News

December 4, 2015
Solis Parkview Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture development of Solis Parkview (the “Project” or the “Property”) in Chamblee, DeKalb County, GA in the Atlanta MSA. The project closed on December 4, 2015 and is a to be built 303-unit, class A, four-building, multi-family apartment community consisting of three and four-story buildings (including non-owned ground floor retail space) wrapped around a shared 3.5-story precast parking structure. Atlantic Creek has partnered with a well-known proven developer/operator that has extensive experience in major markets across the southeastern United States. The investment plan is to take advantage of the property’s excellent location, and the market’s strong occupancy and leasing activity driven by Atlanta’s growth.

The property is located approximately 3.5 miles northeast of Buckhead and 2.5 miles southeast of Perimeter Center, two of the largest office and retail centers in the Atlanta MSA. The Project’s site is located across the street from a recently approved Whole Foods Market-anchored retail shopping center development, immediately adjacent to a 45-acre regional park, and is also a Transit Oriented Development, located approximately 10 minutes walking distance from the Chamblee Gold Line MARTA station.

Atlantic Creek, with offices in New York, NY, Palm Beach, FL, and Los Angeles, CA, targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate primarily located on the East and West Coasts of the U.S., Texas and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.