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Cortland Acquires 319-Unit Apartment Community in Atlanta’s Buckhead District

Amenities at Cortland at Phipps include a pet play area, courtyard, dog grooming station, fitness center, swimming pool, grilling area and an outdoor yoga space.

ATLANTA — Cortland has acquired Domain at Phipps, a 319-unit apartment community situated near Phipps Plaza in Atlanta’s Buckhead district. Cortland will rebrand the property as Cortland at Phipps. The complex was 94 percent occupied at the time of the sale and offers amenities such as a pet play area, courtyard, dog grooming station, fitness center, swimming pool, grilling area and an outdoor yoga space. Atlanta-based Cortland now operates more than 11,000 apartment units in Atlanta. Jason Nettles and Megan Thompson of HFF arranged the sale. The sales price was not disclosed.

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