Boston, MA – (February 1, 2018) GID announced today that it has acquired Modera Morningside, a 321 unit, Class A apartment community located in the Morningside neighborhood of Atlanta, Georgia. The property will be renamed Windsor at Morningside and is situated on Piedmont Avenue just north of Midtown, providing excellent access to Atlanta’s fastest growing employment markets, lively cultural centers and, with Piedmont Park and the Beltline mere minutes away, its premier outdoor spaces.
Built in 2017, the mid-rise property consists of two buildings, approximately 35,000 sqaure feet of grocery anchored retail and three landscaped courtyards. Divided into two phases, Morningside’s 300 phase I units (studio up to three bedrooms) average 939 square feet of living space, and feature nine foot ceilings, hardwood flooring, quartz countertops, stainless steel appliances, double vanities and in-unit laundry. The Property’s 21 phase II units (studio up to three bedrooms) all include spacious, private outdoor spaces for an average unit size of 1,460 square feet and feature twelve foot ceilings, unique reclaimed wood accent walls, oversized windows and additional cabinetry. Community amenities include a rooftop pool with cabana seating, a fitness center/yoga studio, a pet spa and a sky lounge with a 100-inch projection television. Sprouts Farmers Market, an organic grocer, occupies space on the ground floor, adding convenience to the residential experience.
Bill Chiasson, Senior Vice President of Acquisitions at GID commented, “Windsor at Morningside’s retail mix as well as its central location make this a walkable everyday living experience and a hard to duplicate asset.”