ATLANTA, GA – FCP announces the acquisition of Westwood Glen, a 247-unit residential complex in Atlanta, GA for $ 24.5 million The acquisition marks FCP's 21st investment in Atlantica and the 9th investment in the city's west side.
"Westwood Glen is in the same submarket as two other FCP communities and is a well-preserved asset in a location that is poised for continued growth," said Scott Reibstein of FCP. Reibstein continued, "FCP has a strong presence in West Atlanta, which is near the thriving South Fulton industrial corridor, one of the largest corridors of its kind in the US, generating robust employment growth and strong housing demand."
Westwood Glen is located at 1225 Fairburn Road, SW and offers one and two bedroom floor plans with hardwood floors, a pool with sundeck and children's play area in a lush, wooded setting. FCP plans to improve community amenities, including a dog park, package lockers, and barbecue areas.
FCP would like to thank Paul Vetter and Andrew Mays from Berkadia for representing them.