Wednesday, January 22, 2014

Atlantic | Pacific Companies Acquires Two New Properties in Atlanta, GA with the Addition of Clifton Apartments and Townview Station


Townview Station Apartments, Deering Road, Midtown Atlanta submarket

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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