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May 23, 2018 Comments Off on Stockbridge Snags South Florida MF for $120M Views: 2875 Florida, National News, Southeast

Stockbridge Snags South Florida MF for $120M

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The Quaye at Wellington, a 350-unit, Class AAA multifamily community in The Village of Wellington, FL, has been sold for $120 million. Stockbridge Capital Group acquired the property at 9840 Quaye Side Dr. from HG Management, LLC.

The community delivered in 2017, and sits on 30 acres of land with four on-site lakes. The Quaye boasts a 10,538 square-foot clubhouse with a 2,911 square-foot fitness center, multi-purpose sports court, golf and sports simulator, boxing ring, clubroom with four 65-inch televisions, coffee and juice bar, business center, and state-of-the-art demonstration kitchen.

The community was developed with 70% townhome units that include direct-access garages with fully-equipped electric car charging outlets.

Walker & Dunlop’s Greg Engler, Chris Conklin, and Roberto Pesant represented the seller.

Conklin says, “HG Management continues to raise the bar as it relates to delivering the highest quality product in South Florida. The Quaye represents one of the finest multifamily garden communities delivered to date.”

Read more at PR Newswire

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