Atlanta

The project, dubbed SouthLawn, will add more than 600 residences, more than 15,000 square feet of retail space and a town green near the historic downtown.

The nearest significant retail corridor is five miles away, resulting in a retail occupancy rate of 98% in the corridor.

MARTA drives $1.4 billion in annual economic activity and supports nearly 25,000 jobs, according to the Cushman & Wakefield report.

Amenities include a car care center, fitness center, pet walk and care stations, a playground, sports court and swimming pool.

Moore, who joins the firm from ARA, will execute multihousing investment advisory transactions in the southeastern US.

As previously reported by GlobeSt.com, New York-based PCCP acquired Cumberland Center II for $68.3 million in May 2018.

“The Pointe at Preston Ridge fits our current strategy of investing in existing multifamily communities that can benefit from A|P's property management expertise and value add/renovation program,” says Mark Briggs, chief operating officer at Atlantic | Pacific Real Estate Group.

At CBRE, new EVP Doug Main (pictured left) will lead the national practice of waste management, environmental, mines, alternative energy, and complex matters for VAS.