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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 1061 Memorial Drive, a 1.73-acre, fully-zoned development site located in Atlanta’s rapidly developing Memorial Drive Corridor. The site is primed to benefit from being located within one of Atlanta’s most rapidly expansion area, the Eastside, that has seen incredible investment and growth due to a multitude of factors. The BeltLine has continued to draw an unstoppable amount of interest for corporate relocations and retail development, as well as being the hottest rental and single-family market in Atlanta as evidenced by consistent rent growth and wealthy demographics. The fully-zoned site presents a unique option for a variety of different development options, providing a pristine opportunity to feed off of the impressive boom rippling down the Eastside, BeltLine & Memorial Drive Corridor.
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1061 Memorial Drive
1.73 Acres
1061 Memorial Drive SE
Atlanta, GA  30316
Type: Land
Posted: 9/21/2020
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 148 Peabody Road (the "Property" or "148 Peabody"), a 100% market-rate, ±5.09 acre residential development site located in Vacaville, California. Situated within a quarter mile from an Interstate-80 onramp, the Property benefits from convenient access to the area’s largest and most renowned employers including Genentech, Kaiser Permanente, NorthBay VacaValley Hospital, Anheuser-Busch, UC Davis and Travis Air Force Base. Recognizing the critical need for housing in strategic locations like 148 Peabody Road, the City of Vacaville created a Residential Urban High Density overlay that encompasses the Property and will allow for up to 330 units with conditional approval.
With direct access to 5 million jobs, Vacaville has emerged as one of the top performing apartment submarkets in the San Francisco Bay Area. Local rents are forecasted to grow by 21% in the next five years while median household incomes are anticipated to grow 15% to $96,838 annually during this same time. As a 100% market-rate community in a submarket with minimal competition, 148 Peabody Road will offer the high end, convenient living experience critical to attracting the region’s most affluent renters.
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Under Contract
148 Peabody
5.09 Acres
148 Peabody Road
Vacaville, CA
Type: Land
Posted: 12/3/2019
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 1849 Knox Street ("1849 Knox" or the "Property"), a 5-unit multifamily property with ±82% rental rate upside in Castro Valley, California. Built in 1965 and available for acquisition for the first time in 36 years, 1849 Knox represents a significant value-add opportunity with a market-proven $1,100+ per unit post-renovation premium.

Surrounded by two BART stations and major employers such as Sutter Health, Oracle, Workday, Kaiser and Roche Molecular Systems, Castro Valley has experienced 26% rent growth in the past 5 years. The Property’s instant access to the San Francisco Bay Area’s diversified economy combined with the area’s persistent housing imbalance is expected to result in 17% rent growth by 2025 while maintaining over 95% average occupancy. While located in Castro Valley, 1849 Knox is within the Hayward Unified School District boundaries. Available for acquisition at 28% below replacement cost, 1849 Knox presents the exceptional opportunity to capture significant rental upside in one of the San Francisco Bay Area’s most central and accessible locations.
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1849 Knox
5 Units
1849 Knox Street
Castro Valley, CA  94546
Posted: 8/11/2020
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire 1901 Broadway (the "Property"), a premier light rail adjacent multifamily development site in Sacramento’s urban core. Comprised of ±1.27 acres encompassing a full city block, current designs for the Property anticipate a six-story, 224 unit surface-parked apartment community. 1901 Broadway’s location in the heart of the Broadway Corridor and adjacent to the thriving Midtown and Downtown submarkets provides future residents instant access to the live-work-play offerings that have transformed Sacramento into California’s fastest growing major city.

1901 Broadway is currently a 28,415 square foot vacant office building with a 51 stall parking lot. One of the most respected architectural firms in the Sacramento region has contemplated a new 224 unit surface-parked multifamily community with 4,772 square feet of complementary ground floor retail space. The City of Sacramento is a supportive partner that has already proven it will approve a highdensity project at this site and is eager to help bring this development to fruition.

1901 Broadway provides the rare opportunity to acquire a significant infill development opportunity in the heart of Sacramento’s urban revival. With a high-efficiency design and transit-oriented location, the Property will provide future residents a highly amenitized living experience and convenient enjoyment of Sacramento’s highly sought after lifestyle amenities.
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Under Contract
1901 Broadway
1.27 Acres
1901 Broadway
Sacramento, CA  95818
Type: Land
Posted: 9/20/2019
Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Hill, a gut renovated 13-unit property in the heart of Washington, DC’s Capitol Hill neighborhood. Originally constructed in 1955 and completely renovated and modernized in 2020, The Hill is the premier opportunity to acquire a core asset in the city’s most historic neighborhood. Building systems have all been replaced and modernized with new mini-split heating and AC units, in-unit washer-dryers and condo-quality finish levels. The Property’s one-of-a-kind location at the intersection of Independence Avenue, Pennsylvania Avenue and 2nd Street Southeast creates immediate connectivity to the Capitol Building and Library of Congress in addition to unbelievable access to the city’s largest employment nodes, including Amazon HQ2. The Capitol South Metro Station is only two blocks from the Property, providing dynamic optionality for residents to access to the entire city and the greater Washington metro area. The Hill’s exceptional location and premium finish level presents investors with the rare opportunity to acquire a core asset with organic upside in one of the District’s most highly sought after neighborhoods.
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220 2nd St. SE
13 Units
220 2nd Street SE
Washington, DC  20003
Posted: 1/23/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 66-unit 2200 Midtown apartment community located in Greensboro, NC. This asset is firmly situated in a top performing submarket of the Triad with strong fundamentals and outstanding demographics, outpacing the broader metro on nearly all indicators. Built in 1965, 2200 Midtown offers a 77% completed value add program that is commanding solid premiums of over units leasing with standard features. As submarket household incomes approach $90K+ paired with a muted delivery pipeline, the market indicates support for higher-end finishes as Greensboro shifts its focus to target a white-collar workforce through educational attainment. Investors have the opportunity to increase annual income by $48K by pushing rents to achieve market supported premiums in a top Triad submarket for rent growth.
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2200 Midtown
Offers Due:  Thursday, October 15, 2020
66 Units
2200 Cornwallis Drive, West
Greensboro, NC  27408
Type: Conventional
Posted: 9/1/2020

Cushman & Wakefield is pleased to exclusively offer for sale 2525 Turtle Creek Boulevard (the “Property”), located in one of Dallas’ most sought-after enclaves. The Property is one of the only remaining parcels of its size suitable for high-density development under its existing zoning within the Turtle Creek submarket. Originally built in 1961, the ±4.446-acre Property consists of 108 condominium units and is named the Turtle Creek Gardens Condominiums. The current low-density condominiums no longer constitute the Property’s highest and best use, as there has been an unprecedented surge in demand for high-density development in the area. This surge in demand can be attributed to Dallas’ unrivaled employment growth, having led the nation in new jobs over the past three years. Due to its low cost of living, high quality of life and pro-business environment, Dallas continues to see an influx of corporate relocations from across the country, which drives its rapid expansion.

Offering Memorandum and related documents can be found at 2525turtlecreekblvd.com.

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2525 Turtle Creek
4.44 Acres
2525 Turtle Creek Blvd.
Dallas, TX  75219
Type: Land
Posted: 8/14/2020
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 26970 Call Avenue ("26970 Call" or the "Property"), a ±2.63 acre single family development site located in Hayward, California. Zoned for single family residences and currently comprised of 4 lots with 2 existing structures, the Property has the potential to be subdivided to approximately 10 residential lots. The existing lots are offered individually or as a bulk purchase, and the Seller is price-flexible with the appropriate bundling of lots. Within 15 minutes from three BART stations and Interstates 580 & 880, future residents of 26970 Call will enjoy widespread access to high paying jobs in San Francisco, Oakland, the Peninsula, Silicon Valley and the Tri-Valley.

Hayward’s central San Francisco Bay Area location and relative affordability are the major drivers of the city’s 40% increase of median home prices since 2015. Hayward’s increasing desirability among affluent Bay Area employees will continue to contribute to the city’s rising home prices and incomes. Median household income is projected to grow 14% to $100,271 annually by 2025, while the number of households earning more $150,000 annually is projected to grow 22% over that same time period. Known for its instant access to regional parks, along with peace and quiet, high income homeowners will continue to be attracted to the Hayward Highland neighborhood and everything 26970 Call has to offer. A rare opportunity in one of Hayward’s most sought after neighborhoods, 26970 Call will offer future residents a high quality of life while being well connected to major job markets throughout the San Francisco Bay Area.
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26970 Call Avenue
2.63 Acres
26970 Call Avenue
Hayward, CA  94542
Type: Land
Posted: 8/11/2020

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to acquire and develop 2945 S Military Trail, West Palm Beach, Fl (the “Site”): a 6.1-acres of land located within the Urban Infill (UI) zoning of the Unincorporated Palm Beach County zoning map. It is also located within the Urban Redevelopment Area Overlay (URAO) Urban Infill 2 (UI-2). Lastly, it is also located within the Priority Redevelopment Area (PRA).

The property is located in the Greenacres submarket of West Palm Beach. The property has access from Military Trail which has over 40,000 vehicles per day.

Adjacent to the site there is a self-storage facility owned by the same owner. The site can be sold separately or as a package with the self-storage facility. 

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2945 South Military Trail Land
6.1 Acres
2945 South Military Trail
West Palm Beach, FL
Type: Land
Posted: 3/2/2020
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present the opportunity to purchase or joint venture 45 Winwood (the "Project"): a 2.14-acre development site located between NW 2nd and North Miami Avenues in the hip Wynwood submarket of Miami. The offering presents investors and developers with an exciting ground-up development opportunity for up to 321 multifamily units or 642 hotel keys, plus retail space. The Property currently has ±41,048 leaseable square feet that can be leased as is or renovated and retrofitted for high-end retail or creative office space to achieve maximum cash flow. With direct frontage on NW 24th and NW 25th Streets, 45 Winwood offers immediate walkability to what Vogue Magazine has dubbed one of the "Coolest Neighborhoods in the World."
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45 Winwood
2.14 Acres
45 NW 24th Street
Miami, FL  33180
Type: Land
Posted: 4/17/2019

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 777 Broadway (the "Property"), a 50-unit luxury midrise apartment community located in Oakland, California. Situated in downtown’s historic Old Oakland neighborhood and only three blocks from BART, the property provides the rare combination of modern design, a core location and instant transit access.

Completed in May 2018, 777 Broadway was constructed to condominium-quality standards and has a condominium map in-place. The Property is a five story luxury apartment community consisting of 17 one-bedroom and 33 twobedroom units, 3,571 square feet of ground floor retail, and a 52-space parking garage. 777 Broadway is located in a thriving Oakland submarket which provides residents easy access to the San Francisco Bay Area’s economic and lifestyle offerings that make it one the world’s premier places to work and play.

777 Broadway is offered in conjunction with the 33-unit Idora Apartments located in Oakland’s Temescal neighborhood. These two properties are available individually or as a portfolio, providing immediate scale.

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777 Broadway
50 Units
777 Broadway
Oakland, CA
Posted: 1/10/2019