APARTMENT COMPLEX IN ATLANTA SUBURB SOLD

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PEACHTREE CITY, GA. — Grubb and Ellis Apartment REIT acquired the 252,000-square-foot, 216-unit multifamily property AMLI at Kedron Village from AMLI Residential and Prudential Real Estate Investors. The 21.6-acre property, located at 100 Hyacinth Lane in Peachtree City, includes fitness and business centers and a swimming pool. Engler Financial Group represented the seller, and financing was arranged by Capmark Finance.

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