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Berkadia has announced the sale of The Quarry, a 415-unit garden-style multifamily property in Lithonia, GA

Berkadia Arranges 415-Unit Multifamily Sale in Lithonia, GA

Berkadia has announced the sale of The Quarry, a 415-unit garden-style multifamily property in Lithonia, GA. Senior Director Matt White, Senior Managing Directors Paul Vetter and Andrew Mays, Senior Director Judy MacManus, and Associate Director Ian Shaw of Berkadia Atlanta completed the sale on behalf of the seller, California-based JJM Investments, LLC. The buyer was North Carolina-based Four Oaks Capital, LLC.

“This was a great transaction for both the buyer and seller and a big win for all involved,” said White. “We take great pride in announcing that this closing represents the largest workforce housing transaction in South Atlanta in over two years.”

The Quarry features a unit mix of two- and three-bedroom floorplans plus townhome layouts in 18.6 percent of units. Amenities include pool, fitness center, business center, and gated entry. Built in 1970, the property has had more than $5.7 million in capital investments since 2015.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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