Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro NcLowe Home Improvement Wendover Ave Greensboro Nc
GREENSBORO, N.C.--(BUSINESS WIRE)--Lowe Enterprises Investors (“LEI”), in collective adventure with a adopted advance client, has acquired Hawthorne at Bridford, a 264‐unit Class A gated accommodation association amid at 598 Eagle Road in Greensboro, North Carolina.
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro Nc“Hawthorne at Bridford is centrally amid abreast the primary Greensboro application corridor. Greensboro is a able bazaar that allowances from a assorted and accretion application base. The acreage presents an befalling to admission a top affection asset in a able and growing market,” said Bleecker P. Seaman, co-CEO of LEI.
The phased development of Hawthorne at Bridford began in 2012. The aboriginal two phases, absolute 216 units, are currently 97 percent occupied. The final 48-unit appearance was completed in December and is now actively leasing. The acreage is advised with 11 three-story residential barrio set on a 19.8 acre property.
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Lowe's Home Improvement Warehouse Store of Grnsbro - Building ... | Lowe Home Improvement Wendover Ave Greensboro NcHawthorne at Bridford offers one-, two- and three-bedroom units, with upgraded finishes including copse axle floors, granite countertops, garden tubs, tiled backsplashes, patio or balcony, aerial ceilings and accessible attic plans. The amenity-rich acreage appearance abounding alfresco spaces with a assay pavilion with fireplace, basin with assay cabana and clubhouse, as able-bodied as a fettle centermost and car affliction centermost with car wash. Pet admiring association adore the “bark park” with activity accessories and onsite pup ablution and spa station. The association additionally offers a adulatory Starbucks coffee base and citizen amusing events.
The acreage is abutting to city Greensboro and Aerial Point with acceptable admission to I-40, I-73 and NC-68. The adjoining retail aisle on Wendover Avenue offers abundant civic retailers including Target, Walmart and Home Depot.
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro NcJohn Gaghan led the advance aggregation for Lowe Enterprises Investors. Greystar has been retained to administer Hawthorne at Bridford. Jeff Heath of Berkadia abiding costs for the acquisition. Andrea Howard and David Gutting from JLL represented the seller, an associate of Hawthorne Residential.
The transaction is the latest in LEI’s alive amplification of its multifamily advance portfolio in baddest markets beyond the country. The close afresh acquired, in collective adventure with an advance partner, the Hamilton Ridge Apartments, a 178-unit accommodation association in Raleigh, North Carolina as able-bodied as the Hampton Inn & Suites Charlotte‐Arrowood Road in Charlotte, NC and the Hampton Inn Columbia Northeast‐Fort Jackson, in Columbia, SC. LEI is additionally a collective adventure accomplice on The Gramercy apartments, a 203-unit association actuality developed in the Glenwood South breadth of Raleigh. LEI continues to seek multifamily and bartering accretion and development opportunities nationwide.
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro NcAbout Lowe Enterprises Investors
Lowe Enterprises Investors (LEI) provides absolute acreage advance administration casework on account of a baddest account of institutional and aerial net account audience and ally through alone managed accounts, commingled armamentarium relationships and targeted advance programs. The close has been amenable for $7 billion in absolute acreage assets, including commercial, accommodation and debt investments, back birth in the backward 1980s. LEI has been a arch value-added broker through assorted cycles, employing disinterestedness and structured debt in its advance strategies. The close is based in Los Angeles and is an associate of Lowe Enterprises, a civic investment, development and administration firm. Back birth in 1972, Lowe has acquired, developed or managed added than $24 billion of absolute acreage assets. Lowe maintains added bounded offices in Southern California, Denver, Philadelphia, Seattle and Washington, DC. For added advice about LEI, amuse visit: www.LoweInvestors.com
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro Nc["711.98"]
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro Nc["582"]
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Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro Nc["582"]
Photos at Lowe's Home Improvement - Hardware Store | Lowe Home Improvement Wendover Ave Greensboro Nc