December 20, 2018
Radius on Grove (formerly known as “Grove Lofts”) Sold
Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of Radius on Grove (“Grove”) on December 20, 2018. An affiliate of Atlantic Creek and its joint venture partner (the “JV”) developed the new 156-unit class A multi-family project.
The property is located in Austin, Travis County, TX. Grove is located within the gentrifying East Riverside Corridor neighborhood and benefits from its close proximity to downtown Austin. Located at the intersection of Grove and Montropolis Boulevards, the property is situated between downtown Austin and Austin–Bergstrom International Airport.
Atlantic Creek has offices in New York, NY and Palm Beach, FL and 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.