May 30, 2013

Retreat at Vintage Park Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture development of a new class A 323 unit multi-family project in Houston, TX that will be known as Retreat at Vintage Park (the “Property”). The partnership acquired 13.86 acres of land that is located within the 630 acre master planned mixed use community known as The Vintage located in northwest Houston.

The property is surrounded by a critical mass of national retailers that provide an existing and easily accessible amenity. Nationally recognized retailers include HEB, Home Depot, Target, The Vintage Park Lifestyle Center, and a new Whole Foods Grocery store that will be just east of the property. Additionally, the site is just three-quarters of a mile east of a 497,000 square foot building selected by Noble Energy to relocate and consolidate their Houston operations plus they recently announced that they will build a 500,000 square foot office building to accommodate their expansion needs.

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.