner stands to benefit from the asset’s irreplaceable location and institutional-grade physical product.
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