Rendering of Marketplace Vista, Marietta, GA
MARIETTA, GA—Cushman & Wakefield has arranged $14.9 million in construction financing on behalf of Vista Realty Partners to develop the 298-unit Marketplace Vista in Marietta, GA.
Michael Ryan, Brian Linnihan, Richard Henry and Blake Cohen secured the preferred equity investment from Nationwide as the exclusive advisor to Vista Realty Partners. Vista, founded in 2000, is an Atlanta-based real estate investment company specializing in the operation and development of rental and for‑sale multifamily housing throughout the Southeast.
The property, located at the northwest quadrant of Powers Ferry and Terrell Mill Roads, will be located within the new master planned 24-acre Marketplace Terrell Mill development. Marketplace Vista will consist of two, four-story buildings with units including top-tier features such as granite countertops and tile backsplash in the kitchen, faux-wood flooring, custom wood cabinetry, home intrusion alarms, energy efficient digital thermostats, over-sized tubs and walk-in showers.
Amenities will include a state-of-the-art fitness center, controlled and gated access, business center/technology room, multiple courtyards and two outdoor pools, one of which will be located on the top floor, flanked by an expansive sun deck with grilling areas and social gathering space. Additionally, Marketplace Terrell Mill will be anchored by a 95,000-square-foot Kroger and an additional 130,000 square feet of retail, restaurant and a climate-controlled self-storage facility. Completion is expected in the fourth quarter of 2019.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
