GREA Announces $40M Sale of The Pines at West Cobb
GREA, a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $39,850,000 sale of The Pines at West Cobb apartments.
GREA represented the seller in the transaction, Fillmore Capital Partners, who sold the asset to Lexington Partners. Taylor Brown, Chandler Brown, Cory Caroline Sams and Barden Brown of GREA managed the sale.
Located at 2751 Hammondton Road, The Pines at West Cobb is a 1969-built garden-style multifamily asset featuring 257 units with one-, two- and three-bedroom garden-style and townhome floor plans. The property is located in Marietta, which has seen noteworthy improvement with the recent construction of Osborne High School and the Windy Hill Boulevard project nearing completion.
“GREA was proud to represent the sellers of The Pines at West Cobb. With townhome designs and spacious floor plans, the property is expected to perform exceptionally well,” said Taylor Brown, managing director of GREA in Atlanta.