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Colliers Multifamily Team Brokers $109M Sale of Apartment Portfolio in Atlanta, GA

Atlanta, Feb. 15, 2017 – The Colliers International East Region Multifamily Advisory Group represented an Institutional REIT in the $109 million sale of an 680-unit portfolio consisting of three multifamily properties in Vinings, Ga, a highly desirable area of Atlanta, Ga.: The Peak at Vinings Mountain, The Views at Vinings Mountain, Lakeside at Vinings Mountain, collectively known as The Residences at Vinings Mountain were included in this transaction. San Francisco-based Hamilton Zanze purchased all three properties.

Will Mathews of Colliers International East Region Multifamily Advisory Group team represented the REIT in the transaction.

“This was a unique opportunity to purchase a traditional value-add portfolio with world class amenities in one of Atlanta’s most coveted neighborhoods inside the perimeter, only minutes from the new home of The Braves – SunTrust Park” said Mathews, Principal and Vice President of Colliers East Region Multifamily Advisory Group.

"I am thrilled at the execution by Will Mathews and the exceptional opportunity that the Vinings Portfolio represented for Hamilton Zanze and our investors. We will continue to target the Atlanta market as we begin our march into the Southeastern United States seeking opportunities for our investors." - David Nelson, Hamilton Zanze Managing Director


ABOUT COLLIERS INTERNATIONAL

Colliers International Atlanta has over 300 staff members, including 72 real estate professionals. Total transactional volume for the firm in 2016 was approximately $2.5 billion involving over 1,050 sales and leasing deals. Colliers International is one of the largest manager of commercial property in Georgia and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio in excess of 113 million square feet of office, industrial, retail and healthcare properties. Colliers Facility Solutions team manages over 13 million square feet.

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

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