The Cushman & Wakefield Sunbelt Multifamily Advisory Group is honored to present the exclusive listing of 565 Hank, a truly rare multifamily opportunity zone asset. The property is strategically situated at the epicenter of Atlanta’s transformative Turner Field redevelopment in Summerhill Atlanta. An irreplaceable location coupled with the developer’s acute demand for flawless quality position the asset for long-term sustainability. Also, Memorial Drive’s expansion, Downtown’s pressure, and the Southside BeltLine’s momentum surround and fuel Summerhill’s evolution.
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565 Hank
306 Units
565 Hank Aaron Drive
Atlanta, GA  30312
Posted: 3/19/2021
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire 60 SE 2nd (the "Site"): a ±2.10-acre, core trophy development site located in the center of Downtown Miami. 60 SE 2nd’s current zoning allows developers the chance to construct up to eighty stories of residential, hotel, office, retail and general commercial uses - surrounded by the unmatched lifestyle, amenities, infrastructure, and connectivity that Downtown Miami offers.
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Under Contract
60 SE 2nd Street
   
60 SE 2nd Street
Miami, FL  33131
Posted: 1/2/2020
Howard Street Assemblage (2 properties, 0.08 acres)
7 N. Howard
0.02 Acres
7 N. Howard Street
Baltimore, MD  21201
Type: Land
Posted: 5/12/2021

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 81 TURNPIKE RD, a 3.0-acre prime development site opportunity located in the highly desirable town of Ipswich, MA. Currently improved with 7,134 +/- square feet of restaurant/retail space, the property presents a variety of redevelopment opportunities, including apartments, condominiums, senior living, assisted living, hotel, industrial, retail, mixed use, and commercial development. Situated directly off Route 1 and less than five miles from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, 81 Turnpike Rd offers an opportunity for an investor or developer to enter a highly sought-after suburban market.

TRANSIT ORIENTED LOCATION - 81 Turnpike Rd is located directly on Route 1 and is less than 4 miles from I-95, one of Greater New England’s major thoroughfares. Additionally, the site is approximately a 10-minute drive from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, which offers just under an hour ride to Boston’s North Station..

EXCEPTIONAL DEMOGRAPHICS - 81 Turnpike Rd offers exceptional demographics with 40,000 people and 15,000 households within five (5) miles of the property boasting an average household income of $143,000 and a median housing value of $596,000.

81 Turnpike Road is offered on an "as-is, where-is" basis and without a formal asking price. Once qualified investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers" date.

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81 Turnpike
3 Acres
81 Turnpike Road
Ipswich, MA  01938
Type: Land
Posted: 5/17/2021

The Cushman and Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of The Apartments at 814 Park located 814 Park Avenue Baltimore, MD 21201. The Property features 11 existing units which have been updated as well as the rare and immediate opportunity to develop an additional 9 apartments above the existing Garage with access via Tyson Street. Ownership features approved plans and designs for the additional Tyson Street Building.

Interiors feature amenities such as polished hardwood floors, built-in microwaves, capped decorative fireplaces, and modern kitchens and bathrooms. 814 Park Avenue has also benefited from CAM improvements such as replacement windows, a newly installed fire and sprinkler system, a new boiler, new roof, and new plumbing system.

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814 Park Avenue
20 Units
814 Park Avenue
Baltimore, MD  21201
Type: Conventional
Posted: 3/8/2021
The Cushman Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of 8157 Loch Raven Boulevard located in Towson, MD. The First Two Floors total 4,5000 square feet, while the top floor is approximately 2,000 square feet. The first and second floors are primarily medical and office suites, while the basement has a laboratory and medical device manufacturing capabilities. Prior to Maryland Orthotics and Prosthetics, the basement was subdivided into individual offices. The Property was last occupied by Maryland Prosthetics and Orthotics, and prior to their tenure, MONY Life Insurance Company of America. 8517 Loch Raven Boulevard is viable for several uses including office, medical office, and or even a dispensary. Within a 5-mile radius of the Property, the average household income is $102,221, 15 % higher than the Maryland Average, and 70% of residents in the same radius hold a greater than a high school level of education, 8% higher than the Maryland Average.
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8517 Loch Raven Boulevard
   
8517 Loch Raven Boulevard
Towson, MD  21286
Posted: 3/31/2021

Cushman & Wakefield is pleased to offer for sale the 100% fee simple interest in the buildings at 906 and 910 Grand Boulevard and the parking lot at 710 Walnut Street in downtown Kansas City, Missouri. 906 Grand, formerly known as the Rialto Building and the Ozark Building, was built in 1912 and is one of the last historic redevelopment opportunities available in the Central Business District.

The façade of 906 Grand features some of the finest stonework of any building in Kansas City and was extensively restored by the current ownership within the last decade at a cost of over $3 million. Many other modernization improvements have been made in recent years, including a second interior stairwell, new windows and life safety systems.

Downtown Kansas City is in the midst of an incredible renaissance, with a surging residential population and revitalized commercial and entertainment districts. The nearby Power & Light District and the new downtown streetcar line have spurred strong demand for new residential and hotel development in the area.

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906 Grand
   
906-910 Grand Boulevard
Kansas City, MO  64106
Posted: 6/5/2019
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±4.66 net acre multifamily development site located in the highly desirable North Scottsdale area. The site is located on 90th Street, east of the Loop 101 Freeway between Raintree Drive and Frank Lloyd Wright Boulevard and consists of ±202,946 square feet of developable land.

Known as the "West’s Most Western Town", Scottsdale is a combination of cowboy culture and haute couture. Home to Arizona’s finest shopping and dining, Scottsdale offers hiking trails, award winning resorts and acclaimed art galleries for its residents that enjoy a quality of life like no other. Capturing the national spotlight, Scottsdale showcases an eclectic mix of sport and cultural events that draw thousands of spectators annually. Scottsdale boasts first-rate resorts, world-class events, sophisticated arts, lively nightlife, diverse shopping and epicurean feasts and is known for its refined spas, upscale wine bars and shopping plazas with luxury boutiques.

With its affluent population and large employment base, Scottsdale maintains a competitive edge in attracting new retailers, company headquarters, technology and biomedical industry leaders. The city enjoys the largest concentration of Class A Office space in the region. It has a highly developed workforce, enviable business infrastructure and transportation links, including a world-class executive airport. All of these factors combined create a thriving location for business that is attractive to employees and employers. The diverse economy is based on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses, over 150,000 jobs and more than 20% are Arizona corporate headquarters.

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Under Contract
90th St & Raintree Drive
4.66 Acres
N/NWC 90th Street & Raintree Drive
Scottsdale, AZ  85260
Type: Land
Posted: 1/15/2019
The Cushman & Wakefield Mid-Atlantic Private Client Group is pleased to present the exclusive listing of Fieldside Commons in Aberdeen, MD. The land site offer developers the ability to acquire both undeveloped land and repurpose an existing vacant office property at a well-located site in the growing Harford County Rental Market. Totaling approximately 25 acres, the office portion of the site, has 4 buildings, totaling nearly 500,000 existing square feet with 30,000 square foot floorplates. The Property is less than 5 miles from Aberdeen Proving Ground, and adjacent to Ripken Stadium, Residence, Inn, and Courtyard Marriott.
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Under Contract
Aberdeen Multifamily Development Site
24 Acres
801 Long Drive
Aberdeen, MD  21001
Type: Land
Posted: 1/25/2021

Cushman & Wakefield, as exclusive advisor, is pleased to present an urban infill recapitalization opportunity for Altis Grand Central – Central Florida’s premier 314-apartment home asset located in Tampa, Florida (the “Property”). The Property is comprised in a 8-story wrap design with a combined average unit size of 857 square feet. Altis Grand Central is walkable to the University of Tampa and notable retail destinations including the Oxford Exchange and Mise en Place. The Property is conveniently located in close proximity to Tampa’s most notable entertainment and cultural destinations including the Julian B. Lane Riverfront Park, Curtis Hixon Park, Sparkman Wharf at Water Street, The Heights, Hyde Park Village, Tampa Museum of Art, Straz Center, Amalie Arena, and The Florida Aquarium. Developed by nationally recognized Altman Companies, Altis Grand Central represents a rare opportunity in the Southeast United States within the Tampa MSA.

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Altis Grand Central
315 Units
504 West Grand Central Avenue
Tampa, FL  33606
Posted: 4/30/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Anker Haus, a 49-unit, 2020-built Class A Build for Rent Townhome community located in one of Charlotte’s most prominent submarkets, Plaza Midwood. Defined by its eclectic, densely concentrated mix of bars, restaurants, and retail, this entertainment center is also home to an affluent, white-collar employee base. As the first pocket neighborhood introduced to Charlotte, Anker Haus’ Build to Rent Townhome product offers chic, European-influenced townhomes with expansive floorplans and curated unit features. Plaza Midwood’s inactive pipeline, strong rent projections, Charlotte’s resilient net migration, and Anker Haus’ recent stabilization result in a perfect confluence for new ownership to comfortably capitalize on organic rent growth. Less than a mile from the center of Plaza Midwood, the property is also ideally situated near Charlotte’s largest job node, Center City, as well as the largest healthcare campus in Charlotte. Anker Haus represents an outstanding opportunity to invest in a newly built, recently stabilized Class A Build to Rent Townhome community.
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Anker Haus
49 Units
2925 Commonwealth Avenue
Charlotte, NC  28205
Type: Conventional
Posted: 5/27/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 96-unit Arbor Bend apartment community located in Villa Rica, Carroll County, GA. This asset is situated in the thriving Far West Atlanta Suburbs with limited supply and only one property under construction. Further, the West Atlanta submarket currently is #1 in occupancy and #6 in rent growth. Embedded in the I-20 West Industrial Corridor, this asset provides great access to jobs with over 4M SF of industrial space surrounding the property. Built in 2002 and trailing its competitors by $300-$600 in average rent, Arbor Bend represents an outstanding opportunity to organically raise rents and add upside through an interior value-add program in a solid submarket with limited supply.
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Arbor Bend
Offers Due:  Tuesday, June 29, 2021
96 Units
200 Industrial Boulevard
Villa Rica, GA  30180
Type: Conventional
Posted: 6/1/2021
OM AVAILABLE SOON
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile 148 Portfolio. Mobile is the Gulf Coast’s dominant corridor for shipping & aerospace, attracting key players such as Walmart, Amazon and Airbus (4,000+ new jobs). Comprised of 148 units across 3 properties, the Mobile 148 Portfolio arrives to market with heavy capital infusion, proven value add upside, and excellent leasing trends.
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Under Contract
Mobile 148 Portfolio (3 properties, 148 units)
Arbor Pointe
56 Units
100 Dairy Road
Mobile, AL  36612
Posted: 2/18/2021
Arbor Trace Apartments is a rare opportunity to acquire an institutionally maintained asset with future upside potential in the Mid-Atlantic’s leading apartment market. The Property was built in 1985 and has had significant recent capital invested by ownership to enhance amenities, improve common areas and mitigate future risk associated with capital needs. Arbor Trace is 98% occupied and positioned near the bottom of its competitive set on an average rent basis. Rental premiums have been proven out on a renovation at the Property, which can be replicated and expanded upon for additional rent increases. The Property is located within the highly desirable Hilltop Retail corridor with significant lifestyle amenities within walking distance including one of only two Whole Foods Markets in the Hampton Roads region. Market fundamentals have remained strong through the Covid-19 pandemic which is evidenced in both the asset’s operations and across the submarket. The broader Hampton Roads apartment market has outperformed all other Mid-Atlantic investment markets over the past year with strong projections projected to continue in 2021 and beyond. This presents investors the ability to acquire an institutional quality asset in a robust apartment market with value-add upside in the highly sought after Virginia Beach market.
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Under Contract
Arbor Trace
148 Units
624 Suhtai Court
Virginia Beach, VA  23451
Posted: 3/23/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 301-unit ARIUM Emerald Isle apartment community located in Fort Walton Beach, FL. This asset is well-located with close proximity to state ranked schools, and all of Ft. Walton’s primary economic drivers. The Ft. Walton Beach market has seen tremendous growth with 6%+ Avg. YoY rent growth since 2017 providing the next investor a solid base to initiate high-yield upgrades and boost rents $100-$175+. Built between 1989-1996, ARIUM Emerald Isle offers an outstanding opportunity to invest in an asset with walkability to quality retail and commercial properties and major value add upside.
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Under Contract
ARIUM Emerald Isle
301 Units
214 Racetrack Road
Fort Walton Beach, FL  32547
Type: Conventional
Posted: 4/6/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM Mount Pleasant
Offers Due:  Wednesday, June 30, 2021
240 Units
1054 Anna Knapp Boulevard
Mt. Pleasant, SC  29464
Type: Conventional
Posted: 5/26/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM North Charleston
Offers Due:  Wednesday, June 30, 2021
192 Units
2225 Greenridge Road
North Charleston, SC  29406
Type: Conventional
Posted: 5/26/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 680-unit Charleston ARIUM 3 Portfolio, which can be acquired together or individually. Located in two of Charleston’s most prestigious submarkets, North Charleston and Mt. Pleasant, the assets are situated in highly sought after and high barrier to entry submarkets boasting over 60k+ jobs within 5-miles of each location, unmatched lifestyle amenities including direct access to Shem Creek, top tier retail, Downtown Charleston and higher education paving the way for continued appreciation. The portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well capitalized assets that are primed for a value-add campaign to achieve average premiums of up to $340.
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Charleston ARIUM 3 Portfolio (3 properties, 680 units)
ARIUM St. Ives
Offers Due:  Wednesday, June 30, 2021
248 Units
7930 St. Ives Road
North Charleston, SC  29406
Type: Conventional
Posted: 5/26/2021
Cushman & Wakefield is pleased to present the exclusive listing of Armstrong Lofts, a 30-unit apartment building located in the East Germantown Section of Philadelphia, PA, adjacent to LaSalle University’s campus. This opportunity allows investors the opportunity to purchase a relatively new asset with a tremendously stable cashflow.
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Armstrong Lofts
30 Units | 66 Beds
525 Armstrong Street
Philadelphia, PA  19144
Type: Student
Posted: 1/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1,075-unit Forest Park 1075 Portfolio located in Jonesboro and Forest Park, Clayton County, Georgia. These three assets are situated just off I-75 in Atlanta’s rapidly-expanding aerotropolis region, an area flush with industrial, distribution, and television/film industry jobs. Ashwood Ridge, Bradford Ridge, and Laurel Pointe come to market riding impressive performance trends and are poised for substantial additional growth by continuing proven value-add strategies alongside market-backed rental upside. Built between 1970 and 1972, the assets occupy strategic micro-locations with premier access to major thoroughfares and jobs. This offering is an extremely rare opportunity to establish a sizable investment portfolio with vast economies of scale in a high-growth submarket.
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Forest Park 1075 Portfolio (3 properties, 1,075 units)
Ashwood Ridge
Offers Due:  Wednesday, June 23, 2021
220 Units
276 Upper Riverdale Road
Jonesboro, GA  30236
Type: Conventional
Posted: 5/18/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 254-unit Decatur Value-Add Portfolio located in Decatur, DeKalb County, Georgia. These two strong-performing multifamily assets are situated in the rapidly-expanding Decatur area of northeast Atlanta, recently rated A+ by Niche.com as the #1 Best Place to Live in Georgia. Built in 1962 and 1972, Decatur Estates and Austin Estates offer an excellent opportunity to invest in one of Atlanta’s most sought-after neighborhoods with value-add assets and organic rising rents. Both properties are offered as loan assumptions with below-market interest rates and almost five years of interest-only payments remaining.
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Decatur Value-Add Portfolio (2 properties, 254 units)
Austin Estates
118 Units
3859 Austin Circle
Decatur, GA  30032
Posted: 1/7/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Avalon at James Island, a 273-unit newly constructed apartment community located in Charleston, SC. Boasting top-of-market amenities and features, Avalon at James Island is the premier multifamily asset of James Island, a submarket defined by blue chip demographics and a plethora of proximate lifestyle amenities including Downtown Charleston and Folly Beach just minutes away. Further highlighting the assets preeminent location, the adjacent Harris Teeter anchored James Island Shopping Center provides unmatched convenience to myriad retail options within walking distance. Increasing barriers to entry within the submarket will provide ideal multifamily fundamentals over the next 5 years as the population is projected to outpace new deliveries by 5 to 1 within a 3-mile radius of the asset. This lack of new deliveries, coupled with an increasingly affluent millennial renter base whose household incomes will average $110K by 2025, will create an extremely favorable rent growth environment over the hold period. With stabilization imminent, the property offers an outstanding opportunity to invest in a newly built, institutional-quality asset that can close the substantial delta to downtown rent levels through 2nd generation leasing and capture nearly $1000 ($1.00 PSF) in headroom.
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Under LOI
Avalon at James Island
273 Units
202 Promenade Vista Street
Charleston, SC  29412
Type: Conventional
Posted: 4/19/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit Avalon on Montreal apartment community located in Northeast Atlanta, DeKalb County, Georgia. This asset is situated in the rapidly-expanding, high industrial and e-industrial growth area of Clarkston, GA. Built in 1975, the property underwent a full repositioning program in 2011, during which interiors, exteriors, all systems and amenities were significantly renovated. The property operates much more like a 2011 vintage asset. The submarket supports a full interior renovation of the conventional units. Avalon on Montreal represents an outstanding opportunity to invest in an asset with significant value-add potential and located in a thriving industrial corridor. * 89 units rent restricted through 2027 when the entire property can be taken to full conventional rents (see page 15 of the OM for details).
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Under Contract
Avalon on Montreal
168 Units
1086 Montreal Road
Clarkston, GA  30021
Type: Conventional
Posted: 12/14/2020

Cushman & Wakefield has been exclusively retained by Shea Connelly Development, LLC to offer an investment opportunity in the development of Avenue of the Fountains Luxury Apartments (the “Property”), a 190-unit luxury multifamily development. It will be situated in the Phoenix suburb of Fountain Hills, located directly across from the Fountain Monument, the focal point of community gathering and celebration in Fountain Hills. Shea Connelly Development is seeking approximately $13.7M of JV Equity for the development of Avenue of the Fountains Luxury Apartments.

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Avenue of the Fountains
   
Fountain Hills, AZ
Type: Land
Posted: 4/6/2021