{"id":413372,"date":"2021-01-12T12:33:40","date_gmt":"2021-01-12T17:33:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413372"},"modified":"2021-01-12T12:33:40","modified_gmt":"2021-01-12T17:33:40","slug":"cushman-wakefield-arranges-66m-sale-on-behalf-of-the-crotts-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-arranges-66m-sale-on-behalf-of-the-crotts-group\/","title":{"rendered":"Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group<\/b><\/p>\n<p>CHARLESTON, South Carolina&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCushman &amp; Wakefield (NYSE: CWK) has arranged the $65.5 million sale of Harbor Pointe, a 344-unit apartment community located in Mount Pleasant, South Carolina, within the Charleston metropolitan area. Jordan McCarley, Tai Cohen and Marc Robinson of Cushman &amp; Wakefield represented the seller, The Crotts Group out of Atlanta, in the transaction. Audubon acquired the property.\n<\/p>\n<p>\n\u201cLocated in the highly sought-after submarket of Mount Pleasant, Harbor Pointe offers residents convenient access to walkable retail and dining, as well as Charleston\u2019s major economic drivers,\u201d McCarley said.\n<\/p>\n<p>\nHarbor Pointe\u2019s location in Mount Pleasant provides direct access to over 98,000 jobs and the Charleston Peninsula. Built in 1987, Harbor Pointe offers an opportunity to infuse the 32-acre property with capital to push rents over $300 per unit and establish market presence in a top southeast location presenting high barriers to entry and untapped future potential.\n<\/p>\n<p>\nCushman &amp; Wakefield\u2019s Sunbelt Multifamily Advisory Group ranks No. 1 in Sunbelt market share based on over 300 transactions and $7.0 billion in multifamily and land investment sales in 2019 (Source: Real Capital Analytics <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.rcanalytics.com&amp;esheet=52359869&amp;newsitemid=20210112005902&amp;lan=en-US&amp;anchor=www.rcanalytics.com&amp;index=1&amp;md5=ba54c21ee4d98dca32d3e2676f2d9e95\">www.rcanalytics.com<\/a>). Market share reflects sales for Alabama, Arkansas, Northwest Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fmultifamily.cushwake.com&amp;esheet=52359869&amp;newsitemid=20210112005902&amp;lan=en-US&amp;anchor=https%3A%2F%2Fmultifamily.cushwake.com&amp;index=2&amp;md5=408ba0fd084c1e3ff771cf994377bc9b\">https:\/\/multifamily.cushwake.com<\/a>.\n<\/p>\n<p><b>About Cushman &amp; Wakefield<\/b><\/p>\n<p>\nCushman &amp; Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman &amp; Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cushmanwakefield.com&amp;esheet=52359869&amp;newsitemid=20210112005902&amp;lan=en-US&amp;anchor=www.cushmanwakefield.com&amp;index=3&amp;md5=364508feb5e03b025e4a84a3a9e72a84\">www.cushmanwakefield.com<\/a> or follow <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.twitter.com%2Fcushwake&amp;esheet=52359869&amp;newsitemid=20210112005902&amp;lan=en-US&amp;anchor=%40CushWake&amp;index=4&amp;md5=81a0cd11761f3ceaa91d894d2b7fbda3\">@CushWake<\/a> on Twitter.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210112005902r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210112005902\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210112005902\/en\/<\/a><\/span><\/p>\n<p><span style=\"font-weight:normal\">Savannah Durban<br \/>\n<\/span><br \/><span style=\"font-weight:normal\">Senior Communications Specialist, South Region<br \/>\n<\/span><br \/><span style=\"font-weight:normal\">+1 404 853 5371<br \/>\n<\/span><br \/><a rel=\"nofollow\" href=\"mailto:savannah.durban@cushwake.com\">savannah.durban@cushwake.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois South Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210112005902\/en\/669112\/3\/CW_Logo_Color_%28002%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group CHARLESTON, South Carolina&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK) has arranged the $65.5 million sale of Harbor Pointe, a 344-unit apartment community located in Mount Pleasant, South Carolina, within the Charleston metropolitan area. Jordan McCarley, Tai Cohen and Marc Robinson of Cushman &amp; Wakefield represented the seller, The Crotts Group out of Atlanta, in the transaction. Audubon acquired the property. \u201cLocated in the highly sought-after submarket of Mount Pleasant, Harbor Pointe offers residents convenient access to walkable retail and dining, as well as Charleston\u2019s major economic drivers,\u201d McCarley said. Harbor Pointe\u2019s location in Mount Pleasant provides direct access to over 98,000 jobs and the Charleston Peninsula. Built in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-arranges-66m-sale-on-behalf-of-the-crotts-group\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-413372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cushman-wakefield-arranges-66m-sale-on-behalf-of-the-crotts-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cushman &amp; Wakefield Arranges $66M Sale on Behalf of The Crotts Group CHARLESTON, South Carolina&#8211;(BUSINESS WIRE)&#8211; Cushman &amp; Wakefield (NYSE: CWK) has arranged the $65.5 million sale of Harbor Pointe, a 344-unit apartment community located in Mount Pleasant, South Carolina, within the Charleston metropolitan area. Jordan McCarley, Tai Cohen and Marc Robinson of Cushman &amp; Wakefield represented the seller, The Crotts Group out of Atlanta, in the transaction. Audubon acquired the property. \u201cLocated in the highly sought-after submarket of Mount Pleasant, Harbor Pointe offers residents convenient access to walkable retail and dining, as well as Charleston\u2019s major economic drivers,\u201d McCarley said. Harbor Pointe\u2019s location in Mount Pleasant provides direct access to over 98,000 jobs and the Charleston Peninsula. 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