Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Canterbury Ridge, a 212-unit multifamily community located at 101 Canterbury Rdg. in Canton, Georgia.

Travis Presnell, James Wilber, Mike Kemether and Wesley Lacefield of Cushman & Wakefield represented the seller, Dominium, in the transaction. The community was acquired by Atlantic Pacific Companies. 

"We are thrilled to have completed the successful sale of Canterbury Ridge to Atlantic Pacific. Given their existing ownership in the submarket, they are well-suited to enhance the property through some strategic capital improvements. The transaction underscores the demand for high-quality value-add opportunities in the Atlanta market,” said Presnell, Executive Managing Director at Cushman & Wakefield.

Built in 1999, Canterbury Ridge's strategic Interstate 75 North location provides residents with direct connectivity to premier job nodes, top-rated healthcare jobs and a plethora of lifestyle amenities.

"The purchase and sale of Canterbury Ridge demonstrates the sustained demand for multifamily properties in Atlanta. The strong growth of the Atlanta MSA remains a key driver for investor interest in both urban and suburban submarkets,” added Wilber, Senior Director at Cushman & Wakefield.

Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is a 90-person investment sales team covering 15 states with No. 1 multifamily market share in that region based on sales volume and transactions reported to CoStar. Per Cushman & Wakefield, in 2024, the group closed $5 billion in sales volume through 172 deals and 28,000 units. For more information about the Sunbelt Multifamily Advisory Group, visit https://multifamily.cushwake.com.