Interior updates and rebranding planned for 274-unit complex
NASHVILLE (July 1, 2012) – Grover Corlew, a South Florida-based real estate investment management group focused on acquiring, developing and operating office, retail and multi-family properties across the Southeast U.S., has purchased Abbington Heights in Antioch. This is the fourth residential complex in the Nashville metro area that the company has added to its portfolio within the last two years.
Located at 149 Hickory Hollow Terrace, Abbington Heights is comprised of 17 buildings and 274 apartments. The complex sits within close proximity to downtown Nashville, Global Mall at The Crossings, Nashville State College and I-24. The property was originally built in 1986 and was renovated just last year. Grover Corlew is planning additional upgrades to the interior spaces in the near future.
“Our four recent Nashville-area residential acquisitions have many similar attributes that were strong selling points for our company,” said Partner Anuj Grover. “Each complex is ideally located, featuring spacious living areas, architectural charm and value-added amenities. We are excited at the prospect of raising occupancy levels and creating superior rental options in the area.”
In addition to Abbington Heights, Grover Corlew also has acquired the Willow Grove, Woodbridge and Beechwood apartment complexes in the Nashville metro area in the last two years.
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About Grover Corlew
Led by experienced real estate veterans who have worked together since 2002 and who have more than 40 years of combined industry experience, Grover Corlew is a real estate investment management group focused on acquiring, developing and operating office, retail and multi-family properties across the Southeast U.S. Grover Corlew has offices in South Florida, Orlando and Atlanta and provides in-house asset management and property management services. The company is also an active developer with in-house development expertise as well as strategic relationships with tenants and local developers throughout the Southeast U.S.