Atlanta

Serota Properties has acquired the 100%-leased, 465,993-SF, Conyers Crossroads in Conyers, GA from a joint-venture partnership.

The class A properties total nearly 1.8 million square feet across the Dallas, Fort Worth and Atlanta markets.

The acquisition of the 164-unit community represents the firm's third investment in Gwinnett County.

The investment generated a 15x multiple return for investors after a 10-year hold.

The firm sold its recently-completed, 288-unit community for a record per-unit price in the area.

Each of the Southeast communities have sold following strategic value-add repositioning campaigns completed by the firm.

Rapidly growing tech talent pipelines in Dallas, Atlanta metros are boosting record CRE investments.

The three-property portfolio was purchased by Peachtree Hotel Group from Widewaters Hotels.