 |
| Mark Briggs |
ATLANTA, GA, May 4, 2015 – Miami, Fla.-based Atlantic |
Pacific Companies (A|P) is pleased to announce the acquisition of two
multifamily communities in Atlanta, Georgia.
The recently closed deals expand
A|P’s regional reach to 12 multifamily communities within three years of
opening its Atlanta office.
The investments increase A|P’s holdings in the Atlanta area
to almost 3,000 units. A|P currently holds ten other communities in Georgia
including four in Atlanta, one in Kennesaw, two in McDonough, one in Norcross,
one in Dallas, and one in Duluth.
The two new multifamily acquisitions include:
Legacy Century Center,located
at 100 Windmont Drive NE.
Carriage Place is
located at 645 Dekalb Industrial Way in Decatur, Georgia.
A|P plans to make select capital improvements within the
portfolio including interior upgrades and common area improvements. Atlantic | Pacific Management (A|P
Management), the property leasing & management platform under A|P, will
handle all property management responsibilities for all properties.
Mark Briggs,
Senior Managing Director at A|P Management remarked “We’re extremely excited to
take on these in-town Atlanta properties and expand our reach in Georgia.
"A|P continues its strategic growth with a
dozen multifamily communities now acquired in Atlanta within the past three
years.”
For more information about A|P and its array of real estate
services including development, property management, affordable housing, and
construction, visit www.apmanagement.net or call
(800) 918 – 1145.
For a complete copy
of the company’s news release, please contact:
Jessica Wade Pfeffer | Jessica Wade Inc.
| 305.804.8424
Margie Sernik |
Jessica Wade Inc.
| 786.200.2516
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