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CBRE Brokers Sale of 461-Unit AMLI at Milton Park Apartment Community in Alpharetta, Georgia

ATLANTA, GA - CBRE, Inc. announced the sale of the multifamily property AMLI at Milton Park in Alpharetta, Ga.  Renamed Lakeside at Milton Park, the 461-unit mixed-use complex was purchased by Olen Properties. CBRE’s Paul Berry, Ashish Cholia, Malcolm McComb and John Whitlow represented the seller, a venture of AMLI Residential and Northwestern Mutual .Completed in 2004, AMLI at Milton Park was far ahead of its time. The overall Milton Park development utilized its highly landscaped street grid to combine class A apartments, class A office, for-sale residential and a picturesque park with lake into one of Metro Atlanta’s most pleasing mixed-use environments. The apartment buildings themselves reflected classical architecture inspired by Charleston’s “Rainbow Row,” creating the look of dozens of attached urban row homes .  The underlying buildings, however, possessed the layouts and modern operational efficiencies of institutional grade garden apartments . That combination, plus...

Crescent Bayshore in Tampa Begins Preleasing

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Tampa, Fla.— Crescent Bayshore , the only apartment community situated along Tampa’s exclusive Bayshore Blvd ., is now in preleasing. Slated to open in June, the 367- unit luxury apartment community from Charlotte- based Crescent Communities nestles on the edge of Tampa’s Hyde Park, offers awesome bay views and provides access to the city’s most upscale restaurants and shops. The community’s one-, two- and three- bedroom apartments offer chef -inspired kitchens, granite countertops, stainless steel appliances , washers and dryers, designer lighting packages and spacious walk-in closets. Among the public spaces and amenities are an elegant community clubroom , upscale pub room and wine lounge, club-quality gym and on- site dry cleaning pick -up and delivery. “We designed the Crescent Bayshore property to complement its extraordinary neighborhood,” Jay Curran, vice president of Crescent’s multifamily group, tells MHN . He reports the project reflects the architectural and design d...