COBB COUNTY, GA—Atlanta-based real estate investment firm Branch Properties, recently revealed the sale of Elevate West Village, a 313-unit, class-A luxury apartment community located in Cobb County, GA. The $96.5 million sale represents one of the largest in the county to date, and the firm's growing footprint in the multifamily space across the Southeast.

"Our top priority when pursuing multifamily investment opportunities is to identify rapidly growing, economically prosperous markets where apartment developments will resonate with future residents and surrounding communities," says Branch senior vice president Jack Haylett, in a prepared release. "Elevate West Village offers Cobb County, arguably one of the fastest growing areas of the metro region, with an upscale, one-of-a-kind multifamily community, and we are confident in the long-term value the project will provide to the buyer."

Elevate is the multifamily component of a larger, master-planned community, West Village, which includes a collection of leading retailers and restaurants. Branch has been developing the corridor between I-285 and Cumberland Road for the last 15 years and is currently developing the fourth and final phase of the West Village project, a state-of-the-art medical office building for Northside Hospital.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.