HARBOR GROUP SELLS APARTMENT COMMUNITY FOR $32 MILLION IN ATLANTA

ATLANTA — An affiliate of ECI Groups has acquired the Veranda apartment community in Atlanta from an affiliate of Norfolk, Va.-based Harbor Group for $32 million. The garden-style apartment complex features one-, two- and three-bedroom units averaging 964 square feet; walking trails to the Chattahoochee River; fitness center; and a pool. Kevin Geiger, Paul Berry and Malcolm McComb of CB Richard Ellis brokered the transaction.