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Atlanta & Southeast  + Southeast  + Apartments  |  September 1, 2020
David Cohen
By: David Cohen

CushWake Brokers $43M Sale of Huntsville MF Property

Cushman & Wakefield has arranged the $43 million sale of Capital Park at 72 West, a 233-unit apartment community in Huntsville. Jimmy Adams and Craig Hey of Cushman & Wakefield represented the seller, Coastal Ridge Real Estate, in the transaction. The buyer was Timberland Partners.

Built in 2015, the property is nearby Huntsville’s Cummings Research Park. Amenities include a saltwater pool, dog park, 2,000-square-foot sports club, grilling stations, outdoor fireplace and car care center.

“Huntsville continues to draw national interest, given its very compelling rent and job growth story,” said Adams. “This is a high-quality asset and new entrant to the market.”

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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