Cushman & Wakefield Arranges Tuscaloosa Multifamily Sale
Cushman & Wakefield has arranged the sale of The Gates at South Bend, a 147-unit multifamily community located in Tuscaloosa, AL.
Ben Thomas and Parker Caldwell of Cushman & Wakefield represented the seller, WGO, LLC, in the transaction. The multifamily community was acquired by ARC Multifamily Group.
“The Gates at South Bend is a quality asset that has been completely redesigned through significant capital improvements. The property arrived to market at an attractive cost basis with excellent performance trends, both of which attracted out-of-state capital to the Tuscaloosa metro area,” said Thomas, Senior Associate at Cushman & Wakefield.
The Gates at South Bend was built in 1980 and underwent significant renovations between 2017 and 2022. Centrally located in southeast Tuscaloosa, the community offers virtually immediate access to Interstate 20 and residents are within minutes of the city’s key employment drivers, including Mercedez-Benz and The University of Alabama.
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.