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West Shore Expands Portfolio with Acquisition of Walden at Chatham Center
West Shore, a leading multifamily real estate investment firm, has announced the successful acquisition of Walden at Chatham Center, marking the company’s 30th purchase. This new acquisition is part of West Shore’s ongoing efforts to expand its presence across the U.S., with the addition of this 236-unit luxury apartment community in Savannah, Georgia.
Over the past five months, West Shore has strategically acquired four new properties in our key markets across Georgia, Florida, North Carolina, and South Carolina. With the addition of Walden at Chatham Center, we now own and manage 28 residential properties, comprising 8,598 apartment units and valued at over $1.35 billion.
Our vision is clear, and our growth plan is solid, as evidenced by our ownership of Grand Oaks at Ogeechee River in Savannah, the city’s only residential community offering deep-water access.“We’re confident in Savannah’s long-term growth and are thrilled to add another valuable asset in Georgia to our growing portfolio,” said Steven P. Rosenthal, Chairman of West Shore.
Walden at Chatham Center: A Prime Residential Destination
Walden at Chatham Center, located at 100 Walden Lane just off Chatham Parkway, includes 15 residential buildings and offers six distinct floor plans, ranging from one- to three-bedroom units, including carriage houses and lofts.
The property features a range of amenities, including a clubhouse, swimming pool with a waterfall, 24-hour fitness center, dog park, playground, car care center, picnic areas with grills, storage units, and private garages.
This apartment community is ideally close to the Savannah College of Art and Design (SCAD) and major employers in the city. It also offers easy access to the Savannah International Airport, historic downtown Savannah, and the surrounding barrier islands and beaches.
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We are excited to continue expanding our portfolio with such an exceptional property in Savannah, said Lee Rosenthal, President of West Shore. “Walden at Chatham Center offers residents a premium lifestyle with its prime location and top-tier amenities.”
Leasing Information
The leasing office for Walden at Chatham Center is open Monday through Friday from 9:00 a.m. to 6:00 p.m. and Saturdays from 10:00 a.m. to 5:00 p.m. For further details, visit the leasing office or contact the team directly.
West Shore Acquires Three More Properties in Key Markets
West Shore has also announced the successful acquisition of three additional properties: The 276-unit Mark at Chatham in Savannah, Georgia; the 301-unit 500 East Apartments in Daytona Beach, Florida; and the 315-unit Broadstone Lake Lane in College Station, Texas.
The acquisitions were finalized on December 30, 2020. Following these acquisitions, West Shore now owns and manages 30 residential communities with a total of 9,491 apartment units valued at over $1.5 billion.
“We’re pleased to continue growing our presence in these key markets,” said Steven P. Rosenthal, Chairman of West Shore. “These acquisitions allow us to leverage our experience and knowledge, positioning the company for continued success.”
The Mark at Chatham: A New Luxury Community in Savannah
The Mark at Chatham, located at 1475 Chatham Parkway in Savannah, Georgia, is a newly developed luxury apartment community. Just minutes from the Savannah College of Art and Design (SCAD), downtown Savannah, and the city’s largest employers, this community offers modern amenities such as stainless steel appliances, quartz countertops, and designer finishes throughout.
The property also features a saltwater swimming pool, outdoor kitchen, fire pits, a state-of-the-art fitness center with yoga and cycling rooms, and a private pond, providing residents with resort-style living in an unbeatable location.
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500 East Apartments: A Resort-Style Community in Daytona Beach
500 East Apartments, located at 1851 LPGA Boulevard in Daytona Beach, Florida, offers a variety of modern amenities, including a saltwater resort-style pool, outdoor kitchen, fire pit, and a fully equipped fitness center.
The units feature open-concept floor plans, kitchen islands, gourmet kitchens, and stainless-steel appliances. The community is ideally located near Daytona International Speedway, Daytona Beach International Airport, and other local attractions.
Broadstone Lake Walk: A Premium Community in College Station
Broadstone Lake Walk, located at 8175 Atlas Pear Drive in College Station, Texas, is a new luxury apartment community integrated with the adjacent 8085 at Traditions community to form Lake Walk at Traditions Apartments.
The newly combined 972-unit community offers a variety of luxury amenities, including multiple swimming pools, fitness centers, dog parks, and electric car charging stations. Its location within the master-planned Traditions Golf Community provides residents access to world-class businesses and Texas A&M University.
Closing Thoughts
West Shore’s ongoing expansion across key markets in the Southeast and Texas is a testament to our commitment to the multifamily real estate industry. By acquiring properties like Walden at Chatham Center and the Mark at Chatham, we continue to provide exceptional living experiences to our residents, ensuring their comfort and satisfaction, and in turn, providing long-term value for our investors.
FAQs:
What is West Shore’s latest acquisition?
West Shore recently acquired Walden at Chatham Center, a 236-unit apartment community in Savannah, Georgia.
How many properties does West Shore own?
West Shore now owns 30 residential properties, totaling 9,491 apartment units across multiple U.S. states.
Where is Walden at Chatham Center located?
Walden at Chatham Center is located off Chatham Parkway at 100 Walden Lane in Savannah, Georgia.
What amenities are offered at Walden at Chatham Center?
Amenities include a pool with a waterfall, fitness center, dog park, clubhouse, picnic areas, garages, and more.
What other properties has West Shore acquired recently?
West Shore also acquired The Mark at Chatham in Savannah, 500 East Apartments in Daytona Beach, and Broadstone Lake Walk in College Station.
