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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 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
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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Avalon on Montreal
Offers Due:  Thursday, January 21, 2021
168 Units
1086 Montreal Road
Clarkston, GA  30021
Type: Conventional
Posted: 12/14/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Blue Ridge Development Site located 90 miles north of Atlanta in Fannin County, Georgia. This extraordinary land, embedded in the North Georgia mountains, is strategically situated near the intersection of US-76/Appalachian Highway (26,900 VPD) and Blue Ridge Drive (15,900 VPD), 1 mile north of downtown Blue Ridge, and less than 2.5 miles west of Lake Blue Ridge. This rare asset offers potential for a high-density development opportunity in an irreplaceable location recently ranked among "the South's Best Mountain Towns" by Southern Living Magazine.
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Blue Ridge Development Site
Offers Due:  Thursday, January 28, 2021
33.1 Acres
9849-10017 Blue Ridge Drive
Blue Ridge, GA  30513
Type: Land
Posted: 9/14/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 84-unit Park South duplex community located in Augusta, Richmond County, Georgia. This asset is situated in south Augusta, close to major retail and restaurant corridors as well as immediate access, via I-520, to over 50K Downtown employment opportunities and 25K Fort Gordon jobs. Built in 1950, Park South has received over $1.35M in capex injected into the property including roof repair/replacement, landscaping, leasing office remodel and interior upgrades. The asset provides an outstanding opportunity to invest in a proven value-add asset, as the property is currently achieving rent premiums of $125 on renovated units.
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Park South
84 Units
2907 Jackson Street
Augusta, GA  30906
Type: Conventional
Posted: 5/6/2020
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 35-unit/315-bed Pembrooke Townhomes co-living community located in south metropolitan Atlanta, Clayton County, Georgia. Each expansive (2,880 SF) unit at Pembrooke is well-designed and offers nine beds with a shared kitchen, living, and laundry area. Thirty-one units offer nine private baths, and four units feature four shared baths. The bedrooms are rented by the day or week without traditional leases, and average 75 check-in/check-outs per month with consistently full occupancy. Indeed, the concept of co-living is gaining momentum in regions across the U.S. and rent payments have been higher with co-living assets than apartments amid the Covid-19 Pandemic, according to research reported in Globe Street. Built in 1998, this innovative property offers an outstanding opportunity to invest in a strong-performing asset in the thriving Atlanta aerotropolis submarket.
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Pembrooke Townhomes
35 Units | 315 Beds
5790 Highway 85
Riverdale, GA  30274
Posted: 11/23/2020