Cushman & Wakefield arranges sale for Arlington Properties, Inc

Cushman & Wakefield has arranged the sale of Trailside at Reedy Point, a 215-unit apartment community located in Greenville, South Carolina. Marc Robinson, Jordan McCarley and Tai Cohen of Cushman & Wakefield represented the seller, Arlington Properties, Inc in the transaction. Gamma Real Estate acquired the property.

“Embedded in one of the most vibrant and walkable areas of Downtown Greenville, Trailside at Reedy Point sits in close proximity to top employment centers, poised to capitalize on the large investments that have helped revitalize the downtown area,” Robinson said.

With exceptional visibility along S. Academy Street, coupled with thoughtfully crafted amenities, Trailside at Reedy Point has a prominent presence in Downtown Greenville’s Historic West End. The property’s Downtown Greenville location provides seamless access for residents to more than 150 various restaurants, bars and boutiques in addition to major employment centers and downtown attractions.

Cushman & Wakefield’s Sunbelt Multifamily Advisory Group ranks No. 1 in Sunbelt market share based on more than $4.8 billion in multifamily investment sales through the third quarter (Source: Real Capital Analytics). Market share reflects sales for Alabama, Arkansas, Northwest Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas.

Original Source: YeildPro.com