 |
| John Speros |
Wood
Partners, one of the nation’s largest multifamily developers, plans to develop Alta
Sugarloaf, a 330 unit multifamily complex.
The Ackerman/Pioneer
Land Advisory Group’s John Speros, JT Speros, Will Golf and Kyle Gable
represented Herrington Commons LLC, the owner of one parcel containing 25 acres
and packaged the three properties and resold them to Wood Partners.
 |
| J.T. Speros Jr. |
A number of
people are electing to rent versus own and there is a shortage of affordable
single-family houses. Wood Partners builds a high-quality product and Alta
Sugarloaf will serve that demand.”
“Only 15
acres of the property will actually be developed as 20 acres has been set aside
in a conservation easement and will provide significant open space within the
project.”
The property offers 750
feet of frontage on Herrington Road, excellent access to Atlanta’s major job
centers via nearby Interstate 85, and proximity to the many retail options
along Highway 316 and Sugarloaf Parkway.
 |
| Kyle Gable |
Headquartered in
Atlanta, Ackerman & Co. is a privately held, full-service commercial real
estate firm focused on providing quality investment, brokerage, management and
development services in the Southeast.
The company,
founded in 1967, retains an expert team of more than 100 real estate
professionals.
To date,
Ackerman & Co. has developed and acquired 35 million square feet of office,
medical, industrial, retail and mixed-use space, has 8 million square feet
under management, and maintains an investment portfolio valued at $1 billion.
CONTACT:
Steve Webb
swebb@ACKERMANCO.NET
Steve Webb (swebb@ACKERMANCO.NET)
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