Suwanee Buy Brings Northland’s Atlanta Multifamily Investment to $520M
Newton, MA-based Northland has acquired The Maven, a fully leased 276-unit, garden-style community in Suwanee, GA about 30 miles from downtown Atlanta.
Since entering GA in 2020, Northland has invested $520 million to acquire 1,300 apartments and $250 million in land for future development, including the acquisitions of of SLX Atlanta and a Midtown development site in January 2022.
The Mavan spans five residential building across 14 acres and includes over 12,700 square-feet of dedicated retail and office space. It is less than a mile from Suwanee’s town center and within walking distance to retail shops, restaurants and an arts community.
With a population of 21,000, Suwanee’s growth has been fueled by job opportunities in a mix of tech and distribution industries and employers AGCO, Asbury Automotive, Primerica, Intuitive Surgical and Phillips Electronics.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.