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Birmingham Apartment Community Trades for $33M

Cushman & Wakefield has arranged the $32.7 million sale of The Park at Wakefield & Wellington, a 408-unit apartment community in Birmingham, AL.

Built in 1973, the community is located in Birmingham’s Hoover suburb. The Park at Wakefield & Wellington features 46% townhome floor plans with private entrances. A $9.5 million grocery-anchored retail project across the street is slated to deliver in 2021.

Jimmy Adams and Craig Hey of Cushman & Wakefield represented the undisclosed seller in the transaction. Audubon, an Atlanta-based firm specializing in the acquisition and management of multifamily properties throughout the Southeastern United States, acquired the property.


Inside The Story

CushWake’s Adams Audubon

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.