CWK - Cushman & Wakefield arranges $71M sale of multifamily property in Alabama
Cushman & Wakefield (NYSE:CWK) has arranged the sale of Colony Woods, a 414-unit multifamily property located in the Cahaba Heights submarket of Birmingham, Alabama, for a final sale price of $71.4M. Colony Woods was 96% leased at the time of sale. The multifamily property offers a prominent location for residents that provides close proximity to a variety of employment opportunities and retail. Cushman & Wakefield’s Andrew Brown and Craig Hey represented the seller, Forum Investment Group, in the transaction.
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Cushman & Wakefield arranges $71M sale of multifamily property in Alabama