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Summit Sets Record With Multi-Family Disposition in Tulsa, OK

Summit Real Estate Group is pleased to announce the disposition of the Regency Point Apartments in Tulsa, OK. At $15.6 million, the transaction represented a record sale price for a 1970’s vintage multi-family asset in the Tulsa market. The 15 building, 192 unit complex sits on 9.34 acres in South Tulsa and was acquired by … Continued

Summit Announces the Strategic Disposition of Nortech 1 in Atlanta, GA

Summit Real Estate Group is pleased to announce the strategic disposition of the Nortech 1 building at its Peachtree Nortech portfolio in Atlanta, GA. The 216,416 square foot, five-building warehouse portfolio was acquired Q3 2019 on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III). Occupancy at the 187,536 square foot, four-building portfolio that remains … Continued

Summit Stabilizes Peachtree Nortech Portfolio in Atlanta, GA

Summit Real Estate Group is pleased to announce that EcoShield Pest Solutions, based in Gilbert, Arizona, has leased 11,285 square feet at Peachtree Nortech in Atlanta, Georgia. The 216,416 square foot, five-building warehouse portfolio was acquired Q3 2019 on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III). The lease brings the project occupancy to 96%. EcoShield, … Continued

Summit Completes Final Close of Infill Industrial Fund

Summit Real Estate Group has completed its final close of Arrowrock Income & Growth Fund III, LP. The total fundraise, including co-investment commitments, for the infill industrial strategy exceeded $121 million and included both institutional and high net worth investors. The Fund’s investment strategy is to acquire and selectively develop infill, ‘last mile’ multi-tenant warehouse … Continued

Summit Announces New Hire

Summit Real Estate Group is pleased to announce that Olivia Wahl has joined the firm as Property Manager. Olivia brings nearly a decade of commercial property management experience to Summit. She began her real estate career in 2012 at CBRE where she worked on various portfolios consisting of office, retail, and industrial assets. Most recently, … Continued

Summit Identifies Infill Industrial Site North of Orlando

Summit Real Estate Group is pleased to announce that it has placed a 52-acre site in Apopka, FL, just north of Orlando, under contract. To be acquired on behalf of Summit’s Arrowrock Income & Growth Fund III (AIGF III), the ground-up development project will be known as Crossroads 429 Industrial Park and include two multi-tenant … Continued

Walmart Expands at Summit’s Creekside Building in Atlanta

Creekside Distribution Center is a 538,500 square foot infill warehouse / distribution space in East Point, GA, just north of Hartsfield-Jackson Atlanta International Airport. Owned and operated by Summit Real Estate Group it was acquired in May 2020, when the property was 58% occupied. Walmart’s new lease expands their existing space by 100,000 square feet to 304,000 … Continued

Summit Partners with Carlyle on Industrial Buildings

Summit Real Estate Group (“Summit”) is announcing that it has entered into a strategic partnership with Metropolitan Real Estate (“Metropolitan”) to acquire and selectively develop infill, ‘last mile’ multi-tenant warehouse / distribution buildings in high-growth markets across the United States Sun Belt. Metropolitan has invested alongside Summit’s current fund, Arrowrock Income & Growth Fund III … Continued