Avalon Brokers Sale of 600+ Industrial Acres in the City of Commerce
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COMMERCE/ATLANTA - September, 2019: Avalon Real Estate Partners represented the sellers in the recent acquisition by Rooker of 600 acres in the northeast Georgia city of Commerce. Rooker will construct the Bana 85 Commerce Center on the property, a planned 6 million-square-foot business and logistics park.
CHI Acquires 94 Acres from Walton International - plans to build West Fulton Commerce Park
FULTON COUNTY/ATLANTA - September, 2019: Avalon Real Estate Partners represented the landowner, Walton International, in the recent sale of 94 acres off Fulton Industrial Boulevard in the City of South Fulton and Fulton County. CHI, a Dallas based industrial developer, plans to develop West Fulton Commerce Park, that will include three buildings totaling 822,000 square feet.
Residential Land in Dutchtown High School sells to The Pacific Group
HENRY COUNTY/ATLANTA - September, 2019: Avalon Real Estate Partners represented the landowner in this recent sale of 166 acres in the Dutchtown High School district of Henry County. Acquired by The Pacific Group, who rezoned the property for 390 new homes with plans to develop and sell lots to a home builder, this property will bring much needed new home inventory to a sought-after south side submarket.
Avalon Brokers Transaction of 8.8 Acre Mixed Use Development off Powers Ferry Road
COBB COUNTY - July, 2019: Charleston, South Carolina based Greystar Real Estate Partners recently closed on 8.8 acres just south of Windy Hill Road and Windy Ridge Parkway, not far from the Wildwood Office Park and SunTrust Park. Avalon represented the seller in the transaction, who rezoned the property to allow for 280 multi-family and 171 senior units, in addition to new retail space. The development will be replacing multiple properties, most of which are vacant, along Powers Ferry Road at Windy Ridge Parkway.
Avalon Sells 2.5 Acres of Multifamily Land in Kirkwood
CITY OF ATLANTA - June, 2019: Avalon Real Estate Brokers recently brokered the sale of 2.5 acres of prime real estate off Arizona Avenue in the sought after Kirkwood neighborhood of Atlanta. Avalon brokered the sale to a partnership between The Ardent Companies and Thrive Homes, who had secured the site from the previous landowner and taken it through rezoning. The property, which is within walking distance to the future Pullman Yards redevelopment, will bring unique housing options to this sought after infill location.
Avalon Real Estate Partners recently brokered the sale of 167 acres of entitled land in Senoia, Georgia.
SENOIA/ATLANTA - May, 2019 : Avalon Real Estate Partners recently brokered the sale of 167 acres of entitled land in Senoia, Georgia, in Coweta County. This opportunity, known as East Village, was annexed into the city and rezoned, allowing up to 260 single family lots. Avalon was retained by the land owner to market the property for sale. The property was sold to a land developer in a quick close, who plans to ultimately develop the property and sell lots to a homebuilder.
Avalon Brokers the Sale of 12+ Acres of Multifamily Land in Lawrenceville
LAWRENCEVILLE/ATLANTA - November, 2018 : Avalon Real Estate Partners recently brokered the sale of 12.5 acres of multifamily land in the Lawrenceville submarket of Atlanta, Georgia. Avalon brokered the sale to a partnership between TPA Group and South City Partners who acquired the site from a private landowner. The buyer and seller jointly took the property through rezoning, successfully achieving an RM-24 zoning category that allows for the construction of 247 Class A apartments.
Multifamily Land in Gainesville, Georgia Sells to Mesa Capital Partners
GAINESVILLE/ATLANTA - September, 2018 : Avalon Real Estate Partners recently brokered the sale of 19.8 acres in Gainesville, Hall County, Georgia to Mesa Capital Partners. Mesa plans to construct 'The Mill at New Holland', a multifamily project including 284 Class apartments. Avalon was retained by Pacolet Milliken Enterprises, Inc. to market the property for sale.
Bayard Subdivision in Johns Creek Sells to Ashton Woods
FULTON COUNTY/JOHNS CREEK - May, 2018 : Avalon Real Estate Partners successfully brokered the sale of 61 vacant lots and 3 finished houses in the "Bayard" subdivision located along the Chattahoochee River in Johns Creek, GA. Ashton Woods was the buyer who plans to build houses in the million dollar price range. Avalon was retained by Lennar Ga Inc. to market the property for sale.
First Phase of Riverview Landing Closes, Development to Begin on 18 Acres
Construction now underway on luxury apartment residences, one of the first components of the 82-acre mixed-use destination known as Riverview Landing
SMYRNA/ATLANTA - February, 2018 : The Ardent Company's vision for the 82-acre mixed use development known as Riverview Landing includes a walkable community home to over 600 new residents, ample greenspace and outdoor amenities, as well as neighborhood serving commercial, all uniquely located along the banks of the Chattahoochee River in Smyrna - a feature no other new community can provide. This vision became one step closer to being realized with the February acquisition of 18 acres by the Prestwick Companies, who have already begun construction on 310 Class A luxury apartments in their new community "The Eddy at Riverview Landing". Slated to open Spring of 2019, The Eddy will also feature a coffee shop, restaurant, and coworking office space, in addition to unique outdoor amenities like a kayak launch, public dock, and community theater. And a new 12 acre park running alongside the river will be dedicated to the City of Smyrna at completion. READ MORE →
In addition to The Eddy, Riverview Landing is also planned and approved for 298 for-sale homes, a large portion of which are also located on the banks of the Chattahoochee River. Avalon Real Estate Partners, the firm handling the marketing of the for-sale component, reports that the planned mix of townhomes and single family on the site, in addition to the lifestyle provided by the waterfront amenities and commercial space, have been a draw to homebuilders and developers targeting the millennial buyer.
Anchored by the Chattahoochee River, something no other new development can offer, and conveniently located within a short drive of major destinations such as The Battery Atlanta, Atlantic Station, Mercedes Benz Stadium and Vinings, Riverview Landing offers a truly one-of- a-kind living and outdoor experience to residents and visitors alike.own and manage significant assets within the community, which is located 30 miles north of Alpharetta, in Pickens and Dawson Counties.
Big Canoe's 1,400 Acre Potts Mountain Property Placed in a Permanent Conservation Easement
PICKENS COUNTY/ATLANTA - January, 2018 : Avalon Real Estate Partners announced the successful brokering of the sale of the Big Canoe Company, LLC's Potts Mountain parcel to an entity led by Five Rivers Conservation Group. The Potts Mountain parcel consists of approximately 1,400 acres of rolling mountain property at the foot of the Blue Ridge Mountains. Once planned as a future phase, Potts Mountain is across from the main gate of Big Canoe, North Georgia's 8,000 acre private mountain master planned community. Following the acquisition, the property was placed into a permanent conservation easement. Big Canoe Company will continue to own and manage significant assets within the community, which is located 30 miles north of Alpharetta, in Pickens and Dawson Counties.
Avalon Real Estate Partners Brokers the Sale of 335 Acres at the Master Planned Community, 'Independence'
The Gwinnett County parcel is zoned for more than 760 residential lots
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GRAYSON/ATLANTA - October, 2017 : The 335 acre residential portion of the master planned community known as Independence, in Grayson, Gwinnett County, Georgia recently closed, kicking off a major phase of the development. The transaction, which was brokered by Avalon Real Estate Partners, was concluded between developer Stolz Partners and Forestar (USA) Real Estate Group, Inc. D.R. Horton will be the homebuilder for the approximately 760 residential lots and construction is scheduled to start immediately. READ MORE →
The 430-acre mixed-use community is a development of Stolz Partners and is located at the intersection of Ozora Road and Highway 20 in Gwinnett County, adjacent to Bay Creek Park. When complete the development will extend along both sides of Highway 20. The residential portion of the community adjoins Bay Creek Park, while the retail and commercial part of the property will abut Grayson High School. In addition to the homesites and commercial component, Independence is planned for over two miles of walking trails that connect residents to Bay Creek Park, Grayson High School and all existing and future retail developments along Hwy 20 Avalon Real Estate Partners is now focusing its marketing efforts on the remaining 90 acres of commercially zoned land at Independence, which allows for over 450,000 square feet of retail, restaurant and office type uses. The commercial sites are strategically positioned along Highway 20 and benefit from three active traffic signals already in place providing access to the community.
"There have not been many true master planned communities developed in the Atlanta market in the last 10 to 15 years" said Brent Story, of Avalon Real Estate Partners. "The purchase of the homesites to be developed by D.R. Horton shows the strength of the Grayson market, and the potential ongoing growth for the submarket. This portion of Gwinnett county has excellent demographics and great public schools. We are excited about all of the commercial interest we are receiving, and expect that interest to expand now that D.R. Horton has been named the homebuilder," added Story.
42-acre industrial site in Union City sells to Crow Holdings Industrial
UNION CITY/ATLANTA - May, 2017 : Avalon Real Estate Partners announced the successful brokering of a 42-acre industrial site in Union City to Crow Holdings Industrial (CHI). Dallas based Crow Holdings is expanding its industrial presence in and around Metro Atlanta. Plans for the site, located roughly 8 miles from the Atlanta airport, include a 300,000 square foot building expected to deliver Spring 2018.