ATLANTA—Barclay at Dunwoody, a 204-unit apartment community located in Dunwoody, GA, has traded hands. The sale price: $29.3 million.
Cushman & Wakefield's Southeast Multifamily Advisory Group arranged the sale. Mike Kemether, Josh Goldfarb and Travis Presnell represented Barclay at Dunwoody, the seller, in the transaction. FPA Multifamily acquired the property.
“The Perimeter Center submarket continues to create high-quality jobs between medical expansions, the new State Farm campus and Mercedes new headquarters,” Kemether tells GlobeSt.com. “This job engine supports strong demand for multifamily and will allow the new owner to push rents through an interior value-add program.”
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