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Tishman Speyer Purchases 502-Unit Sandy Springs Workforce Community
Tishman Speyer has acquired Avia at North Springs, a workforce housing community in the Sandy Springs suburb of Atlanta.
Tishman Speyer purchased the 502-unit residential community, which will be renamed Randolph Perimeter, via its TS Communities platform.
“With its diverse economy, strong existing infrastructure and growing population, the entire Atlanta region is in need of meaningful additional investments to preserve quality workforce housing,” said Tishman Speyer Managing Director Ty Barnes. “Randolph Perimeter presents a rare opportunity to support a residential community catering to working-class families within an established neighborhood featuring great schools, excellent transportation and a wealth of dining, retail and entertainment options. We look forward to being a part of this vibrant community.”
Randolph Perimeter residents benefit from a private walking trail leading to the MARTA North Springs Station, providing direct mass transit access to Atlanta’s major business centers. The community is directly adjacent to the GA-400.
- ◦Sale/Acquisition

