Construction Maison

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...

AMLI sells luxury apartments in Miramar to Boston investment manager for $82M Rents started at just under $2,000 a month for a one-bedroom unit By Katherine Kallergis | July 18, 2017 11:15AM Miramar Park Chicago- based AMLI Residential just sold a luxury apartment community in Miramar for $82 million, or about $273,000 per unit. Property records show PPF AMLI Miramar Boulevard LLC sold Miramar Park to Bel Miramar LLC , a company tied to Boston- based investment manager Eaton Vance Management . AMLI completed the 300- unit rental development at 11000 Miramar Boulevard in 2015. Units range from 840 square feet to nearly 1,500 square feet, according to its website. Amenities include a pool with cabanas, house bar and outdoor grills, a fitness center, yoga studio, clubroom, bark park and pet spa, lily pond, sculpture garden and more. Rents started at just under $2,000 a month as of July for a one-bedroom unit. Apartments feature granite countertops , designer tile or wood floors an...