BRIDGE GROWS PORTFOLIO WITH ACQUISITION OF THREE SOUTHEAST PROPERTIES

6.12.18

The Meadows

Bridge Real Estate Group, a leading boutique property management and real estate investment services company, announced today that it recently expanded its management portfolio with three exciting new additions: The Meadows in Memphis, Tennessee, acquired by Stoneweg SA; The Kingstowne I and II in Newport News, Virginia, obtained by BAF Associates; and View 75 Apartments in Marietta, Georgia, acquired by Mainstreet Residential. These latest acquisitions bring the total portfolio of managed units to 14,862.

“We are thrilled to announce these three new strategic additions to our portfolio,” said Cathy Cabell-Ward, Vice President of Operations. “We look forward to adding further value for both our clients and the residents of these properties, who will see updates and high standards of management establish these locations as desirable living destinations.”

The Meadows is strategically located near Memphis’ centers of employment and leisure. The 200-unit property offers a variety of lifestyle amenities spread across 24 residential buildings and one clubhouse. Plus, rental rates meet or are slightly below competitors’ rates.

The Kingstowne I and II includes 384 units and is a well‐located asset in the center of Newport News and the larger Hampton Roads area. With nearby access to Interstates 64 and 665, the property offers suburban lifestyle amenities and is within commuting distance of most major area employers, including military bases and shipyards.

View 75 features 19 residential buildings with 214 units and one clubhouse that are less than a quarter mile from hubs of shopping. Additionally, surrounding the property is Home Depot’s Worldwide IT Center, Kennesaw State University-Marietta campus, Dobbins Air Reserve Base, Lockheed Martin and more.

For additional company information, history and services, please visit www.bridgeregroup.com.

 

Bridge Real Estate Group

Bridge Real Estate Group is a multifamily property management company headquartered in Boca Raton, Florida. Founded in 2005, Bridge has grown to be a leading boutique property management and real estate investment services company in the U.S. With a portfolio of properties under its management that encompass a distinct mix of demographics, Bridge is dedicated to personal service and demonstrates a commitment to positively impacting the lives and communities that it serves.

Media Contact:
Jeffrey Burnell
Bridge Real Estate Group
561-826-9036
jburnell@bridgeregroup.com

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