Waterton Associates purchases Two Blocks Apartments in Atlanta, GA.

Two Blocks Apartments, Atlanta, GA

CHICAGO, Nov. 29, 2012 /PRNewswire/ -- Waterton Associates is pleased to announce the recent acquisition of Two Blocks Apartments, a 400-unit community located in Atlanta, GA.  Two Blocks is the seventh asset purchased by Waterton this year.

Constructed in 2008 by Pollock Shores Real Estate Group, the development features 5 mid-rise buildings, 2 mid-rise parking decks, and includes 400 apartments consisting of one and two bedroom garden and loft style units. 

The property, located in the Chamblee Dunwoody area of Atlanta, offers close proximity to I-285, GA 400, I75 and I85.

Max Peek

"Waterton is pleased with the acquisition of Two Blocks Apartments and we are excited to add another community to our growing Atlanta portfolio," states Max Peek, Senior VP of Acquisitions, Waterton Associates.  "The community is a well-located, well-built asset that offers tremendous value to our customers."

Waterton closed the Two Block Apartments transaction Oct. 26, 2012.

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

Virginia Love,

+1-404-937-2061,

vlove@wallc.com

www.watertonassociates.com