August 16, 2016
OliverMcMillan sold its 370-unit Residence Buckhead Atlanta to Simpson Housing LLLP for $136.5 million. The two-year-old asset is situated in the Buckhead Atlanta mixed-use development, at 297 E. Paces Ferry Rd. N.E. Jason Nettles, Trey Morsbach and Megan Thompson with HFF represented the seller.
Residence Buckhead Atlanta consists of two 20-story towers, with amenities including a resort-style pool, fitness center, theater, study, conference room, demonstration kitchen and concierge service. The 300,000-square-foot Buckhead Atlanta, an OliverMcMillan development, consists of an open-air retail center and restaurants, as well as 100,000 square feet of boutique office space.
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