RADCO Expands Multifamily Focus in Kennesaw
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RADCO plans to invest about $3.5 million to upgrade Bridges of Kennesaw.
ATLANTA—Bridges of Kennesaw, a 296-unit multifamily asset in the Atlanta suburb of Kennesaw, GA, has traded hands. The deal marks RADCO Companies secondmultifamily acquisition in the northern suburb.
RADCO paid just over $35 million for the multifamilycomplex. RADCO grabbed it from Harbor Group International. Cushman & Wakefield brokered the transaction.
“We will begin implementing our Bridges of Kennesaw business strategy immediately in order to reposition the community to catch up with the marketplace, which has one of the fastest growing economies in the nation,” saysNorman Radow, president and CEO of RADCO. “The property has been stable and performing well for the past several years, but now is the time to take it to the next level.”…
