ATLANTA—Aspire Dunwoody, a multifamily development in Central Perimeter, has traded hands. Per the CBRE 2017 Investor Intentions Survey, Atlanta is among the top five target markets investors are focusing on in 2017.
Financial terms of the deal were not disclosed, but Dunwoody is a hot multifamily market. Another asset there traded for $72 million just months ago. Nearby Sandy Springs is also turning investors' heads.
CBRE's Kevin Geiger led the transaction, along with his partners Malcolm McComb, Paul Berry and Shea Campbell of the firm's Southeast Multifamily Group. The CBRE group represented the seller, Lincoln Property Company.
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