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| Daniel Latshaw |
ATLANTA, GA (Aug. 26, 2013) – Daniel Latshaw and John
DeYonker of Bull Realty represented the seller in the $7.8 million sale of
a 1.44-acre parcel located at 930 Spring Street in the Midtown submarket of
Atlanta. Centergy North, LLC, was the seller in the transaction, and UH Spring
Street, LLC, was the buyer.
Inland American Communities Group, Inc., and Ambling
University Development Group will partner to build the 706-bed University
House, a mixed-use student housing development, on the site.
The 20-story building will feature 268 units, offering
studio, one-, two-, three- and four-bedroom floor plans. Amenities will include
a resort-style pool on an elevated terrace, secured parking garage, city-view
sky lounge on the top floor, and business and fitness centers.
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| John DeYonker |
“This is a fantastic site that’s a short walk to the Georgia
Tech campus as well as shops, restaurants and nightlife,” said Latshaw, a
Bull Realty partner. “With growth in enrollment at Georgia Tech, the university
will benefit from additional quality student housing.”
This transaction marks the fourth sale of an intown Atlanta
land parcel that the Bull Realty duo has brokered in the last 12 months.
University House is scheduled to open in the fall of 2015.
For a complete copy of the company’s news release, please
contact:
Savannah Duncan
The Wilbert Group
O: 404.343.0870
C: 404.901.4433
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