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Atlanta & Southeast  + Southeast  + Apartments  |  June 1, 2021
David Cohen
By: David Cohen

CushWake Brokers Sale of 237-Unit Charleston Apartment Property

Cushman & Wakefield has arranged the sale of Caroline, a 237-unit apartment community located in Charleston. The sales price was not disclosed.

Built in 2018, Caroline is strategically situated within the new 50-acre urban, waterfront WestEdge District in Charleston. Amenities include a club room with monthly resident socials, community bicycles and bicycle storage, community paddle boards and kayaks, a fitness club with cardio and cross training, a luxury clubroom with catering kitchen, a pet spa, a saltwater pool, a yoga room and street level retail and restaurants.

Robert Stickel, Marc Robinson, Tai Cohen and Alex Brown of Cushman & Wakefield represented the sellers, South City Partners, ELV Associates Inc. and Gateway Development, in the transaction. The buyer was Fairfield, an owner, developer and property manager.

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Inside The Story

CushWake’s Stickel Fairfield

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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