Skip Navigation

Capital Square 1031 buys Promenade at Newnan Crossing for $65.8 Million

October 13, 2020

October 13, 2020

Capital Square 1031, a sponsor of Delaware statutory trust oferings for Section 1031 exchanges, has purchased the Promenade at Newnan Crossing, a 298-unit multifamily property. The frm purchased the property for $65.8 million from joint venture partners PointOne Holdings, Batson- Cook Development Company and Novare Group.

Promenade at Newnan Crossing consists of three-story apartment buildings, and rental townhomes on approximately 24 acres.

The development is part of a 123-acre mixed-use master development with retail, ofce, restaurant and residential space. The LINC, a 25.5-mile multi-use pedestrian pathway connecting the entertainment and commerce hubs of Newnan, runs adjacent to the property.

To view the full story, click here.


Corporate Responsibility & Sustainability Initiatives

Our elevated focus on corporate responsibility and sustainability furthers our commitment to environmental stewardship and community well-being.

Join the Capital Square Team

Our culture of collegiality and family-oriented values is a competitive advantage, and our team members are individuals at the top of their respective fields.