AUBURN, AL - Cushman & Wakefield announced today that the commercial real estate services firm has arranged the $30.25 million sale of Grayton on Dean, a 240-unit multifamily apartment community located in Auburn, Alabama.
Jimmy Adams and Parker Caldwell of Cushman & Wakefield represented the seller, BRECAP, in the transaction. The property was acquired by Brookhaven Property Group, based in Lakewood, New Jersey. Grayton on Dean is the second property that Brookhaven has acquired via.