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| Townview Station Apartments, Deering Road, Midtown Atlanta submarket |
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| Mark Briggs |
MIAMI, FL, Jan. 22, 2014 – Adding to its existing and
extensive Atlanta portfolio, Atlantic | Pacific Companies (A | P Companies) is
pleased to announce the acquisition of Clifton Apartments (Clifton) and Townview
Station (Townview).
Both Clifton and
Townview are situated in exclusive locations within the desirable central core
of Atlanta. These new acquisitions continue the expansion of A | P Companies’
“urban core” holdings in Atlanta.
Townview Station,
located on Deering Road in Atlanta’s Midtown submarket, is a 277 unit,
garden-style apartment community featuring one and two bedroom floor plans.
Units feature fully equipped kitchens, large walk-in closets, gas fireplaces
and private sunrooms in select units, and a private balcony or patio. Community
amenities include a clubhouse, swimming pool with large sundeck, and 24-hour
fitness center.
The community is located within walking distance to several
restaurants and nightlife destinations at Atlantic Station.
Clifton Apartments,
located near the intersection of Briarcliff Road and Clifton Road, is a 214
unit, garden-style apartment community featuring one and two bedroom floor
plans. Clifton is a gated community featuring fully equipped kitchens, walk-in
closets, sunrooms, and wood burning fireplaces. The community amenities include
an outdoor swimming pool, a fitness center, and fenced dog park. The community
is located less than a mile from Emory University and the CDC.
A | P Companies plans to make capital improvements to both
properties including enhancements to the clubhouses, fitness centers and pool
areas, as well as upgrades within the units.
Atlantic | Pacific Management, the
property leasing & management platform under A | P Companies, will handle
all property management responsibilities for both properties.
Mark Briggs, Senior Managing Director at A | P
Companies, says “A | P Companies continues to be aggressive on value-add
opportunities in Atlanta, particularly within Atlanta’s central core. Both properties have matchless locations,
conveniently located to employment, retail and restaurants.”
For more information, please visit www.apmanagement.net.
Follow Atlantic | Pacific Companies on Facebook and Twitter.
For more information, visit www.apmanagement.net or contact Randy
Weisburd at rweisburd@apmanagement.net.
For a complete copy of the company’s news release, please
contact:
Jessica Wade Pfeffer / Jessica Wade Inc.
305.804.8424
Megan Sedlacek / Jessica Wade Inc.
305.456.0483
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