Brookhaven LLC Purchases 299-Unit Multifamily Asset In Brookhaven From Wafra For $87M
Georgia
See Similar DealsBrookhaven LLC Purchases 299-Unit Multifamily Asset In Brookhaven From Wafra For $87M
1105 Town Boulevard
See Similar DealsSummary
The property involved in the transaction is the 299-unit 1105 Town Brookhaven Apartments, located at 1105 Town Boulevard in Brookhaven, GA. The asset was sold for $87,000,000, which equates to a price per unit of $290,970. This multifamily development was built in 2014 and is part of a larger mixed-use development that spans 50 acres, anchored by major retailers including Costco, Publix, and Marshalls.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $87,000,000
- Address: 1105 Town Boulevard
- Market: Brookhaven, GA
- Units: 299
- Price Per Unit: $290,970
- Buyer: Brookhaven LLC
- Seller: Wafra
Mesirow Financial’s real estate fund was the acquiring entity in this transaction, purchasing the property from Wafra, a global investment manager. The sale closed on October 27, 2025.
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