Thursday, April 7, 2016

Waterton Acquires 322-Unit Savannah Midtown in Atlanta, GA

Max Peek
 ATLANTA, GA  – Waterton, a U.S. real estate investor and operator, announced the acquisition of Savannah Midtown, a 322-unit mid-rise rental community in Atlanta’s Midtown neighborhood.

Located on North Avenue, a major east-west thoroughfare, the four-building property comprises a mix of one- and two-bedroom rental homes. Ponce City Market, Fox Theatre and Piedmont Park are all a mile or less from the community, offering residents a highly walkable, urban lifestyle.

 In addition, Savannah Midtown is minutes from major employers in and around the neighborhood, including Georgia Tech, Emory University Hospital and several Fortune 500 companies.

“Midtown consistently ranks as one of Atlanta’s top neighborhoods for renters due to its walkability and robust job market, fueled in part by the city’s rapidly growing tech sector,” said Max Peek, executive vice president of acquisitions at Waterton.

“Companies that don’t already have a presence here are opening research and development labs at Tech Square – a five-minute walk from Savannah Midtown – where they can more easily recruit talent coming out of Georgia Tech. As more businesses move to the neighborhood, demand for rental housing will only continue to increase.”

For a complete copy of the company’s news release, please contact:

Abe Tekippe,, (312) 267-4528

Kim Manning,, (312) 267-4527

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