CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Arranges Sale for Sierra Development

6/30/2020
Cushman & Wakefield has arranged the sale of Lofts at Zebulon, a 241-unit apartment community located in Macon, Georgia.

Lofts at Zebulon

Taylor Bird, Robert Stickel and Nelson Abels of Cushman & Wakefield represented the seller, Sierra Development, in the transaction. Northland Investment Corporation acquired the property.

“Lofts at Zebulon offered an opportunity to acquire a true best-in-class asset in a secondary market,” said Bird. “As Macon’s newest upscale apartment community, Lofts at Zebulon represents the ultimate in modern residential construction with high-end finishes and resort-style amenities. As capital continues to cascade into secondary markets from investors looking for higher yield, the institutional quality of the property caught the attention of a best-in-class large national owner/operator looking to enter the Macon market."

Lofts at Zebulon, completed in 2019, is located adjacent to the premier shopping district Plantation Center. Amenities include a bark park, clubhouse, car care center, fitness center, and infinity pool.

The Macon-Warner Robins MSA is supported by major economic drivers like healthcare, education, manufacturing and aerospace with employers such as Geico, Amazon, Navicent Health, Robins Air Force Base, and Tyson.

Cushman & Wakefield’s Sunbelt Multifamily Advisory Group ranks No. 1 in Sunbelt market share based on over 300 transactions and $7.0 billion in multifamily and land investment sales in 2019 (Source: Real Capital Analytics www.rcanalytics.com). Market share reflects sales for Alabama, Arkansas, Northwest Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. For more information, visit https://multifamily.cushwake.com.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS