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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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Under LOI
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 1171 Sonora Court ("1171 Sonora" or the "Property"), a 1.30-acre transit-oriented development site located within Sunnyvale, California’s priority redevelopment area known as the Lawrence Station Area Plan ("LSAP"). Situated steps from Caltrain’s Lawrence Station and between Highway 101 and Interstate 280, 1171 Sonora is a premier multifamily development site benefiting from its bullseye Silicon Valley location and direct connectivity to the world’s highest paying jobs. Currently zoned for up to 68 units/acre, the LSAP is the City’s initiative to promote the development of transit-oriented, high-density housing - 1171 Sonora is in the process of being up-zoned to 100 units/acre for a total of 130 units.

Walking distance to Apple’s Campus 3, Texas Instruments, Thermo Fisher, Intuitive Surgical’s global HQ, and other renowned employers, the Property is firmly situated in the epicenter of the most innovative region in the world and is surrounded by more than 225,000 tech jobs. Median household incomes in Sunnyvale are forecasted to grow to $156,548 by 2025 and market rents are projected to increase an additional 10% while maintaining 95% occupancy over that same time period. As a fully-amenitized community adjacent to Lawrence Station, 1171 Sonora will offer the high end, transit-oriented living experience critical to attracting the region’s most affluent renters.
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1171 Sonora Court
1.3 Acres
1171 Sonora Court
Sunnyvale, CA  94086
Type: Land
Posted: 11/2/2020

Cushman & Wakefield, as exclusive advisor, is pleased to present 1200 Marseille, a value-add multifamily opportunity on Miami Beach. The property consists of two buildings. The unit mix is excellent for the location consisting of four 1BR/1BA units and eight 2BR/2BA units with an average unit size of 973 square feet.

The immediate area surrounding the property is poised for significant investment and improvement. The Miami Beach Commission unanimously approved a master plan for the city’s North Beach neighborhood, which stretches from 63rd to 87th Street. The master plan will include a North Beach Town Center and is likely to revitalize the area with hundreds of millions of dollars of new developments and neighborhood improvements.

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1200 Marseille
12 Units
1200 Marseille
Miami Beach, FL  33141
Posted: 10/16/2020
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 186-192 Selwyn Drive ("186 Selwyn" or the "Property"), a 16-unit multifamily property in Milpitas, California. Consisting of 4 fourplexes on a single parcel, 9 units have been fully renovated in addition to significant exterior capital improvements. Renovated units feature quartz countertops, stainless steel appliances, wood-style flooring, washer/dryer, and much more. Exterior upgrades include new resident amenity spaces, redwood guard railings, automated security gate, and other key improvements. 186 Selwyn provides investors the opportunity to own a high-quality asset with a $547 renovation premium for the 7 remaining unrenovated units.

The Property’s ideal Bay Area location and convenient access to Interstates 680 and 880, as well as Highway 237, provides residents with a short commute to the major job markets of Silicon Valley and the East Bay. Surrounded by world-renowned employers such as Google, Microsoft, Apple, Oracle, Cisco, Intel, Tesla, and many others, Milpitas attracts affluent residents from throughout the region. With median home prices in Milpitas nearing $1.2MM, the cost of home ownership is 210% the anticipated asking rent of 186 Selwyn. By 2025, 71% of Milpitas’ household are expected to earn more than $150,000 annually. As home prices and incomes continue to increase, 186 Selwyn’s central location and large, high-quality units, will attract the region’s high earning renters-by-necessity.
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186-192 Selwyn Drive
16 Units
186 Selwyn Drive
Milpitas, CA  95035
Posted: 11/2/2020
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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Under Contract
2200 Midtown
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 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

Cushman & Wakefield, as exclusive marketing advisors, are pleased to offer the sale of 88 Hundred Collins (the “Property”), a 0.65 Acre development site on Collins Avenue in Surfside, FL. The site allows for condo and hotel development. The site is being sold as-is and not subject to any plan changes.

88 Hundred provides a premium location at the entrance of Surfside, adjacent to the world renowned beaches. Beach access is easily accessible directly on 88 Street. Surfside is one of the most sought after destinations in South Florida. More stringent development requirements has limited new supply compared to Sunny Isles and Bay Harbor Island. Consequently, Surfside is close to all of the action while maintaining its character as an upscale beach town with great shops, restaurants and cafes.

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8800 Collins
0.65 Acres
8800 Collins Avenue
Surfside, FL  33154
Type: Land
Posted: 10/2/2017