Alpharetta Complex is Bell Partners’ 11th Atlanta-Area Deal
Bell Partners Inc. has acquired Avery at Northwinds, an 800-unit apartment community in Alpharetta, GA. The acquisition for an undisclosed sum marks the 11th property owned or managed by Bell Partners in metro Atlanta.
The property, renamed Bell Alpharetta, was purchased on behalf of the firm’s Bell Value-Add Fund VII investors, and Bell also plans capital improvements. It’s situated on Alpharetta’s Alpha Loop, a multi-use path providing residents convenient access to downtown Alpharetta and the surrounding area.
“Bell Alpharetta is an exciting addition to the Bell Value-Add Fund VII portfolio,” said Nickolay Bochilio, EVP of investments at Bell. “The community is located in one of the most desirable areas of Atlanta with great schools, attractive lifestyle amenities, and convenient access to a growing set of employers.”
Built in 1998, the community features a mix of one-, two- and three-bedroom units with amenities including a pool, gym and community room.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).