Passco Companies Acquires Newly-Constructed, Leed Gold-Certified Class AA Multifamily Community in Greater Atlanta, GA for $38.8 Million

Twenty25 Barrett, 2025 Barrett Lakes Boulevard, Kennesaw, GA

KENNESAW, GA  – Passco Companies, LLC has acquired the recently completed 238-unit Class AA multifamily community Twenty25 Barrett for $38.8 million.

Gary Goodman

 The LEED Gold certified community, which was completed in February 2014, is located just outside Atlanta in the City of Kennesaw, Georgia, at 2025 Barrett Lakes Boulevard within business-centric Cobb County, according to Gary Goodman, Senior Vice President Acquisitions of Passco Companies.

 “Twenty25 Barrett is an institutional level multifamily asset, located in the rapidly growing economic hub of Cobb County,” explained Goodman.

“The asset’s location is directly aligned with Passco’s ‘Next 10’ acquisition strategy, through which we acquire properties in markets that are poised for growth and expansion over the next ten years.”

He continues, “Twenty25 Barrett’s prime location in this booming business-centric market will fuel progressive rent growth and demand for quality housing for years to come, making this a strategic acquisition for our investors.”

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

Corynne Randel / Jenn Quader

Brower, Miller & Cole

(949) 955-7940

CRandel@browermillercole.com