Grubb & Ellis Realty Investors LLC closed on the purchase of The Retreat at Peachtree City apartments for $36.6 million, or approximately $117,308 per unit. Prudential Insurance Co. and AMLI Residential Properties Trust sold the Peachtree City, GA, property as part of a 1031 tenant-in-common exchange transaction at a 5.4% cap rate.
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1600 Barberry Ln, Peachtree City, GA