Wednesday, August 3, 2011

HFF named to market for sale Atlanta’s first LEED-Certified Gold (pending) multi-housing community



ATLANTA, GA – HFF announced today that it has been named to market for sale Enso (top left photo), a 325-unit, LEED-Certified Gold (pending), luxury multi-housing community in Atlanta, Georgia.  Enso will be the first LEED multifamily offering in the southeast.

HFF will market the property on behalf of the seller, a joint venture of Capital 33 and institutional clients advised by J.P. Morgan Asset Management.

Enso is located at 880 Glenwood Avenue directly on the Atlanta Beltline corridor in the ULI award-winning Glenwood Park neighborhood.  Completed in 2011, the property is the first and only LEED-Certified Gold (pending) community in Atlanta.  The property is undergoing lease-up and is currently 88 percent leased, with 80 leases signed in the past six weeks.    

The HFF team representing the seller includes senior managing director Jason Nettles (middle right photo)and director Megan Thompson (lower left photo).

“Not only is Enso attracting well-educated, environmentally conscious residents seeking a sustainable lifestyle, it is also attracting investors with its cost saving potential due to LEED conservation measures,” said Nettles.  “In addition, it is already breaking records with an average of 28.3 leases signed per month, and is expected to break sale pricing records as well.”

Contacts:   
Jason Nettles, HFF Senior Managing Director, (404) 832-8460, jnettles@hfflp.com                                                                                                   
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500,  
                                             

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