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Luxury Multifamily Trades in Low-Supply Perimeter Market

ATLANTA-Prudential snapped up yet another class A multifamily asset in a top tier market.

By Jennifer LeClaire | Updated on May 14, 2012

ATLANTA—Atlanta’s multifamily market continues to gain momentum with the sale of Axis at Perimeter. Developed by Lane Companies, Prudential snapped up the luxury multifamily asset for an undisclosed amount.

Jones Lang LaSalle managing directors Derrick Bloom and David Gutting, along with associate Elliot Howell, led team on the transaction. Axis at Perimeter is a 312-unit, class AA multifamily community in the heart of Perimeter Center.

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