Trussville was purchased by a private investor in Newport Beach, California and sold by NC/Trussville L.L.C.
Trussville was purchased by a private investor in Newport Beach, California and sold by NC/Trussville L.L.C.
Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.
Vetter, who began his career with Marcus & Millichap in 2003 as a specialist in multi-family investment sales, most recently held the position of associate vice president investments.
The joint venture gives Lee its first presence in the Southeast while providing Bryant with a national reach.
Rosemont, Ill.-based ACG Equities has made a 100 percent equity purchase of Atlanta’s Vinings Main mixed-use commercial and residential condominium development, which fell into foreclosure last December.
Located at 2901 Collins Avenue, the Seville is a 12-story building that originally opened its doors in 1955. The sellers had acquired the hotel in 2005 for $25 million and joined forces with the Ritz-Carlton Hotel Company L.L.C. in a plan to convert the property into a three-building Ritz-Carlton Club & Residences with fractional- and whole-ownership units. The project never reached fruition. Now a different set of plans is in store.
Comcast will occupy floors one, two, three and five at Deerwood, which totals out to 80 percent of the building’s space.
The 420-unit, Class A multi-housing community was completed in 1999 and features one-, two- and three-bedroom units.