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Atlanta & Southeast  + Southeast  + Apartments  |  February 23, 2020
David Cohen
By: David Cohen

CushWake Brokers $34M Sale of Charlotte MF Community

Cushman & Wakefield has arranged the $33.5 million sale of The Flats at Arrowood, a 301-unit multifamily community in Charlotte’s Montclaire South neighborhood.

Located at 8508 Lodge S. Circle, the property features floor plans ranging from 525 to 1,270 square feet. Amenities include a courtyard, fitness center, pool, sundeck, clubhouse and a business center. Originally built in 1980, the community was renovated in 2017 by the seller, Blackfin Real Estate Investors.

Marc Robinson, Watson Bryant and Brooks Colquitt of Cushman & Wakefield represented Blackfin in the transaction. The buyer was Quantum Equities.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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