Cushman & Wakefield Brokers $48.2M Sale of The Ellis Apartment Community in Savannah

SAVANNAH, GA. — Cushman & Wakefield has brokered the $48.2 million sale of The Ellis, a new 235-unit apartment complex in Savannah. The property offers studio, one- and two-bedroom floor plans. Communal amenities include a swimming pool, clubroom, yoga studio, 24-hour fitness center, poolside fire pit, dog park, pet spa and grilling stations. The sellers, Brand Properties and Mariner Group, delivered the property earlier this year. Robert Stickel, Taylor Bird and Alex Brown of Cushman & Wakefield represented the sellers in the transaction. ECI Group acquired the property.