A Rockville, Maryland developer has bought a class-A multifamily garden community in Port. St. Lucie, Florida. Lerner Enterprises, a private real estate developer, bought Lerner Parc at Gatlin Commons, which comprises 200 apartments and 5,935 square feet of amenity space.
The property, located at 1900 SW Aledo Lane, spans a total of 201,000 residential square feet over 14 acres and was completed in September 2020.
The property includes a resort-style swimming pool, outdoor kitchens, and a fitness center housed inside the clubhouse. Lerner will be the property and asset manager for the apartment complex.
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Melea VanOstrand
Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
