Cushman & Wakefield Brokers $58.6M Sale of Multifamily Property in Metro Atlanta

by Camren Skelton

MCDONOUGH, GA. — Cushman & Wakefield has arranged the $58.6 million sale of Trees of Avalon, a 500-unit apartment community in McDonough, 30 miles south of Atlanta. Chris Spain and Alex Brown of Cushman & Wakefield represented the seller, Watkins Real Estate Group, in the transaction. Fairfield Residential acquired the property. Constructed in 2009, Trees of Avalon includes one- to three-bedroom units and features a swimming pool, fitness center, lighted tennis court and a car care center.

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