Weinstein Properties Acquires Multifamily Property In Atlanta's Summerhill Submarket From Trammell Crow Residential & PGIM Real Estate For $94M

A new 315-unit apartment community in Atlanta's Summerhill submarket, known as Alexan Summerhill, has been sold for a total of $94,000,000. The property, located at 720 Hank Aaron Drive Southwest, was acquired by Weinstein Properties.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $94,000,000
• Address: 720 Hank Aaron Drive Southwest, Atlanta, GA
• Market: Atlanta, GA
• Buyer: Marcus Weinstein - Weinstein Properties
• Seller: Ken Valach - Trammell Crow Residential & Eric Adler - PGIM Real Estate
• Brokers: Alex Brown, Ashlyn Warren, Michael Kay, Robert Stickel & Sim Patrick - Cushman & Wakefield

Cushman & Wakefield facilitated the sale of Alexan Summerhill to Weinstein Properties. This transaction signifies a notable acquisition in Atlanta's real estate market, demonstrating the continued growth and attractiveness of the Summerhill submarket.