NASHVILLE—Aventura at Providence, a class A, garden-style multifamily property in the fast-growth Nashville suburb of Mt. Juiliet, Tenn., just traded hands. TriBridge Residential sold the multifamily asset to Centennial Holding Company for $48 million.
JLL managing directors Derrick Bloom and David Gutting, along with senior vice president Vincent Lefler, represented the seller. Aventura at Providence is a 334-unit resort-style multifamily property located in the Providence Marketplace master-planned community.
“The resident base in Mt. Juliet has grown more than 130 percent since 2000,” says Lefler. “Occupancy rates are high and with the recent addition of Amazon's new fulfillment center, which is bringing 900 new jobs to the area, this positive trajectory will only continue.”
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