NASHVILLE (October, 2011) – Grover Corlew, a Florida-based real estate investment management group focused on acquiring, developing and operating office, retail and multi-family properties across the Southeast U.S., announced today the acquisition of Beechwood Terrace, a 300-unit apartment complex in Antioch.
Located at 1211 Bell Road, Beechwood Terrace has 13 buildings on more than 37 acres. Grover Corlew plans to newly renovate the complex, which was originally built in 1984. Beechwood’s spacious one, two and three-bedroom apartments average 906 square feet.
“Beechwood Terrace is our third residential acquisition in the Nashville region,” said Partner Mark Corlew. “We were attracted to the superb location within close proximity to downtown Nashville and I-24 and similar to our other properties Beechwood offers roomy floor-plans and appealing architectural elements. Our plans for building upgrades will only heighten the appeal of this property.”
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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.