ATLANTA, GA - Cushman & Wakefield has arranged the sale of Arcadia’s Edge, a 204-unit apartment community located in Columbia, South Carolina. Jordan McCarley, Tai Cohen and Marc Robinson of Cushman & Wakefield represented the seller, Estates & Companies, in the transaction. West Shore Arcadia LLC acquired the property.
“As an award-winning and green-certified community in Columbia, Arcadia's Edge offered a Class A asset with market leading finishes in an ideally located northeast submarket surrounded by employment and retail, primed for organic growth,” McCarley said.
As one of only two properties in a three-mile radius delivered later than 2010, Arcadia’s Edge was a 2012 recipient of the Multi-Housing News “Silver” award for new developments and was also South Carolina’s first community to be “Green-Certified” by the National Association of Home Builders (NAHB). Amenities include a community garden, fitness center with spin bikes, a stocked pond and salt-water swimming pool.
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. For more information, visit multifamily.cushwake.com
About Cushman & Wakefield: Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com